Market Overview

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

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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

 

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