Benzinga's Top Upgrades, Downgrades For March 30, 2017

Top Upgrades

  • Lake Street upgraded Sigma Designs Inc SIGM from Hold to Buy. Sigma Designs shares closed at $5.95 on Wednesday.
  • Analysts at UBS upgraded EOG Resources Inc EOG from Neutral to Buy. EOG shares rose 1.78 percent to close at $97.00 on Wednesday.
  • H.C. Wainwright upgraded Galectin Therapeutics Inc GALT from Neutral to Buy. Galectin Therapeutics shares rose 5.05 percent to $2.08 in pre-market trading.
  • Analysts at Barclays upgraded Global Payments Inc GPN from Equal-Weight to Overweight. Global Payments shares gained 0.10 percent to close at $78.83 on Wednesday.
  • Goldman Sachs upgraded Cyberark Software Ltd CYBR from Neutral to Buy. CyberArk Software shares gained 2.26 percent to close at $50.15 on Wednesday.
  • UBS upgraded ConocoPhillips COP from Neutral to Buy. ConocoPhillips shares rose 8.36 percent to $49.79 in pre-market trading.
  • Analysts at UBS upgraded Range Resources Corp. RRC from Neutral to Buy. Range Resources shares gained 0.35 percent to $29.05 in pre-market trading.


Top Downgrades

  • Analysts at Citigroup downgraded Lululemon Athletica inc. LULU from Buy to Neutral. Lululemon shares declined 21.1 percent to $52.31 in pre-market trading.
  • Raymond James downgraded Fifth Street Finance Corp. FSC from Market Perform to Underperform. Fifth Street Finance shares fell 1.47 percent to close at $4.70 on Wednesday.
  • Stifel Nicolaus downgraded Exar Corporation EXAR from Buy to Hold. Exar shares climbed 22.32 percent to close at $12.99 on Wednesday.
  • Analysts at Barclays downgraded Secureworks Corp SCWX from Overweight to Equal-Weight. SecureWorks shares fell 9.23 percent to close at $10.33 on Wednesday.
  • Analysts at Goldman Sachs downgraded Goodyear Tire & Rubber Co GT from Buy to Neutral. Goodyear Tire shares fell 0.69 percent to $35.94 in pre-market trading.
  • Morgan Stanley downgraded Cypress Semiconductor Corporation CY from Equal-Weight to Underweight. Cypress Semiconductor shares fell 2.60 percent to $13.87 in pre-market trading.
  • Susquehanna downgraded Lululemon Athletica inc. LULU from Positive to Neutral. Lululemon shares declined 21.1 percent to $52.31 in pre-market trading.


Top Initiations

  • Analysts at Citigroup initiated coverage on Vulcan Materials Company VMC with a Buy rating. Vulcan Materials shares closed at $118.16 on Wednesday.
  • Analysts at Canaccord Genuity initiated coverage on Willdan Group, Inc. WLDN with a Buy rating. The price target for Willdan Group is set to $36. Willdan Group shares closed at $30.23 on Wednesday.
  • Analysts at Goldman Sachs initiated coverage on Sunoco LP SUN with a Sell rating. The price target for Sunoco is set to $21. Sunoco shares closed at $24.19 on Wednesday.
  • Analysts at Morgan Stanley initiated coverage of Qualys Inc QLYS with a Overweight rating. The price target for Qualys is set to $43. Qualys shares closed at $36.95 on Wednesday.
  • Analysts at UBS initiated coverage on United Therapeutics Corporation UTHR with a Sell rating. The price target for United Therapeutics is set to $112. United Therapeutics shares closed at $138.76 on Wednesday.
  • Analysts at Citigroup initiated coverage on Martin Marietta Materials, Inc. MLM with a Buy rating. Martin Marietta Materials shares closed at $214.27 on Wednesday.
  • Analysts at UBS initiated coverage on BioMarin Pharmaceutical Inc. BMRN with a Neutral rating. The price target for BioMarin Pharmaceutical is set to $92. BioMarin Pharmaceutical shares closed at $89.58 on Wednesday.

Posted In: Apparel, Accessories & Luxury GoodsConsumer DiscretionaryDowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings