Benzinga's Top Upgrades, Downgrades For August 9, 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

  • Goldman Sachs upgraded Transocean LTD (NYSE:RIG) from Sell to Neutral. Transocean shares rose 1.17 percent to $8.67 in pre-market trading.
  • Imperial Capital upgraded Brink's Company (NYSE:BCO) from In-Line to Outperform. Brink's shares rose 0.79 percent to close at $76.55 on Tuesday.
  • Analysts at JP Morgan upgraded TriMas Corp (NASDAQ:TRS) from Neutral to Overweight. TriMas shares closed at $23.95 on Tuesday.
  • Analysts at Mizuho upgraded PDC Energy Inc (NASDAQ:PDCE) from Neutral to Buy. PDC Energy shares closed at $39.70 on Tuesday.
  • Ladenburg Thalmann upgraded Novavax, Inc. (NASDAQ:NVAX) from Neutral to Buy. Novavax shares gained 9.14 percent to $1.060 in pre-market trading.
  • Analysts at B. Riley upgraded Spark Networks Inc (NYSE:LOV) from Neutral to Buy. Spark Networks shares closed at $0.910 on Tuesday.
  • Analysts at BTIG Research upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) from Neutral to Buy. Red Robin shares fell 5.45 percent to close at $53.75 on Tuesday.
  • DA Davidson upgraded Nautilus, Inc. (NYSE:NLS) from Neutral to Buy. Nautilus shares rose 0.30 percent to close at $16.70 on Tuesday.
  • Jefferies upgraded Esperion Therapeutics Inc (NASDAQ:ESPR) from Hold to Buy. Esperion Therapeutics shares surged 15.41 percent to close at $52.13 on Tuesday.
  • Credit Suisse upgraded Atkore International Group Inc (NYSE:ATKR) from Neutral to Outperform. Atkore shares dropped 21.24 percent to close at $16.28 on Tuesday.


Top Downgrades

  • BMO Capital downgraded Starbucks Corporation (NASDAQ:SBUX) from Outperform to Market Perform. Starbucks shares fell 0.81 percent to $54.08 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Albemarle Corporation (NYSE:ALB) from Buy to Hold. Albemarle shares fell 1 percent to $114.26 in pre-market trading.
  • Analysts at Compass Point downgraded Nelnet, Inc. (NYSE:NNI) from Buy to Neutral. Nelnet shares fell 1.39 percent to close at $48.20 on Tuesday.
  • Stifel Nicolaus downgraded Surgery Partners Inc (NASDAQ:SGRY) from Hold to Sell. Surgery Partners shares fell 9.92 percent to $17.25 in pre-market trading.
  • Morgan Stanley downgraded Plains All American Pipeline, L.P. (NYSE:PAA) from Overweight to Equal-Weight. Plains All American shares declined 2.56 percent to $19.80 in pre-market trading.
  • Analysts at Deutsche Bank downgraded Vivint Solar Inc (NYSE:VSLR) from Buy to Hold. Vivint Solar shares fell 1.96 percent to close at $5.00 on Tuesday.
  • JP Morgan downgraded LGI Homes Inc (NASDAQ:LGIH) from Overweight to Neutral. LGI Homes shares closed at $48.48 on Tuesday.
  • DA Davidson downgraded FTD Companies Inc (NASDAQ:FTD) from Buy to Neutral. FTD Companies shares closed at $18.94 on Tuesday.
  • JMP Securities downgraded RAIT Financial Trust (NYSE:RAS) from Market Perform to Market Underperform. RAIT Financial Trust shares fell 2.33 percent to close at $1.68 on Tuesday.
  • Raymond James downgraded Essex Property Trust Inc (NYSE:ESS) from Outperform to Market Perform. Essex Property Trust shares rose 0.45 percent to close at $262.69 on Tuesday.


Top Initiations

  • Analysts at Stifel Nicolaus initiated coverage on SAGE Therapeutics Inc (NASDAQ:SAGE) with a Buy rating. The price target for SAGE Therapeutics is set to $104. SAGE Therapeutics shares closed at $84.40 on Tuesday.
  • Jefferies initiated coverage on Analogic Corporation (NASDAQ:ALOG) with a Hold rating. The price target for Analogic is set to $75. Analogic shares closed at $70.65 on Tuesday.
  • Wells Fargo initiated coverage on NiSource Inc. (NYSE:NI) with an Outperform rating. The price target for NiSource is set to $30. NiSource shares closed at $26.32 on Tuesday.
  • Jefferies initiated coverage of Varex Imaging Corp (NASDAQ:VREX) with a Buy rating. The price target for Varex Imaging is set to $34. Varex Imaging shares closed at $29.20 on Tuesday.
  • Evercore ISI Group initiated coverage on Brighthouse Financial Inc (NASDAQ:BHF) with an In-Line rating. The price target for Brighthouse Financial is set to $68. Brighthouse Financial shares closed at $56.90 on Tuesday.
  • Analysts at Credit Suisse initiated coverage on Alcoa Corp (NYSE:AA) with a Neutral rating. The price target for Alcoa is set to $42. Alcoa shares closed at $39.58 on Tuesday.
  • Analysts at Aegis Capital initiated coverage on Pyxis Tankers Inc (NASDAQ:PXS) with a Buy rating. The price target for Pyxis Tankers is set to $3.50. Pyxis Tankers shares closed at $1.72 on Tuesday.

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.


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Posted In: UpgradesDowngradesInitiationAnalyst RatingsDowngradesInformation TechnologyInitiationsInternet Software & Servicestop upgrades