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

Top Upgrades

  • Bank of America upgraded Werner Enterprises, Inc WERN from Underperform to Neutral. Werner shares closed at $29.20 on Monday.
  • Morgan Stanley upgraded Atlassian Corporation PLC TEAM from Equal-Weight to Overweight. Atlassian shares closed at $36.41 on Monday.
  • Analysts at Keefe Bruyette & Woods upgraded South State Corporation SSB from Market Perform to Outperform. South State shares closed at $83.90 on Monday.
  • Analysts at Deutsche Bank upgraded DSW Inc. DSW from Hold to Buy. DSW shares climbed 1.76 percent to $16.77 in pre-market trading.
  • Analysts at Piper Jaffray upgraded Mondelez International Inc MDLZ from Neutral to Overweight. Mondelez shares closed at $43.75 on Monday.
  • Analysts at Deutsche Bank upgraded Big Lots, Inc. BIG from Hold to Buy. Big Lots shares closed at $47.56 on Monday.
  • Raymond James upgraded Sierra Bancorp BSRR from Market Perform to Outperform. Sierra Bancorp shares closed at $24.15 on Monday.


Top Downgrades

  • Analysts at Deutsche Bank downgraded Under Armour Inc UAA from Hold to Sell. Under Armour shares fell 1.87 percent to $19.89 in pre-market trading.
  • Stifel Nicolaus downgraded Lululemon Athletica inc. LULU from Buy to Hold. Lululemon shares closed at $62.02 on Monday.
  • SunTrust Robinson Humphrey downgraded WebMD Health Corp. WBMD from Buy to Hold. WebMD shares closed at $66.10 on Monday.
  • Analysts at Raymond James downgraded Spectranetics Corp SPNC from Outperform to Market Perform. Spectranetics shares closed at $38.50 on Monday.
  • Deutsche Bank downgraded Power Integrations Inc POWI from Buy to Hold. Power Integrations shares closed at $81.75 on Monday.
  • B. Riley downgraded Cytori Therapeutics Inc CYTX from Buy to Neutral. Cytori Therapeutics shares rose 2.13 percent to $0.490 in pre-market trading.
  • Baird downgraded Monogram Residential Trust Inc MORE from Outperform to Neutral. Monogram Residential shares closed at $11.95 on Monday.


Top Initiations

  • Analysts at William Blair initiated coverage on Tintri Inc TNTR with an Outperform rating. Tintri shares closed at $6.95 on Monday.
  • Bank of America initiated coverage on Byline Bancorp Inc BY with a Buy rating. The price target for Byline Bancorp is set to $25. Byline Bancorp shares closed at $20.85 on Monday.
  • Needham initiated coverage of Mimecast Ltd MIME with a Buy rating. The price target for Mimecast is set to $33. Mimecast shares closed at $26.92 on Monday.
  • Cantor Fitzgerald initiated coverage on U.S. Physical Therapy, Inc. USPH with an Overweight rating. The price target for U.S. Physical Therapy is set to $72. U.S. Physical Therapy shares closed at $62.80 on Monday.
  • Analysts at Baird initiated coverage on Blue Buffalo Pet Products Inc BUFF with a Neutral rating. The price target for Blue Buffalo is set to $23. Blue Buffalo shares closed at $23.11 on Monday.
  • Citigroup initiated coverage on e.l.f. Beauty Inc ELF with a Buy rating. The price target for e.l.f. Beauty is set to $30. e.l.f. Beauty shares closed at $25.40 on Monday.
  • Analysts at JMP Securities initiated coverage on Western Asset Mortgage Capital Corp WMC with a Market Perform rating. Western Asset Mortgage shares closed at $10.25 on Monday.
  • DA Davidson initiated coverage on Gladstone Commercial Corporation GOOD with a Buy rating. The price target for Gladstone Commercial is set to $24. Gladstone Commercial shares closed at $20.27 on Monday.
  • Analysts at Needham initiated coverage of Hortonworks Inc HDP with a Buy rating. The price target for Hortonworks is set to $25. Hortonworks shares closed at $13.04 on Monday.
  • Analysts at KeyBanc initiated coverage on Tintri Inc TNTR with an Overweight rating. The price target for Tintri is set to $9. Tintri shares closed at $6.95 on Monday.

Posted In: Apparel, Accessories & Luxury GoodsConsumer DiscretionaryDowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings