Benzinga's Top Upgrades, Downgrades For August 4, 2017

Top Upgrades

  • Wells Fargo upgraded Kennametal Inc. KMT from Market Perform to Outperform. Kennametal shares fell 5.14 percent to close at $35.47 on Thursday.
  • JP Morgan upgraded 3D Systems Corporation DDD from Underweight to Neutral. 3D Systems shares rose 1.57 percent to $13.60 in pre-market trading.
  • Analysts at Bank of America upgraded Activision Blizzard, Inc. ATVI from Neutral to Buy. Activision shares fell 1.67 percent to $62.90 in pre-market trading.
  • Analysts at William Blair upgraded Arista Networks Inc ANET from Market Perform to Outperform. Arista shares gained 14.89 percent to $165.50 in pre-market trading.
  • JP Morgan upgraded Kellogg Company K from Neutral to Overweight. Kellogg shares gained 0.90 percent to $70.99 in pre-market trading.
  • Analysts at Raymond James upgraded GoPro Inc GPRO from Underperform to Market Perform. GoPro shares gained 17.2 percent to $9.68 in pre-market trading.
  • Analysts at Loop Capital upgraded Cognizant Technology Solutions Corp CTSH from Hold to Buy. Cognizant shares rose 2.09 percent to close at $69.95 on Thursday.
  • Baird upgraded Boot Barn Holdings Inc BOOT from Neutral to Outperform. Boot Barn shares fell 6.56 percent to close at $8.55 on Thursday.
  • Craig-Hallum upgraded Synaptics, Incorporated SYNA from Hold to Buy. Synaptics shares fell 11.22 percent to $44.87 in pre-market trading.
  • Jefferies upgraded EZCORP Inc EZPW from Hold to Buy. EZCORP shares rose 4.76 percent to $8.80 in pre-market trading.


Top Downgrades

  • Morgan Stanley downgraded Electronics For Imaging, Inc. EFII from Equal-Weight to Underweight. Electronics for Imaging shares fell 34.96 percent to $31.00 in pre-market trading.
  • Nomura downgraded Ford Motor Company F from Buy to Neutral. Ford shares fell 0.09 percent to $10.92 in pre-market trading.
  • Analysts at Cowen & Co. downgraded Teva Pharmaceutical Industries Ltd (ADR) TEVA from Outperform to Market Perform. Teva shares fell 2.61 percent to $23.13 in pre-market trading.
  • Deutsche Bank downgraded Avon Products, Inc. AVP from Buy to Hold. Avon shares fell 0.33 percent to $2.99 in pre-market trading.
  • Susquehanna downgraded TreeHouse Foods Inc. THS from Positive to Neutral. Treehouse shares fell 11.98 percent to close at $74.16 on Thursday.
  • Analysts at Barclays downgraded Commscope Holding Company Inc COMM from Overweight to Equal-Weight. CommScope shares fell 9.73 percent to close at $33.545 4 on Thursday.
  • Ladenburg Thalmann downgraded CombiMatrix Corp CBMX from Buy to Neutral. CombiMatrix shares fell 0.68 percent to $7.30 in pre-market trading.
  • Atlantic Equities downgraded Viacom, Inc. VIAB from Neutral to Underweight. Viacom shares declined 9.38 percent to $31.78 in pre-market trading.
  • Compass Point downgraded Global Payments Inc GPN from Buy to Neutral. Global Payments shares fell 0.27 percent to close at $95.15 on Thursday.
  • DA Davidson downgraded Fluor Corporation (NEW) FLR from Buy to Neutral. Fluor shares dropped 10.21 percent to $39.38 in pre-market trading.


Top Initiations

  • Analysts at Roth Capital initiated coverage on Amtech Systems, Inc. ASYS with a Buy rating. The price target for Amtech is set to $12. Amtech shares closed at $8.22 on Thursday.
  • Oppenheimer initiated coverage on Global Blood Therapeutics Inc GBT with an Outperform rating. The price target for Global Blood Therapeutics is set to $53. Global Blood Therapeutics shares closed at $27.20 on Thursday.
  • JP Morgan initiated coverage on Avis Budget Group Inc. CAR with an Overweight rating. The price target for Avis Budget is set to $39. Avis Budget shares closed at $30.91 on Thursday.
  • Wedbush initiated coverage of International Business Machines Corp. IBM with a Neutral rating. The price target for IBM is set to $155. IBM shares closed at $144.94 on Thursday.
  • JP Morgan initiated coverage on Hertz Global Holdings, Inc HTZ with a Neutral rating. The price target for Hertz Global is set to $15. Hertz Global shares closed at $12.98 on Thursday.
  • Analysts at Oppenheimer initiated coverage on Sorrento Therapeutics Inc SRNE with an Outperform rating. The price target for Sorrento Therapeutics is set to $7. Sorrento Therapeutics shares closed at $1.70 on Thursday.
  • Analysts at Wedbush initiated coverage on Total System Services, Inc. TSS with an Outperform rating. The price target for Total System Services is set to $72. Total System Services shares closed at $63.72 on Thursday.

Posted In: DowngradesInitiationstop upgradesUpgradesDowngradesReiterationAnalyst Ratings

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.