Market Overview

Benzinga's Top Upgrades, Downgrades For May 7, 2018

Share:

Top Upgrades

  • Deutsche Bank upgraded Tribune Media Company (NYSE: TRCO) from Hold to Buy. Tribune Media shares rose 3.52 percent to close at $36.15 on Friday.
  • Mizuho upgraded FirstEnergy Corp. (NYSE: FE) from Neutral to Buy. FirstEnergy shares gained 1.76 percent to close at $34.11 on Friday.
  • Pivotal Research upgraded Balchem Corporation (NASDAQ: BCPC) from Sell to Hold. Balchem shares rose 4.40 percent to close at $92.83 on Friday.
  • Analysts at BMO Capital upgraded Adtalem Global Education Inc. (NYSE: ATGE) from Market Perform to Outperform. Adtalem Global Education shares fell 5.38 percent to close at $44.85 on Friday.
  • Keefe Bruyette & Woods upgraded PennyMac Financial Services, Inc. (NYSE: PFSI) from Market Perform to Outperform. PennyMac Financial
  • shares declined 6 percent to close at $19.60 on Friday.
  • KeyBanc upgraded Silgan Holdings Inc. (NASDAQ: SLGN) from Underweight to Sector Weight. Silgan shares rose 2.14 percent to close at $27.20 on Friday.
  • Barclays upgraded Illumina, Inc. (NASDAQ: ILMN) from Equal-Weight to Overweight. Illumina shares rose 1.71 percent to $249.00 in pre-market trading.
  • RBC Capital upgraded PotlatchDeltic Corporation (NASDAQ: PCH) from Sector Perform to Outperform. PotlatchDeltic shares fell 5.43 percent to close at $48.75 on Wednesday.
  • Deutsche Bank upgraded Luminex Corporation (NASDAQ: LMNX) from Sell to Hold. Luminex shares fell 0.47 percent to close at $21.40 on Friday.
  • UBS upgraded Discover Financial Services (NYSE: DFS) from Sell to Neutral. Marathon Petroleum shares rose 1.82 percent to close at $70.87 on Friday.


Top Downgrades

  • Wedbush downgraded FirstCash, Inc. (NYSE: FCFS) from Outperform to Neutral. FirstCash shares fell 1.43 percent to $89.55 in pre-market trading.
  • Citigroup downgraded Buckeye Partners, L.P . (NYSE: BPL) from Buy to Neutral. Buckeye Partners shares rose 0.72 percent to $39.01 in pre-market trading.
  • Drexel Hamilton downgraded FLIR Systems, Inc. (NASDAQ: FLIR) from Buy to Hold. FLIR Systems shares rose 1.56 percent to close at $54.52 on Thursday.
  • RBC Capital downgraded Celgene Corporation (NASDAQ: CELG) from Top Pick to Outperform. Celgene shares rose 0.10 percent to $86.98 in pre-market trading.
  • Keefe Bruyette & Woods downgraded MTGE Investment Corp. (NASDAQ: MTGE) from Outperform to Market Perform. MTGE Investment shares rose 0.51 percent to close at $19.60 on Wednesday.
  • Barclays downgraded Eaton Corporation plc (NYSE: ETN) from Equal-Weight to Underweight. Eaton shares gained 2.46 percent to close at $74.87 on Wednesday.
  • Analysts at Mizuho downgraded ALLETE, Inc. (NYSE: ALE) from Buy to Neutral. ALLETE shares rose 1.05 percent to close at $79.62 on Wednesday.
  • Buckingham downgraded Sirius XM Holdings Inc. (NASDAQ: SIRI) from Buy to Neutral. Neutral. Sirius XM shares rose 0.30 percent to $ 6.69 in pre-market trading .


Top Initiations

  • Analysts at Canaccord Genuity initiated coverage on Zuora, Inc. (NYSE: ZUO) with a Hold rating. The price target for Zuora is set to $20. Zuora shares closed at $19.55 on Friday.
  • Analysts at H.C. Wainwright assumed coverage on SCYNEXIS, Inc. (NASDAQ: SCYX) with a Buy rating. The price target for SCYNEXIS is set to $5. SCYNEXIS shares closed at $1.17 on Friday.
  • Jefferies initiated coverage on Zuora, Inc. (NYSE: ZUO) with a Buy rating. The price target for Zuora is set to $24. Zuora shares closed at $19.55 on Friday.
  • Craig-Hallum initiated coverage on Cloudera, Inc. (NYSE: CLDR) with a Buy rating. The price target for Cloudera is set to $20. Cloudera shares closed at $15.04 on Friday.
  • Morgan Stanley initiated coverage on Zuora, Inc. (NYSE: ZUO) with an Equal-Weight rating. The price target for Zuora is set to $19. Zuora shares closed at $19.55 on Friday.

Posted-In: Initations top upgradesUpgrades Downgrades Price Target Pre-Market Outlook Analyst Ratings

 

Related Articles (ALE + ATGE)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
DESPKeyBancInitiates Coverage On0.0
MELIKeyBancInitiates Coverage On0.0
ALBKeyBancMaintains120.0
AVNSKeyBancMaintains67.0
ABTCredit SuisseInitiates Coverage On82.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

Buffett Talks Index Funds, Stock Bubbles

A New Low-Fee Gold ETF Is Coming