Benzinga's Top Upgrades, Downgrades For March 11, 2019

Top Upgrades

  • Analysts at Bank of America upgraded Apple Inc. AAPL from Neutral to Buy. Apple rose 1.6 percent to $175.62 in pre-market trading.
  • Nomura upgraded Facebook, Inc. FB from Neutral to Buy. Facebook shares rose 1.3 percent to $171.84 in pre-market trading.
  • Barclays upgraded Spirit Airlines Incorporated SAVE from Equal-Weight to Overweight. Spirit Airlines shares rose 0.6 percent to $51.99 in pre-market trading.
  • Analysts at JP Morgan upgraded FireEye Inc FEYE from Neutral to Overweight. FireEye shares rose 4.4 percent to $16.80 in pre-market trading.
  • Jefferies upgraded Nutanix Inc NTNX from Hold to Buy. Nutanix shares rose 2.4 percent to $35.31 in pre-market trading.
  • MKM Partners upgraded Infinera Corp. INFN from Neutral to Buy. Infinera shares fell 1.52 percent to close at $4.54 on Friday.
  • Jefferies upgraded China Mobile Ltd. CHL from Hold to Buy. China Mobile shares rose 0.46 percent to close at $ 51.86 on Friday.
  • Analysts at BMO Capital upgraded Weyerhaeuser Co WY from Market Perform to Outperform. Weyerhaeuser shares rose 1.7 percent to $25.08 in pre-market trading.
  • KeyBanc upgraded PGT Innovations Inc PGTI from Sector Weight to Overweight. PGT Innovations shares rose 2.6 percent to $14.53 in pre-market trading.
  • First Analysis upgraded Tabula Rasa HealthCare Inc TRHC from Outperform to Strong Buy. Tabula Rasa HealthCare shares gained 1.53 percent to close at $58.33 on Friday.

 

Top Downgrades

  • Barclays downgraded JetBlue Airways Corporation JBLU from Overweight to Equal-Weight. JetBlue shares fell 1.7 percent to $15.80 in pre-market trading.
  • Nomura downgraded Oracle Corporation ORCL from Buy to Reduce. Oracle shares fell 2 percent to $51.75 in pre-market trading.
  • Morgan Stanley downgraded SunTrust Banks, Inc. STI from Overweight to Equal-Weight. SunTrust shares fell 0.03 percent to $63.47 in pre-market trading.
  • KeyBanc downgraded Greenbrier Companies Inc GBX from Overweight to Sector Weight. Greenbrier shares rose 0.72 percent to close at $38.93 on Friday.
  • JP Morgan downgraded Orion Engineered Carbons SA OEC from Overweight to Neutral. Orion Engineered Carbons shares fell 17.77 percent to close at $21.80 on Friday.
  • Goldman Sachs downgraded UDR, Inc. UDR from Neutral to Sell. UDR shares rose 0.52 percent to close at $44.89 on Friday.
  • Pivotal Research downgraded Zumiez Inc. ZUMZ from Buy to Hold. Zumiez shares fell 2.5 percent to $24.00 in pre-market trading.
  • Jefferies downgraded China Biologic Products Holdings Inc CBPO from Hold to Underperform. China Biologic Products shares fell 0.93 percent to close at $82.83 on Friday.
  • BMO Capital downgraded Cronos Group Inc CRON from Market Perform to Underperform. Cronos shares fell 1.4 percent to $21.43 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded American Renal Associates Holdings Inc ARA from Buy to Hold. American Renal Associates shares fell 16.65 percent to close at $10.46 on Friday.

 

Top Initiations

  • Analysts at Goldman Sachs initiated coverage on Schlumberger Limited SLB with a Buy rating. The price target for Schlumberger is set to $55. Schlumberger shares closed at $41.29 on Friday.
  • Wedbush initiated coverage on TCR2 Therapeutics Inc. TCRR with an Outperform rating. The price target for TCR2 Therapeutics is set to $28. TCR2 Therapeutics shares closed at $15.64 on Friday.
  • H.C. Wainwright initiated coverage on Aileron Therapeutics Inc ALRN with a Buy rating. The price target for Aileron Therapeutics is set to $7. Aileron Therapeutics shares closed at $1.45 on Friday.
  • Analysts at Goldman Sachs initiated coverage on RPC, Inc. RES with a Sell rating. The price target for RPC is set to $10. RPC shares closed at $9.67 on Friday.
  • JP Morgan initiated coverage on Avedro Inc AVDR with an Overweight rating. The price target for Avedro is set to $16. Avedro shares closed at $11.70 on Friday.
  • Compass Point initiated coverage on Raymond James Financial, Inc. RJF with a Buy rating. The price target for Raymond James Financial is set to $96. Raymond James Financial shares closed at $80.35 on Friday.
  • Analysts at Barclays initiated coverage on CytomX Therapeutics Inc CTMX with an Overweight rating. CytomX Therapeutics shares closed at $9.50 on Friday.
  • Barclays initiated coverage on Cloudera Inc CLDR with an Equal-Weight rating. The price target for Cloudera is set to $16. Cloudera shares closed at $13.83 on Friday.
  • Analysts at Goldman Sachs initiated coverage on Halliburton Company HAL with a Buy rating. Halliburton shares closed at $27.47 on Friday.
  • H.C. Wainwright initiated coverage on Co-Diagnostics Inc CODX with a Buy rating. The price target for Co-Diagnostics is set to $2. Co-Diagnostics shares closed at $1.20 on Friday.
Posted In: InitiationsMaterialsPaper Productstop upgradesUpgradesDowngradesInitiationPre-Market OutlookAnalyst Ratings