Benzinga's Top Upgrades, Downgrades For February 17, 2017


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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 BMO Capital upgraded MDC Partners Inc (NASDAQ:MDCA) from Market Perform to Outperform. MDC Partners shares rose 1.69 percent to $9.00 in pre-market trading.
  • Analysts at Goldman Sachs upgraded Owens Corning (NYSE:OC) from Neutral to Buy. Owens-Corning shares fell 0.47 percent to close at $57.22 on Thursday.
  • Analysts at Atlantic Equities upgraded Macy's Inc (NYSE:M) from Neutral to Overweight. Macy's shares fell 0.31 percent to $31.72 in pre-market trading.
  • Piper Jaffray upgraded Workday Inc (NYSE:WDAY) from Neutral to Overweight. Workday shares fell 1.79 percent to close at $85.50 on Thursday.
  • Analysts at Jefferies upgraded Arista Networks Inc (NYSE:ANET) from Underperform to Hold. Arista shares fell 0.50 percent to close at $100.17 on Thursday.
  • Evercore ISI Group upgraded Copa Holdings, S.A. (NYSE:CPA) from Sell to Hold. Copa shares rose 6.18 percent to close at $104.93 on Thursday.
  • Analysts at Goldman Sachs upgraded Capital One Financial Corp. (NYSE:COF) from Neutral to Buy. Capital One shares fell 0.46 percent to close at $90.51 on Thursday.
  • Baird upgraded Pool Corporation (NASDAQ:POOL) from Market Perform to Outperform. Pool shares gained 1.86 percent to close at $114.39 on Thursday.
  • KLR Group upgraded Cimarex Energy Co (NYSE:XEC) from Hold to Buy. Cimarex Energy shares dropped 0.97 percent to close at $133.06 on Thursday.

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Top Downgrades

  • Stifel Nicolaus downgraded CIRCOR International, Inc. (NYSE:CIR) from Buy to Hold. Circor shares rose 13.27 percent to close at $71.80 on Thursday.
  • Argus Research downgraded Hain Celestial Group Inc (NASDAQ:HAIN) from Buy to Hold. Hain Celestial shares fell 1.48 percent to $33.95 in pre-market trading.
  • JP Morgan downgraded TTM Technologies, Inc. (NASDAQ:TTMI) from Overweight to Neutral. TTM Technologies shares dropped 0.11 percent to close at $17.46 on Thursday.
  • KeyBanc downgraded CIRCOR International, Inc. (NYSE:CIR) from Overweight to Sector Weight. Circor shares climbed 13.27 percent to close at $71.80 on Thursday.
  • Piper Jaffray downgraded Build-A-Bear Workshop, Inc (NYSE:BBW) from Overweight to Neutral. Build-A-Bear shares fell 8.6 percent to $8.55 in pre-market trading.
  • Credit Suisse downgraded Hertz Global Holdings, Inc (NYSE:HTZ) from Neutral to Underperform. Hertz Global shares fell 3.7 percent to $20.86 in pre-market trading.
  • Analysts at Goldman Sachs downgraded Illinois Tool Works Inc. (NYSE:ITW) from Neutral to Sell. Illinois Tool Works shares fell 2.5 percent to $127.00 in pre-market trading.
  • Analysts at Credit Suisse downgraded Avis Budget Group Inc. (NASDAQ:CAR) from Outperform to Neutral. Avis Budget shares fell 1.4 percent to $35.26 in pre-market trading.
  • RBC Capital downgraded Genesis Energy, L.P. (NYSE:GEL) from Outperform to Sector Perform. Genesis Energy shares dropped 0.9 percent to $35.40 in pre-market trading.


Top Initiations

  • Analysts at Citigroup initiated coverage on Open Text Corp (USA) (NASDAQ:OTEX) with a Neutral rating. The price target for Open Text is set to $36. Open Text shares closed at $33.96 on Thursday.
  • Analysts at Raymond James initiated coverage on Nextera Energy Partners LP (NYSE:NEP) with an Outperform rating. The price target for Nextera Energy Partners is set to $35. Nextera Energy Partners shares closed at $30.90 on Thursday.
  • Analysts at Jefferies initiated coverage on Arch Coal, Inc. Class A (NYSE:ARCH) with a Buy rating. The price target for Arch Coal is set to $90. Arch Coal shares closed at $72.11 on Thursday.
  • Analysts at Baird initiated coverage on Celanese Corporation (NYSE:CE) with an Outperform rating. The price target for Celanese is set to $105. Celanese shares closed at $89.03 on Thursday.
  • Analysts at Citigroup initiated coverage on Square Inc (NYSE:SQ) with a Buy rating. The price target for Square is set to $20. Square shares closed at $13.89 on Thursday.
  • Analysts at Janney Capital initiated coverage of Middlesex Water Company (NASDAQ:MSEX) with a Neutral rating. The price target for Middlesex Water is set to $39. Middlesex Water shares closed at $36.20 on Thursday.
  • Keefe Bruyette & Woods initiated coverage on Lazard Ltd (NYSE:LAZ) with an Outperform rating. Lazard shares closed at $43.59 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: UpgradesDowngradesInitiationAnalyst RatingsDowngradesInitiationstop upgrades