Benzinga's Top Upgrades, Downgrades For June 29, 2017


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Top Upgrades

  • Standpoint Research's Ronnie Moas upgraded General Electric Company (NYSE:GE) from Sell to Hold. General Electric shares rose 0.33 percent to $27.17 in pre-market trading.
  • Baird's Andrew Wittmann upgraded UniFirst Corp (NYSE:UNF) from Neutral to Outperform. UniFirst shares gained 0.04 percent to close at $141.70 on Wednesday.
  • Jefferies' David Windley upgraded ICON PLC (NASDAQ:ICLR) from Hold to Buy. ICON shares rose 0.86 percent to close at $96.63 on Wednesday.
  • Analysts at B. Riley upgraded Groupon Inc (NASDAQ:GRPN) from Neutral to Buy. Groupon shares rose 3.20 percent to $3.55 in pre-market trading.
  • Berenberg upgraded Barrick Gold Corp (USA) (NYSE:ABX) from Sell to Hold. Barrick Gold shares dropped 0.62 percent to $16.03 in pre-market trading.
  • Analysts at Baird upgraded WhiteHorse Finance Inc (NASDAQ:WHF) from Neutral to Outperform. WhiteHorse Finance shares closed at $13.30 on Wednesday.
  • DA Davidson upgraded Sterling Construction Company, Inc. (NASDAQ:STRL) from Neutral to Buy. Sterling Construction shares rose 2.14 percent to $11.95 in pre-market trading.

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Top Downgrades

  • Oppenheimer downgraded Whole Foods Market, Inc. (NASDAQ:WFM) from Outperform to Perform. Whole Foods shares closed at $42.25 on Wednesday.
  • B. Riley's Dave Kang downgraded EMCORE Corporation (NASDAQ:EMKR) from Buy to Neutral. EMCORE shares closed at $11.50 on Wednesday.
  • Stephens & Co. downgraded Monro Muffler Brake Inc (NASDAQ:MNRO) from Overweight to Equal-Weight. Monro Muffler Brake shares closed at $41.70 on Tuesday.
  • Citigroup downgraded Education Realty Trust, Inc. (NYSE:EDR) from Buy to Neutral. Education Realty Trust shares closed at $40.26 on Wednesday.
  • RBC Capital downgraded Eldorado Gold Corp (USA) (NYSE:EGO) from Outperform to Sector Perform. Eldorado Gold shares closed at $2.67 on Monday.
  • Analysts at Piper Jaffray downgraded Precision Drilling Corp (USA) (NYSE:PDS) from Overweight to Neutral. Precision Drilling shares closed at $3.36 on Wednesday.
  • Northcoast Research downgraded Spectranetics Corp (NASDAQ:SPNC) from Buy to Neutral. Spectranetics shares rose 0.13 percent to $38.40 in pre-market trading.
  • Macquarie downgraded United Microelectronics Corp (ADR) (NYSE:UMC) from Neutral to Underperform. United Microelectronics shares gained 3.86 percent to $2.42 in pre-market trading.


Top Initiations

  • Guggenheim initiated coverage of Abbott Laboratories (NYSE:ABT) with a Buy rating. The price target for Abbott is set to $58. Abbott shares closed at $48.48 on Wednesday.
  • Analysts at H.C. Wainwright initiated coverage on Obseva SA (NASDAQ:OBSV) with a Buy rating. The price target for Obseva is set to $27. Obseva shares closed at $5.90 on Wednesday.
  • Susquehanna initiated coverage on Anadarko Petroleum Corporation (NYSE:APC) with a Positive rating. The price target for Anadarko Petroleum is set to $60. Anadarko Petroleum shares closed at $43.79 on Wednesday.
  • Analysts at Guggenheim initiated coverage on Cooper Companies Inc (NYSE:COO) with a Neutral rating. Cooper Companies shares closed at $242.35 on Wednesday.
  • Benchmark initiated coverage on BioTelemetry, Inc. (NASDAQ:BEAT) with a Buy rating. The price target for BioTelemetry is set to $38. BioTelemetry shares closed at $32.40 on Wednesday.
  • Analysts at Wedbush initiated coverage on Aspen Technology, Inc. (NASDAQ:AZPN) with a Neutral rating. The price target for Aspen Technology is set to $59. Aspen Technology shares closed at $55.93 on Wednesday.
  • Ladenburg Thalmann initiated coverage on CHF Solutions, Inc. (NASDAQ:CHFS) with a Buy rating. CHF Solutions shares closed at $0.615 on Wednesday.

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.


Posted In: UpgradesDowngradesInitiationAnalyst RatingsDowngradesInitiationstop upgrades