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

Top Upgrades

  • Morgan Stanley upgraded Carnival Corp 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 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 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 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) 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. 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 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) 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. 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 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 RGC from Outperform to Sector Perform. Regal Entertainment shares fell 0.35 percent to $22.60 in pre-market trading.
  • Mizuho downgraded Edison International 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. 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 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. HSIC from Equal-Weight to Underweight. Henry Schein shares fell 2.12 percent to $69.59 in pre-market trading.
  • Argus downgraded Aetna Inc 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. 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 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 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 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 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 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 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 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. 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 SBBP with an Overweight rating. The price target for Strongbridge Biopharma is set to $14. Strongbridge Biopharma closed at $6.40 on Tuesday.
Posted In: Aerospace & DefenseDowngradesIndustrialsInitiationstop upgradesUpgradesDowngradesInitiationPre-Market OutlookAnalyst Ratings