Market Overview

Benzinga's Top Upgrades, Downgrades For June 11, 2019

Share:

Top Upgrades

  • Bernstein upgraded Zimmer Biomet Holdings Inc (NYSE: ZBH) from Underperform to Market Perform. Zimmer Biomet shares rose 0.8 percent to close at $121.71 on Monday.
  • Analysts at JP Morgan upgraded Dollar Tree, Inc. (NASDAQ: DLTR) from Neutral to Overweight. Dollar Tree rose 2.1 percent to $105.92 in pre-market trading.
  • Analysts at H.C. Wainwright upgraded Sesen Bio Inc (NASDAQ: SESN) from Neutral to Buy. Sesen Bio shares rose 2.6 percent to $1.95 in pre-market trading.
  • Susquehanna upgraded LYFT Inc (NASDAQ: LYFT) from Neutral to Positive. Lyft shares rose 3.8 percent to $58.90 in pre-market trading.
  • Citigroup upgraded JetBlue Airways Corporation (NASDAQ: JBLU) from Neutral to Buy. JetBlue shares rose 3 percent to $18.80 in pre-market trading.
  • Barclays upgraded Novo Nordisk A/S (NYSE: NVO) from Underweight to Equal-Weight. Novo Nordisk shares rose 1.3 percent to $51.85 in pre-market trading.
  • KeyBanc upgraded Public Storage (NYSE: PSA) from Underweight to Sector Weight. Public Storage fell 0.7 percent to close at $243.72 on Monday.
  • Goldman Sachs upgraded Red Rock Resorts Inc (NASDAQ: RRR) from Neutral to Buy. Red Rock Resorts rose 0.7 percent to close at $21.72 on Monday.
  • Analysts at Roth Capital upgraded CECO Environmental Corp. (NASDAQ: CECE) from Neutral to Buy. CECO Environmental shares rose 3.9 percent to $9.08 in pre-market trading.
  • Goldman Sachs upgraded Shutterfly, Inc. (NASDAQ: SFLY) from Sell to Neutral. Shutterfly shares fell 0.4 percent to $50.07 in pre-market trading.

 

Top Downgrades

  • Maxim Group downgraded Denny's Corp (NASDAQ: DENN) from Buy to Hold. Denny's shares rose 0.4 percent to close at $20.72 on Monday.
  • Citigroup downgraded American Homes 4 Rent (NYSE: AMH) from Buy to Neutral. American Homes 4 Rent shares fell 0.9 percent to $24.57 in pre-market trading.
  • Atlantic Equities downgraded Wells Fargo & Co (NYSE: WFC) from Neutral to Underweight. Wells Fargo shares rose 0.4 percent to $46.46 in pre-market trading.
  • Vertical Research downgraded Raytheon Company (NYSE: RTN) from Buy to Hold. Raytheon shares rose 0.3 percent to $187.80 in pre-market trading.
  • Morgan Stanley downgraded Symantec Corporation (NASDAQ: SYMC) from Equal-Weight to Underweight. Symantec fell 5.5 percent to $18.15 in pre-market trading.
  • Credit Suisse downgraded Shell Midstream Partners LP (NYSE: SHLX) from Neutral to Underperform. Shell Midstream shares rose 0.3 percent to close at $20.37 on Monday.
  • SunTrust Robinson Humphrey downgraded Shutterfly, Inc. (NASDAQ: SFLY) from Buy to Hold. Shutterfly shares fell 0.2 percent to $50.15 in pre-market trading.
  • Deutsche Bank downgraded Tableau Software Inc (NYSE: DATA) from Buy to Hold. Tableau Software shares rose 0.9 percent to $168.99 in pre-market trading.
  • Nomura downgraded HDFC Bank Limited (NYSE: HDB) from Buy to Neutral. HDFC Bank shares closed at $128.63 on Monday.
  • JP Morgan downgraded Beyond Meat Inc (NASDAQ: BYND) from Overweight to Neutral. Beyond Meat shares fell 12.2 percent to $147.61 in pre-market trading.

 

Top Initiations

  • Analysts at Atlantic Equities initiated coverage on Live Nation Entertainment, Inc. (NYSE: LYV) with an Overweight rating. The price target for Live Nation Entertainment is set to $75. Live Nation Entertainment shares closed at $61.75 on Monday.
  • Analysts at Credit Suisse initiated coverage on Avantor Inc (NYSE: AVTR) with an Outperform rating. The price target for Avantor is set to $20. Avantor shares closed at $17.30 on Monday.
  • Analysts at Roth Capital initiated coverage on Gold Resource Corporation (NYSE: GORO) with a Buy rating. The price target for Gold Resource is set to $6.50. Gold Resource closed at $2.80 on Monday.
  • DA Davidson initiated coverage on Fastly Inc (NYSE: FSLY) with a Buy rating. The price target for Fastly is set to $26.5. Fastly closed at $22.86 on Monday.
  • Morgan Stanley initiated coverage on Luckin Coffee Inc - ADR (NASDAQ: LK) with an Equal-Weight rating. The price target for Luckin Coffee is set to $21. Luckin Coffee shares closed at $18.45 on Monday.
  • Wells Fargo initiated coverage on Teleflex Incorporated (NYSE: TFX) with an Outperform rating. The price target for Teleflex is set to $345. Teleflex shares closed at $310.95 on Monday.
  • Barclays initiated coverage on Allergan plc (NYSE: AGN) with an Underweight rating. The price target for Allergan is set to $133. Allergan closed at $126.61 on Monday.
  • Compass Point initiated coverage on Canopy Growth Corp (NYSE: CGC) with a Neutral rating. Canopy Growth shares closed at $43.76 on Monday.
  • Analysts at Piper Jaffray initiated coverage on Agilent Technologies Inc (NYSE: A) with an Overweight rating. The price target for Agilent is set to $83. Agilent shares closed at $70.29 on Monday.
  • Needham initiated coverage on FormFactor, Inc. (NASDAQ: FORM) with a Buy rating. The price target for FormFactor is set to $19. FormFactor shares closed at $15.41 on Monday.

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

 

Related Articles (A + AGN)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
MSGNDowngrades
HUBBInitiates Coverage On160.0
CTREUpgrades25.0
GLNGMaintains27.0
SEMaintains45.0
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

Apollo Global Acquires Shutterfly: 2 Analyst Takes

FDA Greenlights Merck's Blockbuster Drug Keytruda For First-Line Treatment Of Head, Neck Cancer