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


27% profits every 20 days?

This is what Nic Chahine averages with his options 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

  • Wunderlich upgraded Adobe Systems Incorporated (NASDAQ:ADBE) from Hold to Buy. Adobe shares rose 5.23 percent to $128.75 in pre-market trading.
  • Credit Suisse upgraded B&G Foods, Inc. (NYSE:BGS) from Neutral to Outperform. B&G Foods shares gained 1.27 percent to $39.90 in pre-market trading.
  • BTIG Research upgraded Texas Roadhouse Inc (NASDAQ:TXRH) from Neutral to Buy. Texas Roadhouse shares rose 0.52 percent to close at $42.78 on Wednesday.
  • Analysts at Pacific Crest upgraded Five9 Inc (NASDAQ:FIVN) from Sector Weight to Overweight. Five9 shares gained 2.79 percent to $17.30 in pre-market trading.
  • JMP Securities upgraded Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) from Market Perform to Market Outperform. Vertex Pharma shares rose 0.74 percent to $93.04 in pre-market trading.
  • Analysts at Barclays upgraded Aqua America Inc (NYSE:WTR) from Equal-Weight to Overweight. Aqua America shares gained 1.12 percent to $31.54 in pre-market trading.
  • Analysts at Morgan Stanley upgraded Dean Foods Co (NYSE:DF) from Neutral to Overweight. Dean Foods shares rose 2.35 percent to $19.19 in pre-market trading.
  • Analysts at JP Morgan upgraded Prudential Public Limited Company (ADR) (NYSE:PUK) from Underweight to Neutral. Prudential shares gained 1.07 percent to $43.95 in pre-market trading.
  • Analysts at Morgan Stanley upgraded Barclays PLC (ADR) (NYSE:BCS) from Equal-Weight to Overweight. Barclays shares rose 0.97 percent to $11.47 in pre-market trading.
  • Imperial Capital upgraded AlarmCom Hldg Inc (NASDAQ:ALRM) from In-Line to Outperform. Alarm.com shares rose 2.68 percent to close at $31.45 on Thursday.


Top Downgrades

  • Morgan Stanley downgraded Blue Buffalo Pet Products Inc (NASDAQ:BUFF) from Overweight to Equal-Weight. Blue Buffalo Pet Products shares slipped 1.2 percent to $23.87 in pre-market trading.
  • Goldman Sachs downgraded Macerich Co (NYSE:MAC) from Neutral to Sell. Macerich shares dropped 0.42 percent to close at $64.62 on Thursday.
  • Analysts at Citigroup downgraded SeaWorld Entertainment Inc (NYSE:SEAS) from Neutral to Sell. SeaWorld shares fell 2.54 percent to $18.40 in pre-market trading.
  • Analysts at KeyBanc downgraded Patheon NV (NYSE:PTHN) from Overweight to Sector Weight. Patheon shares dropped 11.69 percent to close at $27.72 on Thursday.
  • Analysts at Stifel Nicolaus downgraded Innocoll Holdings PLC (NASDAQ:INNL) from Buy to Hold. Innocoll Holdings shares fell 5.19 percent to $1.78 in pre-market trading.
  • B. Riley downgraded AXT Inc (NASDAQ:AXTI) from Buy to Neutral. AXT shares fell 1.52 percent to $6.50 in pre-market trading.
  • H.C. Wainwright downgraded Proteon Therapeutics Inc (NASDAQ:PRTO) from Buy to Neutral. Proteon Therapeutics shares fell 8 percent to $1.61 in pre-market trading.
  • Morgan Stanley downgraded T. Rowe Price Group Inc (NASDAQ:TROW) from Equal-Weight to Underweight. T. Rowe Price shares rose 0.26 percent to close at $71.94 on Thursday.
  • Argus Research downgraded Chicago Bridge & Iron Company N.V. (NYSE:CBI) from Buy to Hold. Chicago Bridge shares fell 0.23 percent to close at $30.40 on Thursday.
  • Canaccord Genuity downgraded Exa Corp (NASDAQ:EXA) from Buy to Hold. Exa shares gained 4.11 percent to close at $15.69 on Thursday.


Top Initiations

  • Analysts at Raymond James initiated coverage on Cantel Medical Corp. (NYSE:CMD) with a Market Perform rating. Cantel Medical shares closed at $78.36 on Thursday.
  • Analysts at Wells Fargo initiated coverage on Adaptimmune Therapeutics PLC - ADR (NASDAQ:ADAP) with a Market Perform rating. Adaptimmune Therapeutics shares closed at $4.75 on Thursday.
  • Analysts at Vertical Research initiated coverage on Booz Allen Hamilton Holding Corporation (NYSE:BAH) with a Buy rating. Booz Allen shares closed at $37.24 on Thursday.
  • Analysts at Aegis Capital initiated coverage on Entegris Inc (NASDAQ:ENTG) with a Buy rating. The price target for Entegris is set to $29. Entegris shares closed at $22.42 on Thursday.
  • Analysts at Bernstein initiated coverage of Netflix, Inc. (NASDAQ:NFLX) with an Outperform rating. The price target for Netflix is set to $178. Netflix shares closed at $144.39 on Thursday.
  • Analysts at Mizuho initiated coverage on Snap Inc (NYSE:SNAP) with a Neutral rating. The price target for Snap is set to $20. Snap shares closed at $19.89 on Thursday.
  • Analysts at Wells Fargo initiated coverage of Lion Biotechnologies Inc (NASDAQ:LBIO) with an Outperform rating. Lion Biotechnologies shares closed at $7.45 on Thursday.
  • Analysts at Vertical Research initiated coverage on Science Applications International Corp (NYSE:SAIC) with a Hold rating. Science Applications shares closed at $86.91 on Thursday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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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