Benzinga's Top Upgrades, Downgrades For November 26, 2018

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Top Upgrades

  • JP Morgan upgraded Regions Financial Corp RF from Neutral to Overweight. Regions Financial shares rose 1.5 percent to $16.20 in pre-market trading.
  • Jefferies upgraded Commscope Holding Company Inc COMM from Hold to Buy. CommScope shares rose 3.3 percent to $18.20 in pre-market trading.
  • HSBC upgraded Schlumberger Limited SLB from Hold to Buy. Schlumberger shares rose 1.4 percent to $47.01 in pre-market trading.
  • Deutsche Bank upgraded American Eagle Outfitters AEO from Hold to Buy. American Eagle shares rose 1.24 percent to close at $19.54 on Friday.
  • Citigroup upgraded Charles Schwab Corporation SCHW from Sell to Neutral. Charles Schwab shares closed at $44.08 on Friday.
  • Cowen & Co. upgraded Novartis AG NVS from Market Perform to Outperform. Novartis shares closed at $88.03 on Friday.
  • Analysts at PiperJaffray upgraded Novavax, Inc. NVAX from Neutral to Overweight. Novavax shares rose 12.21 percent to $1.93 in pre-market trading.
  • HSBC upgraded TechnipFMC PLC FTI from Reduce to Hold. TechnipFMC shares rose 2.2 percent to $23.12 in pre-market trading.
  • RBC Capital upgraded Intuit Inc. INTU from Sector Perform to Outperform. Intuit shares fell 0.68 percent to close at $197.05 on Friday.

 

Top Downgrades

  • Citigroup downgraded Eli Lilly And Co LLY from Buy to Neutral. Eli Lilly shares rose 0.1 percent to $113.00 in pre-market trading.
  • HSBC downgraded Southern Copper Corp SCCO from Hold to Reduce. Southern Copper shares fell 10.50 percent to close at $32.12 on Friday.
  • Jefferies downgraded ARRIS International plc ARRS from Buy to Hold. ARRIS shares rose 0.16 percent to close at $30.73 on Friday.
  • Cowen & Co. downgraded Cognizant Technology Solutions Corp CTSH from Outperform to Market Perform. Cognizant Tech Solns shares closed at $67.98 on Friday.

 

Top Initiations

  • Credit Suisse initiated coverage on NVIDIA Corporation NVDA with an Outperform rating. The price target for NVIDIA is set to $225. NVIDIA shares closed at $145.00 on Friday.
  • Analysts at JP Morgan initiated coverage on Audentes Therapeutics Inc BOLD with an Overweight rating. Audentes Therapeutics shares closed at $23.91 on Friday.
  • Canaccord Genuity initiated coverage on Lovesac Co LOVE with a Buy rating. The price target for Lovesac is set to $27. Lovesac shares closed at $19.19 on Friday.
  • Piper Jaffray initiated coverage on Stemline Therapeutics Inc STML with an Overweight rating. Stemline Therapeutics shares closed at $12.26 on Friday.
  • Analysts at JP Morgan initiated coverage on Twist Bioscience Corp TWST with a Neutral rating. The price target for Twist Bioscience is set to $27. Twist Bioscience closed at $25.99 on Friday.
  • Analysts at Morgan Stanley initiated coverage on Axonics Modulation Technologies Inc AXNX with an Overweight rating. The price target for Axonics Modulation Technologies is set to $21. Axonics Modulation Technologies shares closed at $14.92 on Friday.
  • Piper Jaffray initiated coverage on CytomX Therapeutics Inc CTMX with an Overweight rating. CytomX Therapeutics closed at $13.24 on Friday.
  • Wedbush initiated coverage on Orchard Therapeutics PLC - ADR ORTX with an Outperform rating. The price target for Orchard Therapeutics is set to $25. Orchard Therapeutics shares closed at $16.80 on Friday.
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