Benzinga's Top Upgrades, Downgrades For April 5, 2017


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Top Upgrades

  • Argus upgraded Wynn Resorts, Limited (NASDAQ:WYNN) from Hold to Buy. Wynn Resorts shares rose 0.91 percent to $117.80 in pre-market trading.
  • Keefe Bruyette & Woods upgraded Wells Fargo & Co (NYSE:WFC) from Market Perform to Outperform. Wells Fargo shares rose 0.78 percent to $55.63 in pre-market trading.
  • Analysts at CIBC upgraded TELUS Corporation (USA) (NYSE:TU) from Neutral to Outperform. Telus shares rose 0.77 percent to close at $32.64 on Tuesday.
  • Nomura upgraded Patterson-UTI Energy, Inc. (NASDAQ:PTEN) from Neutral to Buy. Patterson-UTI Energy shares rose 0.79 percent to close at $24.35 on Tuesday.
  • Analysts at JP Morgan upgraded McCormick & Company, Incorporated (NYSE:MKC) from Underweight to Neutral. McCormick shares gained 0.28 percent to close at $98.42 on Tuesday.
  • Nomura upgraded Nabors Industries Ltd. (NYSE:NBR) from Neutral to Buy. Nabors Industries shares gained 3.01 percent to $13.68 in pre-market trading.
  • Analysts at Wells Fargo upgraded Autoliv Inc. (NYSE:ALV) to Outperform. Autoliv shares rose 0.74 percent to $98.20 in pre-market trading.
  • Analysts at Keefe Bruyette & Woods upgraded Citigroup Inc (NYSE:C) from Market Perform to Outperform. Citigroup shares gained 1.21 percent to $60.40 in pre-market trading.
  • Analysts at Goldman Sachs upgraded PBF Energy Inc (NYSE:PBF) from Sell to Neutral. PBF Energy shares fell 0.27 percent to close at $21.93 on Tuesday.

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Top Downgrades

  • Analysts at CIBC downgraded Rogers Communications Inc. (USA) (NYSE:RCI) from Outperform to Neutral. Rogers Communication shares rose 0.57 percent to close at $44.38 on Tuesday.
  • Cowen & Co. downgraded Novartis AG (ADR) (NYSE:NVS) from Outperform to Market Perform. Novartis shares fell 1.04 percent to $73.99 in pre-market trading.
  • Analysts at Goldman Sachs downgraded Acuity Brands, Inc. (NYSE:AYI) from Buy to Neutral. Acuity Brands shares fell 14.77 percent to close at $173.93 on Tuesday.
  • KeyBanc downgraded Generac Holdings Inc. (NYSE:GNRC) from Overweight to Sector Weight. Generac shares dropped 0.30 percent to close at $36.92 on Tuesday.
  • Analysts at Jefferies downgraded Amgen, Inc. (NASDAQ:AMGN) from Buy to Hold. Amgen shares rose 0.29 percent to close at $164.36 on Tuesday.
  • Wells Fargo downgraded Exelon Corporation (NYSE:EXC) from Outperform to Market Perform. Exelon shares rose 0.89 percent to close at $36.14 on Tuesday.
  • Goldman Sachs downgraded Imperial Oil Ltd (USA) (NYSE:IMO) from Neutral to Sell. Imperial Oil shares rose 0.16 percent to $30.79 in pre-market trading.


Top Initiations

  • Analysts at Evercore ISI Group initiated coverage on Booz Allen Hamilton Holding Corporation (NYSE:BAH) with an In-Line rating. The price target for Booz Allen is set to $38. Booz Allen shares closed at $34.97 on Tuesday.
  • Analysts at Cowen & Co. initiated coverage on Neos Therapeutics Inc (NASDAQ:NEOS) with an Outperform rating. The price target for Neos Therapeutics is set to $20. Neos Therapeutics shares closed at $7.20 on Tuesday.
  • Analysts at Evercore ISI Group initiated coverage on CSRA Inc (NYSE:CSRA) with an Outperform rating. The price target for CSRA is set to $34. CSRA shares closed at $27.95 on Tuesday.
  • Analysts at B. Riley initiated coverage of Acacia Communications, Inc. (NASDAQ:ACIA) with a Neutral rating. The price target for Acacia Communications is set to $60. Acacia Communications shares closed at $58.74 on Tuesday.
  • Analysts at Deutsche Bank initiated coverage of Humana Inc (NYSE:HUM) with a Hold rating. The price target for Humana is set to $216. Humana shares closed at $211.05 on Tuesday.
  • Analysts at Deutsche Bank initiated coverage on UnitedHealth Group Inc (NYSE:UNH) with a Buy rating. The price target for UnitedHealth is set to $183. UnitedHealth shares closed at $164.97 on Tuesday.
  • JMP Securities initiated coverage on istar Inc (NYSE:STAR) with a Market Perform rating. istar shares closed at $11.55 on Tuesday.
  • Analysts at Wells Fargo initiated coverage on Merit Medical Systems, Inc. (NASDAQ:MMSI) with an Outperform rating. Merit Medical shares closed at $28.20 on Tuesday.
  • Analysts at Deutsche Bank initiated coverage on Centene Corp (NYSE:CNC) with a Buy rating. The price target for Centene is set to $84. Centene shares closed at $69.77 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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