Market Overview

Benzinga's Top Upgrades, Downgrades For December 20, 2016

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Top Upgrades

  • Macquarie upgraded Alcoa Corporation (NYSE: AA) from Neutral to Outperform. Alcoa shares rose 0.61 percent to $29.47 in pre-market trading.
  • FBR Capital upgraded Zions Bancorp (NASDAQ: ZION) from Market Perform to Outperform. Zions Bancorp shares rose 1.59 percent to close at $42.70 on Monday.
  • KeyBanc upgraded McDermott International (NYSE: MDR) from Sector Weight to Overweight. McDermott shares gained 2.12 percent to $7.69 in pre-market trading.
  • Citigroup upgraded Kosmos Energy Ltd (NYSE: KOS) from Neutral to Buy. Kosmos Energy shares gained 5.06 percent to $6.64 in pre-market trading.
  • Analysts at RBC Capital upgraded Dana Inc (NYSE: DAN) from Sector Perform to Outperform. Dana shares rose 0.74 percent to close at $18.98 on Monday.
  • Analysts at Chardan Capital upgraded Clovis Oncology Inc (NASDAQ: CLVS) from Sell to Neutral. Clovis Oncology shares fell 3.41 percent to $39.10 in pre-market trading.
  • Analysts at Goldman Sachs upgraded Western Digital Corp (NASDAQ: WDC) from Sell to Neutral. Western Digital shares rose 1.76 percent to close at $68.36 on Monday.
  • Analysts at Morgan Stanley upgraded Hubbell Incorporated (NYSE: HUBB) from Equal-Weight to Overweight. Hubbell shares fell 0.23 percent to close at $116.73 on Monday.
  • Deutsche Bank upgraded Public Service Enterprise Group Inc. (NYSE: PEG) from Hold to Buy. Public Service Enterprise shares fell 0.73 percent to close at $43.67 on Monday.
  • Analysts at Janney Capital upgraded American Water Works Company Inc (NYSE: AWK) from Neutral to Buy. American Water Works shares rose 0.59 percent to close at $73.31 on Monday.


Top Downgrades

  • Analysts at Deutsche Bank downgraded FirstEnergy Corp. (NYSE: FE) from Buy to Hold. FirstEnergy shares fell 0.41 percent to close at $31.65 on Monday.
  • RBC Capital downgraded Mitel Networks Corp (NASDAQ: MITL) from Outperform to Sector Perform. Mitel Networks shares fell 5.26 percent to close at $7.02 on Monday.
  • Morgan Stanley downgraded Lennox International Inc. (NYSE: LII) from Equal-Weight to Underweight. Lennox International shares fell 0.17 percent to close at $156.92 on Monday.
  • Analysts at Jefferies downgraded Extra Space Storage, Inc. (NYSE: EXR) from Buy to Hold. Extra Space Storage shares rose 1 percent to close at $74.94 on Monday.
  • SunTrust Robinson Humphrey downgraded Cempra Inc (NASDAQ: CEMP) from Buy to Sell. Cempra shares fell 4.17 percent to $6.90 in pre-market trading.
  • Baird downgraded Acuity Brands, Inc. (NYSE: AYI) from Outperform to Neutral. Acuity Brands shares fell 1.04 percent to close at $245.57 on Monday.
  • Analysts at KeyBanc downgraded Inovalon Holdings Inc (NASDAQ: INOV) from Overweight to Sector Weight. Inovalon Holdings shares fell 4.26 percent to $9.00 in pre-market trading.
  • FBR Capital downgraded HomeStreet Inc (NASDAQ: HMST) from Outperform to Market Perform. HomeStreet shares rose 0.15 percent to $32.70 in pre-market trading.


Top Initiations

  • Analysts at Loop Capital initiated coverage on United Parcel Service, Inc. (NYSE: UPS) with a Hold rating. The price target for United Parcel Service is set to $124. United Parcel Service shares closed at $116.98 on Monday.
  • Analysts at Susquehanna initiated coverage on trivago N.V. - American Depositary Shares (NASDAQ: TRVG) with a Neutral rating. The price target for trivago is set to $14. trivago shares closed at $12.15 on Monday.
  • Analysts at BMO Capital initiated coverage of Spark Therapeutics Inc (NASDAQ: ONCE) with an Outperform rating. The price target for Spark Therapeutics is set to $69. Spark Therapeutics shares closed at $50.88 on Monday.
  • Analysts at Barclays initiated coverage on Paychex, Inc. (NASDAQ: PAYX) with an Equal-Weight rating. The price target for Paychex is set to $63. Paychex shares closed at $61.55 on Monday.
  • Analysts at Evercore ISI Group initiated coverage on JD.Com Inc(ADR) (NASDAQ: JD) with a Buy rating. The price target for JD.Com is set to $33. JD.Com shares closed at $25.38 on Monday.
  • Analysts at First Analysis initiated coverage on INC Research Holdings Inc (NASDAQ: INCR) with an Equal-Weight rating. The price target for INC Research is set to $59. INC Research shares closed at $50.45 on Monday.
  • Analysts at Stifel Nicolaus initiated coverage on Etsy Inc (NASDAQ: ETSY) with a Hold rating. The price target for Etsy is set to $14. Etsy shares closed at $12.92 on Monday.
  • Evercore ISI Group initiated coverage on Baidu Inc (ADR) (NASDAQ: BIDU) with a Hold rating. The price target for Baidu is set to $200. Baidu shares closed at $163.69 on Monday.
  • Wedbush initiated coverage on Amplify Snack Brands Inc (NYSE: BETR) with a Neutral. The price target for Amplify Snack Brands is set to $9. Amplify Snack Brands shares closed at $9.40 on Monday
  • Piper Jaffray initiated coverage on Ciena Corporation (NYSE: CIEN) with an Overweight rating. The price target for Ciena is set to $30. Ciena shares closed at $24.05 on Monday.

Latest Ratings for AA

DateFirmActionFromTo
Jul 2019DowngradesBuyHold
Jul 2019DowngradesBuyHold
Jul 2019DowngradesOutperformNeutral

View More Analyst Ratings for AA
View the Latest Analyst Ratings

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