Market Overview

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

Share:

Top Upgrades

  • Morgan Stanley upgraded QUALCOMM, Inc. (NASDAQ: QCOM) from Underweight to Equal-Weight. Qualcomm shares fell 0.3 percent to $55.20 in pre-market trading.
  • Guggenheim upgraded Core Laboratories N.V. (NYSE: CLB) from Neutral to Buy. Core Laboratories shares rose 3.52 percent to close at $84.20 on Thursday.
  • Analysts at Morgan Stanley upgraded Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) from Underweight to Equal-Weight. Taiwan Semiconductor shares fell 2.4 percent to $37.60 in pre-market trading.
  • Credit Suisse upgraded Spark Therapeutics Inc (NASDAQ: ONCE) from Underperform to Neutral. Spark Therapeutics shares dropped 4.44 percent to close at $39.00 on Thursday.
  • Gabelli & Co. upgraded Armstrong Flooring Inc (NYSE: AFI) from Hold to Buy. Armstrong Flooring shares rose 1.2 percent to $16.90 in pre-market trading.
  • HSBC upgraded Goldcorp Inc. (NYSE: GG) from Hold to Buy. Goldcorp shares rose 0.9 percent to $9.35 in pre-market trading.
  • BMO Capital upgraded Primo Water Corporation (NASDAQ: PRMW) from Market Perform to Outperform. Primo Water shares rose 1.21 percent to close at $14.25 on Thursday.
  • Susquehanna upgraded DSW Inc. (NYSE: DSW) from Negative to Neutral. DSW shares rose 0.3 percent to $25.48 in pre-market trading.
  • Raymond James upgraded Omega Healthcare Investors Inc (NYSE: OHI) from Market Perform to Outperform. Omega Healthcare shares fell 0.32 percent to close at $34.35 on Thursday.
  • VTB Capital upgraded Luxoft Holding Inc (NYSE: LXFT) from Hold to Buy. Luxoft shares fell 14.06 percent to close at $33.30 on Thursday.

 

Top Downgrades

  • Bank of America downgraded Home Depot Inc (NYSE: HD) from Buy to Neutral. Home Depot shares fell 1.7 percent to $174.30 in pre-market trading.
  • Leerink Swann downgraded Cardinal Health Inc (NYSE: CAH) from Outperform to Market Perform. Cardinal Health shares fell 1.2 percent to $56.97 in pre-market trading.
  • Jefferies downgraded Senior Housing Properties Trust (NASDAQ: SNH) from Hold to Underperform. Senior Housing Properties shares fell 4.4 percent to $14.18 in pre-market trading.
  • B. Riley FBR downgraded NVIDIA Corporation (NASDAQ: NVDA) from Buy to Neutral. NVIDIA shares fell 17.3 percent to $167.45 in pre-market trading.
  • KeyBanc downgraded Luxoft Holding Inc (NYSE: LXFT) from Overweight to Sector Weight. Luxoft shares dropped 14.06 percent to close at $33.30 on Thursday.
  • Raymond James downgraded International Flavors & Fragrances Inc (NYSE: IFF) from Market Perform to Underperform. Intl Flavors & Fragrances shares rise 0.74 percent to close at $142.47 on Thursday.
  • Oppenheimer downgraded Michael Kors Holdings Ltd (NYSE: KORS) from Outperform to Perform. Michael Kors shares fell 1.6 percent to $46.50 in pre-market trading.
  • Morgan Stanley downgraded United Microelectronics Corp (NYSE: UMC) from Equal-Weight to Underweight. United Microelectronics shares rose 6.47 percent to close at $1.81 on Thursday.
  • Raymond James downgraded Weatherford International plc (NYSE: WFT) from Outperform to Market Perform. Weatherford shares rose 1.8 percent to $0.86 in pre-market trading.
  • HSBC downgraded Yamana Gold Inc. (NYSE: AUY) from Buy to Hold. Yamana Gold shares fell 1.4 percent to $2.11 in pre-market trading.

 

Top Initiations

  • BTIG Research initiated coverage on Scorpio Bulkers Inc. (NYSE: SALT) with a Buy rating. The price target for Scorpio Bulkers is set to $8. Scorpio Bulkers shares closed at $5.71 on Thursday.
  • KeyBanc initiated coverage on Target Corporation (NYSE: TGT) with a Overweight rating. The price target for Target is set to $110. Target shares closed at $80.76 on Thursday.
  • Analysts at Imperial Capital initiated coverage on Primo Water Corporation (NASDAQ: PRMW) with a Outperform rating. The price target for Primo Water is set to $18. Primo Water closed at $14.25 on Thursday.
  • BTIG Research initiated coverage on Golden Ocean Group Ltd (NASDAQ: GOGL) with a Buy rating. The price target for Golden Ocean is set to $10. Golden Ocean closed at $6.68 on Thursday.
  • Analysts at Buckingham initiated coverage on Target Corporation (NYSE: TGT) with a Buy rating. The price target for Target is set to $102. Target shares closed at $80.76 on Thursday.
 

Related Articles (AUY + AFI)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
TPICMorgan StanleyMaintains31.0
TPRMorgan StanleyMaintains15.0
SPWRMorgan StanleyMaintains5.3
SRMorgan StanleyMaintains68.0
SREMorgan StanleyMaintains144.0
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