Market Overview

Benzinga's Top Upgrades, Downgrades For May 21, 2018

Share:

Top Upgrades

  • Moffett Nathanson upgraded Snap Inc. (NYSE: SNAP) from Sell to Neutral. Snap shares rose 1.51 percent to $10.74 in pre-market trading.
  • Bank of America upgraded Dillard's, Inc. (NYSE: DDS) from Underperform to Buy. Dillard's shares rose 3.53 percent to $80.10 in pre-market trading.
  • Barclays upgraded Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) from Underweight to Equal-Weight. Achillion Pharmaceuticals shares rose 5.41 percent to $3.90 in pre-market trading.
  • Analysts at Argus upgraded Sempra Energy (NYSE: SRE) from Hold to Buy. Sempra Energy shares fell 0.21 percent to close at $101.97 on Friday.
  • Stifel Nicolaus upgraded Knight-Swift Transportation Holdings Inc. (NYSE: KNX) from Hold to Buy. Knight-Swift shares rose 1.99 percent to $41.44 in pre-market trading.
  • KeyBanc upgraded Alteryx, Inc. (NYSE: AYX) from Sector Weight to Overweight. Alteryx shares rose 5.32 percent to $32.49 in pre-market trading.
  • Jefferies upgraded Energizer Holdings, Inc. (NYSE: ENR) from Hold to Buy. Energizer shares fell 0.25 percent to close at $56.47 on Friday.
  • Northcoast Research upgraded Kelly Services, Inc. (NASDAQ: KELYA) from Neutral to Buy. Kelly Services shares rose 3.01 percent to $23.24 in pre-market trading.


Top Downgrades

  • UBS downgraded Bristol-Myers Squibb Company (NYSE: BMY) from Buy to Neutral. Bristol-Myers shares fell 0.21 percent to $52.60 in pre-market trading.
  • Evercore ISI Group downgraded HCP, Inc. (NYSE: HCP) from In-Line to Underperform. HCP shares fell 0.52 percent to close at $23.02 on Friday.
  • Morgan Stanley downgraded Medidata Solutions, Inc. (NASDAQ: MDSO) from Overweight to Equal-Weight. Medidata Solutions shares rose 1.45 percent to close at $77.54 on Thursday.
  • Stifel Nicolaus downgraded Williams Partners L.P. (NYSE: WPZ) from Buy to Hold. Williams Partners shares fell 0.63 percent to close at $41.23 on Friday.
  • SunTrust Robinson Humphrey downgraded American Eagle Outfitters (NYSE: AEO) from Buy to Hold. American Eagle shares fell 2.21 percent to $22.59 in pre-market trading.
  • Evercore ISI Group downgraded Ventas, Inc. (NYSE: VTR) from In-Line to Underperform. Ventas shares fell 0.08 percent to $51.42 in pre-market trading.
  • Morgan Stanley downgraded AppFolio, Inc. (NASDAQ: APPF) from Equal-Weight to Underweight. AppFolio shares fell 2.60 percent to $56.30 in pre-market trading.
  • Barclays downgraded Prothena Corporation plc (NASDAQ: PRTA) from Equal-Weight to Underweight. Prothena shares fell 2.05 percent to close at $15.28 on Friday.
  • SunTrust Robinson Humphrey downgraded Q2 Holdings, Inc. (NYSE: QTWO) from Buy to Hold. Q2 Holdings shares fell 1.30 percent to $56.75 in pre-market trading.


Top Initiations

  • Canaccord Genuity initiated coverage on Ceridian HCM Holding Inc. (NYSE: CDAY) with a Hold rating. The price target for Ceridian HCM is set to $36. Ceridian HCM shares closed at $36.82 on Friday.
  • Analysts at Berenberg initiated coverage on Flowers Foods, Inc. (NYSE: FLO) with a Hold rating. The price target for Flowers Foods is set to $19. Flowers Foods shares closed at $19.29 on Friday.
  • Argus initiated coverage on V.F. Corporation (NYSE: VFC) with a Buy rating. The price target for V.F. Corp is set to $101. V.F. Corp shares closed at $80.07 on Friday.
  • Stifel Nicolaus initiated coverage on nLIGHT, Inc. (NASDAQ: LASR) with a Buy rating. The price target for nLIGHT is set to $40. nLIGHT shares closed at $29.97 on Friday.
  • Analysts at Deutsche Bank initiated coverage on Ceridian HCM Holding Inc. (NYSE: CDAY) with a Hold rating. The price target for Ceridian HCM is set to $40. Ceridian HCM shares closed at $36.82 on Friday.
  • Berenberg initiated coverage on Hostess Brands, Inc. (NASDAQ: TWNK) with a Buy rating. The price target for Hostess Brands is set to $15. Hostess Brands shares closed at $12.70 on Friday.
  • Analysts at Vertical Research initiated coverage on The Chemours Company (NYSE: NBL) with a Buy rating. Chemours closed at $52.17 on Friday.

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

 

Related Articles (ACHN + AEO)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
WSTInitiates Coverage On
TEXDowngrades
TRVGUpgrades
AZPNUpgrades
LYFTInitiates Coverage On85.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
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.
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.

Markets Poised For Gains As Fears Of US-China Trade War Diminish

The Market In 5 Minutes: China And Trade, Banks, Government Bonds And More