Benzinga's Top Upgrades, Downgrades For July 31, 2017


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Top Upgrades

  • Cowen & Co. upgraded American Airlines Group Inc (NASDAQ:AAL) from Market Perform to Outperform. American Airlines shares rose 0.81 percent to $50.90 in pre-market trading.
  • Baird upgraded Colfax Corp (NYSE:CFX) from Market Perform to Outperform. Colfax shares fell 0.69 percent to close at $40.55 on Friday.
  • Analysts at Morgan Stanley upgraded GoPro Inc (NASDAQ:GPRO) from Underweight to Equal-Weight. GoPro shares rose 2.6 percent to $8.31 in pre-market trading.
  • Analysts at Wells Fargo upgraded Visteon Corp (NYSE:VC) from Market Perform to Outperform. Visteon shares gained 0.02 percent to close at $111.44 on Friday.
  • Analysts at Berenberg upgraded Hilton Worldwide Holdings Inc (NYSE:HLT) from Sell to Hold. Hilton Worldwide shares fell 0.16 percent to close at $62.46 on Friday.
  • Analysts at RBC Capital upgraded Dynavax Technologies Corporation (NASDAQ:DVAX) from Sector Perform to Outperform. Dynavax shares climbed 91.4 percent to $17.70 in pre-market trading.
  • Argus upgraded Celgene Corporation (NASDAQ:CELG) from Hold to Buy. Celgene shares rose 0.60 percent to $134.90 in pre-market trading.
  • BMO Capital upgraded Wells Fargo & Co (NYSE:WFC) from Underperform to Market Perform. Wells Fargo shares rose 0.19 percent to $53.40 in pre-market trading.
  • RBC Capital upgraded Altria Group Inc (NYSE:MO) from Underperform to Sector Perform. Altria shares fell 2.60 percent to $65.20 in pre-market trading.
  • Evercore ISI Group upgraded Automatic Data Processing (NASDAQ:ADP) from Underperform to In-Line. Automatic Data Processing shares rose 0.02 percent to $117.40 in pre-market trading.

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Top Downgrades

  • Jefferies downgraded Coach Inc (NYSE:COH) from Buy to Hold. Coach shares fell 0.08 percent to close at $48.69 on Friday.
  • Oppenheimer downgraded Ulta Beauty Inc (NASDAQ:ULTA) from Outperform to Perform. Ulta Beauty shares fell 0.33 percent to close at $248.60 on Friday.
  • Analysts at Pivotal Research downgraded Facebook Inc (NASDAQ:FB) from Hold to Sell. Facebook shares dropped 0.23 percent to $172.06 in pre-market trading.
  • Barclays downgraded Hertz Global Holdings, Inc (NYSE:HTZ) from Equal-Weight to Underweight. Hertz shares fell 6.23 percent to $16.26 in pre-market trading.
  • Cowen & Co. downgraded Rockwell Collins, Inc. (NYSE:COL) from Outperform to Market Perform. Rockwell Collins shares dropped 0.18 percent to $113.52 in pre-market trading.
  • Analysts at Deutsche Bank downgraded Norfolk Southern Corp. (NYSE:NSC) from Buy to Hold. Norfolk Southern shares rose 1.08 percent to close at $114.23 on Friday.
  • BMO Capital downgraded Citigroup Inc (NYSE:C) from Outperform to Market Perform.. Citigroup shares rose 0.59 percent to $67.83 in pre-market trading.
  • UBS downgraded Visteon Corp (NYSE:VC) from Buy to Neutral. Visteon shares declined 0.08 percent to close at $111.44 on Friday.
  • Lake Street downgraded ShoreTel Inc (NASDAQ:SHOR) from Buy to Hold. ShoreTel shares fell 0.13 percent to $7.49 in pre-market trading.
  • Deutsche Bank downgraded Landstar System, Inc. (NASDAQ:LSTR) from Buy to Hold. Landstar shares gained 0.86 percent to close at $82.30 on Friday.


Top Initiations

  • Analysts at UBS initiated coverage on Hostess Brands, Inc. (NASDAQ:TWNK) with a Neutral rating. The price target for Hostess Brands is set to $16. Hostess Brands shares closed at $15.19 on Friday.
  • Canaccord Genuity initiated coverage on Impax Laboratories Inc (NASDAQ:IPXL) with a Hold rating. The price target for Impax Laboratories is set to $19. Impax Laboratories shares closed at $19.95 on Friday.
  • Deutsche Bank initiated coverage of Cision Ltd. (NYSE:CISN) with a Buy rating. The price target for Cision is set to $16. Cision shares closed at $10.75 on Friday.
  • Canaccord Genuity initiated coverage on ANI Pharmaceuticals Inc (NASDAQ:ANIP) with a Buy rating. The price target for ANI Pharmaceuticals is set to $60. ANI Pharmaceuticals shares closed at $48.64 on Friday.
  • Morgan Stanley initiated coverage on CMS Energy Corporation (NYSE:CMS) with an Equal-Weight rating. The price target for CMS Energy is set to $47. CMS Energy shares closed at $46.30 on Friday.
  • Analysts at Leerink Swann initiated coverage on AxoGen, Inc. (NASDAQ:AXGN) with an Outperform rating. The price target for AxoGen is set to $22. AxoGen shares closed at $15.10 on Friday.
  • Analysts at Canaccord Genuity initiated coverage on Aceto Corporation (NASDAQ:ACET) with a Buy rating. The price target for Aceto is set to $19. Aceto shares closed at $15.54 on Friday.

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 RatingsDowngradesIndustrialsInitiationstop upgradesTrucking