Benzinga's Top Upgrades, Downgrades For February 16, 2017

Top Upgrades

  • Analysts at Argus Research upgraded Hershey Co HSY from Hold to Buy. Hershey shares rose 0.42 percent to close at $108.80 on Wednesday.
  • Analysts at Societe Generale upgraded Devon Energy Corp DVN from Hold to Buy. Devon Energy shares rose 0.66 percent to $44.52 in pre-market trading.
  • Analysts at Jefferies upgraded MDC Partners Inc MDCA from Hold to Buy. MDC Partners shares rose 4.62 percent to $9.05 in pre-market trading.
  • Wells Fargo upgraded Chimera Investment Corporation CIM from Underperform to Market Perform. Chimera Investment shares fell 0.77 percent to close at $17.99 on Wednesday.
  • Analysts at Oppenheimer upgraded SunPower Corporation SPWR from Perform to Outperform. SunPower shares fell 4.69 percent to $6.91 in pre-market trading.
  • Bank of America upgraded Cavium Inc CAVM from Neutral to Buy. Cavium shares rose 0.72 percent to close at $65.50 on Wednesday.
  • Analysts at William Blair upgraded NetApp Inc. NTAP from Underperform to Market Perform. NetApp shares rose 6.34 percent to $41.40 in pre-market trading.
  • Macquarie upgraded Bank of America Corp BAC from Neutral to Outperform. RH shares gained 0.12 percent to $24.61 in pre-market trading.


Top Downgrades

  • Wedbush downgraded Groupon Inc GRPN from Outperform to Neutral. Groupon shares fell 2.16 percent to $4.54 in pre-market trading.
  • Summit Redstone Partners downgraded Godaddy Inc GDDY from Buy to Hold. GoDaddy shares fell 5.82 percent to $35.28 in pre-market trading.
  • Wells Fargo downgraded Analog Devices, Inc. ADI from Outperform to Market Perform. Analog Devices shares gained 4.83 percent to close at $81.60 on Wednesday.
  • Stifel Nicolaus downgraded Molina Healthcare, Inc. MOH from Buy to Hold. Molina Healthcare shares fell 17 percent to $49.70 in pre-market trading.
  • Morgan Stanley downgraded Taubman Centers, Inc. TCO from Overweight to Equal-Weight. Taubman Centers shares fell 0.23 percent to close at $68.27 on Wednesday.
  • Citigroup downgraded Tower International Inc TOWR from Buy to Neutral. Tower International shares rose 4.28 percent to close at $28.00 on Wednesday.
  • Analysts at Roth Capital downgraded Angie's List Inc ANGI from Neutral to Sell. Angie's List shares fell 2.44 percent to $5.60 in pre-market trading.
  • Analysts at Credit Suisse downgraded Blackhawk Network Holdings Inc HAWK from Outperform to Neutral. Blackhawk Network shares fell 8.97 percent to $34.00 in pre-market trading.
  • Bank of America downgraded Integrated Device Technology Inc IDTI from Buy to Neutral. Integrated Device shares dropped 2.4 percent to $24.51 in pre-market trading.
  • Analysts at Susquehanna downgraded Kraft Heinz Co KHC from Positive to Neutral. Kraft Heinz shares declined 2.84 percent to $88.51 in pre-market trading.


Top Initiations

  • Analysts at Wells Fargo initiated coverage on Communications Sales & Leasing Inc CSAL with an Outperform rating. Communications Sales & Leasing shares closed at $26.39 on Wednesday.
  • Analysts at Ladenburg Thalmann initiated coverage on BioCryst Pharmaceuticals, Inc. BCRX with a Buy rating. The price target for BioCryst Pharmaceuticals is set to $11. BioCryst Pharmaceuticals shares closed at $6.16 on Wednesday.
  • Analysts at Needham initiated coverage on salesforce.com, inc. CRM with a Hold rating. salesforce.com shares closed at $81.67 on Wednesday.
  • Analysts at Ladenburg Thalmann initiated coverage on Albireo Pharma, Inc. ALBO with a Buy rating. The price target for Albireo Pharma is set to $40. Albireo Pharma shares closed at $20.28 on Wednesday.
  • Analysts at National Securities initiated coverage on Aqua Metals Inc AQMS with a Buy rating. Aqua Metals shares closed at $16.94 on Wednesday.
  • Analysts at Seaport Global Securities initiated coverage of Science Applications International Corp SAIC with a Buy rating. SAIC shares closed at $86.36 on Wednesday.
  • Analysts at Citi resumed coverage of Berry Plastics Group Inc BERY with a Buy rating. Berry Plastics shares closed at $49.62 on Wednesday.

Posted In: DowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings