Benzinga's Top Upgrades, Downgrades For June 15, 2017

Top Upgrades

  • Goldman Sachs upgraded PACCAR Inc PCAR from Neutral to Buy. PACCAR shares rose 0.08 percent to $63.94 in pre-market trading.
  • Analysts at DA Davidson upgraded TransMontaigne Partners L.P. TLP from Neutral to Buy. TransMontaigne Partners shares fell 2.25 percent to close at $39.60 on Wednesday.
  • Morgan Stanley upgraded La Quinta Holdings Inc LQ from Equal-Weight to Overweight. La Quinta shares gained 1.16 percent to $14.81 in pre-market trading.
  • Analysts at Macquarie upgraded Thomson Reuters Corp TRI from Neutral to Outperform. Thomson Reuters shares rose 0.54 percent to $44.83 in pre-market trading.
  • Analysts at Morgan Stanley upgraded Enterprise Products Partners L.P. EPD from Equal-Weight to Overweight. Enterprise Products Partners shares fell 0.26 percent to $26.40 in pre-market trading.
  • Wedbush upgraded Beazer Homes USA, Inc. BZH from Neutral to Outperform. Beazer Homes shares gained 0.57 percent to close at $12.31 on Wednesday.


Top Downgrades

  • DA Davidson downgraded Mattel, Inc. MAT from Buy to Neutral. Mattel shares fell 1.13 percent to $21.90 in pre-market trading.
  • JP Morgan downgraded Brinker International, Inc. EAT from Overweight to Neutral. Brinker shares rose 1.74 percent to close at $40.95 on Wednesday.
  • Canaccord Genuity downgraded Eldorado Gold Corp (USA) EGO from Buy to Speculative Buy. Eldorado Gold shares fell 1.12 percent to $2.66 in pre-market trading.
  • Macquarie downgraded Time Inc TIME from Outperform to Neutral. Time shares fell 3.57 percent to $13.50 in pre-market trading.
  • Goldman Sachs downgraded Terex Corporation TEX from Buy to Neutral. Terex shares declined 1.05 percent to $35.82 in pre-market trading.
  • B. Riley downgraded Rightside Group Ltd NAME from Buy to Neutral. Rightside shares rose 10.26 percent to close at $10.75 on Wednesday.
  • Analysts at Canaccord Genuity downgraded Alphabet Inc GOOGL from Buy to Hold. Alphabet shares fell 1.63 percent to $952.11 in pre-market trading.
  • Morgan Stanley downgraded Sprouts Farmers Market Inc SFM from Overweight to Equal-Weight. Sprouts Farmers shares fell 1.37 percent to $24.40 in pre-market trading.
  • Analysts at Jefferies downgraded Healthcare Realty Trust Inc HR from Buy to Hold. Healthcare Realty Trust shares rose 0.74 percent to close at $35.47 on Wednesday.
  • Guggenheim downgraded 8Point3 Energy Partners LP CAFD from Buy to Neutral. 8point3 Energy Partners shares gained 0.58 percent to close at $13.76 on Wednesday.


Top Initiations

  • Wells Fargo initiated coverage on GrubHub Inc GRUB with a Market Perform rating. The price target for GrubHub is set to $45. GrubHub shares closed at $43.75 on Wednesday.
  • Cowen & Co. initiated coverage on Ultra Clean Holdings Inc UCTT with a Market Perform rating. The price target for Ultra Clean is set to $26. Ultra Clean shares closed at $21.82 on Wednesday.
  • JP Morgan initiated coverage of Park Hotels & Resorts Inc PK with an Overweight rating. The price target for Park Hotels & Resorts is set to $30. Park Hotels & Resorts shares closed at $27.86 on Wednesday.
  • Raymond James initiated coverage on NCS Multistage Holdings Inc NCSM with an Outperform rating. The price target for NCS Multistage is set to $30. NCS Multistage shares closed at $25.90 on Wednesday.
  • BTIG Research initiated coverage on ARRIS International plc ARRS with a Buy rating. The price target for ARRIS is set to $38. ARRIS shares closed at $28.65 on Wednesday.
  • Analysts at Janney Capital initiated coverage of U.S. Silica Holdings Inc SLCA with a Buy rating. The price target for U.S. Silica is set to $51. U.S. Silica shares closed at $34.62 on Wednesday.
  • Analysts at Cantor Fitzgerald initiated coverage on Arena Pharmaceuticals, Inc. ARNA with an Overweight rating. The price target for Arena Pharmaceuticals is set to $4. Arena Pharmaceuticals shares closed at $1.35 on Wednesday.
  • Analysts at H.C. Wainwright initiated coverage on Achaogen Inc AKAO with a Buy rating. The price target for Achaogen is set to $29. Achaogen shares closed at $22.11 on Wednesday.
  • Analysts at Deutsche Bank initiated coverage on Yatra Online Inc YTRA with a Buy rating. The price target for Yatra Online is set to $15. Yatra Online shares closed at $10.32 on Wednesday.
  • Analysts at JP Morgan initiated coverage on Advanced Accelerator Application SA(ADR) AAAP with an Overweight rating. The price target for Advanced Accelerator Application is set to $50. Advanced Accelerator Application shares closed at $36.06 on Wednesday.

Posted In: Consumer DiscretionaryDowngradesInitiationsLeisure Productstop upgradesUpgradesDowngradesInitiationAnalyst Ratings

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