Benzinga's Top Upgrades, Downgrades For June 7, 2019


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Top Upgrades

  • Analysts at Stifel Nicolaus upgraded Schlumberger Limited (NYSE:SLB) from Hold to Buy. Schlumberger rose 1.8 percent to $35.68 in pre-market trading.
  • JP Morgan upgraded Garmin Ltd. (NASDAQ:GRMN) from Underweight to Neutral. Garmin shares fell 0.1 percent to close at $78.37 on Thursday.
  • Analysts at Piper Jaffray upgraded Helmerich & Payne, Inc. (NYSE:HP) from Neutral to Overweight. Helmerich & Payne shares rose 0.4 percent to close at $51.18 on Thursday.
  • Goldman Sachs upgraded Exelon Corporation (NYSE:EXC) from Neutral to Buy. Exelon shares rose 0.2 percent to $50.33 in pre-market trading.
  • Citigroup upgraded WP Carey Incey (NYSE:WPC) from Sell to Neutral. W.P. Carey shares rose 0.4 percent to $84.64 in pre-market trading.
  • JP Morgan upgraded Matador Resources Co (NYSE:MTDR) from Neutral to Overweight. Matador Resources shares rose 0.8 percent to $16.41 in pre-market trading.
  • Vertical Research upgraded JetBlue Airways Corporation (NASDAQ:JBLU) from Hold to Buy. JetBlue shares rose 0.3 percent to $17.98 in pre-market trading.
  • Raymond James upgraded Helix Energy Solutions Group Inc (NYSE:HLX) from Outperform to Strong Buy. Helix Energy shares closed at $6.98 on Thursday.
  • KeyBanc upgraded Anaplan Inc (NYSE:PLAN) from Sector Weight to Overweight. Anaplan shares rose 2.4 percent to $48.50 in pre-market trading.
  • Wedbush upgraded Glu Mobile Inc. (NASDAQ:GLUU) from Neutral to Outperform. Glu Mobile rose 2.1 percent to $7.20 in pre-market trading.

 

Top Downgrades

  • Telsey Advisory Group downgraded Michaels Companies Inc (NASDAQ:MIK) from Outperform to Market Perform. Michaels shares fell 1 percent to $8.10 in pre-market trading.
  • JP Morgan downgraded QEP Resources Inc (NYSE:QEP) from Neutral to Underweight. QEP Resources shares fell 2.8 percent to $6.49 in pre-market trading.
  • JP Morgan downgraded Centennial Resource Development Inc (NASDAQ:CDEV) from Overweight to Neutral. Centennial Resource Development shares fell 1.2 percent to close at $7.46 on Thursday.
  • Argus Research downgraded Skyworks Solutions Inc (NASDAQ:SWKS) from Buy to Hold. Skyworks shares fell 0.6 percent to $69.00 in pre-market trading.
  • Guggenheim downgraded Mirati Therapeutics Inc (NASDAQ:MRTX) from Buy to Neutral. Mirati Therapeutics shares fell 1.4 percent to $95.56 in pre-market trading.
  • BMO Capital downgraded Camping World Holdings Inc (NYSE:CWH) from Outperform to Market Perform. Camping World shares fell 2.6 percent to $11.78 in pre-market trading.
  • Piper Jaffray downgraded Texas Capital Bancshares Inc (NASDAQ:TCBI) from Overweight to Neutral. Texas Capital Bancshares fell 1.2 percent to $59.15 in pre-market trading.
  • Jefferies downgraded Invesco Ltd. (NYSE:IVZ) from Buy to Hold. Invesco shares fell 1.5 percent to $20.45 in pre-market trading.
  • Stephens & Co. downgraded Mammoth Energy Services Inc (NASDAQ:TUSK) from Overweight to Equal-Weight. Mammoth Energy shares rose 2.3 percent to $6.25 in pre-market trading.
  • UBS downgraded American Tower Corp (NYSE:AMT) from Buy to Neutral. American Tower shares fell 0.4 percent to $211.78 in pre-market trading.

 

Top Initiations

  • Analysts at Goldman Sachs initiated coverage on Veeva Systems Inc (NYSE:VEEV) with a Neutral rating. The price target for Veeva is set to $151. Veeva shares closed at $159.00 on Thursday.
  • Analysts at Stifel initiated coverage on X4 Pharmaceuticals Inc (NASDAQ:XFOR) with a Buy rating. The price target for X4 Pharmaceuticals is set to $27. X4 Pharmaceuticals shares closed at $13.95 on Thursday.
  • Analysts at Nomura initiated coverage on Applied Materials, Inc. (NASDAQ:AMAT) with a Neutral rating. The price target for Applied Materials is set to $40. Applied Materials closed at $41.38 on Thursday.
  • Seaport Global initiated coverage on Select Interior Concepts Inc (NASDAQ:SIC) with a Buy rating. The price target for Select Interior Concepts is set to $15. Select Interior Concepts shares closed at $10.04 on Thursday.
  • Deutsche Bank initiated coverage on Waitr Holdings Inc (NASDAQ:WTRH) with a Buy rating. Waitr shares closed at $5.68 on Thursday.
  • Citigroup initiated coverage on Activision Blizzard, Inc. (NASDAQ:ATVI) with a Neutral rating. The price target for Activision Blizzard is set to $47. Activision Blizzard closed at $44.08 on Thursday.
  • Roth Capital initiated coverage on Fate Therapeutics Inc (NASDAQ:FATE) with a Neutral rating. The price target for Fate Therapeutics is set to $20. Fate Therapeutics closed at $17.71 on Thursday.
  • Stephens & Co. initiated coverage on Establishment Labs Holdings Inc (NASDAQ:ESTA) with an Overweight rating. The price target for Establishment Labs is set to $37. Establishment Labs shares closed at $22.22 on Thursday.
  • Analysts at Oppenheimer initiated coverage on Agile Therapeutics Inc (NASDAQ:AGRX) with an Outperform rating. The price target for Agile Therapeutics is set to $5. Agile Therapeutics shares closed at $1.03 on Thursday.
  • Goldman Sachs initiated coverage on New Relic Inc (NYSE:NEWR) with a Sell rating. The price target for New Relic is set to $83. New Relic shares closed at $100.50 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.


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Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsInitiationstop upgrades