Benzinga's Top Upgrades, Downgrades For March 8, 2017


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Top Upgrades

  • Bank of America upgraded UDR, Inc. (NYSE:UDR) from Underperform to Neutral. UDR shares gained 0.25 percent to close at $36.23 on Tuesday.
  • Analysts at Deutsche Bank upgraded Impax Laboratories Inc (NASDAQ:IPXL) from Hold to Buy. Impax Laboratories shares rose 3.3 percent to $9.40 in pre-market trading.
  • Analysts at Mizuho upgraded Skyworks Solutions Inc (NASDAQ:SWKS) from Neutral to Buy. Skyworks shares rose 1 percent to $96.00 in pre-market trading.
  • Analysts at Clarksons Platou upgraded Weatherford International Plc (NYSE:WFT) from Sell to Neutral. Weatherford shares fell 1.21 percent to $6.55 in pre-market trading.
  • Wells Fargo upgraded Crown Castle International Corp. (REIT) (NYSE:CCI) from Market Perform to Outperform. Crown Castle shares rose 0.93 percent to $92.35 in pre-market trading.
  • Analysts at Stifel Nicolaus upgraded Navistar International Corp (NYSE:NAV) from Sell to Hold. Navistar shares slipped 4.90 percent to close at $24.85 on Tuesday.
  • RBC Capital upgraded Omnicom Group Inc. (NYSE:OMC) from Sector Perform to Outperform. Omnicom shares gained 0.15 percent to close at $84.09 on Tuesday.
  • Analysts at Bank of America upgraded Michaels Companies Inc (NASDAQ:MIK) from Neutral to Buy. Michaels shares rose 2.62 percent to $21.55 in pre-market trading.

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Top Downgrades

  • Wells Fargo downgraded Nimble Storage Inc (NYSE:NMBL) from Outperform to Market Perform. Nimble Storage shares slipped 0.72 percent to $12.49 in pre-market trading.
  • Analysts at William Blair downgraded Urban Outfitters, Inc. (NASDAQ:URBN) from Outperform to Market Perform. Urban Outfitters shares fell 6.45 percent to $23.77 in pre-market trading.
  • Piper Jaffray downgraded Astoria Financial Corp (NYSE:AF) from Overweight to Neutral. Astoria Financial shares climbed 11.74 percent to close at $20.65 on Tuesday.
  • Goldman Sachs downgraded BT Group plc (ADR) (NYSE:BT) from Buy to Neutral. BT Group shares fell 1.43 percent to $19.95 in pre-market trading.
  • RBC Capital downgraded Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) from Sector Perform to Underperform. Randgold shares fell 2.25 percent to $85.30 in pre-market trading.
  • Analysts at JMP Securities downgraded Fortress Investment Group LLC (NYSE:FIG) from Market Outperform to Market Perform. Fortress Investment shares closed at $7.99 on Tuesday.
  • Analysts at Piper Jaffray downgraded Nationstar Mortgage Holdings Inc (NYSE:NSM) from Neutral to Underweight. Nationstar Mortgage shares fell 1.98 percent to $17.59 in pre-market trading.
  • Credit Suisse downgraded Grupo Televisa SAB (ADR) (NYSE:TV) from Outperform to Neutral. Grupo Televisa shares fell 0.92 percent to close at $25.72 on Tuesday.


Top Initiations

  • Analysts at Rodman & Renshaw initiated coverage on Cytokinetics, Inc. (NASDAQ:CYTK) with a Buy rating. The price target for Cytokinetics is set to $25. Cytokinetics shares closed at $11.50 on Tuesday.
  • Analysts at Wells Fargo initiated coverage on Skyworks Solutions Inc (NASDAQ:SWKS) with an Outperform rating. Skyworks Solutions shares closed at $95.05 on Tuesday.
  • Analysts at JP Morgan initiated coverage on Laureate Education Inc (NASDAQ:LAUR) with an Overweight rating. The price target for Laureate Education is set to $15.50. Laureate Education shares closed at $12.80 on Tuesday.
  • Analysts at B. Riley initiated coverage on Auxilio, Inc. (NYSE:AUXO) with a Buy rating. The price target for Auxilio is set to $7.75. Auxilio shares closed at $3.74 on Tuesday.
  • Analysts at Wells Fargo initiated coverage on Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) with an Outperform rating. Bellicum Pharmaceuticals shares closed at $11.89 on Tuesday.
  • Analysts at Goldman Sachs initiated coverage of Xylem Inc (NYSE:XYL) with a Neutral rating.The price target for Xylem is set to $52. Xylem shares closed at $48.78 on Tuesday.
  • Analysts at Goldman Sachs initiated coverage of Watts Water Technologies Inc (NYSE:WTS) with a Neutral rating. The price target for Watts Water Technologies is set to $66. Watts Water Technologies shares closed at $62.65 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.


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