Benzinga's Top Upgrades, Downgrades For March 7, 2017

Top Upgrades

  • Evercore ISI Group upgraded Targa Resources Corp TRGP from In-Line to Outperform. Targa Resources shares gained 0.40 percent to close at $58.32 on Monday.
  • Analysts at Benchmark upgraded Pegasystems Inc. PEGA from Hold to Buy. Pegasystems shares rose 0.80 percent to $43.85 in pre-market trading.
  • Analysts at William Blair upgraded SunOpta, Inc. (USA) STKL from Market Perform to Outperform. SunOpta shares closed at $6.90 on Monday.
  • Analysts at Canaccord Genuity upgraded Bill Barrett Corporation BBG from Hold to Buy. Bill Barrett shares rose 4.89 percent to $5.15 in pre-market trading.
  • Morgan Stanley upgraded Hyatt Hotels Corporation H from Underweight to Equal-Weight. Hyatt shares fell 0.66 percent to close at $51.48 on Monday.
  • Analysts at Goldman Sachs upgraded Stericycle Inc SRCL from Sell to Neutral. Stericycle shares slipped 1.09 percent to close at $79.85 on Monday.
  • Janney Capital upgraded Foundation Medicine Inc FMI from Sell to Neutral. Foundation Medicine shares gained 2.56 percent to $32.10 in pre-market trading.
  • Analysts at Capital One Financial upgraded Weatherford International Plc WFT from Equal-Weight to Overweight. Weatherford shares rose 17.15 percent to $6.90 in pre-market trading.


Top Downgrades

  • RBC Capital downgraded Casey's General Stores Inc CASY from Outperform to Sector Perform. Casey's shares slipped 5.2 percent to $108.25 in pre-market trading.
  • Analysts at Citigroup downgraded Ascena Retail Group Inc ASNA from Neutral to Sell. Ascena Retail shares fell 2.44 percent to $4.39 in pre-market trading.
  • Imperial Capital downgraded Diebold Nixdorf Inc DBD from Outperform to In-Line. Diebold shares fell 1.90 percent to close at $31.00 on Monday.
  • Bank of America downgraded Frontier Communications Corp FTR from Buy to Neutral. Frontier Communications shares fell 2.9 percent to $2.68 in pre-market trading.
  • Oppenheimer downgraded Neuroderm Ltd NDRM from Outperform to Perform. NeuroDerm shares fell 1.56 percent to $28.35 in pre-market trading.
  • Analysts at Jefferies downgraded Oncobiologics Inc ONS from Buy to Hold. Oncobiologics shares rose 6.90 percent to close at $3.10 on Monday.
  • Analysts at Stifel Nicolaus downgraded Black Diamond Inc BDE from Buy to Hold. Black Diamond shares rose 1.79 percent to close at $5.70 on Monday.
  • Jefferies downgraded Valero Energy Partners LP VLP from Buy to Hold. Valero Energy shares fell 0.90 percent to $48.36 in pre-market trading.


Top Initiations

  • Analysts at SunTrust Robinson Humphrey initiated coverage on Foundation Building Materials Inc FBM with a Buy rating. The price target for Foundation Building is set to $23. Foundation Building shares closed at $16.51 on Monday.
  • Analysts at Ladenburg Thalmann initiated coverage on Leap Therapeutics Inc LPTX with a Buy rating. . The price target for Leap Therapeutics is set to $18. Leap Therapeutics shares closed at $7.85 on Monday.
  • Analysts at Rodman & Renshaw initiated coverage on Fibrocell Science Inc FCSC with a Buy rating. The price target for Fibrocell Science is set to $2. Fibrocell Science shares closed at $0.670 on Monday.
  • Analysts at Argus Research initiated coverage on Coca-Cola European Partners plc CCE with a Buy rating. The price target for Coca-Cola European Partners is set to $44. Coca-Cola European Partners shares closed at $34.94 on Monday.
  • Analysts at Bernstein initiated coverage on Agrium Inc. (USA) AGU with an Outperform rating. The price target for Agrium is set to $119. Agrium shares closed at $94.84 on Monday.
  • Analysts at Needham initiated coverage of Teleflex Incorporated TFX with a Buy rating. The price target for Teleflex is set to $221. Teleflex shares closed at $193.01 on Monday.
  • Analysts at Jefferies initiated coverage of Cloud Peak Energy Inc. CLD with a Hold rating. The price target for Cloud Peak Energy is set to $5. Cloud Peak Energy shares closed at $4.45 on Monday.
  • Analysts at Barclays initiated coverage on Foundation Building Materials Inc FBM with an Overweight rating. The price target for Foundation Building Materials is set to $19. Foundation Building shares closed at $16.51 on Monday.
Posted In: DowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings