Benzinga's Top Upgrades, Downgrades For October 19, 2017

Top Upgrades

  • Johnson Rice upgraded Halcon Resources Corporation HK from Accumulate to Buy. Halcon Resources shares fell 1.72 percent to close at $6.28 on Wednesday.
  • Wells Fargo upgraded Aqua America Inc WTR from Market Perform to Outperform. Aqua America shares rose 0.11 percent to close at $35.30 on Wednesday.
  • RBC Capital upgraded Mercer International Inc. MERC from Sector Perform to Outperform. Mercer International shares dropped 0.37 percent to close at $13.50 on Wednesday.
  • Pivotal Research upgraded Adobe Systems Incorporated ADBE from Sell to Hold. Adobe shares gained 8 percent to $165.22 in pre-market trading.
  • Analysts at Wells Fargo upgraded ANGI Homeservices Inc ANGI from Market Perform to Outperform. ANGI Homeservices shares rose 1.95 percent to close at $12.04 on Wednesday.
  • Atlantic Equities upgraded W W Grainger Inc GWW from Underweight to Neutral. Grainger shares rose 1.65 percent to close at $208.81 on Wednesday.


Top Downgrades

  • Macquarie downgraded Sprint Corp S from Outperform to Neutral. Sprint shares fell 0.43 percent to $7.02 in pre-market trading.
  • Analysts at Mizuho downgraded Allergan plc AGN from Buy to Neutral. Allergan shares fell 1.26 percent to $184.80 in pre-market trading.
  • Goldman Sachs downgraded Nike Inc NKE from Buy to Neutral. Nike shares fell 1.63 percent to $51.45 in pre-market trading.
  • KeyBanc downgraded ALLETE Inc ALE from Overweight to Sector Weight. ALLETE shares rose 0.71 percent to close at $79.34 on Wednesday.
  • UBS downgraded W W Grainger Inc GWW from Neutral to Sell. Grainger shares rose 1.65 percent to close at $208.81 on Wednesday.
  • Wedbush downgraded KB Home KBH from Outperform to Neutral. KB Home shares fell 3.81 percent to $26.00 in pre-market trading.
  • Analysts at BMO Capital downgraded Hain Celestial Group Inc HAIN from Outperform to Market Perform. Hain Celestial shares fell 1.37 percent to $38.97 in pre-market trading.
  • Barclays downgraded Mazor Robotics Ltd - ADR MZOR from Equal-Weight to Underweight. Mazor Robotics shares declined 5.12 percent to $55.55 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Primerica, Inc. PRI from Buy to Hold. Primerica shares rose 1.26 percent to close at $88.70 on Wednesday.
  • Bank of America downgraded Sonic Automotive Inc SAH from Neutral to Underperform. Sonic Automotive shares fell 3.63 percent to $19.90 in pre-market trading.


Top Initiations

  • MKM Partners initiated coverage on Wayfair Inc W with a Buy rating. The price target for Wayfair is set to $85. Wayfair shares closed at $67.13 on Wednesday.
  • Analysts at UBS initiated coverage on Baker Hughes, a GE company BHGE with a Neutral rating. The price target for Baker Hughes is set to $36. Baker Hughes shares closed at $33.80 on Wednesday.
  • KeyBanc initiated coverage on Jernigan Capital Inc JCAP with an Overweight rating. The price target for Jernigan Capital is set to $24. Jernigan Capital shares closed at $21.22 on Wednesday.
  • SunTrust Robinson Humphrey initiated coverage on RLJ Lodging Trust RLJ with a Hold rating. The price target for RLJ Lodging Trust is set to $22. RLJ Lodging Trust shares closed at $22.48 on Wednesday.
  • H.C. Wainwright initiated coverage on Northern Dynasty Minerals Ltd NAK with a Buy rating. The price target for Northern Dynasty Minerals is set to $2.50. Northern Dynasty Minerals shares closed at $2.09 on Wednesday.
  • Analysts at FBR Capital initiated coverage of Jazz Pharmaceuticals plc JAZZ with a Buy rating. The price target for Jazz Pharmaceuticals is set to $206. Jazz Pharmaceuticals shares closed at $140.46 on Wednesday.
  • Analysts at Piper Jaffray initiated coverage on Patterson Companies, Inc. PDCO with a Neutral rating. The price target for Patterson is set to $41. Patterson Companies shares closed at $38.13 on Wednesday.
  • Analysts at Roth Capital initiated coverage on Eiger Biopharmaceuticals Inc EIGR with a Buy rating. The price target for Eiger Biopharmaceuticals is set to $35. Eiger Biopharmaceuticals shares closed at $11.65 on Wednesday.
  • HSBC initiated coverage on Transocean LTD RIG with a Hold rating. The price target for Transocean is set to $11.50. Transocean shares closed at $10.31 on Wednesday.
  • Bernstein initiated coverage on Qudian Inc - ADR QD with an Outperform rating. Qudian shares closed at $29.18 on Wednesday.
Posted In: DowngradesInitiationstop upgradesUpgradesDowngradesInitiationPre-Market OutlookAnalyst Ratings