Market Overview

Benzinga's Top Upgrades, Downgrades For May 25, 2017

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Top Upgrades

  • Analysts at Cowen & Co. upgraded Puma Biotechnology Inc (NASDAQ: PBYI) from Market Perform to Outperform. Puma Biotechnology shares gained 2.87 percent to $77.10 in pre-market trading.
  • FBR Capital upgraded Metlife Inc (NYSE: MET) from Market Perform to Outperform. MetLife shares rose 0.02 percent to close at $50.52 on Wednesday.
  • Analysts at Argus upgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) from Hold to Buy. Chipotle shares rose 1.12 percent to $484.15 in pre-market trading.
  • Analysts at Credit Suisse upgraded NetApp Inc. (NASDAQ: NTAP) from Underperform to Neutral. NetApp shares dropped 2.68 percent to $38.50 in pre-market trading.
  • JP Morgan upgraded PVH Corp (NYSE: PVH) from Neutral to Overweight. PVH shares rose 5.11 percent to $107.25 in pre-market trading.
  • Analysts at Evercore ISI Group upgraded Lexington Realty Trust (NYSE: LXP) from Hold to Outperform. Lexington Realty shares rose 0.84 percent to close at $9.64 on Wednesday.
  • JP Morgan upgraded Federated Investors Inc (NYSE: FII) from Underweight to Neutral. Federated Investors shares gained 0.20 percent to close at $25.68 on Wednesday.
  • Morgan Stanley upgraded Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) from Equal-Weight to Overweight. Alexion Pharmaceuticals shares rose 2.78 percent to $103.89 in pre-market trading.


Top Downgrades

  • Stifel Nicolaus downgraded Paypal Holdings Inc (NASDAQ: PYPL) from Buy to Hold. PayPal shares fell 0.69 percent to $50.70 in pre-market trading.
  • KeyBanc downgraded MAXIMUS, Inc. (NYSE: MMS) from Overweight to Sector Weight. Maximus shares rose 0.73 percent to close at $63.70 on Wednesday.
  • Citigroup downgraded Etsy Inc (NASDAQ: ETSY) from Buy to Neutral. Etsy shares fell 3.36 percent to $12.95 in pre-market trading.
  • Mizuho downgraded Hortonworks Inc (NASDAQ: HDP) from Buy to Neutral. Hortonworks shares gained 10.45 percent to close at $13.84 on Wednesday.
  • Barclays downgraded Ameren Corp (NYSE: AEE) from Overweight to Equal-Weight. Ameren shares fell 0.57 percent to close at $56.14 on Wednesday.


Top Initiations

  • Analysts at Nomura initiated coverage of Akamai Technologies, Inc. (NASDAQ: AKAM) with a Neutral rating. The price target for Akamai Technologies is set to $50. Akamai Technologies shares closed at $47.62 on Wednesday.
  • Stephens & Co initiated coverage of ServiceNow Inc (NYSE: NOW) with an Overweight rating. The price target for ServiceNow is set to $120. ServiceNow shares closed at $103.00 on Wednesday.
  • Analysts at JMP Securities initiated coverage on Clearside Biomedical Inc (NASDAQ: CLSD) with a Market Outperform rating. The price target for Clearside Biomedical is set to $21. Clearside Biomedical shares closed at $7.54 on Wednesday.
  • Raymond James initiated coverage on Viveve Medical Inc (NASDAQ: VIVE) with an Outperform rating. The price target for Viveve Medical is set to $10. Viveve Medical shares closed at $6.95 on Wednesday.
  • Analysts at Citigroup initiated coverage on NCS Multistage Holdings Inc (NASDAQ: NCSM) with a Buy rating. NCS Multistage shares closed at $24.77 on Wednesday.
  • Analysts at Piper Jaffray initiated coverage on Kellogg Company (NYSE: K) with an Overweight rating. The price target for Kellogg is set to $78. Kellogg shares closed at $72.52 on Wednesday.
  • Keefe Bruyette & Woods initiated coverage on Pra Group Inc (NASDAQ: PRAA) with an Outperform rating. The price target for Pra Group is set to $40. Pra Group shares closed at $34.75 on Wednesday.
  • Oppenheimer initiated coverage on MEI Pharma Inc (NASDAQ: MEIP) with an Outperform rating. The price target for MEI Pharma is set to $6.50. MEI Pharma shares closed at $1.67 on Wednesday.
  • Analysts at Bernstein initiated coverage on Rockwell Collins, Inc. (NYSE: COL) with an Outperform rating. The price target for Rockwell Collins is set to $129. Rockwell Collins shares closed at $103.96 on Wednesday.
  • Piper Jaffray initiated coverage on Philip Morris International Inc. (NYSE: PM) with an Overweight rating. The price target for Philip Morris is set to $131. Philip Morris shares closed at $117.43 on Wednesday.

Latest Ratings for PBYI

DateFirmActionFromTo
Jun 2020B of A SecuritiesReinstatesUnderperform
May 2020Cantor FitzgeraldMaintainsNeutral
Dec 2019H.C. WainwrightInitiates Coverage OnBuy

View More Analyst Ratings for PBYI
View the Latest Analyst Ratings

 

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

Latest Ratings

StockFirmActionPT
TRPWells FargoMaintains73.0
ZNGAWells FargoMaintains12.5
WDCWells FargoMaintains55.0
USACWells FargoMaintains12.0
TPVGWells FargoMaintains11.8
View the Latest Analytics Ratings
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