Benzinga's Top Upgrades, Downgrades For February 13, 2017

Top Upgrades

  • Analysts at Morgan Stanley upgraded J C Penney Company Inc JCP from Underweight to Equal-Weight. JC Penney shares rose 2.66 percent to $7.33 in pre-market trading.
  • Analysts at Wells Fargo upgraded Costamare Inc CMRE from Market Perform to Outperform. Costamare shares rose 4.7 percent to $5.84 in pre-market trading.
  • Analysts at Piper Jaffray upgraded Regeneron Pharmaceuticals Inc REGN from Neutral to Overweight. Regeneron shares rose 0.87 percent to $363.00 in pre-market trading.
  • JP Morgan upgraded Petroleo Brasileiro SA Petrobras (ADR) PBR from Neutral to Overweight. Petrobras shares gained 2.02 percent to $10.63 in pre-market trading.
  • Analysts at Morgan Stanley upgraded Nucor Corporation NUE from Equal-Weight to Overweight. Nucor shares gained 2.46 percent to $62.49 in pre-market trading.
  • Analysts at PiperJaffray upgraded Flagstar Bancorp Inc FBC from Neutral to Overweight. Flagstar Bancorp shares rose 0.51 percent to close at $25.74 on Friday.
  • Citigroup upgraded TIM Participacoes SA (ADR) TSU from Neutral to Buy. TIM Participacoes shares rose 1.5 percent to $15.67 in pre-market trading.
  • CIBC upgraded Gran Tierra Energy Inc. GTE from Neutral to Outperform. Gran Tierra Energy shares gained 1.89 percent to $2.70 in pre-market trading.


Top Downgrades

  • Buckingham downgraded Boeing Co BA from Neutral to Underperform. Boeing shares fell 0.74 percent to $165.00 in pre-market trading.
  • Scotiabank downgraded Agrium Inc. (USA) AGU from Outperform to Sector Perform. Agrium shares rose 1.62 percent to close at $105.70 on Friday.
  • Argus Research downgraded Gannett Co Inc GCI from Buy to Hold. Gannett shares fell 1.22 percent to close at $8.94 on Friday.
  • BMO Capital downgraded Mead Johnson Nutrition CO MJN from Outperform to Market Perform. Mead Johnson shares fell 0.02 percent to $87.70 in pre-market trading.
  • FBR Capital downgraded Travelers Companies Inc TRV from Outperform to Market Perform. Travelers shares fell 1.75 percent to $117.64 in pre-market trading.
  • Stifel Nicolaus downgraded Covanta Holding Corp CVA from Buy to Hold. Covanta shares rose 1.27 percent to close at $16.00 on Friday.
  • Analysts at Mizuho downgraded Occidental Petroleum Corporation OXY from Buy to Neutral. Occidental Petroleum shares fell 0.83 percent to $67.90 in pre-market trading.
  • Analysts at RBC Capital downgraded Reynolds American, Inc. RAI from Outperform to Sector Perform. Reynolds American shares fell 0.23 percent to $60.43 in pre-market trading.
  • Morgan Stanley downgraded AK Steel Holding Corporation AKS from Overweight to Equal-Weight. AK Steel shares rose 1.2 percent to $8.49 in pre-market trading.
  • Analysts at Raymond James downgraded Masimo Corporation MASI from Outperform to Market Perform. Masimo shares fell 1.6 percent to $75.45 in pre-market trading.


Top Initiations

  • Analysts at Goldman Sachs initiated coverage on Hasbro, Inc. HAS with a Buy rating. The price target for Hasbro is set to $110. Hasbro shares closed at $97.63 on Friday.
  • Analysts at JP Morgan initiated coverage on Belden Inc. BDC with a Neutral rating. Belden shares closed at $74.36 on Friday.
  • Analysts at Aegis Capital initiated coverage of Boyd Gaming Corporation BYD with a Buy rating. The price target for Boyd Gaming is set to $24. Boyd Gaming shares closed at $20.86 on Friday.
  • Analysts at Wunderlich initiated coverage on Kimbell Royalty Partners LP KRP with a Buy rating. The price target for Kimbell Royalty Partners is set to $23. Kimbell Royalty Partners shares closed at $20.00 on Friday.
  • Analysts at Wells Fargo initiated coverage on Triton International Limited TRTN with a Outperform rating. Triton shares closed at $25.09 on Friday.
  • Analysts at Susquehanna initiated coverage of Jagged Peak Energy Inc JAG with a Positive rating. Jagged Peak Energy shares closed at $14.48 on Friday.
  • Analysts at Dougherty initiated coverage on AXT Inc AXTI with a Buy rating. The price target for AXT is set to $8. AXT shares closed at $6.20 on Friday.
  • Analysts at Barrington Research initiated coverage on CPI Card Group Inc PMTS with a Market Perform rating. CPI Card shares closed at $5.00 on Friday.
  • Goldman Sachs initiated coverage on Mattel, Inc. MAT with a Neutral rating. The price target for Mattel is set to $27. Mattel shares closed at $25.73 on Friday.
  • Barclays initiated coverage on Park Hotels & Resorts Inc PK with a Overweight rating. The price target for Park Hotels & Resorts is set to $30. Park Hotels & Resorts shares closed at $27.34 on Friday.
Posted In: Benzinga's Top UpgradesConsumer DiscretionaryDowngradesHealth CareHealth Care EquipmentInitiationsLeisure ProductsUpgradesDowngradesPrice TargetAnalyst Ratings