Market Overview

Benzinga's Top Upgrades, Downgrades For May 10, 2018

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Top Upgrades

  • Goldman Sachs upgraded American International Group Inc (NYSE: AIG) from Neutral to Buy. AIG shares rose 1 percent to $53.34 in pre-market trading.
  • Scotiabank upgraded New Gold Inc. (NYSE: NGD) from Sector Perform to Outperform. New Gold shares rose 3.67 percent to $2.54 in pre-market trading.
  • Argus upgraded Republic Services, Inc. (NYSE: RSG) from Hold to Buy. Republic Services shares gained 0.69 percent to $68.10 in pre-market trading.
  • Raymond James upgraded Inter Parfums, Inc. (NASDAQ: IPAR) from Market Perform to Outperform. Inter Parfums shares fell 7.45 percent to close at $46.60 on Wednesday.
  • Analysts at UBS upgraded Groupon, Inc. (NASDAQ: GRPN) from Sell to Neutral.. Groupon shares rose 2.46 percent to $5.00 in pre-market trading.
  • H.C. Wainwright upgraded Proteon Therapeutics, Inc. (NASDAQ: PRTO) from Neutral to Buy. Proteon Therapeutics shares rose 7.14 percent to $2.25 in pre-market trading.
  • Susquehanna upgraded Wolverine World Wide, Inc. (NYSE: WWW) from Negative to Neutral. Wolverine shares rose 7.21 percent to close at $31.95 on Wednesday.
  • Jefferies upgraded Cott Corporation (NYSE: COT) from Hold to Buy. Cott shares rose 0.51 percent to close at $15.78 on Tuesday.
  • Bank of America upgraded Halliburton Company (NYSE: HAL) from Neutral to Buy. Halliburton shares rose 0.66 percent to $53.05 in pre-market trading.
  • Berenberg upgraded Coty Inc (NYSE: COTY) from Sell to Hold. Coty shares rose 0.60 percent to $15.10 in pre-market trading.


Top Downgrades

  • Morgan Stanley downgraded Macy's, Inc. (NYSE: M) from Equal-Weight to Underweight. Macy's shares fell 4.15 percent to $28.88 in pre-market trading.
  • JMP Securities downgraded SolarEdge Technologies, Inc. (NASDAQ: SEDG) from Market Outperform to Market Perform. SolarEdge Technologies shares rose 2.43 percent to $57.00 in pre-market trading.
  • Bank of America downgraded Baker Hughes, a GE company (NYSE: BHGE) from Buy to Neutral. Baker Hughes shares rose 0.94 percent to close at $36.37 on Wednesday.
  • Canaccord Genuity downgraded Astronics Corporation (NASDAQ: ATRO) from Buy to Hold. Astronics shares dropped 7.06 percent to close at $34.90 on Wednesday.
  • Tudor Pickering downgraded Newfield Exploration Company (NYSE: NFX) from Buy to Hold. Newfield Exploration shares rose 0.32 percent to $28.28 in pre-market trading.
  • Baird downgraded The Middleby Corporation (NASDAQ: MIDD) from Outperform to Neutral. Middleby shares fell 1.43 percent to $107.00 in pre-market trading.
  • Raymond James downgraded Wix.com Ltd. (NASDAQ: WIX) from Strong Buy to Outperform. Wix.com shares fell 3.05 percent to close at $83.425 on Wednesday.
  • Citigroup downgraded Andeavor (NYSE: ANDV) from Buy to Neutral. Andeavor shares rose 1.98 percent to close at $140.28 on Wednesday.
  • Moffett Nathanson downgraded Tableau Software, Inc. (NYSE: DATA) from Neutral to Sell. Tableau Software shares fell 0.96 percent to $94.30 in pre-market trading.
  • Tudor Pickering downgraded EOG Resources, Inc. (NYSE: EOG) from Buy to Hold. EOG Resources shares rose 0.57 percent to $118.45 in pre-market trading.


Top Initiations

  • Analysts at Credit Suisse initiated coverage on Motorola Solutions, Inc. (NYSE: MSI) with an Outperform rating. The price target for Motorola Solutions is set to $129. Motorola Solutions shares closed at $105.78 on Wednesday.
  • Goldman Sachs initiated coverage on Ultragenyx Pharmaceutical Inc (NASDAQ: RARE) with a Neutral rating. The price target for Ultragenyx Pharmaceutical is set to $63. Ultragenyx Pharmaceutical shares closed at $59.40 on Wednesday.
  • Analysts at Credit Suisse initiated coverage on Arista Networks Inc (NYSE: ANET) with an Outperform rating. The price target for Arista Networks is set to $303. Arista Networks shares closed at $259.42 on Wednesday.
  • Oppenheimer initiated coverage on Trade Desk Inc (NASDAQ: TTD) with an Outperform rating. The price target for Trade Desk is set to $66. Trade Desk shares closed at $51.52 on Wednesday.
  • Raymond James initiated coverage on AmeriCold Realty Trust (NYSE: COLD) with an Outperform rating. The price target for AmeriCold Realty Trust is set to $22.50. AmeriCold Realty Trust shares closed at $21.49 on Wednesday.
  • Credit Suisse initiated coverage on Cisco Systems, Inc. (NASDAQ: CSCO) with a Neutral rating. The price target for Cisco is set to $41. Cisco shares closed at $46.04 on Wednesday.
  • RBC Capital initiated coverage on nVent Electric plc (NYSE: NVT) with an Outperform rating. The price target for nVent Electric is set to $29. nVent Electric shares closed at $24.48 on Wednesday.
  • Credit Suisse initiated coverage on F5 Networks, Inc. (NASDAQ: FFIV) with an Outperform rating. The price target for F5 Networks is set to $88. F5 Networks shares closed at $172.00 on Wednesday.
  • Analysts at Goldman Sachs initiated coverage on Five Prime Therapeutics Inc (NASDAQ: FPRX) with a Neutral rating. The price target for Five Prime Therapeutics is set to $20. Five Prime Therapeutics closed at $17.94 on Wednesday.

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

 

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