Benzinga's Top Upgrades, Downgrades For June 1, 2017

Top Upgrades

  • Goldman Sachs upgraded Illinois Tool Works Inc. ITW from Sell to Buy. Illinois Tool Works shares rose 2.32 percent to $144.50 in pre-market trading.
  • Analysts at Mitsubishi UFJ upgraded Box Inc BOX from Neutral to Overweight. Box shares gained 6.31 percent to $19.88 in pre-market trading.
  • Analysts at William Blair upgraded Benefitfocus Inc BNFT from Market Perform to Outperform. Benefitfocus shares fell 0.63 percent to close at $31.80 on Wednesday.
  • DA Davidson upgraded Fluor Corporation (NEW) FLR from Neutral to Buy. Fluor shares rose 0.09 percent to close at $44.86 on Wednesday.
  • Analysts at UBS upgraded NRG Energy Inc NRG from Neutral to Buy. NRG Energy shares declined 0.86 percent to close at $16.06 on Wednesday.
  • Citigroup upgraded Skechers USA Inc SKX from Neutral to Buy. Skechers shares gained 3.84 percent to $26.50 in pre-market trading.
  • Analysts at JP Morgan upgraded Plantronics Inc PLT from Neutral to Overweight. Plantronics shares rose 0.15 percent to close at $52.92 on Wednesday.
  • Morgan Stanley upgraded Goodyear Tire & Rubber Co GT from Underweight to Overweight Goodyear Tire shares rose 5.68 percent to $34.05 in pre-market trading.
  • Piper Jaffray upgraded Supernus Pharmaceuticals Inc SUPN from Neutral to Overweight. Supernus Pharmaceuticals shares climbed 6.21 percent to close at $37.60 on Wednesday.


Top Downgrades

  • CL King downgraded Fox Factory Holding Corp FOXF from Buy to Neutral. Fox Factory shares fell 1.05 percent to close at $32.85 on Wednesday.
  • Vertical Research downgraded Rayonier Advanced Materials Inc RYAM from Buy to Hold. Rayonier Advanced shares rose 1.22 percent to close at $17.39 on Wednesday.
  • Argus downgraded Archer Daniels Midland Company ADM from Buy to Hold. Archer-Daniels shares fell 0.58 percent to $41.34 in pre-market trading.


Top Initiations

  • Analysts at SunTrust Robinson Humphrey initiated coverage of Resolute Energy Corp REN with a Buy rating. The price target for Resolute Energy is set to $55. Resolute Energy shares closed at $39.20 on Wednesday.
  • Aegis Capital initiated coverage of IDEXX Laboratories, Inc. IDXX with a Sell rating. The price target for IDEXX Laboratories is set to $118. IDEXX Laboratories shares closed at $168.39 on Wednesday.
  • Analysts at H.C. Wainwright initiated coverage on ZIOPHARM Oncology Inc. ZIOP with a Buy rating. The price target for ZIOPHARM Oncology is set to $9.50. ZIOPHARM Oncology shares closed at $5.85 on Wednesday.
  • Credit Suisse initiated coverage on Janus Henderson Group plc JHG with a Neutral rating. The price target for Janus Henderson is set to $33. Janus Henderson shares closed at $31.28 on Wednesday.
  • Analysts at Cowen & Co. initiated coverage on Miragen Therapeutics, Inc. MGEN with an Outperform rating. Miragen Therapeutics shares closed at $10.92 on Wednesday.
  • Analysts at RBC Capital initiated coverage on Sun Communities Inc SUI with an Outperform rating. The price target for Sun Communities is set to $92. Sun Communities shares closed at $86.14 on Wednesday.
  • Oppenheimer initiated coverage on Caesars Entertainment Corp CZR with an Outperform rating. The price target for Caesars Entertainment is set to $15. Caesars Entertainment shares closed at $10.95 on Wednesday.
  • Morgan Stanley initiated coverage on Virtus Investment Partners Inc VRTS with an Equal-Weight rating. The price target for Virtus Investment Partners is set to $105. Virtus Investment Partners shares closed at $100.70 on Wednesday.
Posted In: DowngradesInitiationstop upgradesUpgradesDowngradesInitiationAnalyst Ratings