Market Overview

Benzinga's Top Upgrades, Downgrades For October 23, 2018

Share:

Top Upgrades

  • Citigroup upgraded Lowe's Companies, Inc. (NYSE: LOW) from Neutral to Buy. Lowe's shares fell 1.15 percent to $97.26 in pre-market trading.
  • Analysts at Compass Point upgraded Texas Capital Bancshares Inc (NASDAQ: TCBI) from Neutral to Buy. Texas Capital Bancshares shares fell 4.16 percent to close at $64.05 on Monday.
  • Baird upgraded Zions Bancorp (NASDAQ: ZION) from Underperform to Neutral. Zions Bancorp shares fell 0.79 percent to $44.99 in pre-market trading.
  • JP Morgan upgraded Synopsys, Inc. (NASDAQ: SNPS) from Underweight to Neutral. Synopsys shares rose 0.87 percent to $89.60 in pre-market trading.
  • Barclays upgraded NXP Semiconductors NV (NASDAQ: NXPI) from Equal-Weight to Overweight. NXP Semiconductors shares fell 2.77 percent to $74.36 in pre-market trading.
  • Baird upgraded M&T Bank Corporation (NYSE: MTB) from Neutral to Outperform. M&T Bank shares closed at $158.00 on Monday.
  • Jefferies upgraded Kaiser Aluminum Corp. (NASDAQ: KALU) from Hold to Buy. Kaiser Aluminum shares rose 1.87 percent to close at $98.50 on Monday.
  • JP Morgan upgraded Cadence Design Systems Inc (NASDAQ: CDNS) from Underweight to Neutral. Cadence Design shares rose 7.6 percent to $43.70 in pre-market trading.
  • Imperial Capital upgraded Viacom, Inc. (NASDAQ: VIAB) from Underperform to In-Line. Viacom shares fell 0.6 percent to $32.80 in pre-market trading.
  • KeyBanc upgraded Atlassian Corporation PLC (NASDAQ: TEAM) from Sector Weight to Overweight. Atlassian shares fell 1.5 percent to $71.50 in pre-market trading.

 

Top Downgrades

  • Susquehanna downgraded Micron Technology, Inc. (NASDAQ: MU) from Positive to Neutral. Micron shares fell 3.6 percent to $38.33 in pre-market trading.
  • Raymond James downgraded EnLink Midstream Partners LP (NYSE: ENLK) from Outperform to Market Perform. EnLink Midstream shares closed at $18.10 on Monday.
  • RBC Capital downgraded eBay Inc (NASDAQ: EBAY) from Outperform to Sector Perform. eBay shares fell 3.5 percent to $27.50 in pre-market trading.
  • Susquehanna downgraded NetApp Inc. (NASDAQ: NTAP) from Positive to Neutral. NetApp shares fell 3.8 percent to $77.30 in pre-market trading.

 

Top Initiations

  • Stifel Nicolaus initiated coverage on Viavi Solutions Inc (NASDAQ: VIAV) with a Buy rating. The price target for Viavi Solutions is set to $14. Viavi Solutions shares closed at $11.93 on Monday.
  • Bank of America initiated coverage on Stericycle Inc (NASDAQ: SRCL) with an Underperform rating. The price target for Stericycle is set to $53. Stericycle shares closed at $52.14 on Monday.
  • Analysts at Needham initiated coverage on Pivotal Software Inc (NYSE: PVTL) with a Buy rating. The price target for Pivotal Software is set to $25. Pivotal Software shares closed at $18.73 on Monday.
  • Analysts at Cowen & Co. initiated coverage on Gritstone Oncology Inc (NASDAQ: GRTS) with an Outperform rating. Gritstone Oncology closed at $15.17 on Monday.
  • Wedbush initiated coverage on Restoration Hardware Holdings, Inc (NYSE: RH) with an Outperform rating. RH shares closed at $109.40 on Monday.
  • Analysts at Buckingham initiated coverage on Performance Food Group Co (NYSE: PFGC) with a Buy rating. The price target for Performance Food is set to $39. Performance Food shares closed at $29.61 on Monday.
  • Needham initiated coverage on Oracle Corporation (NYSE: ORCL) with a Hold rating. Oracle shares closed at $47.94 on Monday.
  • Cowen & Co. initiated coverage on Marriott International Inc (NASDAQ: MAR) with an Outperform rating. The price target for Marriott is set to $140. Marriott shares closed at $111.49 on Monday.
  • KeyBanc initiated coverage on Equinix Inc (NASDAQ: EQIX) with a Sector Weight rating. Equinix shares closed at $411.73 on Monday.
  • Analysts at Morgan Stanley initiated coverage on Caesars Entertainment Corporation (NASDAQ: CZR) with an Overweight rating. Caesars Entertainment closed at $9.49 on Monday.

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

 

Related Articles (CDNS + CZR)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
MDRXKeyBancUpgrades0.0
ANETNomuraUpgrades260.0
CNPRBC CapitalUpgrades34.0
FISVOppenheimerUpgrades88.0
FNDUBSUpgrades37.0
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.

Major Hurricane Willa About To Slam Mexico, Then Drench US Gulf Coast

Caterpillar Tumbles After Q3 Earnings Release, Sees Higher Costs Ahead Due To Tariffs