Benzinga's Top Upgrades, Downgrades For May 31, 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

  • Maxim Group upgraded Potbelly Corp (NASDAQ:PBPB) from Hold to Buy. Potbelly shares rose 0.46 percent to close at $10.85 on Tuesday.
  • Analysts at SunTrust Robinson Humphrey upgraded INC Research Holdings Inc (NASDAQ:INCR) from Hold to Buy. INC Research shares slipped 0.79 percent to close at $56.30 on Tuesday.
  • Analysts at Baird upgraded VMware, Inc. (NYSE:VMW) from Neutral to Outperform. VMware shares gained 0.84 percent to $97.55 in pre-market trading.
  • FBR Capital upgraded Francesca's Holdings Corp (NASDAQ:FRAN) from Underperform to Market Perform. Francescas shares declined 1.50 percent to close at $12.47 on Tuesday.
  • Analysts at Jefferies upgraded Donaldson Company, Inc. (NYSE:DCI) from Hold to Buy. Donaldson shares rose 0.32 percent to close at $46.83 on Tuesday.
  • Chardan Capital upgraded Akari Therapeutics PLC (ADR) (NASDAQ:AKTX) from Sell to Neutral. Akari Therapeutics shares dropped 14.94 percent to $5.01 in pre-market trading.
  • Analysts at Raymond James upgraded Atwood Oceanics, Inc. (NYSE:ATW) from Underperform to Market Perform. Atwood Oceanics shares fell 1.49 percent to $9.89 in pre-market trading.

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Top Downgrades

  • Canaccord Genuity downgraded iRobot Corporation (NASDAQ:IRBT) from Buy to Hold. iRobot shares fell 1.57 percent to $98.25 in pre-market trading.
  • Jefferies downgraded Koppers Holdings Inc. (NYSE:KOP) from Buy to Hold. Koppers shares rose 0.13 percent to close at $37.45 on Friday.
  • First Analysis downgraded Xactly Corp (NYSE:XTLY) from Overweight to Equal-Weight. Xactly shares climbed 16.04 percent to close at $15.55 on Tuesday.
  • Morgan Stanley downgraded Zebra Technologies Corp. (NASDAQ:ZBRA) from Overweight to Equal-Weight. Zebra Technologies shares rose 0.76 percent to close at $106.73 on Tuesday.
  • Stifel Nicolaus downgraded Molina Healthcare, Inc. (NYSE:MOH) from Hold to Sell. Molina Healthcare shares fell 0.85 percent to close at $66.30 on Tuesday.
  • Deutsche Bank downgraded Xactly Corp (NYSE:XTLY) from Buy to Hold. Xactly shares climbed 16.04 percent to close at $15.55 on Tuesday.
  • Keefe, Bruyette & Woods downgraded Lloyds Banking Group PLC (ADR) (NYSE:LYG) from Market Perform to Underperform. Lloyds Banking shares slipped 0.27 percent to close at $3.75 on Tuesday.


Top Initiations

  • Analysts at Janney Capital initiated coverage of Antero Midstream GP LP (NYSE:AMGP) with a Buy rating. The price target for Antero Midstream is set to $27. Antero Midstream shares closed at $22.11 on Tuesday.
  • Evercore ISI Group initiated coverage of Park Hotels & Resorts Inc (NYSE:PK) with an Outperform rating. The price target for Park Hotels & Resorts is set to $28. Park Hotels & Resorts shares closed at $25.50 on Tuesday.
  • Analysts at Jefferies initiated coverage on Codexis, Inc. (NASDAQ:CDXS) with a Buy rating. The price target for Codexis is set to $8. Codexis shares closed at $4.30 on Tuesday.
  • Ladenburg Thalmann initiated coverage on CUI Global Inc (NASDAQ:CUI) with a Buy rating. The price target for CUI Global is set to $8. CUI Global shares closed at $3.55 on Tuesday.
  • Analysts at Raymond James initiated coverage on Gogo Inc (NASDAQ:GOGO) with an Outperform rating. The price target for Gogo is set to $15. Gogo shares closed at $12.65 on Tuesday.
  • Analysts at Keefe Bruyette & Woods initiated coverage on Cadence Bancorp (NYSE:CADE) with a Market Perform rating. The price target for Cadence Bancorp is set to $25. Cadence Bancorp shares closed at $22.32 on Tuesday.
  • Citigroup initiated coverage on Antero Midstream GP LP (NYSE:AMGP) with a Neutral rating. The price target for Antero Midstream is set to $24. Antero Midstream shares closed at $22.11 on Tuesday.
  • Wedbush assumed coverage on Beacon Roofing Supply, Inc. (NASDAQ:BECN) with a Neutral rating. The price target for Beacon Roofing Supply is set to $47. Beacon Roofing Supply shares closed at $47.74 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 RatingsDiversified BanksDowngradesFinancialsInitiationstop upgrades