Benzinga's Top Upgrades, Downgrades For June 5, 2017

Top Upgrades

  • UBS upgraded State Street Corp STT from Neutral to Buy. State Street shares fell 0.17 percent to close at $82.68 on Friday.
  • Analysts at SunTrust Robinson Humphrey upgraded Curtiss-Wright Corp. CW from Hold to Buy. Curtiss-Wright shares gained 0.33 percent to close at $90.91 on Friday.
  • Analysts at Bank of America upgraded Yelp Inc YELP from Neutral to Buy. Yelp shares rose 2.64 percent to $29.55 in pre-market trading.
  • Baird upgraded SunTrust Banks, Inc. STI from Underperform to Neutral. SunTrust Banks shares fell 1.22 percent to close at $53.49 on Friday.
  • Analysts at Baird upgraded Navistar International Corp NAV from Neutral to Outperform. Navistar shares gained 1.01 percent to $26.01 in pre-market trading.
  • HSBC upgraded Chevron Corporation CVX from Hold to Buy. Chevron shares gained 0.51 percent to $103.64 in pre-market trading.
  • Analysts at Cowen & Co. upgraded Helix Energy Solutions Group Inc HLX from Market Perform to Outperform. Helix Energy shares rose 5.10 percent to $5.15 in pre-market trading.
  • Susquehanna upgraded Skechers USA Inc SKX from Neutral to Positive. Skechers shares rose 2.42 percent to $27.05 in pre-market trading.
  • Oppenheimer upgraded Gap Inc GPS from Perform to Outperform. Gap shares climbed 1.95 percent to $23.00 in pre-market trading.
  • Citigroup upgraded Loxo Oncology Inc LOXO from Neutral to Buy. Loxo Oncology shares surged 40.8 percent to $68.95 in pre-market trading.


Top Downgrades

  • Cowen & Co. downgraded Endocyte, Inc. ECYT from Outperform to Market Perform. Endocyte shares fell 30.04 percent to close at $1.91 on Friday.
  • Morgan Stanley downgraded Veeva Systems Inc VEEV from Overweight to Equal-Weight. Veeva shares dropped 1.42 percent to $65.75 in pre-market trading.
  • Citigroup downgraded Federated Investors Inc FII from Neutral to Sell. Federated Investors shares slipped 0.15 percent to close at $26.94 on Friday.
  • Pacific Crest downgraded Apple Inc. AAPL from Overweight to Sector Weight. Apple shares slipped 0.86 percent to $154.12 in pre-market trading.
  • RBC Capital downgraded Perrigo Company plc PRGO from Sector Perform to Underperform. Perrigo shares fell 3.23 percent to $71.07 in pre-market trading.
  • Wedbush downgraded Endocyte, Inc. ECYT from Outperform to Neutral. Endocyte shares dropped 30.04 percent to $1.91 in pre-market trading.


Top Initiations

  • Evercore ISI Group initiated coverage on Invitation Homes Inc INVH with an Outperform rating. The price target for Invitation Homes is set to $24. Invitation Homes shares closed at $21.93 on Friday.
  • Analysts at Pacific Crest initiated coverage of Juniper Networks, Inc. JNPR with a Sector Weight rating. Juniper Networks shares closed at $30.03 on Friday.
  • Roth Capital initiated coverage of NovaBay Pharmaceuticals, Inc. NBY with a Buy rating. The price target for NovaBay Pharmaceuticals is set to $5.50. NovaBay Pharmaceuticals shares closed at $2.40 on Friday.
  • Analysts at Piper Jaffray initiated coverage on Leggett & Platt, Inc. LEG with an Overweight rating. The price target for Leggett & Platt is set to $59. Leggett & Platt shares closed at $52.46 on Friday.
  • JP Morgan initiated coverage on Five Point Holdings LLC FPH with a Neutral rating. The price target for Five Point Holdings is set to $18. Five Point Holdings shares closed at $15.70 on Friday.
  • Analysts at Argus initiated coverage on Hilton Worldwide Holdings Inc HLT with a Buy rating. The price target for Hilton Worldwide is set to $80. Hilton Worldwide shares closed at $67.41 on Friday.
  • Analysts at RBC Capital initiated coverage on Five Point Holdings LLC FPH with an Outperform rating. The price target for Five Point is set to $19. Five Point Holdings shares closed at $15.70 on Friday.
  • Susquehanna initiated coverage on Keane Group Inc FRAC with a Neutral rating. The price target for Keane Group is set to $17. Keane Group shares closed at $15.59 on Friday.

Posted In: Construction & Farm Machinery & Heavy TrucksConsumer DiscretionaryDowngradesHome FurnishingsIndustrialsInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings

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