Benzinga's Top Upgrades, Downgrades For March 29, 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

  • Canaccord Genuity upgraded Eldorado Gold Corp (USA) (NYSE:EGO) from Hold to Buy. Eldorado Gold shares rose 2.85 percent to $3.25 in pre-market trading.
  • Goldman Sachs upgraded NRG Energy Inc (NYSE:NRG) from Neutral to Buy. NRG Energy shares rose 1.38 percent to $18.36 in pre-market trading.
  • Analysts at Deutsche Bank upgraded Morgan Stanley (NYSE:MS) from Hold to Buy. Morgan Stanley shares gained 1 percent to $42.91 in pre-market trading.
  • SunTrust Robinson Humphrey upgraded Fortive Corp (NYSE:FTV) from Hold to Buy. Fortive shares gained 0.86 percent to close at $59.59 on Tuesday.
  • Analysts at BMO Capital upgraded Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) from Market Perform to Outperform. Vertex Pharmaceuticals shares rose 18.79 percent to $106.52 in pre-market trading.
  • Baird upgraded Fortinet Inc (NASDAQ:FTNT) from Neutral to Outperform. Fortinet shares rose 1.97 percent to $37.28 in pre-market trading.
  • Analysts at Piper Jaffray upgraded Key Energy Services, Inc. (NYSE:KEG) from Neutral to Overweight. Key Energy shares gained 0.67 percent to close at $22.62 on Tuesday.
  • Analysts at Compass Point upgraded Zions Bancorp (NASDAQ:ZION) from Neutral to Buy. Zions Bancorp shares gained 0.48 percent to $41.50 in pre-market trading.
  • Analysts at Nomura upgraded Capital One Financial Corp. (NYSE:COF) from Neutral to Buy. Capital One shares rose 2.48 percent to close at $84.17 on Tuesday.
  • Compass Point upgraded Fifth Third Bancorp (NASDAQ:FITB) from Neutral to Buy. Fifth Third Bancorp shares rose 0.63 percent to $25.40 in pre-market trading.

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Top Downgrades

  • BTIG Research downgraded Darden Restaurants, Inc. (NYSE:DRI) from Buy to Neutral. Darden shares fell 0.39 percent to $82.30 in pre-market trading.
  • Goldman Sachs downgraded Dunkin Brands Group Inc (NASDAQ:DNKN) from Neutral to Sell. Dunkin Brands shares fell 3.48 percent to $54.16 in pre-market trading.
  • Analysts at Gabelli & Co. downgraded Cempra Inc (NASDAQ:CEMP) from Hold to Sell. Cempra shares fell 2.5 percent to $4.10 in pre-market trading.
  • Analysts at Macquarie downgraded USG Corporation (NYSE:USG) from Outperform to Neutral. USG shares fell 1.01 percent to $33.41 in pre-market trading.
  • Susquehanna downgraded Skechers USA Inc (NYSE:SKX) from Positive to Negative. Skechers shares fell 5.51 percent to $28.31 in pre-market trading.
  • Analysts at Deutsche Bank downgraded F5 Networks, Inc. (NASDAQ:FFIV) from Hold to Sell. F5 Networks shares declined 3.5 percent to $141.98 in pre-market trading.
  • Rodman & Renshaw downgraded Exeter Resource Corp (NYSE:XRA) from Buy to Hold. Exeter Resource shares slipped 2.23 percent to $1.75 in pre-market trading.


Top Initiations

  • Analysts at KeyBanc initiated coverage on Medpace Holdings Inc (NASDAQ:MEDP) with an Overweight rating. The price target for Medpace is set to $34. Medpace shares closed at $27.23 on Tuesday.
  • Analysts at B. Riley initiated coverage on S&W Seed Company (NASDAQ:SANW) with a Buy rating. The price target for S&W Seed is set to $9. S&W Seed shares closed at $4.50 on Tuesday.
  • Analysts at Wells Fargo initiated coverage on Synchrony Financial (NYSE:SYF) with an Outperform rating. Synchrony Financial shares closed at $33.66 on Tuesday.
  • Analysts at Cowen & Co. initiated coverage of Arconic Inc (NYSE:ARNC) with a Market Perform rating. The price target for Arconic is set to $25. Arconic shares closed at $27.04 on Tuesday.
  • Analysts at Barclays initiated coverage on Facebook Inc (NASDAQ:FB) with an Overweight rating. The price target for Facebook is set to $154. Facebook shares closed at $141.76 on Tuesday.
  • Analysts at Berenberg initiated coverage on Boeing Co (NYSE:BA) with a Buy rating. The price target for Boeing is set to $202. Boeing shares closed at $177.36 on Tuesday.
  • Analysts at Berenberg initiated coverage on Cognizant Technology Solutions Corp (NASDAQ:CTSH) with a Hold rating. Cognizant Technology shares closed at $59.04 on Tuesday.
  • Analysts at Rafferty initiated coverage of Discover Financial Services (NYSE:DFS) with a Hold rating. The price target for Discover Financial is set to $70. Discover Financial shares closed at $67.89 on Tuesday.
  • Barclays initiated coverage on Amazon.com, Inc. (NASDAQ:AMZN) with an Overweight rating. The price target for Amazon.com is set to $1,120. Amazon.com shares closed at $856.00 on Tuesday.
  • Barclays initiated coverage on Alphabet Inc (NASDAQ:GOOGL) with an Overweight rating. The price target for Alphabet is set to $1,065. Alphabet shares closed at $840.63 on Tuesday.

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.


Posted In: UpgradesDowngradesInitiationAnalyst RatingsDowngradesInitiationstop upgrades