Benzinga's Top Upgrades, Downgrades For May 17, 2019


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Top Upgrades

  • Analysts at Bank of America upgraded Philip Morris International Inc. (NYSE:PM) from Underperform to Neutral. Philip Morris shares rose 0.2 percent to $85.62 in pre-market trading.
  • UBS upgraded United Therapeutics Corporation (NASDAQ:UTHR) from Sell to Neutral. United Therapeutics shares fell 0.8 percent to close at $88.64 on Thursday.
  • Analysts at Credit Suisse upgraded Cincinnati Financial Corporation (NASDAQ:CINF) from Neutral to Outperform. Cincinnati Financial shares fell 0.1 percent to $97.07 in pre-market trading.
  • Analysts at Gordon Haskett upgraded W W Grainger Inc (NYSE:GWW) from Reduce to Hold. Grainger shares rose 0.3 percent to $264.58 in pre-market trading.
  • BTIG Research upgraded Texas Roadhouse, Inc. (NASDAQ:TXRH) from Neutral to Buy. Texas Roadhouse shares rose 0.6 percent to $53.07 in pre-market trading.
  • Gordon Haskett upgraded Walmart Inc (NYSE:WMT) from Hold to Accumulate. Walmart shares rose 0.2 percent to $101.49 in pre-market trading.
  • Analysts at JP Morgan upgraded Under Armour Inc (NYSE:UA) from Neutral to Overweight. Under Armour shares rose 3.3 percent to $20.00 in pre-market trading.
  • B. Riley FBR upgraded Foot Locker, Inc. (NYSE:FL) from Neutral to Buy. Foot Locker shares rose 1.77 percent to $56.39 in pre-market trading.
  • Deutsche Bank upgraded CyrusOne Inc (NASDAQ:CONE) from Hold to Buy. CyrusOne shares rose 0.7 percent to $63.39 in pre-market trading.
  • B. Riley FBR upgraded Applied Materials, Inc. (NASDAQ:AMAT) from Neutral to Buy. Applied Materials shares rose 5.6 percent to $44.00 in pre-market trading.

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Top Downgrades

  • Analysts at KeyBanc downgraded Camping World Holdings Inc (NYSE:CWH) from Overweight to Sector Weight. Camping World shares rose 0.1 percent to $12.28 in pre-market trading.
  • Analysts at Credit Suisse downgraded Advanced Disposal Services Inc (NYSE:ADSW) from Outperform to Neutral. Advanced Disposal shares fell 0.1 percent to close at $32.11 on Thursday.
  • MKM Partners downgraded NeoPhotonics Corp (NYSE:NPTN) from Buy to Neutral. NeoPhotonics shares fell 20.5 percent to close at $4.54 on Thursday.
  • Summit Insights Group downgraded NVIDIA Corporation (NASDAQ:NVDA) from Buy to Hold. NVIDIA shares fell 1 percent to $158.57 in pre-market trading.
  • Argus downgraded Wolverine World Wide, Inc. (NYSE:WWW) from Buy to Hold. Wolverine shares fell 1.8 percent to $29.19 in pre-market trading.
  • Guggenheim downgraded Copart, Inc. (NASDAQ:CPRT) from Buy to Neutral. Copart shares rose 1.2 percent to close at $67.07 on Thursday.
  • MKM Partners downgraded Matador Resources Co (NYSE:MTDR) from Buy to Neutral. Matador Resources shares fell 1 percent to $20.60 in pre-market trading.

 

Top Initiations

  • William Blair initiated coverage on Concrete Pumping Holdings Inc (NASDAQ:BBCP) with an Outperform rating. Concrete Pumping shares closed at $5.31 on Thursday.
  • B. Riley FBR initiated coverage on Propetro Holding Corp (NYSE:PUMP) with a Buy rating. The price target for Propetro is set to $29. Propetro shares closed at $24.05 on Thursday.
  • Imperial Capital initiated coverage on Identiv Inc (NASDAQ:INVE) with an Outperform rating. The price target for Identiv is set to $8.75. Identiv shares closed at $4.98 on Thursday.
  • Alembic Global initiated coverage on Barnes Group Inc. (NYSE:B) with an Overweight rating. The price target for Barnes is set to $67. Barnes shares closed at $55.68 on Thursday.
  • RBC Capital initiated coverage on Ensco Rowan PLC (NYSE:ESV) with an Outperform rating. The price target for Ensco Rowan is set to $15. Ensco Rowan shares closed at $11.17 on Thursday.
  • Consumer Edge initiated coverage on Twitter Inc (NYSE:TWTR) with an Equal-Weight rating. Twitter shares closed at $38.30 on Thursday.
  • Jefferies initiated coverage on Wayfair Inc (NYSE:W) with a Buy rating. The price target for Wayfair is set to $192. Wayfair shares closed at $148.26 on Thursday.
  • B. Riley FBR initiated coverage on Liberty Oilfield Services Inc (NYSE:LBRT) with a Buy rating. The price target for Liberty Oilfield is set to $20. Liberty Oilfield shares closed at $16.35 on Thursday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsInitiationstop upgrades