Benzinga's Top Upgrades, Downgrades For August 6, 2020

Upgrades

  • KeyBanc upgraded Synaptics, Incorporated SYNA from Sector Weight to Overweight. Synaptics shares rose 8% to trade at $89.23 in today’s session.
  • Barclays upgraded Teva Pharmaceutical Industries Ltd TEVA from Underweight to Equal-Weight. Teva Pharmaceutical shares fell 4.3% to $12.11 in today’s regular session.
  • JP Morgan upgraded Godaddy Inc GDDY from Neutral to Overweight. GoDaddy shares gained 4.9% to $78.06 in today’s regular session.
  • Roth Capital upgraded Etsy Inc ETSY from Neutral to Buy. Etsy shares fell 3.9% to $130.22 in today’s regular session.
  • Analysts at Rosenblatt upgraded Infinera Corp. INFN from Neutral to Buy. Infinera shares climbed 18% to $9.20 in today’s session.
  • Compass Point upgraded Square Inc SQ from Sell to Neutral. Square shares gained 5.8% to $154.85 in today’s session.


Downgrades

  • Needham downgraded Livongo Health Inc LVGO from Buy to Hold. Livongo Health shares rose 4.7% to $134.05 in today’s session.
  • Barclays downgraded G-III Apparel Group, Ltd. GIII from Equal-Weight to Underweight. G-III Apparel shares dropped 9.5% to $9.88 in today’s session.
  • JP Morgan downgraded Vulcan Materials Company VMC from Overweight to Neutral. Vulcan Materials shares rose 0.1% to $126.55 in today’s session.
  • KeyBanc downgraded Harsco Corp HSC from Overweight to Sector Weight. Harsco shares fell 8% to $15.02 in today’s session.


Initiations

  • SVB Leerink initiated coverage on Zymeworks Inc ZYME with an Outperform rating. The price target for Zymeworks is set to $45. Zymeworks shares rose 1.5% to $31.75 in today’s session.
  • Credit Suisse assumed Dollar General Corp. DG with an Neutral rating. The price target for Dollar General is set to $182. Dollar General shares fell 1.5% to $192.31 in today’s session.
  • Analysts at Bernstein initiated coverage on Li Auto Inc. LI with a Outperform rating. The price target for Li Auto is set to $21. Li Auto shares gained 10.4% to $18.49 in today’s session.
  • Analysts at Credit Suisse assumed Dollar Tree, Inc. DLTR with a Outperform rating. The price target for Dollar Tree is set to $107. Dollar Tree shares fell 0.3% to $95.52 in today’s session.
Posted In: Initiationstop upgradesUpgradesDowngradesInitiationIntraday UpdateAnalyst Ratings