Market Overview

Benzinga's Top Upgrades, Downgrades For April 1, 2019

Share:

Top Upgrades

  • Analysts at Citigroup upgraded Bed Bath & Beyond Inc. (NASDAQ: BBBY) from Sell to Neutral. Bed Bath & Beyond shares rose 1 percent to $17.15 in pre-market trading.
  • Analysts at Bank of America upgraded Norfolk Southern Corp. (NYSE: NSC) from Neutral to Buy. Norfolk Southern shares rose 1.3 percent to $189.29 in pre-market trading.
  • Stephens & Co. upgraded CarMax, Inc (NYSE: KMX) from Equal-Weight to Overweight. CarMax shares rose 9.58 percent to close at $69.80 on Friday.
  • Deutsche Bank upgraded WPP PLC (NYSE: WPP) from Hold to Buy. WPP shares fell 0.62 percent to close at $52.80 on Friday.
  • Berenberg upgraded United Parcel Service, Inc. (NYSE: UPS) from Hold to Buy. UPS shares rose 0.7 percent to $112.50 in pre-market trading.
  • PiperJaffray upgraded Redfin Corp (NASDAQ: RDFN) from Neutral to Overweight. Redfin shares rose 3.6 percent to $21.00 in pre-market trading.
  • Analysts at Baird upgraded Adient PLC (NYSE: ADNT) from Underperform to Neutral. Adient rose 2 percent to $13.22 in pre-market trading.
  • Raymond James upgraded Jabil Inc (NYSE: JBL) from Market Perform to Strong Buy. Jabil shares rose 0.47 percent to close at $26.59 on Friday.
  • Cowen & Co. upgraded AstraZeneca plc (NYSE: AZN) from Market Perform to Outperform. AstraZeneca shares rose 2.5 percent to $41.45 in pre-market trading.
  • Nomura upgraded F5 Networks, Inc. (NASDAQ: FFIV) from Neutral to Buy. F5 Networks shares gained 0.3 percent to $157.33 in pre-market trading.

 

Top Downgrades

  • Atlantic Equities downgraded Celgene Corporation (NASDAQ: CELG) from Overweight to Neutral. Celgene shares rose 7.88 percent to close at $94.34 on Friday.
  • Berenberg downgraded FedEx Corporation (NYSE: FDX) from Buy to Hold. FedEx shares 0.3 percent to $182.00 in pre-market trading.
  • JP Morgan downgraded Hain Celestial Group Inc (NASDAQ: HAIN) from Overweight to Neutral. Hain Celestial shares fell 1.4 percent to $22.79 in pre-market trading.
  • Macquarie downgraded Monster Beverage Corp (NASDAQ: MNST) from Outperform to Neutral. Monster Beverage shares fell 1.5 percent to $53.75 in pre-market trading.
  • Jefferies downgraded ONEOK, Inc. (NYSE: OKE) from Buy to Hold. ONEOK shares rose 0.65 percent to close at $69.84 on Friday.
  • Keefe Bruyette & Woods downgraded Wells Fargo & Co (NYSE: WFC) from Outperform to Market Perform. Wells Fargo shares rose 0.2 percent to $48.43 in pre-market trading.
  • Raymond James downgraded Lennar Corporation (NYSE: LEN) from Strong Buy to Outperform. Lennar shares fell 0.4 percent to $48.91 in pre-market trading.
  • BMO Capital downgraded Ferro Corporation (NYSE: FOE) from Outperform to Market Perform. Ferro shares fell 0.5 percent to $18.83 in pre-market trading.
  • Citigroup downgraded Mosaic Co (NYSE: MOS) from Buy to Neutral. Mosaic shares rose 0.7 percent to $27.50 in pre-market trading.
  • Oppenheimer downgraded COMSCORE, Inc. (NASDAQ: SCOR) from Outperform to Perform. comScore shares fell 0.05 percent to close at $20.25 on Friday.

 

Top Initiations

  • Buckingham initiated coverage on NewMarket Corporation (NYSE: NEU) with an Underperform rating. The price target for NewMarket is set to $380. NewMarket shares closed at $433.56 on Friday.
  • Deutsche Bank initiated coverage on Peabody Energy Corporation (NYSE: BTU) with a Buy rating. The price target for Peabody Energy is set to $33. Peabody Energy shares closed at $28.33 on Friday.
  • Analysts at Wells Fargo initiated coverage on Shockwave Medical Inc (NASDAQ: SWAV) with a Market Perform rating. The price target for Shockwave Medical is set to $33. Shockwave Medical shares closed at $33.47 on Friday.
  • H.C. Wainwright initiated coverage on Y-mAbs Therapeutics, Inc (NASDAQ: YMAB) with a Buy rating. The price target for Y-mAbs Therapeutics is set to $36. Y-mAbs Therapeutics closed at $26.21 on Friday.
  • Analysts at Morgan Stanley initiated coverage on Chevron Corporation (NYSE: CVX) with an Overweight rating. Chevron shares closed at $123.18 on Friday.
  • Jefferies initiated coverage on LivePerson, Inc. (NASDAQ: LPSN) with a Buy rating. LivePerson shares closed at $29.02 on Friday.
  • Analysts at Morgan Stanley initiated coverage on Exxon Mobil Corporation (NYSE: XOM) with an Equal-Weight rating. Exxon Mobil shares closed at $80.80 on Friday.
  • Credit Suisse initiated coverage on Textron Inc. (NYSE: TXT) with a Neutral rating. Textron shares closed at $50.66 on Friday.
  • Deutsche Bank initiated coverage on Warrior Met Coal Inc (NYSE: HCC) with a Buy rating. Warrior Met Coal shares closed at $30.40 on Friday.
  • Analysts at H.C. Wainwright initiated coverage on Cerecor Inc (NASDAQ: CERC) with a Buy rating. The price target for Cerecor is set to $11. Cerecor closed at $5.84 on Friday.

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

 

Related Articles (AZN + ADNT)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
WSCInitiates Coverage On19.0
ACERDowngrades
ANGIMaintains20.0
KRYSReiterates73.0
MSFTMaintains90.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
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.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
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

An Asset Allocator's Momentum ETF

This Day In Market History: Jobs, Wozniak Cultivate Apple