Benzinga's Top Upgrades, Downgrades For April 6, 2018

Top Upgrades

  • Analysts at Oppenheimer upgraded Universal Display Corporation OLED from Perform to Outperform. Universal Display rose 0.27 percent to $101.60 in pre-market trading.
  • Craig-Hallum upgraded Patterson Companies, Inc. PDCO from Hold to Buy. Patterson shares rose 2.33 percent to $22.88 in pre-market trading.
  • Citigroup upgraded Prologis, Inc. PLD from Neutral to Buy. Prologis shares fell 0.63 percent to close at $61.76 on Thursday.
  • Mizuho upgraded Valeant Pharmaceuticals International, Inc. VRX from Underperform to Neutral. Valeant shares rose 0.38 percent to $15.85 in pre-market trading.
  • KeyBanc upgraded Halyard Health, Inc. HYH from Sector Weight to Overweight. Halyard Health shares rose 1.02 percent to close at $45.45 on Thursday.
  • Bank of America upgraded GOL Linhas Aéreas Inteligentes S.A. GOL from Neutral to Buy. Gol Linhas shares rose 0.73 percent to close at $12.49 on Thursday.
  • Citigroup upgraded AvalonBay Communities, Inc. AVB from Neutral to Buy. AvalonBay Communities shares rose 0.13 percent to close at $166.23 on Thursday.


Top Downgrades

  • JP Morgan downgraded Xilinx, Inc. XLNX from Neutral to Underweight. Xilinx shares fell 2.48 percent to $68.95 in pre-market trading.
  • Analysts at Bank of America downgraded Sunrun Inc. RUN from Buy to Underperform. Sunrun shares fell 6.94 percent to $9.25 in pre-market trading.
  • Oppenheimer downgraded Ormat Technologies, Inc. ORA from Outperform to Perform. Ormat shares rose 1.44 percent to close at $57.70 on Thursday.
  • JP Morgan downgraded Sprague Resources LP SRLP from Neutral to Underweight. Sprague Resources shares fell 1.05 percent to $23.50 in pre-market trading.
  • Bank of America downgraded Banc of California, Inc. BANC from Neutral to Underperform. Banc of California shares fell 0.77 percent to close at $19.35 on Thursday.


Top Initiations

  • JP Morgan initiated coverage on Holly Energy Partners, L.P. HEP with an Underweight rating. The price target for V is set to $30. Holly Energy Partners shares closed at $27.84 on Thursday.
  • Analysts at RBC Capital initiated coverage on Ritchie Bros. Auctioneers Incorporated RBA with a Sector Perform rating. The price target for Ritchie Bros. Auctioneers is set to $33. Ritchie Bros. Auctioneers closed at $32.21 on Thursday.
  • Berenberg initiated coverage on Infosys Limited INFY with a Sell rating. The price target for Infosys is set to $14. Infosys shares closed at $17.87 on Thursday.
  • BMO Capital initiated coverage on National Storage Affiliates Trust NSA with a Market Perform rating. The price target for National Storage Affiliates is set to $26. National Storage Affiliates shares closed at $25.26 on Thursday.
  • Analysts at Benchmark initiated coverage on Silicon Laboratories Inc. SLAB with a Buy rating. The price target for Silicon Laboratories is set to $120. Silicon Laboratories shares closed at $89.35 on Thursday.
  • H.C. Wainwright initiated coverage on Palatin Technologies, Inc. PTN with a Buy rating. The price target for Palatin Technologies is set to $5. Palatin Technologies shares closed at $1.20 on Thursday.
  • Longbow Research initiated coverage on Commercial Metals Company CMC with a Buy rating. The price target for Commercial Metals is set to $27. Commercial Metals shares closed at $20.17 on Thursday.
  • Analysts at KeyBanc initiated coverage on LogMeIn, Inc. LOGM with an Overweight rating. The price target for LogMeIn is set to $135. LogMeIn shares closed at $114.15 on Thursday.
Posted In: Initiationstop upgradesUpgradesDowngradesInitiationPre-Market OutlookAnalyst Ratings