Benzinga's Top Upgrades, Downgrades For July 11, 2017


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Top Upgrades

  • Analysts at William Blair upgraded AGCO Corporation (NYSE:AGCO) from Market Perform to Outperform. AGCO shares rose 1.01 percent to $70.00 in pre-market trading.
  • Evercore ISI upgraded Westar Energy Inc (NYSE:WR) from In-Line to Outperform. Westar Energy shares dropped 5.12 percent to close at $50.41 on Monday.
  • BMO Capital upgraded Baxter International Inc (NYSE:BAX) from Market Perform to Outperform. Baxter shares fell 0.28 percent to close at $60.55 on Monday.
  • Analysts at JP Morgan upgraded STMicroelectronics NV (ADR) (NYSE:STM) from Neutral to Overweight. STMicroelectronics shares rose 0.65 percent to $15.51 in pre-market trading.
  • Analysts at Barclays upgraded Exxon Mobil Corporation (NYSE:XOM) from Equal-Weight to Overweight. Exxon Mobil shares rose 0.41 percent to $80.49 in pre-market trading.
  • Keefe Bruyette & Woods upgraded KeyCorp (NYSE:KEY) from Market Perform to Outperform. KeyCorp shares gained 0.47 percent to $19.38 in pre-market trading.
  • JMP Securities upgraded Enanta Pharmaceuticals Inc (NASDAQ:ENTA) from Market Perform to Market Outperform. Enanta Pharmaceuticals shares fell 6.41 percent to close at $33.42 on Monday.
  • Analysts at Jefferies upgraded M&T Bank Corporation (NYSE:MTB) from Hold to Buy. M&T Bank shares fell 0.45 percent to close at $164.36 on Monday.

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Top Downgrades

  • Analysts at Deutsche Bank downgraded Charles Schwab Corp (NYSE:SCHW) from Buy to Hold. Charles Schwab shares fell 0.78 percent to $43.29 in pre-market trading.
  • Barclays downgraded Toll Brothers Inc (NYSE:TOL) from Equal-Weight to Underweight. Toll Brothers shares fell 2.32 percent to $40.00 in pre-market trading.
  • Analysts at UBS downgraded Patterson Companies, Inc. (NASDAQ:PDCO) from Neutral to Sell. Patterson shares fell 1.25 percent to $43.45 in pre-market trading.
  • Morgan Stanley downgraded Snap Inc (NYSE:SNAP) from Overweight to Equal-Weight. Snap shares dropped 4.18 percent to $16.28 in pre-market trading.
  • Craig-Hallum downgraded Petmed Express Inc (NASDAQ:PETS) from Buy to Hold. PetMed Express shares slipped 2.64 percent to $39.44 in pre-market trading.
  • Wells Fargo downgraded Whole Foods Market, Inc. (NASDAQ:WFM) from Outperform to Market Perform. Whole Foods shares dropped 0.02 percent to $41.84 in pre-market trading.
  • Barclays downgraded Lennar Corporation (NYSE:LEN) from Overweight to Equal-Weight. Lennar shares fell 0.55 percent to $54.30 in pre-market trading.
  • Piper Jaffray downgraded Guaranty Bancorp (NASDAQ:GBNK) from Overweight to Neutral. Guaranty Bancorp shares dropped 1.08 percent to close at $27.40 on Monday.
  • H.C. Wainwright downgraded Inotek Pharmaceuticals Corp (NASDAQ:ITEK) from Buy to Neutral. Inotek Pharmaceuticals shares rose 8.41 percent to $1.030 in pre-market trading.
  • Imperial Capital downgraded ClubCorp Holdings Inc (NYSE:MYCC) from Outperform to In-Line. ClubCorp shares gained 0.29 percent to $17.10 in pre-market trading.


Top Initiations

  • Stephens & Co. initiated coverage of Sientra Inc (NASDAQ:SIEN) with an Overweight rating. The price target for Sientra is set to $12. Sientra shares closed at $9.50 on Monday.
  • Analysts at Canaccord Genuity initiated coverage on HMS Holdings Corp (NASDAQ:HMSY) with a Buy rating. The price target for HMS Holdings is set to $22. HMS Holdings shares closed at $18.46 on Monday.
  • Jefferies assumed coverage on Biogen Inc (NASDAQ:BIIB) with a Hold rating. The price target for Biogen is set to $310. Biogen shares closed at $273.58 on Monday.
  • Analysts at Wedbush initiated coverage on Cheesecake Factory Inc (NASDAQ:CAKE) with an Outperform rating. The price target for Cheesecake Factory is set to $57. Cheesecake Factory shares closed at $48.98 on Monday.
  • Analysts at H.C. Wainwright initiated coverage on DENTSPLY SIRONA Inc (NASDAQ:XRAY) with a Buy rating. The price target for DENTSPLY SIRONA is set to $74. DENTSPLY SIRONA shares closed at $64.24 on Monday.
  • Rodman & Renshaw initiated coverage on Fortress Biotech Inc (NASDAQ:FBIO) with a Buy rating. The price target for Fortress Biotech is set to $11. Fortress Biotech shares closed at $4.53 on Monday.
  • DA Davidson initiated coverage on Graphic Packaging Holding Company (NYSE:GPK) with a Buy rating. The price target for Graphic Packaging is set to $17.50. Graphic Packaging shares closed at $13.81 on Monday.
  • Jefferies assumed coverage on Gilead Sciences, Inc. (NASDAQ:GILD) with a Hold rating. The price target for Gilead Sciences is set to $80. Gilead Sciences shares closed at $69.29 on Monday.
  • Analysts at HSBC initiated coverage of Citigroup Inc (NYSE:C) with a Hold rating. The price target for Citigroup is set to $71. Citigroup shares closed at $67.65 on Monday.
  • Analysts at MKM Partners initiated coverage on Coach Inc (NYSE:COH) with a Buy rating. The price target for Coach is set to $59. Coach shares closed at $47.57 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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