Benzinga's Top Upgrades, Downgrades For May 28, 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

  • Goldman Sachs upgraded Activision Blizzard, Inc. (NASDAQ:ATVI) from Neutral to Buy. Activision Blizzard shares rose 3 percent to $43.55 in pre-market trading.
  • MKM Partners upgraded EOG Resources Inc (NYSE:EOG) from Neutral to Buy. EOG fell 1.9 percent to close at $87.16 on Friday.
  • Analysts at Berenberg upgraded Ingevity Corp (NYSE:NGVT) from Hold to Buy. Ingevity shares rose 2 percent to $89.15 in pre-market trading.
  • JP Morgan upgraded HUYA Inc - ADR (NYSE:HUYA) from Neutral to Overweight. HUYA shares rose 2 percent to $21.27 in pre-market trading.
  • Analysts at MKM Partners upgraded Hess Corp. (NYSE:HES) from Neutral to Buy. Hess rose 0.8 percent to close at $59.47 on Friday.
  • Raymond James upgraded istar Inc (NYSE:STAR) from Market Perform to Outperform. iStar rose 1.6 percent to $9.74 in pre-market trading.
  • Stifel Nicolaus upgraded Lexington Realty Trust (NYSE:LXP) from Sell to Hold. Lexington Realty rose 0.5 percent to close at $9.15 on Friday.
  • Analysts at MKM Partners upgraded Matador Resources Co (NYSE:MTDR) from Neutral to Buy. Matador Resources shares fell 0.7 percent to close at $17.66 on Friday.

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Top Downgrades

  • Stephens & Co. downgraded Roku Inc (NASDAQ:ROKU) from Overweight to Equal-Weight. Roku shares fell 0.7 percent to $95.12 in pre-market trading.
  • UBS downgraded Teva Pharmaceutical Industries Ltd (NYSE:TEVA) from Buy to Neutral. Teva shares rose 0.9 percent to $10.97 in pre-market trading.
  • Jefferies downgraded SINA Corp (NASDAQ:SINA) from Buy to Hold. SINA shares fell 0.5 percent to $39.85 in pre-market trading.
  • Evercore ISI Group downgraded Southwest Airlines Co (NYSE:LUV) from Outperform to In-Line. Southwest shares fell 0.3 percent to $51.00 in pre-market trading.
  • JP Morgan downgraded Weibo Corp (NASDAQ:WB) from Overweight to Neutral. Weibo rose 0.1 percent to $43.70 in pre-market trading.
  • Goldman Sachs downgraded Gilead Sciences, Inc. (NASDAQ:GILD) from Neutral to Sell. Gilead Sciences shares fell 2.3 percent to $65.38 in pre-market trading.
  • Raymond James downgraded Kimco Realty Corp (NYSE:KIM) from Outperform to Market Perform. Kimco Realty shares fell 0.1 percent to $18.17 in pre-market trading.
  • Bank of America downgraded J B Hunt Transport Services Inc (NASDAQ:JBHT) from Buy to Neutral. JB Hunt shares fell 2 percent to $87.52 in pre-market trading.

 

Top Initiations

  • Goldman Sachs initiated coverage on Eli Lilly And Co (NYSE:LLY) with a Buy rating. The price target for Eli Lilly is set to $135. Eli Lilly shares closed at $116.79 on Friday.
  • Analysts at Needham initiated coverage on So-Young International Inc - ADR (NASDAQ:SY) with a Buy rating. The price target for So-Young is set to $16.5. So-Young shares closed at $14.32 on Friday.
  • Analysts at RBC Capital initiated coverage on SciPlay Corp (NASDAQ:SCPL) with an Outperform rating. The price target for SciPlay is set to $19. SciPlay shares closed at $15.77 on Friday.
  • Cowen & Co. initiated coverage on TransMedics Group Inc (NASDAQ:TMDX) with an Outperform rating. The price target for TransMedics is set to $40. TransMedics shares closed at $28.88 on Friday.
  • Goldman Sachs initiated coverage on Bristol-Myers Squibb Co (NYSE:BMY) with a Buy rating. The price target for Bristol-Myers is set to $54. Bristol-Myers closed at $46.81 on Friday.
  • Analysts at Stifel Nicolaus initiated coverage on Kontoor Brands, Inc. (NYSE:KTB) with a Buy rating. The price target for Kontoor Brands is set to $46. Kontoor Brands closed at $36.40 on Friday.
  • Credit Suisse initiated coverage on Beyond Meat Inc (NASDAQ:BYND) with a Neutral rating. The price target for Beyond Meat is set to $70. Beyond Meat shares closed at $79.67 on Friday.
  • KeyBanc initiated coverage on SRC Energy Inc (NYSE:SRCI) with an Overweight rating. The price target for SRC Energy is set to $7. SRC Energy shares closed at $5.21 on Friday.
  • Analysts at SVB Leerink initiated coverage on Iqvia Holdings Inc (NYSE:IQV) with an Outperform rating. The price target for Iqvia is set to $160. Iqvia shares closed at $136.38 on Friday.
  • Morgan Stanley initiated coverage on Yunji Inc (NASDAQ:YJ) with an Overweight rating. The price target for Yunji is set to $14.7. Yunji shares closed at $10.95 on Friday.

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.


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