Benzinga's Top Upgrades, Downgrades For June 18, 2019

Top Upgrades

  • Goldman Sachs upgraded SunPower Corporation SPWR from Neutral to Buy. SunPower shares rose 6% to $8.77 in pre-market trading.
  • BMO Capital upgraded Bank of America Corp BAC from Market Perform to Outperform. Bank of America shares rose 0.2% to $27.97 in pre-market trading.
  • Analysts at Deutsche Bank upgraded CNH Industrial NV CNHI from Sell to Hold. CNH Industrial rose 1.8% to $9.63 in pre-market trading.
  • TD Securities upgraded BCE Inc. BCE from Hold to Buy. BCE shares rose 0.2% to $44.38 in pre-market trading.
  • Analysts at Goldman Sachs upgraded Sunrun Inc RUN from Neutral to Buy. Sunrun shares rose 4.5% to $17.85 in pre-market trading.
  • Morgan Stanley upgraded United States Cellular Corp USM from Equal-Weight to Overweight. United States Cellular shares rose 0.9% to close at $44.18 on Monday.
  • Raymond James upgraded Prosperity Bancshares, Inc. PB from Underperform to Market Perform. Prosperity Bancshares rose 0.3% to $62.71 in pre-market trading.
  • CIBC upgraded Resolute Forest Products RFP from Neutral to Outperformer. Resolute Forest Products rose 0.3% to close at $6.12 on Monday.

 

Top Downgrades

  • Raymond James downgraded KB Home KBH from Market Perform to Underperform. KB Home shares fell 1.5% to $25.82 in pre-market trading.
  • Macquarie downgraded Oracle Corporation ORCL from Outperform to Neutral. Oracle shares fell 0.4% to $52.90 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Freshpet Inc FRPT from Buy to Hold Freshpet shares fell 0.2% to $48.15 in pre-market trading.
  • UBS downgraded JinkoSolar Holding Co JKS from Buy to Neutral. JinkoSolar shares rose 0.1% to $22.61 in pre-market trading.
  • SVB Leerink downgraded Array Biopharma Inc ARRY from Outperform to Market Perform. Array BioPharma fell 0.4% to $46.25 in pre-market trading.
  • Piper Jaffray downgraded LegacyTexas Financial Group Inc LTXB from Overweight to Neutral. LegacyTexas Financial shares rose 1.7% to close at $38.88 on Monday.
  • Raymond James downgraded Lennar Corporation LEN from Outperform to Market Perform. Lennar shares rose 0.1% to $53.02 in pre-market trading.
  • Baird downgraded Essex Property Trust Inc ESS from Outperform to Neutral. Essex Property Trust shares rose 1.1% to close at $302.32 on Monday.
  • Deutsche Bank downgraded Northern Trust Corporation NTRS from Buy to Hold. Northern Trust shares fell 0.4% to $85.50 in pre-market trading.
  • UBS downgraded J B Hunt Transport Services Inc JBHT from Buy to Neutral. JB Hunt shares closed at $90.07 on Monday.

 

Top Initiations

  • Loop Capital initiated coverage on Monolithic Power Systems, Inc. MPWR with a Buy rating. The price target for Monolithic Power is set to $144. Monolithic Power closed at $126.09 on Monday.
  • Analysts at Needham initiated coverage on Twilio Inc TWLO with a Buy rating. The price target for Twilio is set to $165. Twilio shares closed at $140.71 on Monday.
  • Analysts at H.C. Wainwright initiated coverage on Stealth BioTherapeutics Corp MITO with a Buy rating. The price target for Stealth BioTherapeutics is set to $30. Stealth BioTherapeutics shares closed at $12.26 on Monday.
  • Analysts at Roth Capital initiated coverage on Translate Bio Inc TBIO with a Buy rating. The price target for Translate Bio is set to $25. Translate Bio closed at $10.08 on Monday.
  • Raymond James initiated coverage on WhiteHorse Finance Inc WHF with a Outperform rating. The price target for WhiteHorse Finance is set to $16. WhiteHorse Finance closed at $14.03 on Monday.
  • Janney Capital initiated coverage on Anavex Life Sciences Corp AVXL with a Buy rating. The price target for Anavex Life Sciences is set to $10. Anavex Life Sciences shares closed at $3.14 on Monday.
  • Wedbush initiated coverage on Pinterest Inc PINS with a Outperform rating. The price target for Pinterest is set to $33. Pinterest shares closed at $27.85 on Monday.
  • Piper Jaffray initiated coverage on ViewRay, Inc. VRAY with a Overweight rating. The price target for ViewRay is set to $15. ViewRay shares closed at $8.95 on Monday.
  • Analysts at Guggenheim initiated coverage on Premier Inc PINC with a Neutral rating. The price target for Premier is set to $41. Premier shares closed at $37.24 on Monday.
  • Raymond James initiated coverage on Tradeweb Markets Inc TW with a Market Perform rating. Tradeweb Markets shares closed at $41.82 on Monday.

Posted In: Consumer DiscretionaryHomebuildingInitiationstop upgradesUpgradesDowngradesInitiationPre-Market OutlookAnalyst Ratings

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