Benzinga's Top Upgrades, Downgrades For August 16, 2017


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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.


Top Upgrades

  • Bank of America upgraded Zions Bancorp (NASDAQ:ZION) from Neutral to Buy. Zions Bancorp shares rose 0.58 percent to close at $45.13 on Tuesday.
  • Analysts at Citigroup upgraded Mylan N.V. (NASDAQ:MYL) from Neutral to Buy. Mylan shares rose 3.55 percent to $31.20 in pre-market trading.
  • Analysts at Morgan Stanley upgraded UDR, Inc. (NYSE:UDR) from Underweight to Equal-Weight. UDR shares rose 0.31 percent to close at $39.13 on Tuesday.
  • Raymond James upgraded Home Depot Inc (NYSE:HD) from Market Perform to Outperform. Home Depot shares rose 0.42 percent to $150.80 in pre-market trading.
  • Analysts at Bank of America upgraded Spirit Realty Capital, Inc (New) (NYSE:SRC) from Underperform to Buy. Spirit Realty Capital shares gained 2.59 percent to $8.70 in pre-market trading.
  • Morgan Stanley upgraded Paychex, Inc. (NASDAQ:PAYX) from Underweight to Equal-Weight. Paychex shares rose 1.22 percent to close at $55.59 on Tuesday.
  • Analysts at Bank of America upgraded Eastgroup Properties Inc (NYSE:EGP) from Neutral to Buy. EastGroup Properties shares dropped 0.73 percent to close at $85.57 on Tuesday.

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Top Downgrades

  • Analysts at Jefferies downgraded Chicago Bridge & Iron Company N.V. (NYSE:CBI) from Buy to Hold. Chicago Bridge & Iron shares fell 8.43 percent to close at $11.19 on Tuesday.
  • Susquehanna downgraded Dicks Sporting Goods Inc (NYSE:DKS) from Positive to Neutral. Dick's Sporting shares fell 1.15 percent to $26.56 in pre-market trading.
  • Bank of America downgraded SL Green Realty Corp (NYSE:SLG) from Buy to Neutral. SL Green Realty shares fell 0.90 percent to close at $99.47 on Tuesday.
  • Citigroup downgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) from Buy to Neutral. Teva shares fell 0.22 percent to $17.93 in pre-market trading.
  • RBC Capital downgraded Dicks Sporting Goods Inc (NYSE:DKS) from Outperform to Sector Perform. Dick's Sporting shares fell 1.15 percent to $26.56 in pre-market trading.
  • Analysts at HSBC downgraded Southern Copper Corp (NYSE:SCCO) from Buy to Hold. Southern Copper shares fell 1.28 percent to close at $38.61 on Tuesday.
  • FBR Capital downgraded RAIT Financial Trust (NYSE:RAS) from Buy to Neutral. RAIT Financial Trust shares fell 9.77 percent to close at $1.20 on Tuesday.
  • Buckingham downgraded Dicks Sporting Goods Inc (NYSE:DKS) from Buy to Neutral. Dick's Sporting shares fell 1.15 percent to $26.56 in pre-market trading.


Top Initiations

  • Analysts at Piper Jaffray initiated coverage on Angie's List Inc (NASDAQ:ANGI) with a Overweight rating. The price target for Angie's List is set to $14. Angie's List shares closed at $11.50 on Tuesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Facebook Inc (NASDAQ:FB) with a Buy rating. The price target for Facebook is set to $210. Facebook shares closed at $171.00 on Tuesday.
  • Boenning & Scattergood initiated coverage on Conifer Holdings Inc (NASDAQ:CNFR) with a Neutral rating. Conifer shares closed at $6.65 on Tuesday.
  • SunTrust Robinson Humphrey initiated coverage on Alphabet Inc (NASDAQ:GOOGL) with a Buy rating. The price target for Alphabet is set to $1,100. Alphabet shares closed at $938.08 on Tuesday.
  • BMO Capital initiated coverage on Shiloh Industries, Inc. (NASDAQ:SHLO) with a Outperform rating. The price target for Shiloh Industries is set to $11. Shiloh Industries shares closed at $7.68 on Tuesday.
  • Ladenburg Thalmann initiated coverage on Dextera Surgical Inc (NASDAQ:DXTR) with a Buy rating. The price target for Dextera Surgical is set to $0.80. Dextera Surgical shares closed at $0.250 on Tuesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage of Twitter Inc (NYSE:TWTR) with a Hold rating. The price target for Twitter is set to $16. Twitter shares closed at $15.95 on Tuesday.
  • Cowen & Co. initiated coverage of Albireo Pharma, Inc. (NASDAQ:ALBO) with a Outperform rating. Albireo Pharma shares closed at $21.43 on Tuesday.
  • Analysts at B. Riley initiated coverage on Celsius Holdings, Inc. (NASDAQ:CELH) with a Buy rating. The price target for Celsius is set to $7. Celsius shares closed at $4.36 on Tuesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Snap Inc (NYSE:SNAP) with a Sell rating. The price target for Snap is set to $10. Snap shares closed at $12.74 on Tuesday.

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 RatingsDowngradesInitiationstop upgrades