Market Overview

Benzinga's Top Upgrades, Downgrades For January 11, 2017

Share:

Top Upgrades

  • Analysts at Bernstein upgraded Paychex, Inc. (NASDAQ: PAYX) from Underperform to Market Perform. Paychex shares fell 0.34 percent to close at $60.81 on Tuesday.
  • Citigroup upgraded Keryx Biopharmaceuticals (NASDAQ: KERX) from Sell to Neutral. Keryx Biopharmaceuticals shares rose 4.84 percent to $6.50 in pre-market trading.
  • Raymond James upgraded Visteon Corp (NYSE: VC) from Market Perform to Outperform. Visteon shares rose 5.90 percent to close at $86.53 on Tuesday.
  • Analysts at Wells Fargo upgraded Williams Partners LP (NYSE: WPZ) from Market Perform to Outperform. Williams Partners shares dropped 0.13 percent to close at $38.62 on Tuesday.
  • UBS upgraded Zions Bancorp (NASDAQ: ZION) from Sell to Neutral. Zions Bancorp shares rose 1.54 percent to close at $43.56 on Tuesday.
  • Analysts at Exane BNP Paribas upgraded Eni SpA (ADR) (NYSE: E) from Underperform to Neutral. ENI shares dropped 0.03 percent to $32.77 in pre-market trading.
  • Morgan Stanley upgraded BT Group plc (ADR) (NYSE: BT) from Equal-Weight to Overweight. BT Group shares rose 2.67 percent to $24.58 in pre-market trading.
  • UBS upgraded Coca-Cola European Partners plc (NYSE: CCE) from Neutral to Buy. Coca-Cola European Partners shares rose 2.86 percent to $32.40 in pre-market trading.


Top Downgrades

  • Credit Suisse downgraded VCA Inc (NASDAQ: WOOF) from Outperform to Neutral. VCA shares rose 0.04 percent to close at $90.83 on Tuesday.
  • Citigroup downgraded Duke Energy Corp (NYSE: DUK) from Neutral to Sell. Duke Energy shares fell 0.33 percent to $76.25 in pre-market trading.
  • Analysts at UBS downgraded Bank of America Corp (NYSE: BAC) from Buy to Neutral. Bank of America shares dropped 0.31 percent to $22.87 in pre-market trading.
  • Barclays downgraded Williams Companies Inc (NYSE: WMB) from Overweight to Equal-Weight. Williams shares rose 0.49 percent to $28.64 in pre-market trading.
  • Deutsche Bank downgraded AT&T Inc. (NYSE: T) from Buy to Hold. AT&T shares fell 0.42 percent to $40.64 in pre-market trading.
  • Analysts at Wells Fargo downgraded Western Refining Logistics LP (NYSE: WNRL) from Outperform to Market Perform. Western Refining shares rose 0.94 percent to close at $21.50 on Tuesday.
  • UBS downgraded M&T Bank Corporation (NYSE: MTB) from Neutral to Sell. M&T Bank shares gained 0.47 percent to close at $156.70 on Tuesday.
  • Analysts at Baird downgraded Sunstone Hotel Investors Inc (NYSE: SHO) from Outperform to Neutral. Sunstone Hotel Investors shares dropped 0.13 percent to close at $14.94 on Tuesday.


Top Initiations

  • Analysts at Bernstein initiated coverage on Baidu Inc (ADR) (NASDAQ: BIDU) with an Underperform rating. The price target for Baidu is set to $150. Baidu shares closed at $180.31 on Tuesday.
  • Analysts at UBS initiated coverage of JPMorgan Chase & Co. (NYSE: JPM) with a Buy rating. The price target for JPMorgan is set to $98. JPMorgan shares closed at $86.43 on Tuesday.
  • Analysts at Canaccord Genuity initiated coverage on Park Hotels & Resorts Inc (NYSE: PK) with a Buy rating. The price target for Park Hotels & Resorts is set to $30. Park Hotels & Resorts shares closed at $29.22 on Tuesday.
  • Analysts at Raymond James initiated coverage on Wildhorse Resource Development Corp (NYSE: WRD) with a Strong Buy rating. The price target for Wildhorse Resource Development is set to $24. Wildhorse Resource Development shares closed at $14.51 on Tuesday.
  • Analysts at UBS initiated coverage on SunTrust Banks, Inc. (NYSE: STI) with a Neutral rating. The price target for SunTrust Banks is set to $58. SunTrust Banks shares closed at $55.70 on Tuesday.
  • Analysts at Bernstein initiated coverage on Alibaba Group Holding Ltd (NYSE: BABA) with an Outperform rating. The price target for Alibaba is set to $117. Alibaba shares closed at $96.75 on Tuesday.
  • Analysts at Bernstein initiated coverage on Ctrip.Com International Ltd (ADR) (NASDAQ: CTRP) with a Market Perform rating. The price target for Ctrip.Com is set to $41. Ctrip.Com shares closed at $43.71 on Tuesday.
  • UBS initiated coverage on BB&T Corporation (NYSE: BBT) with a Neutral rating. The price target for BB&T is set to $49. BB&T shares closed at $46.66 on Tuesday.

Latest Ratings for PAYX

DateFirmActionFromTo
Oct 2019MaintainsEqual-Weight
Sep 2019Initiates Coverage OnMarket Perform
Aug 2019DowngradesEqual-WeightUnderweight

View More Analyst Ratings for PAYX
View the Latest Analyst Ratings

Posted-In: Downgrades Initiations top upgradesUpgrades Downgrades Initiation Analyst Ratings

 

Related Articles (BAC + BABA)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
WEEDCantor FitzgeraldMaintains18.9
TGTXCantor FitzgeraldMaintains19.0
SPLKCleveland ResearchDowngrades
IQVWolfe ResearchUpgrades
PRAHWolfe ResearchUpgrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Live Cattle Futures Fall

Tougher Fundamentals Trump Strategic Positioning For AT&T