Benzinga's Top Upgrades, Downgrades For March 24, 2017

Top Upgrades

  • Jefferies upgraded Under Armour Inc UAA from Hold to Buy. Under Armour shares rose 3.3 percent to $19.60 in pre-market trading.
  • Cowen & Co. upgraded Skechers USA Inc SKX from Market Perform to Outperform. Skechers shares gained 2.7 percent to $28.18 in pre-market trading.
  • Jefferies upgraded Franks International NV FI from Underperform to Hold. Frank's shares rose 2.29 percent to close at $9.84 on Thursday.
  • Analysts at Credit Suisse upgraded Adobe Systems Incorporated ADBE from Neutral to Outperform. Adobe shares rose 0.58 percent to $127.60 in pre-market trading.
  • RBC Capital upgraded Autoliv Inc. ALV from Underperform to Sector Perform. Autoliv shares fell 0.11 percent to close at $100.67 on Thursday.
  • Analysts at JP Morgan upgraded Fortive Corp FTV from Neutral to Overweight. Fortive shares gained 0.96 percent to $59.09 in pre-market trading.
  • Analysts at Berenberg upgraded Alcoa Corp AA from Hold to Buy. Alcoa shares gained 0.84 percent to $33.59 in pre-market trading.
  • Analysts at Cowen & Co. upgraded Virtusa Corporation VRTU from Market Perform to Outperform. Virtusa shares rose 0.85 percent to $29.75 in pre-market trading.


Top Downgrades

  • Barclays downgraded Swift Transportation Co SWFT from Overweight to Equal-Weight. Swift Transportation shares dropped 0.98 percent to close at $20.14 on Thursday.
  • Barclays downgraded Knight Transportation KNX from Equal-Weight to Underweight. Knight Transportation shares fell 0.93 percent to close at $31.85 on Thursday.
  • Analysts at Needham downgraded Apple Inc. AAPL from Strong Buy to Buy. Apple shares rose 0.22 percent to $141.23 in pre-market trading.
  • Analysts at Citigroup downgraded Macy's Inc M from Buy to Neutral. Macy's shares fell 0.67 percent to $28.08 in pre-market trading.
  • Argus downgraded International Game Technology IGT from Buy to Hold. International Game Technology shares fell 0.13 percent to close at $23.42 on Thursday.
  • Analysts at Credit Suisse downgraded Alon USA Energy, Inc. ALJ from Outperform to Neutral. Alon USA Energy shares closed at $ 12.64 on Thursday.
  • Credit Suisse downgraded Delek US Holdings, Inc. DK from Outperform to Neutral. Delek US shares slipped 1.10 percent to $69.90 in pre-market trading.


Top Initiations

  • Analysts at Cowen & Co initiated coverage on Syndax Pharmaceuticals Inc SNDX with an Outperform rating. Syndax Pharmaceuticals shares closed at $12.77 on Thursday.
  • Analysts at Imperial Capital initiated coverage on SkyWest, Inc. SKYW with an In-Line rating. The price target for SkyWest is set to $38. SkyWest shares closed at $34.85 on Thursday.
  • Analysts at DA Davidson initiated coverage of Huntington Bancshares Incorporated HBAN with a Buy rating. The price target for Huntington Bancshares is set to $16.50. Huntington Bancshares shares closed at $12.78 on Thursday.
  • Analysts at DA Davidson initiated coverage on KeyCorp KEY with a Neutral rating. The price target for KeyCorp is set to $19. KeyCorp shares closed at $17.15 on Thursday.
  • Analysts at Deutsche Bank initiated coverage on Cogent Communications Holdings Inc CCOI with a Buy rating. The price target for Cogent Communications is set to $48. Cogent Communications shares closed at $42.35 on Thursday.
  • Analysts at DA Davidson initiated coverage on First Financial Bancorp FFBC with a Buy. The price target for First Financial Bancorp is set to $30. First Financial Bancorp shares closed at $26.00 on Thursday.
Posted In: Consumer DiscretionaryDepartment StoresDowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings