Benzinga's Top Upgrades, Downgrades For January 11, 2017


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Top Upgrades

  • Analysts at Bernstein upgraded Paychex, Inc. (NASDAQ: PAYX) from Underperform to Market Perform. Paychex shares fell 0.34 percent to close at $60.81 on Tuesday.
  • Citigroup upgraded Keryx Biopharmaceuticals (NASDAQ: KERX) from Sell to Neutral. Keryx Biopharmaceuticals shares rose 4.84 percent to $6.50 in pre-market trading.
  • Raymond James upgraded Visteon Corp (NYSE: VC) from Market Perform to Outperform. Visteon shares rose 5.90 percent to close at $86.53 on Tuesday.
  • Analysts at Wells Fargo upgraded Williams Partners LP (NYSE: WPZ) from Market Perform to Outperform. Williams Partners shares dropped 0.13 percent to close at $38.62 on Tuesday.
  • UBS upgraded Zions Bancorp (NASDAQ: ZION) from Sell to Neutral. Zions Bancorp shares rose 1.54 percent to close at $43.56 on Tuesday.
  • Analysts at Exane BNP Paribas upgraded Eni SpA (ADR) (NYSE: E) from Underperform to Neutral. ENI shares dropped 0.03 percent to $32.77 in pre-market trading.
  • Morgan Stanley upgraded BT Group plc (ADR) (NYSE: BT) from Equal-Weight to Overweight. BT Group shares rose 2.67 percent to $24.58 in pre-market trading.
  • UBS upgraded Coca-Cola European Partners plc (NYSE: CCE) from Neutral to Buy. Coca-Cola European Partners shares rose 2.86 percent to $32.40 in pre-market trading.


Top Downgrades

  • Credit Suisse downgraded VCA Inc (NASDAQ: WOOF) from Outperform to Neutral. VCA shares rose 0.04 percent to close at $90.83 on Tuesday.
  • Citigroup downgraded Duke Energy Corp (NYSE: DUK) from Neutral to Sell. Duke Energy shares fell 0.33 percent to $76.25 in pre-market trading.
  • Analysts at UBS downgraded Bank of America Corp (NYSE: BAC) from Buy to Neutral. Bank of America shares dropped 0.31 percent to $22.87 in pre-market trading.
  • Barclays downgraded Williams Companies Inc (NYSE: WMB) from Overweight to Equal-Weight. Williams shares rose 0.49 percent to $28.64 in pre-market trading.
  • Deutsche Bank downgraded AT&T Inc. (NYSE: T) from Buy to Hold. AT&T shares fell 0.42 percent to $40.64 in pre-market trading.
  • Analysts at Wells Fargo downgraded Western Refining Logistics LP (NYSE: WNRL) from Outperform to Market Perform. Western Refining shares rose 0.94 percent to close at $21.50 on Tuesday.
  • UBS downgraded M&T Bank Corporation (NYSE: MTB) from Neutral to Sell. M&T Bank shares gained 0.47 percent to close at $156.70 on Tuesday.
  • Analysts at Baird downgraded Sunstone Hotel Investors Inc (NYSE: SHO) from Outperform to Neutral. Sunstone Hotel Investors shares dropped 0.13 percent to close at $14.94 on Tuesday.


Top Initiations

  • Analysts at Bernstein initiated coverage on Baidu Inc (ADR) (NASDAQ: BIDU) with an Underperform rating. The price target for Baidu is set to $150. Baidu shares closed at $180.31 on Tuesday.
  • Analysts at UBS initiated coverage of JPMorgan Chase & Co. (NYSE: JPM) with a Buy rating. The price target for JPMorgan is set to $98. JPMorgan shares closed at $86.43 on Tuesday.
  • Analysts at Canaccord Genuity initiated coverage on Park Hotels & Resorts Inc (NYSE: PK) with a Buy rating. The price target for Park Hotels & Resorts is set to $30. Park Hotels & Resorts shares closed at $29.22 on Tuesday.
  • Analysts at Raymond James initiated coverage on Wildhorse Resource Development Corp (NYSE: WRD) with a Strong Buy rating. The price target for Wildhorse Resource Development is set to $24. Wildhorse Resource Development shares closed at $14.51 on Tuesday.
  • Analysts at UBS initiated coverage on SunTrust Banks, Inc. (NYSE: STI) with a Neutral rating. The price target for SunTrust Banks is set to $58. SunTrust Banks shares closed at $55.70 on Tuesday.
  • Analysts at Bernstein initiated coverage on Alibaba Group Holding Ltd (NYSE: BABA) with an Outperform rating. The price target for Alibaba is set to $117. Alibaba shares closed at $96.75 on Tuesday.
  • Analysts at Bernstein initiated coverage on Ctrip.Com International Ltd (ADR) (NASDAQ: CTRP) with a Market Perform rating. The price target for Ctrip.Com is set to $41. Ctrip.Com shares closed at $43.71 on Tuesday.
  • UBS initiated coverage on BB&T Corporation (NYSE: BBT) with a Neutral rating. The price target for BB&T is set to $49. BB&T shares closed at $46.66 on Tuesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: UpgradesDowngradesInitiationAnalyst RatingsDowngradesInitiationstop upgrades