Market Overview

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

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Top Upgrades

  • Analysts at KeyBanc upgraded Oracle Corporation (NYSE: ORCL) from Sector Weight to Overweight. Oracle shares rose 0.79 percent to $49.75 in pre-market trading.
  • Analysts at Argus upgraded PPG Industries, Inc. (NYSE: PPG) from Hold to Buy. PPG shares rose 0.58 percent to close at $110.61 on Monday.
  • Bernstein upgraded BHP Billiton Limited (ADR) (NYSE: BHP) from Market Perform to Outperform. BHP Billiton shares gained 2.93 percent to $37.24 in pre-market trading.
  • Citigroup upgraded Chemours Co (NYSE: CC) from Neutral to Buy. Chemours shares gained 2.36 percent to $39.00 in pre-market trading.
  • Analysts at Stifel Nicolaus upgraded Teradyne, Inc. (NYSE: TER) from Hold to Buy. Teradyne shares fell 1.13 percent to close at $29.69 on Monday.
  • BMO Capital upgraded ONEOK, Inc. (NYSE: OKE) from Market Perform to Outperform. ONEOK shares gained 0.23 percent to $52.15 in pre-market trading.
  • JPMorgan upgraded CNOOC Ltd (ADR) (NYSE: CEO) from Neutral to Overweight. CNOOC shares rose 0.22 percent to close at $109.65 on Monday.
  • Analysts at Needham & Company upgraded Teledyne Technologies Incorporated (NYSE: TDY) from Hold to Buy. Teledyne shares rose 0.36 percent to close at $128.11 on Monday.


Top Downgrades

  • Analysts at Bank of America downgraded Weyerhaeuser Co (NYSE: WY) from Buy to Neutral. Weyerhaeuser shares gained 0.57 percent to close at $33.69 on Monday.
  • Stephens & Co. downgraded Buffalo Wild Wings (NASDAQ: BWLD) from Overweight to Equal-Weight. Buffalo Wild Wings shares fell 0.31 percent to $127.75 in pre-market trading.
  • Citigroup downgraded GlaxoSmithKline plc (ADR) (NYSE: GSK) from Buy to Neutral. GlaxoSmithKline shares fell 1.17 percent to $42.27 in pre-market trading.
  • Analysts at RBC Capital downgraded EQT Corporation (NYSE: EQT) from Outperform to Sector Perform. EQT shares rose 1.98 percent to close at $59.75 on Monday.
  • Wedbush downgraded Capital One Financial Corp. (NYSE: COF) from Neutral to Underperform. Capital One shares dropped 0.43 percent to $83.20 in pre-market trading.
  • Credit Suisse downgraded Novartis AG (ADR) (NYSE: NVS) from Neutral to Underperform. Novartis shares slipped 1.60 percent to $82.25 in pre-market trading.
  • Needham & Company downgraded Bankrate Inc (NYSE: RATE) from Buy to Hold. Bankrate shares climbed 8.56 percent to close at $13.95 on Monday.


Top Initiations

  • DA Davidson initiated coverage of Alcentra Capital Corp (NASDAQ: ABDC) with a Buy rating. The price target for Alcentra Capital is set to $15. Alcentra Capital shares closed at $13.28 on Monday.
  • Barclays reinstated coverage on Delek US Energy Inc (NYSE: DK) with an Equal-Weight rating. The price target for Delek US Energy is set to $28. Delek US Energy shares closed at $26.56 on Monday.
  • Analysts at Morgan Stanley reinstated coverage on Pandora Media Inc (NYSE: P) with an Overweight rating. The price target for Pandora is set to $12. Pandora shares closed at $8.77 on Monday.
  • Analysts at Barclays reinstated coverage on Alon USA Partners LP (NYSE: ALDW) with an Equal-Weight rating. The price target for Alon USA Partners is set to $12. Alon USA Partners shares closed at $10.49 on Monday.
  • Credit Suisse reinstated coverage on Two Harbors Investment Corp (NYSE: TWO) with an Outperform rating. The price target for Two Harbors is set to $10.50. Two Harbors shares closed at $10.02 on Monday.

Latest Ratings for PPG

DateFirmActionFromTo
Aug 2019DowngradesNeutralUnderperform
Jul 2019MaintainsOutperform
Jul 2019MaintainsEqual-Weight

View More Analyst Ratings for PPG
View the Latest Analyst Ratings

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

 

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StockFirmActionPT
DEReiterates175.0
AMWDMaintains92.0
FTDRMaintains55.0
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