Benzinga's Top Upgrades, Downgrades For March 16, 2017


27% profit every 20 days?

This is what Nic Chahine averages with his option 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

  • Oppenheimer upgraded NCR Corporation (NYSE:NCR) from Perform to Outperform. NCR shares rose 0.63 percent to close at $42.86 on Wednesday.
  • Pacific Crest upgraded Lam Research Corporation (NASDAQ:LRCX) from Sector Weight to Overweight. Lam Research shares gained 1.49 percent to close at $124.17 on Wednesday.
  • Northland Securities upgraded Synaptics, Incorporated (NASDAQ:SYNA) from Market Perform to Outperform. Synaptics shares rose 0.24 percent to close at $49.55 on Wednesday.
  • Analysts at Telsey Advisory Group upgraded Oxford Industries Inc (NYSE:OXM) from Market Perform to Outperform. Oxford Industries shares closed at $53.71 on Wednesday.
  • Raymond James upgraded Hancock Holding Company (NASDAQ:HBHC) from Outperform to Strong Buy. Hancock Holding shares closed at $46.20 on Wednesday.
  • Analysts at JMP Securities upgraded Oracle Corporation (NYSE:ORCL) from Market Underperform to Market Perform. Oracle shares gained 6.97 percent to $46.05 in pre-market trading.
  • Analysts at Citigroup upgraded GoPro Inc (NASDAQ:GPRO) from Sell to Neutral. GoPro shares rose 10.9 percent to $8.15 in pre-market trading.
  • Analysts at Wells Fargo upgraded Entergy Corporation (NYSE:ETR) from Market Perform to Outperform. Entergy shares closed at $75.18 on Wednesday.
  • Analysts at Evercore ISI Group upgraded Delta Air Lines, Inc. (NYSE:DAL) from In-Line to Outperform. Delta Air shares closed at $47.19 on Wednesday.
  • Guggenheim upgraded Oasis Petroleum Inc. (NYSE:OAS) from Neutral to Buy. Oasis Petroleum shares rose 2 percent to $13.55 in pre-market trading.


Top Downgrades

  • Morgan Stanley downgraded Biogen Inc (NASDAQ:BIIB) from Overweight to Equal-Weight. Biogen shares slipped 2.4 percent to $285.50 in pre-market trading.
  • Piper Jaffray downgraded Inovio Pharmaceuticals Inc (NASDAQ:INO) from Overweight to Neutral. Inovio Pharmaceuticals shares dropped 5.4 percent to $6.50 in pre-market trading.
  • Analysts at RBC Capital downgraded Newmont Mining Corp (NYSE:NEM) from Outperform to Sector Perform. Newmont Mining shares rose 0.85 percent to $34.39 in pre-market trading.
  • Analysts at Evercore ISI Group downgraded United Continental Holdings Inc (NYSE:UAL) from Outperform to In-Line. United Continental shares fell 0.72 percent to $67.68 in pre-market trading.
  • Analysts at Jefferies downgraded The Rubicon Project Inc (NYSE:RUBI) from Buy to Hold. Rubicon Project shares rose 2.31 percent to $6.20 in pre-market trading.
  • Goldman Sachs downgraded Ciena Corporation (NYSE:CIEN) from Buy to Neutral. Ciena shares fell 1.22 percent to $23.45 in pre-market trading.
  • William Blair downgraded Williams-Sonoma, Inc. (NYSE:WSM) from Outperform to Market Perform. Williams-Sonoma shares rose 2.66 percent to $49.40 in pre-market trading.
  • Piper Jaffray downgraded Masimo Corporation (NASDAQ:MASI) from Overweight to Neutral. Masimo shares dropped 1.28 percent to $95.24 in pre-market trading.
  • Wunderlich downgraded Sirius XM Holdings Inc. (NASDAQ:SIRI) from Buy to Hold. Sirius XM shares fell 1.7 percent to $5.21 in pre-market trading.
  • Raymond James downgraded Texas Capital Bancshares Inc (NASDAQ:TCBI) from Strong Buy to Outperform. Texas Capital Bancshares shares closed at $85.70 on Wednesday.


Top Initiations

  • Analysts at SunTrust Robinson Humphrey initiated coverage on Tivity Health Inc (NASDAQ:TVTY) with a Buy rating. The price target for Tivity Health is set to $35. Tivity Health shares closed at $27.85 on Wednesday.
  • Analysts at Cantor Fitzgerald initiated coverage on Global Blood Therapeutics Inc (NASDAQ:GBT) with an Overweight rating. The price target for Global Blood Therapeutics is set to $61. Global Blood Therapeutics shares closed at $37.95 on Wednesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Blackhawk Network Holdings Inc (NASDAQ:HAWK) with a Buy rating. Blackhawk Network shares closed at $35.50 on Wednesday.
  • Analysts at Stifel Nicolaus initiated coverage on Jagged Peak Energy Inc (NYSE:JAG) with a Buy rating. The price target for Jagged Peak Energy is set to $15. Jagged Peak Energy shares closed at $12.49 on Wednesday.
  • Analysts at Credit Suisse initiated coverage on United Therapeutics Corporation (NASDAQ:UTHR) with an Underperform rating United Therapeutics shares closed at $146.03 on Tuesday.
  • Analysts at Moffett Nathanson initiated coverage of Snap Inc (NYSE:SNAP) with a Sell rating. The price target for Snap is set to $15.Snap shares closed at $20.77 on Tuesday.
  • Analysts at Oppenheimer initiated coverage on Exelixis, Inc. (NASDAQ:EXEL) with a Perform rating. Exelixis shares closed at $22.80 on Tuesday.
  • Analysts at Craig-Hallum initiated coverage of Zoetis Inc (NYSE:ZTS) with a Buy rating. The price target for Zoetis is set to $65. Zoetis shares closed at $54.28 on Wednesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option 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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