Market Overview

Benzinga's Top Upgrades, Downgrades For August 16, 2018

Share:

Top Upgrades

  • Argus upgraded Lululemon Athletica inc. (NASDAQ: LULU) from Hold to Buy. Lululemon shares rose 1.02 percent to $127.74 in pre-market trading.
  • Morgan Stanley upgraded Embraer SA (ADR) (NYSE: ERJ) from Equal-Weight to Overweight. Embraer shares fell 2.51 percent to close at $18.65 on Wednesday.
  • Analysts at Compass Point upgraded GreenSky Inc (NASDAQ: GSKY) from Neutral to Buy. GreenSky shares fell 1.83 percent to $15.62 in pre-market trading.
  • Canaccord Genuity upgraded Canopy Growth Corp (NYSE: CGC) from Hold to Speculative Buy. Canopy Growth shares rose 2.93 percent to $33.05 in pre-market trading.
  • Jefferies upgraded TechnipFMC PLC (NYSE: FTI) from Hold to Buy. TechnipFMC shares rose 1.27 percent to $27.95 in pre-market trading.
  • Goldman Sachs upgraded Avalara Inc (NYSE: AVLR) from Neutral to Buy. Avalara shares rose 6 percent to $36.75 in pre-market trading.
  • JP Morgan upgraded Kimberly Clark Corp (NYSE: KMB) from Underweight to Neutral. Kimberly-Clark shares rose 0.46 percent to $116.99 in pre-market trading.

 

Top Downgrades

  • Macquarie downgraded Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) from Outperform to Neutral. Himax shares fell 8 percent to close at $5.98 on Wednesday.
  • Morgan Stanley downgraded Healthcare Trust Of America Inc (NYSE: HTA) from Overweight to Equal-Weight. Healthcare Trust shares fell 0.48 percent to $28.82 in pre-market trading.
  • DA Davidson downgraded Nanometrics Incorporated (NASDAQ: NANO) from Buy to Neutral. Nanometrics shares fell 2.39 percent to $44.14 in pre-market trading.
  • HSBC downgraded Cemex SAB de CV (ADR) ADR (NYSE: CX) from Buy to Hold. Cemex shares fell 3.82 percent to close at $6.79 on Wednesday.
  • Canaccord Genuity downgraded Cenovus Energy Inc (NYSE: CVE) from Buy to Hold. Cenovus Energy shares rose 1.67 percent to $9.10 in pre-market trading.
  • Jefferies downgraded AstraZeneca plc (ADR) (NYSE: AZN) from Buy to Hold. AstraZeneca shares fell 0.34 percent to $38.32 in pre-market trading.
  • Barclays downgraded Grupo Aeroportuario del Centro Nort(ADR) (NASDAQ: OMAB) from Overweight to Equal-Weight. Grupo Aeroportuario del Centro Nort(ADR) shares fell 3.04 percent to close at $49.40 on Wednesday.
  • KeyBanc downgraded Multi-Color Corporation (NASDAQ: LABL) from Sector Weight to Underweight. Multi-Color shares fell 0.01 percent to $63.84 in pre-market trading.
  • Bank of America downgraded Coty Inc (NYSE: COTY) from Buy to Underperform. Coty shares fell 2.19 percent to $11.18 in pre-market trading.

 

Top Initiations

  • UBS initiated Lockheed Martin Corporation (NYSE: LMT) with a Buy rating. The price target for Lockheed Martin is set to $400. Lockheed Martin shares closed at $317.70 on Wednesday.
  • Leerink Swann initiated coverage on Teladoc Health Inc (NYSE: TDOC) with an Outperform rating. The price target for Teladoc Health is set to $90. Teladoc Health shares closed at $70.75 on Wednesday.
  • Analysts at H.C. Wainwright initiated coverage on AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) with a Buy rating. The price target for AVEO Pharmaceuticals is set to $6.50. AVEO Pharmaceuticals shares closed at $2.18 on Wednesday.
  • Analysts at UBS initiated coverage on Northrop Grumman Corporation (NYSE: NOC) with a Neutral rating. The price target for Northrop Grumman is set to $315. Northrop Grumman shares closed at $291.51 on Wednesday.
  • Piper Jaffray initiated coverage on Post Holdings Inc (NYSE: POST) with an Overweight rating. The price target for Post Holdings is set to $115. Post Holdings closed at $94.78 on Wednesday.
  • BTIG Research initiated coverage on Stryker Corporation (NYSE: SYK) with a Buy rating. The price target for Stryker is set to $187. Stryker shares closed at $166.78 on Wednesday.
  • Jefferies initiated coverage on Conn's Inc (NASDAQ: CONN) with a Buy rating. The price target for Conn's is set to $44. Conn's shares closed at $33.85 on Wednesday.
  • Analysts at Chardan Capital initiated coverage on eHealth, Inc. (NASDAQ: EHTH) with a Buy rating. The price target for eHealth is set to $40. eHealth closed at $29.04 on Wednesday.
  • Ladenburg Thalmann initiated coverage on AcelRx Pharmaceuticals Inc (NASDAQ: ACRX) with a Buy rating. The price target for AcelRx Pharmaceuticals is set to $7. AcelRx Pharmaceuticals shares closed at $2.95 on Wednesday.
  • Analysts at UBS initiated coverage on Hexcel Corporation (NYSE: HXL) with a Sell rating. The price target for Hexcel is set to $65. Hexcel closed at $68.42 on Wednesday.
 

Related Articles (AVEO + ACRX)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
CMGDeutsche BankMaintains1,235.0
GMBarclaysMaintains40.0
FBarclaysMaintains9.0
AAPLPiper SandlerMaintains135.0
ALGNPiper SandlerMaintains500.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com