Market Overview

Benzinga's Top Upgrades, Downgrades For December 6, 2017

Share:

Top Upgrades

  • Morgan Stanley upgraded Carnival Corp (NYSE: CCL) from Underweight to Equal-Weight. Carnival shares gained 0.97 percent to $66.58 in pre-market trading.
  • Deutsche Bank upgraded American International Group Inc (NYSE: AIG) from Sell to Hold. American International shares gained 0.44 percent to close at $59.53 on Tuesday.
  • Analysts at RBC Capital upgraded L3 Technologies Inc (NYSE: LLL) from Sector Perform to Outperform. L3 Technologies shares rose 1.08 percent to close at $195.05 on Tuesday.
  • Bernstein upgraded Express Scripts Holding Co (NASDAQ: ESRX) from Underperform to Market Perform. Express Scripts shares rose 1.27 percent to $68.70 in pre-market trading.
  • Analysts at Morgan Stanley upgraded Ternium SA (ADR) (NYSE: TX) from Equal-Weight to Overweight. Ternium shares rose 0.43 percent to $28.11 in pre-market trading.
  • SunTrust Robinson Humphrey upgraded Brown & Brown, Inc. (NYSE: BRO) from Hold to Buy. Brown & Brown shares fell 1.20 percent to close at $50.95 on Tuesday.
  • Analysts at Moffett Nathanson upgraded Regal Entertainment Group (NYSE: RGC) from Sell to Neutral. Regal Entertainment shares fell 0.35 percent to $22.60 in pre-market trading.
  • Bank of America upgraded Novo Nordisk A/S (ADR) (NYSE: NVO) from Neutral to Buy. Novo Nordisk shares rose 2.88 percent to $52.16 in pre-market trading.


Top Downgrades

  • UBS downgraded Marsh & McLennan Companies, Inc. (NYSE: MMC) from Buy to Neutral. Marsh & McLennan shares fell 0.41 percent to $84.66 in pre-market trading.
  • Analysts at Raymond James downgraded Bloomin' Brands Inc (NASDAQ: BLMN) from Outperform to Market Perform. Bloomin Brands shares rose 1.22 percent to close at $22.42 on Tuesday.
  • RBC Capital downgraded Regal Entertainment Group (NYSE: RGC) from Outperform to Sector Perform. Regal Entertainment shares fell 0.35 percent to $22.60 in pre-market trading.
  • Mizuho downgraded Edison International (NYSE: EIX) from Buy to Neutral. Edison International shares slipped 3.27 percent to $67.71 in pre-market trading.
  • Morgan Stanley downgraded Patterson Companies, Inc. (NASDAQ: PDCO) from Equal-Weight to Underweight. Patterson Companies shares fell 3.63 percent to $35.00 in pre-market trading.
  • KeyBanc downgraded Toll Brothers Inc (NYSE: TOL) from Overweight to Sector Weight. Toll Brothers shares rose 0.36 percent to $47.10 in pre-market trading.
  • Analysts at Morgan Stanley downgraded Henry Schein, Inc. (NASDAQ: HSIC) from Equal-Weight to Underweight. Henry Schein shares fell 2.12 percent to $69.59 in pre-market trading.
  • Argus downgraded Aetna Inc (NYSE: AET) from Buy to Hold. Aetna shares dropped 0.50 percent to $177.80 in pre-market trading.


Top Initiations

  • JP Morgan initiated coverage on World Wrestling Entertainment, Inc. (NYSE: WWE) with an Overweight rating. The price target for WWE is set to $37. World Wrestling Entertainment shares closed at $28.77 on Tuesday.
  • Analysts at Stifel Nicolaus initiated coverage on Boston Beer Company Inc (NYSE: SAM) with a Hold rating. The price target for Boston Beer is set to $166. Boston Beer shares closed at $184.40 on Tuesday.
  • Stephens & Co. initiated coverage on Hexcel Corporation (NYSE: HXL) with an Overweight rating. The price target for Hexcel is set to $74. Hexcel shares closed at $59.78 on Tuesday.
  • Oppenheimer initiated coverage on Varonis Systems Inc (NASDAQ: VRNS) with an Outperform rating. The price target for Varonis Systems is set to $57. Varonis Systems shares closed at $48.15 on Tuesday.
  • Stifel Nicolaus initiated coverage on MGP Ingredients Inc (NASDAQ: MGPI) with a Hold rating. The price target for MGP Ingredients is set to $73. MGP Ingredients shares closed at $74.91 on Tuesday.
  • Analysts at Argus initiated coverage on Owens Corning (NYSE: OC) with a Buy rating. The price target for Owens Corning is set to $109. Owens Corning shares closed at $88.90 on Tuesday.
  • Analysts at Compass Point initiated coverage on Ares Capital Corporation (NASDAQ: ARCC) with a Buy rating. The price target for Ares Capital is set to $17.50. Ares Capital shares closed at $16.10 on Tuesday.
  • Analysts at Susquehanna initiated coverage on Alibaba Group Holding Ltd (NYSE: BABA) with a Positive rating. The price target for Alibaba is set to $220. Alibaba shares closed at $168.96 on Tuesday.
  • Wells Fargo initiated coverage on Applied Materials, Inc. (NASDAQ: AMAT) with an Outperform rating. The price target for Applied Materials is set to $65. Applied Materials shares closed at $50.08 on Tuesday.
  • Analysts at Cantor Fitzgerald initiated coverage on Strongbridge Biopharma plc (NASDAQ: SBBP) with an Overweight rating. The price target for Strongbridge Biopharma is set to $14. Strongbridge Biopharma closed at $6.40 on Tuesday.
 

Related Articles (AET + AIG)

View Comments and Join the Discussion!

Posted-In: Downgrades Initiations top upgradesUpgrades Downgrades Initiation Pre-Market Outlook Analyst Ratings

Latest Ratings

StockFirmActionPT
BIIBRBC CapitalMaintains277.0
RLICompass PointInitiates Coverage On90.0
CSCOWolfe ResearchDowngrades42.0
NKEBarclaysMaintains132.0
GILDRBC CapitalMaintains86.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com