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Benzinga's Top Upgrades, Downgrades For January 18, 2017

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Top Upgrades

  • Credit Suisse upgraded Nordstrom, Inc. (NYSE: JWN) from Neutral to Outperform. Nordstrom shares rose 1.40 percent to $45.00 in pre-market trading.
  • Analysts at Avondale Partners upgraded McKesson Corporation (NYSE: MCK) from Market Perform to Market Outperform. McKesson shares gained 0.85 percent to close at $148.43 on Tuesday.
  • Analysts at Evercore ISI Group upgraded Scorpio Bulkers Inc (NYSE: SALT) from Hold to Buy. Scorpio Bulkers shares gained 5.83 percent to $6.35 in pre-market trading.
  • JP Morgan upgraded New Oriental Education & Tech Grp (ADR) (NYSE: EDU) from Neutral to Overweight. New Oriental Education shares rose 3.75 percent to $51.99 in pre-market trading.
  • Analysts at Buckingham upgraded Deckers Outdoor Corp (NYSE: DECK) from Neutral to Buy. Deckers Outdoor shares rose 2.49 percent to $60.46 in pre-market trading.
  • Credit Suisse upgraded Burlington Stores Inc (NYSE: BURL) from Neutral to Outperform. Burlington Stores shares rose 0.51 percent to $84.30 in pre-market trading.
  • Morgan Stanley upgraded TransUnion (NYSE: TRU) from Equal-Weight to Overweight. TransUnion shares fell 1.54 percent to close at $31.88 on Tuesday.
  • Commerzbank upgraded ArcelorMittal SA (ADR) (NYSE: MT) from Hold to Buy. ArcelorMittal shares fell 0.49 percent to $8.09 in pre-market trading.


Top Downgrades

  • Credit Suisse downgraded J C Penney Company Inc (NYSE: JCP) from Neutral to Underperform. JC Penney shares fell 1.59 percent to $6.83 in pre-market trading.
  • Jefferies downgraded Alcobra Ltd (NASDAQ: ADHD) from Buy to Hold. Alcobra shares dropped 1.86 percent to $0.92 in pre-market trading.
  • Morgan Stanley downgraded Equifax Inc. (NYSE: EFX) from Overweight to Equal-Weight. Equifax shares rose 0.29 percent to close at $120.66 on Tuesday.
  • Barclays downgraded Xilinx, Inc. (NASDAQ: XLNX) from Equal-Weight to Underweight. Xilinx shares fell 0.92 percent to $57.20 in pre-market trading.
  • Citigroup downgraded Reynolds American, Inc. (NYSE: RAI) from Buy to Neutral. Reynolds American shares rose 0.50 percent to $57.97 in pre-market trading.
  • Analysts at Atlantic Equities downgraded Tiffany & Co. (NYSE: TIF) from Overweight to Neutral. Tiffany shares fell 2.47 percent to close at $79.90 on Tuesday.
  • Argus Research downgraded Wells Fargo & Co (NYSE: WFC) from Buy to Hold. Wells Fargo shares gained 0.22 percent to $53.90 in pre-market trading.
  • Analysts at Credit Suisse downgraded Kohl's Corporation (NYSE: KSS) from Neutral to Underperform. Kohl's shares declined 2.01 percent to $40.55 in pre-market trading.
  • Analysts at Wells Fargo downgraded Goldman Sachs BDC Inc (NYSE: GSBD) from Outperform to Market Perform. Goldman Sachs BDC shares gained 2.05 percent to close at $23.85 on Tuesday.
  • Raymond James downgraded Mercantile Bank Corp. (NASDAQ: MBWM) from Outperform to Market Perform. Mercantile Bank shares dropped 2.50 percent to close at $35.49 on Tuesday.


Top Initiations

  • Analysts at Deutsche Bank initiated coverage of Mettler-Toledo International Inc. (NYSE: MTD) with a Hold rating. The price target for Mettler-Toledo is set to $420. Mettler-Toledo shares closed at $421.74 on Tuesday.
  • Analysts at Berenberg initiated coverage on Mead Johnson Nutrition CO (NYSE: MJN) with a Sell rating. The price target for Mead Johnson Nutrition is set to $66. Mead Johnson Nutrition shares closed at $71.44 on Tuesday.
  • Analysts at Buckingham initiated coverage on Kansas City Southern (NYSE: KSU) with a Buy rating. The price target for Kansas City Southern is set to $103. Kansas City Southern shares closed at $84.26 on Tuesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage of Halliburton Company (NYSE: HAL) with a Buy rating. The price target for Halliburton is set to $72. Halliburton shares closed at $55.01 on Tuesday.
  • Analysts at Oppenheimer initiated coverage on Fortive Corp (NYSE: FTV) with a Perform rating. Fortive shares closed at $54.13 on Tuesday.
  • Analysts at Macquarie initiated coverage on California Water Service Group (NYSE: CWT) with a Neutral rating. The price target for California Water Service is set to $32. California Water Service shares closed at $33.05 on Tuesday.
  • Analysts at Guggenheim initiated coverage on Advance Auto Parts, Inc. (NYSE: AAP) with a Neutral rating. Advance Auto Parts shares closed at $173.00 on Tuesday.
  • Analysts at Jefferies initiated coverage on Palo Alto Networks Inc (NYSE: PANW) with a Hold rating. The price target for Palo Alto is set to $153. Palo Alto shares closed at $138.45 on Tuesday.
  • Deutsche Bank initiated coverage on Illumina, Inc. (NASDAQ: ILMN) with a Hold rating. The price target for Illumina is set to $160. Illumina shares closed at $160.47 on Tuesday.
  • Guggenheim initiated coverage on O'Reilly Automotive Inc (NASDAQ: ORLY) with a Buy rating. The price target for O'Reilly is set to $310. O'Reilly shares closed at $278.76 on Tuesday.

Latest Ratings for MCK

DateFirmActionFromTo
Jan 2019UpgradesSellHold
Jan 2019Initiates Coverage OnNeutral
Dec 2018MaintainsEqual-WeightEqual-Weight

View More Analyst Ratings for MCK
View the Latest Analyst Ratings

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

 

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