Skip to main content

Market Overview

Benzinga's Top Upgrades, Downgrades For December 18, 2018

Share:

Top Upgrades

  • Morgan Stanley upgraded AMETEK, Inc. (NYSE: AME) from Equal-Weight to Overweight. AMETEK rose 1.2 percent to $70.00 in pre-market trading.
  • BMO Capital upgraded Westamerica Bancorporation (NASDAQ: WABC) from Underperform to Market Perform. Westamerica Bancorporation shares fell 1.2 percent to close at $55.83 on Monday.
  • Evercore ISI Group upgraded Public Storage (NYSE: PSA) from Underperform to In-Line. Public shares closed at $199.57 on Monday.
  • Analysts at Deutsche Bank upgraded Prologis Inc (NYSE: PLD) from Hold to Buy. Prologis shares closed at $61.52 on Monday.
  • JP Morgan upgraded Norfolk Southern Corp. (NYSE: NSC) from Neutral to Overweight. Norfolk Southern shares closed at $147.58 on Monday.
  • RBC Capital upgraded NCR Corporation (NYSE: NCR) from Outperform to Top Pick. NCR shares closed at $22.71 on Monday.
  • Barclays upgraded Host Hotels and Resorts Inc (NYSE: HST) from Equal-Weight to Overweight. Host Hotels shares rose 1.3 percent to $17.55 in pre-market trading.
  • Cantor Fitzgerald upgraded Healthequity Inc (NASDAQ: HQY) from Neutral to Overweight. HealthEquity shares closed at $59.63 on Monday.
  • Morgan Stanley upgraded Fortive Corp (NYSE: FTV) from Equal-Weight to Overweight. Fortive shares closed at $67.95 on Monday.
  • Keefe Bruyette & Woods upgraded First Defiance Financial (NASDAQ: FDEF) from Market Perform to Outperform. First Defiance Financial shares fell 0.2 percent to close at $25.19 on Monday.

 

Top Downgrades

  • Credit Suisse downgraded Philip Morris International Inc. (NYSE: PM) from Neutral to Underperform. Philip Morris shares fell 1.7 percent to $80.06 in pre-market trading.
  • Morgan Stanley downgraded Illinois Tool Works Inc. (NYSE: ITW) from Equal-Weight to Underweight. Illinois Tool Works shares closed at $128.10 on Monday.
  • Goldman Sachs downgraded Washington Prime Group Inc (NYSE: WPG) from Neutral to Sell. Washington Prime Group shares dropped 4.3 percent to $5.52 in pre-market trading.
  • Barclays downgraded Sunstone Hotel Investors Inc (NYSE: SHO) from Overweight to Equal-Weight. Sunstone Hotel Investors shares fell 2.36 percent to close at $14.07 on Monday.
  • Morgan Stanley downgraded Dover Corp (NYSE: DOV) from Overweight to Equal-Weight. Dover shares closed at $74.33 on Monday.
  • JP Morgan downgraded Kansas City Southern (NYSE: KSU) from Overweight to Neutral. Kansas City Southern shares closed at $95.85 on Monday.
  • Loop Capital downgraded Fortune Brands Home & Security Inc (NYSE: FBHS) from Buy to Hold. Fortune Brands Home & Security shares closed at $39.63 on Monday.
  • Evercore ISI Group downgraded CubeSmart (NYSE: CUBE) from Outperform to In-Line. CubeSmart shares closed at $30.17 on Monday.

 

Top Initiations

  • Wells Fargo initiated coverage on Shopify Inc (NYSE: SHOP) with an Outperform rating. The price target for Shopify is set to $175. Shopify shares closed at $129.66 on Monday.
  • Analysts at Barclays initiated coverage on CVS Health Corp (NYSE: CVS) with an Overweight rating. The price target for CVS Health is set to $91. CVS Health shares closed at $70.69 on Monday.
  • KeyBanc initiated coverage on Intuit Inc. (NASDAQ: INTU) with an Overweight rating. The price target for Intuit is set to $250. Intuit shares closed at $197.49 on Monday.
  • Laidlaw & Co. initiated coverage on Strongbridge Biopharma plc (NASDAQ: SBBP) with a Buy rating. The price target for Strongbridge Biopharma is set to $11. Strongbridge Biopharma shares closed at $4.27 on Monday.
  • Analysts at H.C. Wainwright initiated coverage on GlycoMimetics Inc (NASDAQ: GLYC) with a Buy rating. The price target for GlycoMimetics is set to $24. GlycoMimetics closed at $10.29 on Monday.
  • Analysts at Credit Suisse initiated coverage on Zimmer Biomet Holdings Inc (NYSE: ZBH) with an Underperform rating. The price target for Zimmer Biomet is set to $102. Zimmer Biomet shares closed at $107.25 on Monday.
  • DA Davidson initiated coverage on L Brands Inc (NYSE: LB) with a Neutral rating. The price target for L Brands is set to $32. L Brands closed at $29.51 on Monday.
  • B. Riley FBR initiated coverage on Tailored Brands Inc (NYSE: TLRD) with a Buy rating. The price target for Tailored Brands is set to $20. Tailored Brands shares closed at $13.46 on Monday.
  • Credit Suisse initiated coverage on Stryker Corporation (NYSE: SYK) with an Outperform rating. The price target for Stryker is set to $195. Stryker shares closed at $160.11 on Monday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Roku Inc (NASDAQ: ROKU) with a Hold rating. The price target for Roku is set to $36. Roku closed at $32.12 on Monday.
 

Related Articles (AME + CUBE)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
GIKColliers SecuritiesInitiates Coverage On14.0
SANWLake StreetInitiates Coverage On6.0
LILAMorgan StanleyDowngrades15.0
BEJP MorganUpgrades36.0
NEXACredit SuisseUpgrades11.0
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.
SPAC
Everything you need to know about the latest SPAC news.
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