Benzinga's Top Upgrades, Downgrades For February 21, 2019

Top Upgrades

  • JP Morgan upgraded Harmony Gold Mining Co. HMY from Underweight to Overweight. Harmony Gold Mining shares fell 0.9 percent to $2.11 in pre-market trading.
  • Berenberg upgraded United States Steel Corporation X from Hold to Buy. United States Steel shares rose 1.7 percent to $24.40 in pre-market trading.
  • Macquarie upgraded Boston Beer Company Inc SAM from Underperform to Neutral. Boston Beer shares rose 3.2 percent to $277.00 in pre-market trading.
  • Gabelli & Co. upgraded FARO Technologies, Inc. FARO from Hold to Buy. Faro Technologies shares fell 8.66 percent to close at $43.77 on Wednesday.

 

Top Downgrades

  • Citigroup downgraded AvalonBay Communities Inc AVB from Buy to Neutral. AvalonBay Communities shares fell 1.2 percent to close at $194.10 on Wednesday.
  • JP Morgan downgraded Gold Fields Limited GFI from Overweight to Neutral. Gold Fields shares fell 3.2 percent to $4.25 in pre-market trading.
  • Wedbush downgraded Lennar Corporation LEN from Outperform to Neutral. Lennar shares fell 0.87 percent to close at $48.95 on Wednesday.
  • Stifel Nicolaus downgraded Biogen Inc BIIB from Buy to Hold. Biogen shares fell 1.2 percent to $331.00 in pre-market trading.
  • Imperial Capital downgraded Onespan Inc OSPN from Outperform to In-Line. OneSpan shares rose 15.21 percent to close at $19.32 on Wednesday.
  • Longbow Research downgraded Belden Inc. BDC from Buy to Neutral. Belden shares fell 0.8 percent to $63.27 in pre-market trading.
  • B. Riley FBR downgraded Servicesource International Inc SREV from Buy to Neutral. ServiceSource shares fell 3.39 percent to close at $1.14 on Wednesday.
  • Baird downgraded M&T Bank Corporation MTB from Outperform to Neutral. M&T Bank shares rose 1.46 percent to close at $176.00 on Wednesday.
  • Longbow Research downgraded Garmin Ltd. GRMN from Buy to Neutral. Garmin shares fell 1.3 percent to $81.95 in pre-market trading.
  • Keefe Bruyette & Woods downgraded Cohen & Steers, Inc. CNS from Market Perform to Underperform. Cohen & Steers shares fell 0.08 percent to close at $40.15 on Wednesday.

 

Top Initiations

  • Seaport Global initiated coverage on Tilray Inc TLRY with a Neutral rating. Tilray shares closed at $81.10 on Wednesday.
  • Credit Suisse initiated coverage on Atkore International Group Inc ATKR with a Neutral rating. The price target for Atkore International is set to $25. Atkore International shares closed at $24.20 on Wednesday.
  • Analysts at H.C. Wainwright initiated coverage on Verrica Pharmaceuticals Inc VRCA with a Buy rating. The price target for Verrica Pharmaceuticals is set to $20. Verrica Pharmaceuticals Services closed at $11.12 on Wednesday.
  • Analysts at Stifel Nicolaus initiated coverage on Harmonic Inc HLIT with a Buy rating. The price target for Harmonic is set to $7. Harmonic shares closed at $5.33 on Wednesday.
  • Loop Capital initiated coverage on At Home Group Inc HOME with a Hold rating. The price target for At Home is set to $23. At Home shares closed at $23.86 on Wednesday.
  • H.C. Wainwright initiated coverage on BioTime, Inc. BTX with a Buy rating. The price target for BioTime is set to $4. BioTime shares closed at $1.15 on Wednesday.
  • Seaport Global initiated coverage on Canopy Growth Corp CGC with a Neutral rating. Canopy Growth shares closed at $46.27 on Wednesday.
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