Benzinga's Top Upgrades, Downgrades For June 19, 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

  • Chardan Capital upgraded Clovis Oncology Inc (NASDAQ:CLVS) from Sell to Neutral. Clovis Oncology shares rose 47.6 percent to $88.50 in pre-market trading.
  • Analysts at Piper Jaffray upgraded ENSCO PLC (NYSE:ESV) from Neutral to Overweight. Ensco shares fell 0.53 percent to $5.68 in pre-market trading.
  • Bank of America upgraded AGCO Corporation (NYSE:AGCO) from Neutral to Buy. AGCO shares gained 0.98 percent to $68.00 in pre-market trading.
  • Analysts at Evercore ISI Group upgraded American Campus Communities, Inc. (NYSE:ACC) from Underperform to In-Line. American Campus shares rose 0.33 percent to close at $48.32 on Friday.
  • Longbow Research upgraded AK Steel Holding Corporation (NYSE:AKS) from Neutral to Buy. AK Steel shares climbed 2.67 percent to $6.15 in pre-market trading.
  • Analysts at BMO Capital upgraded Whole Foods Market, Inc. (NASDAQ:WFM) from Underperform to Market Perform. Whole Foods shares rose 0.16 percent to $42.75 in pre-market trading.
  • Credit Suisse upgraded Athene Holding Ltd (NYSE:ATH) from Neutral to Outperform. Athene shares dropped 1.23 percent to close at $48.87 on Friday.
  • Analysts at Deutsche Bank upgraded Thomson Reuters Corp (NYSE:TRI) from Hold to Buy. Thomson Reuters shares slipped 0.01 percent to close at $45.78 on Friday.
  • UBS upgraded Biogen Inc (NASDAQ:BIIB) from Sell to Neutral. Biogen shares rose 0.89 percent to $253.99 in pre-market trading.
  • Longbow Research upgraded United States Steel Corporation (NYSE:X) from Neutral to Buy. United States Steel shares rose 1.93 percent to $20.55 in pre-market trading.


Top Downgrades

  • Piper Jaffray downgraded Atwood Oceanics, Inc. (NYSE:ATW) from Overweight to Neutral. Atwood Oceanics shares fell 0.22 percent to $8.99 in pre-market trading.
  • Credit Suisse downgraded Tripadvisor Inc (NASDAQ:TRIP) from Neutral to Underperform. TripAdvisor shares fell 2.61 percent to $36.92 in pre-market trading.
  • Deutsche Bank downgraded Costco Wholesale Corporation (NASDAQ:COST) from Buy to Hold. Costco shares rose 0.17 percent to $167.39 in pre-market trading.
  • Credit Suisse downgraded InterContinental Hotels Group PLC (ADR) (NYSE:IHG) from Outperform to Neutral. Booz Allen shares fell 1.39 percent to $55.90 in pre-market trading.
  • Leerink Swann downgraded Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) from Outperform to Market Perform. Allscripts Healthcare shares closed at $12.47 on Friday.
  • Morgan Stanley downgraded Kroger Co (NYSE:KR) from Overweight to Equal-Weight. Kroger shares rose 2.33 percent to $22.81 in pre-market trading.
  • Analysts at Bank of America downgraded Travelers Companies Inc (NYSE:TRV) from Buy to Neutral. Travelers shares rose 0.33 percent to close at $129.44 on Friday.
  • Maxim Group downgraded Wayfair Inc (NYSE:W) from Buy to Hold. Wayfair shares fell 0.87 percent to $75.51 in pre-market trading.


Top Initiations

  • Raymond James initiated coverage on WideOpenWest Inc (NYSE:WOW) with a Strong Buy rating. The price target for WideOpenWest is set to $21. WideOpenWest shares closed at $17.59 on Friday.
  • Citigroup initiated coverage of Donnelley Financial Solutions Inc (NYSE:DFIN) with a Neutral rating. The price target for Donnelley Financial is set to $25. Donnelley Financial shares closed at $23.13 on Friday.
  • Analysts at Jefferies initiated coverage on Smart Global Holdings Inc (NYSE:SGH) with a Buy rating. The price target for Smart Global is set to $21. Smart Global shares closed at $15.30 on Friday.
  • JMP Securities initiated coverage on Johnson Controls International plc (NYSE:JCI) with a Market Outperform rating. Johnson Controls shares closed at $41.86 on Friday.
  • Cowen & Co. initiated coverage on Appian Corp (NASDAQ:APPN) with an Outperform rating. The price target for Appian is set to $21. Appian shares closed at $18.22 on Friday.
  • UBS initiated coverage on WideOpenWest Inc (NYSE:WOW) with a Buy rating. The price target for WideOpenWest is set to $21. WideOpenWest shares closed at $17.59 on Friday.
  • Analysts at BMO Capital initiated coverage of Ardagh Group SA (NYSE:ARD) with a Market Perform rating. The price target for Ardagh is set to $26. Ardagh shares closed at $22.24 on Friday.
  • Analysts at Barclays initiated coverage on Smart Global Holdings Inc (NYSE:SGH) with an Overweight rating. The price target for Smart Global is set to $19. Smart Global shares closed at $15.30 on Friday.
  • Analysts at Canaccord Genuity initiated coverage on Appian Corp (NASDAQ:APPN) with a Hold rating. The price target for Appian is set to $18. Appian shares closed at $18.22 on Friday.

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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Posted In: UpgradesDowngradesInitiationAnalyst RatingsDowngradesInitiationstop upgrades