Benzinga's Top Upgrades, Downgrades For August 3, 2017


27% profits every 20 days?

This is what Nic Chahine averages with his options 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

  • Bank of America upgraded Oshkosh Corp (NYSE:OSK) from Underperform to Neutral. Oshkosh shares rose 5.36 percent to close at $72.39 on Wednesday.
  • Susquehanna upgraded Sodastream International Ltd (NASDAQ:SODA) from Neutral to Positive. SodaStream shares rose 2.93 percent to $56.15 in pre-market trading.
  • Analysts at JMP Securities upgraded Walker & Dunlop, Inc. (NYSE:WD) from Market Outperform to Outperform. Walker & Dunlop shares fell 6.78 percent to close at $46.85 on Monday.
  • Analysts at Oppenheimer upgraded LendingClub Corp (NYSE:LC) from Perform to Outperform. LendingClub shares gained 2.42 percent to $5.08 in pre-market trading.
  • Morgan Stanley upgraded SunTrust Banks, Inc. (NYSE:STI) from Underweight to Equal-Weight. SunTrust shares gained 0.47 percent to $57.91 in pre-market trading.
  • Analysts at Guggenheim upgraded Comcast Corporation (NASDAQ:CMCSA) from Neutral to Buy. Comcast shares fell 0.02 percent to $40.00 in pre-market trading.
  • Analysts at Raymond James upgraded Kemper Corp (NYSE:KMPR) from Market Perform to Strong Buy. Kemper shares climbed 11.39 percent to close at $44.50 on Wednesday.
  • JP Morgan upgraded Qualys Inc (NASDAQ:QLYS) from Neutral to Overweight. Qualys shares rose 5.39 perdent to $43.05 in pre-market trading.
  • Atlantic Equities upgraded Caterpillar Inc. (NYSE:CAT) from Underweight to Neutral. Caterpillar shares rose 0.36 percent to $113.50 in pre-market trading.
  • B. Riley upgraded Insight Enterprises, Inc. (NASDAQ:NSIT) from Neutral to Buy. Insight Enterprises shares rose 6.23 percent to $42.99 in pre-market trading.


Top Downgrades

  • Citigroup downgraded Lam Research Corporation (NASDAQ:LRCX) from Buy to Neutral. Lam Research shares fell 1.02 percent to $150.00 in pre-market trading.
  • Cowen & Co. downgraded Habit Restaurants Inc (NASDAQ:HABT) from Outperform to Market Perform. Habit Restaurants shares fell 6.75 percent to $14.50 in pre-market trading.
  • Analysts at DA Davidson downgraded Mattel, Inc. (NASDAQ:MAT) from Neutral to Underperform. Mattel shares fell 1.43 percent to $19.34 in pre-market trading.
  • Barrington Research downgraded PharMerica Corporation (NYSE:PMC) from Outperform to Underperform. Pharmerica shares fell 0.35 percent to $28.85 in pre-market trading.
  • Deutsche Bank downgraded Allstate Corp (NYSE:ALL) from Buy to Hold. Allstate shares rose 3.47 percent to close at $94.16 on Wednesday.
  • Analysts at Guggenheim downgraded Charter Communications, Inc. (NASDAQ:CHTR) from Buy to Neutral. Charter shares fell 0.49 percent to close at $385.54 on Wednesday.
  • Morgan Stanley downgraded Automatic Data Processing (NASDAQ:ADP) from Equal-Weight to Underweight. ADP shares fell 1.77 percent to $113.21 in pre-market trading.
  • KeyBanc downgraded Clean Harbors Inc (NYSE:CLH) from Overweight to Sector Weight. Clean Harbors shares declined 7.33 percent to close at $53.38 on Wednesday.
  • Benchmark downgraded AMC Entertainment Holdings Inc (NYSE:AMC) from Buy to Hold. AMC Entertainment shares rose 0.66 percent to $15.30 in pre-market trading.
  • Barrington Research downgraded CPI Card Group Inc (NASDAQ:PMTS) from Market Perform to Underperform. CPI Card shares dropped 9.82 percent to close at $2.525 on Wednesday.


Top Initiations

  • Analysts at Wedbush initiated coverage on Corvus Pharmaceuticals Inc (NASDAQ:CRVS) with an Outperform rating. The price target for Corvus Pharmaceuticals is set to $26. Corvus Pharmaceuticals shares closed at $11.84 on Wednesday.
  • Ladenburg Thalmann initiated coverage on Molecular Templates Inc (NASDAQ:MTEM) with a Buy rating. The price target for Molecular Templates is set to $10. Molecular Templates shares closed at $5.50 on Wednesday.
  • Barclays initiated coverage of Prosperity Bancshares, Inc. (NYSE:PB) with an Overweight rating. The price target for Prosperity Bancshares is set to $72. Prosperity Bancshares shares closed at $65.53 on Wednesday.
  • Bank of America reinstated coverage on PVH Corp (NYSE:PVH) with a Buy rating. The price target for PVH is set to $146. PVH shares closed at $119.73 on Wednesday.
  • Morgan Stanley initiated coverage on AveXis Inc (NASDAQ:AVXS) with an Overweight rating. The price target for AveXis is set to $118. AveXis shares closed at $94.41 on Wednesday.
  • Analysts at Bank of America initiated coverage on Plains GP Holdings LP (NYSE:PAGP) with a Neutral rating. The price target for Plains GP Holdings is set to $29. Plains GP Holdings shares closed at $26.70 on Wednesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


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!

Posted In: UpgradesDowngradesInitiationAnalyst RatingsConsumer DiscretionaryDowngradesInformation TechnologyInitiationsLeisure ProductsSemiconductor Equipmenttop upgrades