Benzinga's Top Upgrades, Downgrades For April 4, 2017

Top Upgrades

  • Goldman Sachs upgraded Mondelez International Inc MDLZ from Neutral to Buy. Mondelez shares rose 1.5 percent to $43.68 in pre-market trading.
  • Summit Redstone Partners upgraded Microchip Technology Inc. MCHP from Hold to Buy. Microchip shares fell 0.77 percent to close at $73.21 on Monday.
  • Analysts at UBS upgraded Hi-Crush Partners LP HCLP from Neutral to Buy. Hi-Crush Partners shares fell 1.44 percent to close at $17.10 on Monday.
  • Morgan Stanley upgraded Athene Holding Ltd ATH from Equal-Weight to Overweight. Athene shares rose 1.4 percent to $51.20 in pre-market trading.
  • Analysts at Jefferies upgraded Worthington Industries, Inc. WOR from Underperform to Hold. Worthington shares dropped 1.91 percent to close at $44.23 on Friday.
  • Chardan Capital upgraded Arbutus Biopharma Corp ABUS from Neutral to Buy. Arbutus Biopharma shares gained 6.1 percent to $3.50 in pre-market trading.
  • Analysts at JP Morgan upgraded TTM Technologies, Inc. TTMI from Neutral to Overweight. TTM Technologies shares fell 2.48 percent to close at $15.73 on Friday.
  • Analysts at KeyBanc upgraded Sherwin-Williams Co SHW from Sector Weight to Overweight. Sherwin-Williams shares dropped 0.51 percent to close at $308.61 on Monday.
  • Analysts at Longbow Research upgraded Eaton Corporation, PLC ETN from Neutral to Buy. Eaton shares rose 0.01 percent to close at $74.16 on Monday.
  • Pacific Crest upgraded Cirrus Logic, Inc. CRUS from Sector Weight to Overweight. Cirrus Logic shares fell 0.01 percent to $60.47 in pre-market trading.


Top Downgrades

  • Analysts at Argus downgraded Nike Inc NKE from Buy to Hold. Nike shares fell 0.49 percent to $55.29 in pre-market trading.
  • Citigroup downgraded L Brands Inc LB from Buy to Neutral. L Brands shares fell 1.64 percent to $45.05 in pre-market trading.
  • Analysts at Baird downgraded Panera Bread Co PNRA from Outperform to Neutral. Panera Bread shares fell 0.99 percent to $279.82 in pre-market trading.
  • Citigroup downgraded Urban Outfitters, Inc. URBN from Buy to Neutral. Urban Outfitters shares dropped 4.4 percent to $22.18 in pre-market trading.
  • Analysts at BMO Capital downgraded Alphabet Inc GOOGL from Outperform to Market Perform. Alphabet shares fell 0.90 percent to $849.00 in pre-market trading.
  • Citigroup downgraded Bank of America Corp BAC from Buy to Neutral. Bank of America shares fell 1.74 percent to $23.18 in pre-market trading.
  • Pacific Crest downgraded NVIDIA Corporation NVDA from Sector Weight to Underweight. NVIDIA shares fell 2.84 percent to $105.30 in pre-market trading.


Top Initiations

  • Analysts at BTIG Research initiated coverage on Snap Inc SNAP with a Neutral rating. Snap shares closed at $22.35 on Monday.
  • Analysts at Berenberg initiated coverage on Cisco Systems, Inc. CSCO with a Hold rating. Cisco shares closed at $33.58 on Monday.
  • Analysts at Rodman & Renshaw initiated coverage on Beyondspring Inc BYSI with a Buy rating. The price target for Beyondspring is set to $43. Beyondspring shares closed at $19.76 on Monday.
  • Analysts at Benchmark initiated coverage of Quantenna Communications Inc QTNA with a Buy rating. The price target for Quantenna Communications is set to $28. Quantenna Communications shares closed at $19.56 on Monday.
  • Analysts at Berenberg initiated coverage of International Business Machines Corp. IBM with a Sell rating. IBM shares closed at $174.50 on Monday.
  • Analysts at JP Morgan initiated coverage on ViaSat, Inc. VSAT with a Neutral rating. ViaSat shares closed at $63.21 on Monday.
  • Berenberg initiated coverage on Hewlett Packard Enterprise Co HPE with a Hold rating. Hewlett Packard Enterprise shares closed at $17.57 on Monday.
  • Analysts at Stifel Nicolaus initiated coverage on Daseke Inc DSKE with a Buy rating. The price target for Daseke is set to $13. Daseke shares closed at $10.08 on Monday.
  • Analysts at B. Riley initiated coverage on PVH Corp PVH with a Buy rating. The price target for PVH is set to $125. PVH shares closed at $103.18 on Monday.
  • Berenberg initiated coverage on Citrix Systems, Inc. CTXS with a Buy rating. Citrix shares closed at $83.44 on Monday.
Posted In: DowngradesInformation TechnologyInitiationsSemiconductorstop upgradesUpgradesDowngradesInitiationAnalyst Ratings