Benzinga's Top Upgrades, Downgrades For March 1, 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 Goldman Sachs upgraded Micron Technology, Inc. (NASDAQ:MU) from Neutral to Buy. Micron shares rose 2.82 percent to $24.10 in pre-market trading.
  • Analysts at Johnson Rice upgraded Halcon Resources Corporation (NYSE:HK) from Hold to Accumulate. Halcon Resources shares fell 2.88 percent to close at $8.10 on Tuesday.
  • Dougherty upgraded Ambarella Inc (NASDAQ:AMBA) from Neutral to Buy. Ambarella shares fell 1.39 percent to $58.13 in pre-market trading.
  • Analysts at Citigroup upgraded Keane Group Inc (NYSE:FRAC) from Neutral to Buy. Keane Group shares fell 3.04 percent to close at $17.52 on Tuesday.
  • Analysts at JP Morgan upgraded Golden Ocean Group Ltd (NASDAQ:GOGL) from Underweight to Neutral. Golden Ocean Group shares fell 0.29 percent to $6.81 in pre-market trading.
  • Analysts at Goldman Sachs upgraded Marvell Technology Group Ltd. (NASDAQ:MRVL) from Sell to Neutral. Marvell Technology shares slipped 2.62 percent to close at $15.60 on Tuesday.
  • Baird upgraded GMS Inc (NYSE:GMS) from Neutral to Outperform. GMS shares rose 2.23 percent to $30.75 in pre-market trading.

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Top Downgrades

  • Bernstein downgraded Intel Corporation (NASDAQ:INTC) from Market Perform to Underperform. Frontier Communications shares dropped 0.83 percent to $35.90 in pre-market trading.
  • Wunderlich downgraded Palo Alto Networks Inc (NYSE:PANW) from Buy to Hold. Palo Alto shares fell 20.14 percent to $121.30 in pre-market trading.
  • Oppenheimer downgraded Cirrus Logic, Inc. (NASDAQ:CRUS) from Outperform to Perform. Cirrus Logic shares fell 0.15 percent to $54.00 in pre-market trading.
  • Keefe Bruyette & Woods downgraded Allstate Corp (NYSE:ALL) from Outperform to Market Perform. Allstate shares rose 1.01 percent to close at $82.16 on Tuesday.
  • Barclays downgraded Waste Management, Inc. (NYSE:WM) from Overweight to Equal-Weight. Waste Management shares rose 0.11 percent to close at $73.32 on Tuesday.
  • Citigroup downgraded Ross Stores, Inc. (NASDAQ:ROST) from Buy to Neutral. Ross Stores shares fell 0.82 percent to close at $68.58 on Tuesday.
  • Analysts at Telsey Advisory Group downgraded Target Corporation (NYSE:TGT) from Outperform to Market Perform. Target shares rose 0.24 percent to $58.91 in pre-market trading.
  • Analysts at Piper Jaffray downgraded Community Health Systems (NYSE:CYH) from Neutral to Underweight. Community Health shares fell 2.56 percent to $9.50 in pre-market trading.
  • KeyBanc downgraded Babcock & Wilcox Enterprises Inc (NYSE:BW) from Overweight to Sector Weight. Babcock & Wilcox shares fell 22.4 percent to $12.80 in pre-market trading.
  • Analysts at Telsey Advisory Group downgraded Signet Jewelers Ltd. (NYSE:SIG) from Outperform to Market Perform. Signet Jewelers shares rose 0.66 percent to $64.01 in pre-market trading.


Top Initiations

  • Analysts at Raymond James initiated coverage on City Office REIT Inc (NYSE:CIO) with a Market Perform rating. City Office REIT shares closed at $13.03 on Tuesday.
  • Analysts at Raymond James initiated coverage on Leap Therapeutics Inc (NASDAQ:LPTX) with an Outperform rating. The price target for Leap Therapeutics is set to $13. Leap Therapeutics shares closed at $7.14 on Tuesday.
  • Analysts at Raymond James initiated coverage on Park Hotels & Resorts Inc (NYSE:PK) with an Outperform rating. The price target for Park Hotels & Resorts is set to $29. Park Hotels & Resorts shares closed at $25.54 on Tuesday.
  • Analysts at Seaport Global Securities initiated coverage on PTC Inc (NASDAQ:PTC) with a Buy rating. PTC shares closed at $53.89 on Tuesday.

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