Benzinga's Top Upgrades, Downgrades For January 13, 2017


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Top Upgrades

  • Wedbush upgraded Tractor Supply Company (NASDAQ: TSCO) from Neutral to Outperform. Tractor Supply shares fell 0.72 percent to close at $75.95 on Thursday.
  • Analysts at Credit Suisse upgraded Fortive Corp (NYSE: FTV) from Neutral to Outperform. Fortive shares rose 0.02 percent to close at $53.67 on Thursday.
  • Natixis upgraded Nokia Corp (ADR) (NYSE: NOK) from Neutral to Buy. Nokia shares rose 1.28 percent to $4.76 in pre-market trading.
  • Raymond James upgraded Facebook Inc (NASDAQ: FB) from Outperform to Strong Buy. Facebook shares rose 0.74 percent to $127.56 in pre-market trading.
  • Analysts at Wells Fargo upgraded Tiffany & Co. (NYSE: TIF) from Underperform to Market Perform. Tiffany shares gained 0.37 percent to $80.85 in pre-market trading.
  • Analysts at Deutsche Bank upgraded Netflix, Inc. (NASDAQ: NFLX) from Sell to Hold. Netflix shares gained 0.78 percent to $130.19 in pre-market trading.
  • Morgan Stanley upgraded GrubHub Inc (NYSE: GRUB) from Equal-Weight to Overweight. GrubHub shares rose 3.56 percent to $38.70 in pre-market trading.
  • JP Morgan upgraded Pentair plc. (NYSE: PNR) from Neutral to Overweight. Pentair shares fell 0.35 percent to close at $57.27 on Thursday.
  • Analysts at Deutsche Bank upgraded Comcast Corporation (NASDAQ: CMCSA) from Hold to Buy. Comcast shares rose 0.81 percent to $72.00 in pre-market trading.


Top Downgrades

  • Morgan Stanley downgraded Zillow Group, Inc. (NASDAQ: ZG) from Overweight to Equal-Weight. Zillow shares gained 1.80 percent to close at $37.29 on Thursday.
  • Canaccord Genuity downgraded Nokia Corp (ADR) (NYSE: NOK) from Buy to Hold. Nokia shares rose 1.49 percent to $4.77 in pre-market trading.
  • Raymond James downgraded Pacific Continental Corporation (NASDAQ: PCBK) from Outperform to Market Perform. Pacific Continental shares fell 2.63 percent to close at $25.90 on Thursday.
  • Credit Suisse downgraded Alamos Gold Inc (US) (NYSE: AGI) from Outperform to Neutral. Alamos Gold shares fell 0.48 percent to $8.37 in pre-market trading.
  • JP Morgan downgraded TriMas Corp (NASDAQ: TRS) from Overweight to Neutral. TriMas shares fell 2.39 percent to close at $22.45 on Thursday.
  • Analysts at Credit Suisse downgraded Yamana Gold Inc. (USA) (NYSE: AUY) from Outperform to Neutral. Yamana Gold shares rose 0.32 percent to $3.14 in pre-market trading.
  • Imperial Capital downgraded Nice Ltd (ADR) (NASDAQ: NICE) from Outperform to In-Line. NICE shares gained 2.47 percent to close at $69.56 on Thursday.
  • Analysts at Credit Suisse downgraded IAMGOLD Corp (USA) (NYSE: IAG) from Neutral to Underperform. Iamgold shares gained 1.79 percent to $4.54 in pre-market trading.
  • Analysts at RBC Capital downgraded Actuant Corporation (NYSE: ATU) from Outperform to Sector Perform. Actuant shares dropped 0.37 percent to close at $26.85 on Thursday.
  • Bank of America downgraded Dollar General Corp. (NYSE: DG) from Buy to Neutral. Dollar General shares dropped 1.14 percent to $72.75 in pre-market trading.


Top Initiations

  • Analysts at UBS initiated coverage of Ciena Corporation (NYSE: CIEN) with a Buy rating. Ciena shares closed at $24.12 on Thursday.
  • Analysts at Wunderlich initiated coverage on Flowers Foods, Inc. (NYSE: FLO) with a Buy rating. The price target for Flowers Foods is set to $24. Flowers Foods shares closed at $19.78 on Thursday.
  • Analysts at Credit Suisse initiated coverage on Nordic American Tanker Ltd (NYSE: NAT) with a Neutral rating. The price target for Nordic American Tanker is set to $9. Nordic American Tanker shares closed at $8.66 on Thursday.
  • Analysts at JMP Securities initiated coverage on Silver Spring Networks Inc (NYSE: SSNI) with a Market Outperform rating. The price target for Silver Spring Networks is set to $19. Silver Spring Networks shares closed at $12.65 on Thursday.
  • Analysts at Ladenburg Thalmann initiated coverage on Innovative Industrial Properties Inc (NYSE: IIPR) with a Buy rating. The price target for Innovative Industrial Properties is set to $24. Innovative Industrial Properties shares closed at $18.15 on Thursday.
  • Analysts at Jefferies initiated coverage on Mobileye NV (NYSE: MBLY) with a Buy rating. The price target for Mobileye is set to $52. Mobileye shares closed at $40.84 on Thursday.
  • Analysts at Chardan Capital initiated coverage on Stratus Properties Inc (NASDAQ: STRS) with a Neutral rating. Stratus Properties shares closed at $32.85 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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