Market Overview

Benzinga's Top Upgrades, Downgrades For January 12, 2017

Share:

Top Upgrades

  • Societe Generale upgraded Morgan Stanley (NYSE: MS) from Sell to Buy. Morgan Stanley shares fell 0.34 percent to $43.52 in pre-market trading.
  • Analysts at Citigroup upgraded Noble Corporation Ordinary Shares (UK) (NYSE: NE) from Neutral to Buy. Noble shares rose 1.72 percent to $7.69 in pre-market trading.
  • Raymond James upgraded Targa Resources Corp (NYSE: TRGP) from Market Perform to Outperform. Targa Resources shares rose 0.72 percent to close at $57.43 on Wednesday.
  • Bank of America upgraded AmerisourceBergen Corp. (NYSE: ABC) from Neutral to Buy. AmerisourceBergen shares fell 3.89 percent to close at $81.53 on Tuesday.
  • Analysts at Morgan Stanley upgraded Xerox Corp (NYSE: XRX) from Underweight to Overweight. Xerox shares gained 1.43 percent to $7.10 in pre-market trading.
  • Analysts at Societe Generale upgraded Bank of America Corp (NYSE: BAC) from Hold to Buy. Bank of America shares dropped 0.35 percent to $22.99 in pre-market trading.
  • Guggenheim upgraded Merck & Co., Inc. (NYSE: MRK) from Neutral to Buy. Merck shares rose 1.41 percent to $62.50 in pre-market trading.
  • JP Morgan upgraded Monotype Imaging Holdings Inc. (NASDAQ: TYPE) from Underweight to Neutral. Coca-Cola Monotype Imaging shares rose 2.14 percent to close at $21.45 on Wednesday.
  • Analysts at Bank of America upgraded Huntington Ingalls Industries Inc (NYSE: HII) from Neutral to Buy. Huntington Ingalls shares rose 0.35 percent to $191.01 in pre-market trading.
  • Analysts at Deutsche Bank upgraded Fluor Corporation (NEW) (NYSE: FLR) from Hold to Buy. Fluor shares rose 0.08 percent to close at $53.12 on Wednesday.


Top Downgrades

  • Pivotal Research downgraded Walt Disney Co (NYSE: DIS) from Hold to Sell. Disney shares dropped 1.17 percent to $108.16 in pre-market trading.
  • Credit Suisse downgraded United States Steel Corporation (NYSE: X) from Outperform to Neutral. United States Steel shares fell 2.33 percent to $34.38 in pre-market trading.
  • Deutsche Bank downgraded Aecom (NYSE: ACM) from Buy to Hold. AECOM shares fell 0.51 percent to $36.77 in pre-market trading.
  • Evercore ISI Group downgraded KB Home (NYSE: KBH) from Hold to Sell. KB Home shares fell 0.30 percent to $16.55 in pre-market trading.
  • Citigroup downgraded Santander Consumer USA Holdings Inc (NYSE: SC) from Buy to Neutral. Santander Consumer shares rose 0.80 percent to close at $13.90 on Wednesday.
  • Analysts at Pivotal Research downgraded Twitter Inc (NYSE: TWTR) from Buy to Hold. Twitter shares dropped 0.92 percent to $17.14 in pre-market trading.
  • Analysts at Bank of America downgraded Kaiser Aluminum Corp. (NASDAQ: KALU) from Neutral to Underperform. Kaiser Aluminum shares fell 0.56 percent to $80.99 in pre-market trading.
  • Jefferies downgraded Northrop Grumman Corporation (NYSE: NOC) from Buy to Hold. Northrop Grumman shares fell 0.67 percent to close at $231.55 on Wednesday.
  • Analysts at Credit Suisse downgraded AK Steel Holding Corporation (NYSE: AKS) from Outperform to Neutral. AK Steel shares dropped 2.45 percent to $10.75 in pre-market trading.
  • Pivotal Research downgraded Adobe Systems Incorporated (NASDAQ: ADBE) from Buy to Hold. Adobe shares dropped 1.67 percent to $107.17 in pre-market trading.


Top Initiations

  • Analysts at RBC Capital initiated coverage of Lockheed Martin Corporation (NYSE: LMT) with a Sector Perform rating. The price target for Lockheed Martin is set to $265. Lockheed Martin shares closed at $255.13 on Wednesday.
  • Analysts at Summit Redstone Partners initiated coverage on Twilio Inc (NYSE: TWLO) with a Buy rating. The price target for Twilio is set to $36. Twilio shares closed at $27.94 on Wednesday.
  • Analysts at RBC Capital initiated coverage of Lockheed Martin Corporation (NYSE: LMT) with a Sector Perform rating. The price target for Lockheed Martin is set to $265. Lockheed Martin shares closed at $255.13 on Wednesday.
  • Analysts at Cowen & Co initiated coverage on HubSpot Inc (NYSE: HUBS) with a Market Perform rating. The price target for HubSpot is set to $50. HubSpot shares closed at $52.65 on Wednesday.
  • Analysts at Deutsche Bank initiated coverage on America Movil SAB de CV (ADR) (NYSE: AMX) with a Sell rating. The price target for America Movil is set to $10. America Movil shares closed at $12.78 on Wednesday.
  • Analysts at RBC Capital initiated coverage on Raytheon Company (NYSE: RTN) with an Outperform rating. The price target for Raytheon is set to $180. Raytheon shares closed at $146.25 on Wednesday.
  • Analysts at Morgan Stanley initiated coverage on Conduent Inc (NYSE: CNDT) with an Equal-Weight rating. The price target for Conduent is set to $16. Conduent shares closed at $13.31 on Wednesday.
  • Analysts at RBC Capital initiated coverage on United Technologies Corporation (NYSE: UTX) with a Sector Perform rating. The price target for United Technologies is set to $118. United Technologies shares closed at $111.00 on Wednesday.

Latest Ratings for NE

DateFirmActionFromTo
Dec 2019DowngradesBuyReduce
Oct 2019MaintainsUnderweight
Sep 2019DowngradesOutperformSector Perform

View More Analyst Ratings for NE
View the Latest Analyst Ratings

Posted-In: Benzinga's Top Upgrades Downgrades InitiationsUpgrades Downgrades Initiation Analyst Ratings

 

Related Articles (ABC + ACM)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
RXNBairdUpgrades42.0
HASB of A SecuritiesInitiates Coverage On117.0
BXMTJP MorganUpgrades39.0
INFYMorgan StanleyUpgrades
WEXSunTrust Robinson HumphreyDowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
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