Benzinga's Top Upgrades, Downgrades For February 28, 2017

Top Upgrades

  • Analysts at Bank of America upgraded Aircastle Limited AYR from Underperform to Neutral. Aircastle shares rose 1.34 percent to $24.15 in pre-market trading.
  • Societe Generale upgraded Hershey Co HSY from Sell to Hold. Hershey shares fell 1.01 percent to close at $107.80 on Monday.
  • Analysts at Deutsche Bank upgraded CSX Corporation CSX from Hold to Buy. CSX shares rose 1.72 percent to $55.94 in pre-market trading.
  • Analysts at PiperJaffray upgraded Bioverativ Inc BIVV from Neutral to Overweight. Bioverativ shares fell 0.73 percent to close at $50.59 on Monday.
  • Analysts at Guggenheim upgraded Atlantica Yield PLC ABY from Neutral to Buy. Atlantica Yield shares fell 0.23 percent to close at $21.80 on Monday.


Top Downgrades

  • Morgan Stanley downgraded Frontier Communications Corp FTR from Overweight to Neutral. Frontier Communications shares dropped 7 percent to $3.06 in pre-market trading.
  • Needham downgraded Tripadvisor Inc TRIP from Hold to Underperform. TripAdvisor shares fell 1.42 percent to $42.20 in pre-market trading.
  • JMP Securities downgraded Silver Bay Realty Trust Corp SBY from Market Outperform to Market Perform. Silver Bay Realty Trust shares rose 17.9 percent to $21.42 in pre-market trading.
  • Citigroup downgraded Workday Inc WDAY from Neutral to Sell. Workday shares dropped 6 percent to $84.80 in pre-market trading.
  • Raymond James downgraded Fiesta Restaurant Group Inc FRGI from Outperform to Market Perform. Fiesta Restaurant shares fell 15.80 percent to $21.85 in pre-market trading.
  • Stifel Nicolaus downgraded Exelixis, Inc. EXEL from Buy to Hold. Exelixis shares fell 4.1 percent to $22.15 in pre-market trading.
  • Analysts at Bernstein downgraded Cabot Oil & Gas Corporation COG from Outperform to Market Perform. Cabot Oil shares fell 0.45 percent to $22.07 in pre-market trading.
  • Analysts at Raymond James downgraded Jabil Circuit, Inc. JBL from Outperform to Market Perform. Jabil Circuit shares rose 0.27 percent to close at $26.30 on Monday.
  • Deutsche Bank downgraded Century Aluminum Co CENX from Hold to Sell. Century Aluminum shares fell 3.9 percent to $13.46 in pre-market trading.
  • Analysts at Argus downgraded Hewlett Packard Enterprise Co HPE from Buy to Hold. HP Enterprise shares declined 0.22 percent to $22.26 in pre-market trading.


Top Initiations

  • Analysts at Moffett Nathanson initiated coverage on Centurylink Inc CTL with a Neutral rating. The price target for Centurylink is set to $23. Centurylink shares closed at $24.61 on Monday.
  • Analysts at BMO Capital initiated coverage on Ramaco Resources Inc METC with an Outperform rating. The price target for Ramaco Resources is set to $18. Ramaco Resources shares closed at $10.89 on Monday.
  • Analysts at Stifel Nicolaus initiated coverage on Kimbell Royalty Partners LP KRP with a Buy rating. The price target for Kimbell Royalty Partners is set to $21. Kimbell Royalty Partners shares closed at $19.16 on Monday.
  • Analysts at H.C. Wainwright initiated coverage on DURECT Corporation DRRX with a Buy rating. The price target for DURECT is set to $3. DURECT shares closed at $1.02 on Monday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Brink's Company BCO with a Buy rating. The price target for Brink's is set to $62. Brink's shares closed at $52.60 on Monday.
  • Analysts at Axiom Capital initiated coverage of First Solar, Inc. FSLR with a Sell rating. The price target for First Solar is set to $21. First Solar shares closed at $37.83 on Monday.
  • Analysts at Jefferies initiated coverage of American Outdoor Brands Corp AOBC with a Hold rating. American Outdoor Brands shares closed at $19.73 on Monday.
Posted In: DowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings