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Benzinga's Top Upgrades, Downgrades For January 7, 2019

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Top Upgrades

  • Barclays upgraded Advance Auto Parts, Inc. (NYSE: AAP) from Equal-Weight to Overweight. Advance Auto Parts shares fell 2.48 percent to
  • close at $158.81 on Friday.
  • Raymond James upgraded Centerstate Bank Corp (NASDAQ: CSFL) from Market Perform to Market Outperform. CenterState Bank shares rose 4.26 percent to close at $22.04 on Friday.
  • Pivotal Research upgraded Alphabet Inc (NASDAQ: GOOGL) from Hold to Buy. Alphabet shares rose 5.13 percent to close at $1,078.07 on Friday.
  • Morgan Stanley upgraded Five Below Inc (NASDAQ: FIVE) from Equal-Weight to Overweight. Five Below shares rose 4.12 percent to close at $107.97 on Friday.
  • Pivotal Research upgraded salesforce.com, inc. (NYSE: CRM) from Hold to Buy. Salesforce.com rose 2.1 percent to $140.78 in pre-market trading.
  • Morgan Stanley upgraded Arista Networks Inc (NYSE: ANET) from Equal-Weight to Overweight. Arista rose 2 percent to $206.50 in pre-market trading.
  • KeyBanc upgraded Dollar General Corp. (NYSE: DG) from Sector Weight to Overweight. Dollar General shares rose 1.1 percent to $110.00 in pre-market trading.
  • Analysts at KeyBanc upgraded Lennar Corporation (NYSE: LEN) from Sector Weight to Overweight. Lennar shares rose 1.1 percent to $41.65 in pre-market trading.
  • Pivotal Research upgraded Adobe Inc (NASDAQ: ADBE) from Hold to Buy. Adobe shares gained 1.6 percent to $229.72 in pre-market trading.

 

Top Downgrades

  • KeyBanc downgraded Kirkland's, Inc. (NASDAQ: KIRK) from Overweight to Sector Weight. Kirkland's shares gained 0.1 percent to close at $9.83 on Friday.
  • Goldman Sachs downgraded Evercore Inc (NYSE: EVR) from Neutral to Sell. Evercore shares rose 3.76 percent to close at $76.44 on Friday.
  • Goldman Sachs downgraded PNC Financial Services Group Inc (NYSE: PNC) from Buy to Neutral. PNC Financial shares fell 0.3 percent to $120.85 in pre-market trading.
  • Pivotal Research downgraded Snap Inc (NYSE: SNAP) from Buy to Hold. Snap shares dropped 0.4 percent to $5.93 in pre-market trading.
  • Oppenheimer downgraded Skyworks Solutions Inc (NASDAQ: SWKS) from Outperform to Market Perform. Skyworks shares dropped 0.4 percent to $63.38 in pre-market trading.
  • Morgan Stanley downgraded Big Lots, Inc. (NYSE: BIG) from Overweight to Equal-Weight. Big Lots shares rose 3.3 percent to close at $30.09 on Friday.
  • Raymond James downgraded First Horizon National Corp (NYSE: FHN) from Market Outperform to Market Perform. First Horizon National shares gained 3.14 percent to close at $13.81 on Friday.
  • Barclays downgraded Owens-Illinois Inc (NYSE: OI) from Buy to Neutral. Owens-Illinois shares fell 1.4 percent to $17.55 in pre-market trading.
  • Bank of America downgraded Hyatt Hotels Corporation (NYSE: H) from Buy to Neutral. Hyatt shares rose 4.04 percent to close at $67.18 on Friday.

 

Top Initiations

  • Analysts at Citigroup initiated coverage on Vivint Solar Inc (NYSE: VSLR) with a Neutral rating. The price target for Vivint Solar is set to $4.25. Vivint Solar closed at $3.96 on Friday.
  • Morgan Stanley initiated coverage on Avaya Holdings Corp (NYSE: AVYA) with an Equal-Weight rating. The price target for Avaya is set to $18.50. Avaya shares closed at $15.38 on Friday.
  • Citigroup initiated coverage on TerraForm Power Inc (NASDAQ: TERP) with a Neutral rating. The price target for TerraForm Power is set to $11. TerraForm Power shares closed at $11.36 on Friday.
  • Canaccord Genuity initiated coverage on Homology Medicines Inc (NASDAQ: FIXX) with a Buy rating. The price target for Homology Medicines is set to $37. Homology Medicines shares closed at $24.47 on Friday.
  • Citigroup initiated coverage on Atlantica Yield PLC (NASDAQ: AY) with a Buy rating. The price target for Atlantica Yield is set to $25. Atlantica Yield closed at $19.84 on Friday.
 

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

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StockFirmActionPT
FIBKStephens & Co.Downgrades
LEAFCanaccord GenuityDowngrades8.5
AGMSidoti & Co.Downgrades115.0
KEXGabelli & Co.Downgrades
OCGNCantor FitzgeraldDowngrades11.0
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