Market Overview

Benzinga's Top Upgrades, Downgrades For May 1, 2018

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Top Upgrades

  • Citigroup upgraded Eversource Energy (NYSE: ES) from Sell to Neutral. Eversource Energy shares fell 0.61 percent close at $60.25 on Monday.
  • BMO Capital upgraded Thor Industries, Inc. (NYSE: THO) from Market Perform to Outperform. Thor Industries shares rose 1.32 percent to $107.55 in pre-market trading.
  • SunTrust Robinson Humphrey upgraded Marriott Vacations Worldwide Corporation (NYSE: VAC) from Hold to Buy. Marriott Vacations shares fell 8.79 percent to close at $122.61 on Monday.
  • Analysts at Raymond James upgraded Harmonic Inc. (NASDAQ: HLIT) from Underperform to Market Perform. Harmonic shares rose 8.22 percent to $3.95 in pre-market trading.
  • SunTrust Robinson Humphrey upgraded Appian Corporation (NASDAQ: APPN) from Hold to Buy. Appian shares rose 3.47 percent to $28.05 in pre-market trading.
  • Raymond James upgraded Magellan Health, Inc. (NASDAQ: MGLN) from Market Perform to Outperform. Magellan Health shares rose 3.01 percent to close at $83.85 on Monday.
  • Stifel Nicolaus upgraded Saia, Inc. (NASDAQ: SAIA) from Hold to Buy. Saia shares fell 1.64 percent to close at $66.05 on Monday.
  • Barclays upgraded Boyd Gaming Corporation (NYSE: BYD) from Equal-Weight to Overweight. Boyd Gaming shares rose 3.04 percent to $34.22 in pre-market trading.
  • Jefferies upgraded Sprint Corporation (NYSE: S) from Underperform to Hold. Sprint shares fell 0.09 percent to close at $5.60 on Monday.
  • DA Davidson upgraded CarGurus, Inc. (NASDAQ: CARG) from Neutral to Buy. CarGurus shares rose 1.31 percent to close at $30.92 on Monday.


Top Downgrades

  • Jefferies downgraded Financial Engines, Inc. (NASDAQ: FNGN) from Buy to Hold. Financial Engines shares rose 31.52 percent to close at $44.65 on Monday.
  • PiperJaffray downgraded British American Tobacco p.l.c. (NYSE: BTI) from Overweight to Neutral. British American Tobacco shares fell 1.85 percent to $53.65 in pre-market trading.
  • Guggenheim downgraded Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) from Buy to Neutral. Regeneron Pharmaceuticals shares rose 0.11 percent to $304.00 in pre-market trading.
  • RBC Capital downgraded Marathon Petroleum Corporation (NYSE: MPC) from Top Pick to Outperform. Marathon Petroleum shares dropped 8.01 percent to close at $74.91 on Monday.
  • RBC Capital downgraded US Foods Holding Corp. (NYSE: USFD) from Outperform to Sector Perform. US Foods shares fell 1.75 percent to close at $34.18 on Monday.
  • Wells Fargo downgraded Andeavor Logistics LP (NYSE: ANDX) from Outperform to Market Perform. Andeavor Logistics shares fell 1.01 percent to $41.99 in pre-market trading.
  • Analysts at Maxim Group downgraded Texas Roadhouse, Inc. (NASDAQ: TXRH) from Buy to Hold. Texas Roadhouse shares fell 2.86 percent to $62.25 in pre-market trading.
  • JP Morgan downgraded Archrock, Inc. (NYSE: AROC) from Overweight to Neutral. Archrock shares fell 3.70 percent to $10.40 in pre-market trading.
  • JMP Securities downgraded SteadyMed Ltd. (NASDAQ: STDY) from Market Outperform to Market Perform. SteadyMed shares climbed 77.36 percent to close at $4.70 on Monday.
  • Maxim Group downgraded Intevac, Inc. (NASDAQ: IVAC) from Buy to Hold. Intevac shares fell 22.90 percent to $5.05 in pre-market trading.


Top Initiations

  • Analysts at JP Morgan initiated coverage on Electronic Arts Inc. (NASDAQ: EA) with an Overweight rating. The price target for Electronic Arts is set to $150. Electronic Arts shares closed at $117.98 on Monday.
  • Analysts at Oppenheimer initiated coverage on Ares Management, L.P. (NYSE: ARES) with an Outperform rating. The price target for Ares Management is set to $30. Ares Management shares closed at $22.00 on Monday.
  • Citigroup initiated coverage on Spark Therapeutics, Inc. (NASDAQ: ONCE) with a Neutral rating. The price target for Spark Therapeutics is set to $85. Spark Therapeutics shares closed at $76.32 on Monday.
  • JP Morgan initiated coverage on Activision Blizzard, Inc. (NASDAQ: ATVI) with a Neutral rating. The price target for Activision Blizzard is set to $70. Activision Blizzard shares closed at $66.35 on Monday.
  • Barclays initiated coverage on Impax Laboratories, Inc. (NASDAQ: IPXL) with an Overweight rating. The price target for Impax Laboratories is set to $27. Impax Laboratories shares closed at $18.80 on Monday.
  • Buckingham initiated coverage on Spotify Technology S.A. (NYSE: SPOT) with a Neutral rating. The price target for Spotify Technology is set to $175. Spotify Technology shares closed at $161.67 on Monday.
  • B. Riley FBR initiated coverage on CatchMark Timber Trust, Inc. (NYSE: CTT) with a Buy rating. The price target for CatchMark Timber Trust is set to $14.50. CatchMark Timber Trust shares closed at $13.04 on Monday.
  • Analysts at Raymond James initiated coverage on GTT Communications, Inc. (NYSE: GTT) with an Outperform rating. The price target for GTT Communications is set to $60. GTT Communications closed at $48.05 on Monday.
  • Baird assumed coverage on Laboratory Corporation of America Holdings (NYSE: LH) with an Outperform rating. The price target for Laboratory Corporation is set to $203. Laboratory Corporation shares closed at $170.75 on Monday.
  • Analysts at KeyBanc initiated coverage on Roku, Inc. (NASDAQ: ROKU) with an Overweight rating. The price target for Roku is set to $42. Roku shares closed at $32.54 on Monday.

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

 

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