Benzinga's Top Upgrades, Downgrades For July 19, 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

  • Cowen & Co. upgraded Tripadvisor Inc (NASDAQ:TRIP) from Underperform to Market Perform. TripAdvisor shares gained 1.88 percent to $39.00 in pre-market trading.
  • Credit Suisse upgraded Cornerstone OnDemand, Inc. (NASDAQ:CSOD) from Neutral to Outperform. Cornerstone OnDemand shares rose 2.15 percent to close at $37.95 on Tuesday.
  • Analysts at Bank of America upgraded Boeing Co (NYSE:BA) from Underperform to Neutral. Boeing shares rose 0.50 percent to $209.28 in pre-market trading.
  • Analysts at Longbow Research upgraded Garmin Ltd. (NASDAQ:GRMN) from Neutral to Buy. Garmin shares rose 1.45 percent to $50.94 in pre-market trading.
  • Analysts at Raymond James upgraded Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) from Market Perform to Outperform. Vertex Pharma shares rose 27.49 percent to $168.49 in pre-market trading.
  • Analysts at Axiom Capital upgraded First Solar, Inc. (NASDAQ:FSLR) from Hold to Buy. First Solar shares gained 3.20 percent to $45.43 in pre-market trading.
  • Jefferies upgraded PPL Corp (NYSE:PPL) from Hold to Buy. PPL shares rose 1.22 percent to $38.15 in pre-market trading.
  • Baird upgraded Sonoco Products Co (NYSE:SON) from Neutral to Outperform. Sonoco shares fell 0.46 percent to close at $51.54 on Tuesday.
  • KeyBanc upgraded Energizer Holdings Inc (NYSE:ENR) from Sector Weight to Overweight. Energizer shares fell 0.51 percent to close at $46.82 on Tuesday.
  • Axiom Capital upgraded JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) from Sell to Hold. Oasis Petroleum shares rose 3.45 percent to $6.60 in pre-market trading.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!


Top Downgrades

  • Analysts at Wells Fargo downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) from Outperform to Market Perform. Chipotle shares fell 0.73 percent to $372.25 in pre-market trading.
  • Barclays downgraded Dana Inc (NYSE:DAN) from Overweight to Equal-Weight. Dana shares fell 1.25 percent to $23.66 in pre-market trading.
  • Keefe Bruyette & Woods downgraded Goldman Sachs Group Inc (NYSE:GS) from Outperform to Market Perform. Goldman Sachs shares fell 0.14 percent to $223.00 in pre-market trading.
  • Analysts at Baird downgraded Silgan Holdings Inc. (NASDAQ:SLGN) from Outperform to Neutral. Silgan shares gained 0.50 percent to close at $32.03 on Tuesday.
  • SunTrust Robinson Humphrey downgraded Paypal Holdings Inc (NASDAQ:PYPL) from Buy to Hold. PayPal shares dropped 0.92 percent to $58.42 in pre-market trading.
  • Citigroup downgraded Dominion Diamond Corp (NYSE:DDC) from Buy to Neutral. Dominion Diamond shares rose 0.21 percent to close at $14.10 on Tuesday.
  • Stephens & Co. downgraded J M Smucker Co (NYSE:SJM) from Overweight to Equal-Weight. Smucker shares dropped 0.75 percent to $115.61 in pre-market trading.
  • BMO Capital downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) from Outperform to Market Perform. Chipotle shares fell 0.73 percent to $372.25 in pre-market trading.


Top Initiations

  • Analysts at DA Davidson initiated coverage on Euronet Worldwide, Inc. (NASDAQ:EEFT) with a Buy rating. The price target for Euronet Worldwide is set to $105. Euronet Worldwide shares closed at $89.24 on Tuesday.
  • Exane BNP Paribas initiated coverage on Altice USA Inc (NYSE:ATUS) with an Outperform rating. The price target for Altice USA is set to $36. Altice USA shares closed at $32.01 on Tuesday.
  • Maxim Group initiated coverage of xG Technology Inc (NASDAQ:XGTI) with a Buy rating. The price target for xG Technology is set to $4. xG Technology shares closed at $2.08 on Tuesday.
  • Needham initiated coverage on Lululemon Athletica inc. (NASDAQ:LULU) with a Buy rating. The price target for Lululemon is set to $67. Lululemon shares closed at $59.38 on Tuesday.
  • Analysts at H.C. Wainwright initiated coverage on Agile Therapeutics Inc (NASDAQ:AGRX) with a Buy rating. The price target for Agile Therapeutics is set to $10. Agile Therapeutics shares closed at $4.17 on Tuesday.
  • Berenberg initiated coverage on Bob Evans Farms Inc (NASDAQ:BOBE) with a Buy rating. The price target for Bob Evans Farms is set to $77. Bob Evans Farms shares closed at $66.27 on Tuesday.
  • Analysts at Needham initiated coverage on Nike Inc (NYSE:NKE) with a Hold rating. Nike shares closed at $57.65 on Tuesday.
  • Deutsche Bank initiated coverage on Autodesk, Inc. (NASDAQ:ADSK) with a Buy rating. The price target for Autodesk is set to $130. Autodesk shares closed at $107.70 on Tuesday.
  • Analysts at Needham initiated coverage of Tiffany & Co. (NYSE:TIF) with a Hold rating. Tiffany shares closed at $91.79 on Tuesday.
  • Analysts at Wedbush assumed coverage on Quanex Building Products Corporation (NYSE:NX) with an Outperform rating. The price target for Quanex is set to $25. Quanex shares closed at $21.10 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 RatingsApparel, Accessories & Luxury GoodsConsumer DiscretionaryDowngradesInitiationstop upgrades