Market Overview

Benzinga's Top Upgrades, Downgrades For June 22, 2018

Share:

Top Upgrades

  • Bank of America upgraded Darden Restaurants, Inc. (NYSE: DRI) from Underperform to Neutral. Darden shares rose 0.43 percent to $107.52 in pre-market trading.
  • Janney Capital upgraded Eversource Energy (NYSE: ES) from Neutral to Buy. Eversource Energy shares rose 0.54 percent to $56.00 in pre-market trading.
  • Jefferies upgraded Molina Healthcare, Inc. (NYSE: MOH) from Hold to Buy. Molina Healthcare shares rose 0.69 percent to close at $98.68 on Thursday.
  • Raymond James upgraded Dollar General Corporation (NYSE: DG) from Outperform to Strong Buy. Dollar General shares rose 1.34 percent to $100.00 in pre-market trading.
  • UBS upgraded United Rentals, Inc. (NYSE: URI) from Neutral to Buy. United Rentals shares rose 2.16 percent to $156.40 in pre-market trading.
  • HSBC upgraded Copa Holdings, S.A. (NYSE: CPA) from Hold to Buy. Copa Holdings shares fell 0.93 percent to close at $99.11 on Thursday.

Top Downgrades

  • Needham downgraded KLA-Tencor Corporation (NASDAQ: KLAC) from Buy to Hold. KLA-Tencor shares fell 1.06 percent to $109.14 in pre-market trading.
  • Benchmark downgraded Booking Holdings Inc. (NASDAQ: BKNG) from Buy to Hold. Booking Holdings shares fell 0.12 percent to $2,119.87 in pre-market trading.
  • Argus downgraded Zimmer Biomet Holdings, Inc. (NYSE: ZBH) from Buy to Hold. Zimmer Biomet shares fell 1.35 percent to $110.01 in pre-market trading.
  • Bank of America downgraded Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) from Neutral to Underperform. Ollie's Bargain shares fell 3.57 percent to $74.15 in pre-market trading.
  • Stephens & Co. downgraded Ingredion Incorporated (NYSE: INGR) from Overweight to Equal-Weight. Ingredion shares fell 0.58 percent to $113.64 in pre-market trading.
  • DZ Bank downgraded Eli Lilly and Company (NYSE: LLY) from Buy to Hold. Eli Lilly shares fell 0.24 percent to close at $86.07 on Thursday.
  • BTIG Research downgraded Red Hat, Inc. (NYSE: RHT) from Buy to Neutral. Red Hat shares fell 13.75 percent to $142.84 in pre-market trading.
  • Buckingham downgraded NIKE, Inc. (NYSE: NKE) from Buy to Neutral. Nike shares fell 0.81 percent to $73.34 in pre-market trading.
  • JP Morgan downgraded Ecolab Inc. (NYSE: ECL) from Neutral to Underweight. Ecolab shares fell 1.55 percent to $139.35 in pre-market trading.
  • Maxim Group downgraded The Cheesecake Factory Incorporated (NASDAQ: CAKE) from Buy to Hold. Cheesecake Factory shares fell 0.69 percent to $59.42 in pre-market trading.

Top Initiations

  • Credit Suisse initiated coverage on Sunlands Online Education Group (NYSE: STG) with an Outperform rating. Sunlands Online Education shares closed at $8.91 on Thursday.
  • Analysts at Benchmark initiated coverage on Micron Technology, Inc. (NASDAQ: MU) with a Buy rating. The price target for Micron is set to $80. Micron closed at $59.44 on Thursday.
  • B. Riley FBR initiated coverage on Cable One, Inc. (NYSE: CABO) with a Buy rating. The price target for Cable One is set to $840. Cable One shares closed at $716.81 on Thursday.
  • Roth Capital initiated coverage on Soleno Therapeutics, Inc. (NASDAQ: SLNO) with a Buy rating. The price target for Soleno Therapeutics is set to $14. Soleno Therapeutics shares closed at $2.33 on Thursday.
  • Analysts at Loop Capital initiated coverage on Broadcom Inc. (NASDAQ: AVGO) with a Buy rating. The price target for Broadcom is set to $306. Broadcom closed at $259.65 on Thursday.
  • Analysts at Oppenheimer initiated coverage on Alteryx, Inc. (NYSE: AYX) with an Outperform rating. The price target for Alteryx is set to $48. Alteryx shares closed at $38.64 on Thursday.
  • DA Davidson initiated coverage on Nice Ltd (ADR) (NASDAQ: NICE) with a Neutral rating. The price target for Nice is set to $110. Nice shares closed at $108.39 on Thursday.
  • Wedbush initiated coverage on The TJX Companies, Inc. (NYSE: TJX) with a Neutral rating. The price target for TJX is set to $100. TJX closed at $96.29 on Thursday.
  • Compass Point initiated coverage on Nasdaq, Inc. (NASDAQ: NDAQ) with a Neutral rating. The price target for Nasdaq is set to $100. Nasdaq shares closed at $94.13 on Thursday.
  • Analysts at Ladenburg Thalmann initiated coverage on Interpace Diagnostics Group, Inc. (NASDAQ: IDXG) with a Buy rating. The price target for Interpace Diagnostics is set to $2.25. Interpace Diagnostics shares closed at $0.86 on Thursday.

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

 

Related Articles (AVGO + AYX)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
SYBXChardan CapitalInitiates Coverage On20.0
GEJP MorganUpgrades6.0
FEYEMorgan StanleyDowngrades21.0
ADCJefferiesUpgrades70.0
HTAJefferiesDowngrades0.0
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.

Bernstein: Tesla's Auto, Services Gross Margins Don't Add Up

3 Charts Forecasting Downside In D.R. Horton