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

Top Upgrades

  • Analysts at Morgan Stanley upgraded Tesla Motors Inc TSLA from Equal-Weight to Overweight. Tesla shares rose 4.25 percent to $248.50 in pre-market trading.
  • Longbow Research upgraded Cummins Inc. CMI from Neutral to Buy. Cummins shares rose 0.71 percent to close at $139.90 on Wednesday.
  • Analysts at Scotiabank upgraded CSX Corporation CSX from Sector Perform to Sector Outperform. CSX shares climbed 17.27 percent to $43.25 in pre-market trading.
  • Bernstein upgraded Hilton Worldwide Holdings Inc HLT from Market Perform to Outperform. Hilton Worldwide shares rose 0.44 percent to $57.20 in pre-market trading.
  • Analysts at Evercore ISI Group upgraded Edison International EIX from Hold to Buy. Edison shares dropped 0.29 percent to close at $72.30 on Wednesday.
  • HSBC upgraded Verizon Communications Inc. VZ from Neutral to Buy. Verizon shares rose 0.48 percent to $52.50 in pre-market trading.
  • Macquarie upgraded Netflix, Inc. NFLX from Underperform to Neutral. Netflix shares gained 6.70 percent to $142.19 in pre-market trading.
  • UBS upgraded Devon Energy Corp DVN from Sell to Neutral. Devon Energy shares fell 0.26 percent to close at $46.36 on Wednesday.
  • Analysts at Goldman Sachs upgraded Panera Bread Co PNRA from Neutral to Buy. Panera Bread shares rose 1.34 percent to $216.00 in pre-market trading.
  • Analysts at UBS upgraded HP Inc HPQ from Neutral to Buy. HP shares rose 1.51 percent to $14.80 in pre-market trading.


Top Downgrades

  • UBS downgraded Exxon Mobil Corporation XOM from Neutral to Sell. Exxon Mobil shares fell 0.44 percent to $85.90 in pre-market trading.
  • Goldman Sachs downgraded Target Corporation TGT from Neutral to Sell. Target shares dropped 0.67 percent to $66.40 in pre-market trading.
  • Citigroup downgraded ASML Holding NV (ADR) ASML from Buy to Neutral. ASML shares fell 1.24 percent to $121.44 in pre-market trading.
  • Jefferies downgraded Autoliv Inc. ALV from Buy to Hold. Autoliv shares fell 0.46 percent to $113.14 in pre-market trading.
  • Bank of America downgraded Kate Spade & Co KATE from Buy to Neutral. Kate Spade shares fell 1.64 percent to $17.98 in pre-market trading.
  • Analysts at Wells Fargo downgraded The Coca-Cola Co KO from Outperform to Market Perform. Coca-Cola shares fell 0.53 percent to $41.07 in pre-market trading.
  • Barclays downgraded Cerner Corporation CERN from Overweight to Equal-Weight. Cerner shares dropped 0.48 percent to close at $52.29 on Wednesday.
  • Analysts at Citigroup downgraded United States Steel Corporation X from Buy to Neutral. United States Steel shares declined 1.52 percent to $34.40 in pre-market trading.
  • Analysts at Goldman Sachs downgraded Telefonaktiebolaget LM Ericsson ERIC from Neutral to Sell. Ericsson shares dropped 0.85 percent to $5.86 in pre-market trading.
  • Bernstein downgraded Dean Foods Co DF from Outperform to Market Perform. Dean Foods shares dropped 1.03 percent to $21.09 in pre-market trading.


Top Initiations

  • Analysts at SunTrust Robinson Humphrey initiated coverage of Rockwell Collins, Inc. COL with a Hold rating. The price target for Rockwell Collins is set to $101. Rockwell Collins shares closed at $89.60 on Wednesday.
  • Analysts at CLSA initiated coverage on Lululemon Athletica inc. LULU with an Underperform rating. The price target for Lululemon is set to $73. Lululemon shares closed at $68.50 on Wednesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Heico Corp HEI with a Buy rating. The price target for Heico is set to $85. Heico shares closed at $77.17 on Wednesday.
  • Analysts at HSBC initiated coverage on Comcast Corporation CMCSA with a Buy rating. Comcast shares closed at $72.29 on Wednesday.
  • Analysts at CLSA initiated coverage of Nike Inc NKE with an Underperform rating. The price target for Nike is set to $55. Nike shares closed at $53.27 on Wednesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on AAR Corp. AIR with a Buy rating. The price target for AAR is set to $38. AAR shares closed at $31.93 on Wednesday.
  • Analysts at CLSA initiated coverage on Under Armour Inc UA with a Buy rating. The price target for Under Armour is set to $37. Under Armour shares closed at $25.35 on Wednesday.
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Posted In: UpgradesDowngradesInitiationAnalyst RatingsApparel, Accessories & Luxury GoodsConsumer DiscretionaryDowngradesInitiationstop upgrades
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