Benzinga's Top Upgrades, Downgrades For June 27, 2017


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Top Upgrades

  • Analysts at Stifel Nicolaus upgraded STMicroelectronics NV (ADR) (NYSE:STM) from Hold to Buy. STMicroelectronics shares rose 1.86 percent to $14.82 in pre-market trading.
  • Barclays upgraded Bemis Company, Inc. (NYSE:BMS) from Equal-Weight to Overweight. Bemis shares dropped 0.60 percent to close at $46.49 on Monday.
  • Gordon Haskett upgraded J C Penney Company Inc (NYSE:JCP) from Reduce to Hold. JC Penney shares rose 1.71 percent to $4.75 in pre-market trading.
  • Analysts at Atlantic Equities upgraded EOG Resources Inc (NYSE:EOG) from Neutral to Overweight. EOG Resources shares fell 0.46 percent to close at $87.39 on Monday.
  • Needham & Company upgraded Cabot Microelectronics Corporation (NASDAQ:CCMP) from Hold to Buy. Cabot Microelectronics shares gained 0.40 percent to $74.89 in pre-market trading.
  • Analysts at Gordon Haskett upgraded Pier 1 Imports Inc (NYSE:PIR) from Reduce to Hold. Pier 1 shares gained 0.19 percent to close at $5.25 on Monday.

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Top Downgrades

  • Analysts at Instinet downgraded Cintas Corporation (NASDAQ:CTAS) from Buy to Neutral. Cintas shares rose 0.07 percent to close at $129.50 on Monday.
  • Susquehanna downgraded Monsanto Company (NYSE:MON) from Positive to Neutral. Monsanto shares rose 0.67 percent to close at $117.80 on Monday.
  • KeyBanc downgraded Laboratory Corp. of America Holdings (NYSE:LH) from Overweight to Sector Weight. Laboratory Corp shares rose 0.45 percent to close at $152.30 on Monday.
  • Barclays downgraded 8Point3 Energy Partners LP (NASDAQ:CAFD) from Overweight to Equal-Weight. 8point3 Energy Partners shares rose 2.67 percent to close at $15.01 on Monday.
  • Guggenheim downgraded Schlumberger Limited. (NYSE:SLB) from Buy to Neutral. Schlumberger shares fell 0.06 percent to $65.85 in pre-market trading.
  • Pacific Crest downgraded IMPINJ Inc (NASDAQ:PI) from Overweight to Sector Weight. Impinj shares rose 0.99 percent to close at $59.37 on Monday.
  • Analysts at Mizuho downgraded Store Capital Corp (NYSE:STOR) from Buy to Neutral. STORE Capital shares rose 1.25 percent to $23.40 in pre-market trading.
  • Guggenheim downgraded Helmerich & Payne, Inc. (NYSE:HP) from Buy to Neutral. Helmerich & Payne shares gained 0.80 percent to close at $53.16 on Monday.
  • KLR Group downgraded Rice Energy Inc (NYSE:RICE) from Buy to Hold. Rice Energy shares rose 3 percent to close at $26.42 on Monday.
  • Atlantic Equities downgraded Hess Corp. (NYSE:HES) from Overweight to Neutral. Hess shares gained 0.46 percent to close at $41.59 on Monday.


Top Initiations

  • Roth Capital initiated coverage of Sunworks Inc (NASDAQ:SUNW) with a Buy rating. The price target for Sunworks is set to $2.50. Sunworks shares closed at $1.94 on Monday.
  • Analysts at Citigroup initiated coverage on Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) with a Buy rating. The price target for Arena Pharmaceuticals is set to $23. Arena Pharmaceuticals shares closed at $15.08 on Monday.
  • Analysts at Aegis Capital initiated coverage on SurModics, Inc. (NASDAQ:SRDX) with a Buy rating. The price target for SurModics is set to $43.50. SurModics shares closed at $25.25 on Monday.
  • SunTrust Robinson Humphrey initiated coverage on Q2 Holdings Inc (NYSE:QTWO) with a Buy rating. The price target for Q2 Holdings is set to $45. Q2 Holdings shares closed at $37.15 on Monday.
  • Dawson James initiated coverage on Cancer Genetics Inc (NASDAQ:CGIX) with a Buy rating. Cancer Genetics shares closed at $4.00 on Monday.
  • Analysts at Craig-Hallum initiated coverage on NxStage Medical, Inc. (NASDAQ:NXTM) with a Buy rating. The price target for NxStage Medical is set to $32. NxStage Medical shares closed at $23.46 on Monday.
  • Wells Fargo initiated coverage on AMN Healthcare Services, Inc. (NYSE:AMN) with an Outperform rating. The price target for AMN Healthcare is set to $45. AMN Healthcare shares closed at $37.05 on Monday.
  • SunTrust Robinson Humphrey initiated coverage on Manhattan Associates, Inc. (NASDAQ:MANH) with a Hold rating. The price target for Manhattan Associates is set to $45. Manhattan Associates shares closed at $48.37 on Monday.

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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