Benzinga's Top Upgrades, Downgrades For July 11, 2017

Top Upgrades

  • Analysts at William Blair upgraded AGCO Corporation AGCO from Market Perform to Outperform. AGCO shares rose 1.01 percent to $70.00 in pre-market trading.
  • Evercore ISI upgraded Westar Energy Inc WR from In-Line to Outperform. Westar Energy shares dropped 5.12 percent to close at $50.41 on Monday.
  • BMO Capital upgraded Baxter International Inc BAX from Market Perform to Outperform. Baxter shares fell 0.28 percent to close at $60.55 on Monday.
  • Analysts at JP Morgan upgraded STMicroelectronics NV (ADR) STM from Neutral to Overweight. STMicroelectronics shares rose 0.65 percent to $15.51 in pre-market trading.
  • Analysts at Barclays upgraded Exxon Mobil Corporation XOM from Equal-Weight to Overweight. Exxon Mobil shares rose 0.41 percent to $80.49 in pre-market trading.
  • Keefe Bruyette & Woods upgraded KeyCorp KEY from Market Perform to Outperform. KeyCorp shares gained 0.47 percent to $19.38 in pre-market trading.
  • JMP Securities upgraded Enanta Pharmaceuticals Inc ENTA from Market Perform to Market Outperform. Enanta Pharmaceuticals shares fell 6.41 percent to close at $33.42 on Monday.
  • Analysts at Jefferies upgraded M&T Bank Corporation MTB from Hold to Buy. M&T Bank shares fell 0.45 percent to close at $164.36 on Monday.


Top Downgrades

  • Analysts at Deutsche Bank downgraded Charles Schwab Corp SCHW from Buy to Hold. Charles Schwab shares fell 0.78 percent to $43.29 in pre-market trading.
  • Barclays downgraded Toll Brothers Inc TOL from Equal-Weight to Underweight. Toll Brothers shares fell 2.32 percent to $40.00 in pre-market trading.
  • Analysts at UBS downgraded Patterson Companies, Inc. PDCO from Neutral to Sell. Patterson shares fell 1.25 percent to $43.45 in pre-market trading.
  • Morgan Stanley downgraded Snap Inc SNAP from Overweight to Equal-Weight. Snap shares dropped 4.18 percent to $16.28 in pre-market trading.
  • Craig-Hallum downgraded Petmed Express Inc PETS from Buy to Hold. PetMed Express shares slipped 2.64 percent to $39.44 in pre-market trading.
  • Wells Fargo downgraded Whole Foods Market, Inc. WFM from Outperform to Market Perform. Whole Foods shares dropped 0.02 percent to $41.84 in pre-market trading.
  • Barclays downgraded Lennar Corporation LEN from Overweight to Equal-Weight. Lennar shares fell 0.55 percent to $54.30 in pre-market trading.
  • Piper Jaffray downgraded Guaranty Bancorp GBNK from Overweight to Neutral. Guaranty Bancorp shares dropped 1.08 percent to close at $27.40 on Monday.
  • H.C. Wainwright downgraded Inotek Pharmaceuticals Corp ITEK from Buy to Neutral. Inotek Pharmaceuticals shares rose 8.41 percent to $1.030 in pre-market trading.
  • Imperial Capital downgraded ClubCorp Holdings Inc MYCC from Outperform to In-Line. ClubCorp shares gained 0.29 percent to $17.10 in pre-market trading.


Top Initiations

  • Stephens & Co. initiated coverage of Sientra Inc SIEN with an Overweight rating. The price target for Sientra is set to $12. Sientra shares closed at $9.50 on Monday.
  • Analysts at Canaccord Genuity initiated coverage on HMS Holdings Corp HMSY with a Buy rating. The price target for HMS Holdings is set to $22. HMS Holdings shares closed at $18.46 on Monday.
  • Jefferies assumed coverage on Biogen Inc BIIB with a Hold rating. The price target for Biogen is set to $310. Biogen shares closed at $273.58 on Monday.
  • Analysts at Wedbush initiated coverage on Cheesecake Factory Inc CAKE with an Outperform rating. The price target for Cheesecake Factory is set to $57. Cheesecake Factory shares closed at $48.98 on Monday.
  • Analysts at H.C. Wainwright initiated coverage on DENTSPLY SIRONA Inc XRAY with a Buy rating. The price target for DENTSPLY SIRONA is set to $74. DENTSPLY SIRONA shares closed at $64.24 on Monday.
  • Rodman & Renshaw initiated coverage on Fortress Biotech Inc FBIO with a Buy rating. The price target for Fortress Biotech is set to $11. Fortress Biotech shares closed at $4.53 on Monday.
  • DA Davidson initiated coverage on Graphic Packaging Holding Company GPK with a Buy rating. The price target for Graphic Packaging is set to $17.50. Graphic Packaging shares closed at $13.81 on Monday.
  • Jefferies assumed coverage on Gilead Sciences, Inc. GILD with a Hold rating. The price target for Gilead Sciences is set to $80. Gilead Sciences shares closed at $69.29 on Monday.
  • Analysts at HSBC initiated coverage of Citigroup Inc C with a Hold rating. The price target for Citigroup is set to $71. Citigroup shares closed at $67.65 on Monday.
  • Analysts at MKM Partners initiated coverage on Coach Inc COH with a Buy rating. The price target for Coach is set to $59. Coach shares closed at $47.57 on Monday.
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