Benzinga's Top Upgrades, Downgrades For October 18, 2017

Top Upgrades

  • William Blair upgraded Syntel, Inc. SYNT from Underperform to Market Perform. Syntel shares rose 2.67 percent to $24.95 in pre-market trading.
  • Barclays upgraded Equinix, Inc. EQIX from Equal-Weight to Overweight. Equinix shares rose 1.82 percent to $470.00 in pre-market trading.
  • Telsey Advisory Group upgraded Omnicom Group Inc. OMC from Market Perform to Outperform. Omnicom shares gained 2.22 percent to close at $75.59 on Tuesday.
  • Deutsche Bank upgraded Fortinet Inc FTNT from Hold to Buy. Fortinet shares gained 3.13 percent to $40.49 in pre-market trading.
  • Analysts at RBC Capital upgraded Ellie Mae Inc ELLI from Sector Perform to Outperform. Ellie Mae shares rose 0.69 percent to close at $87.37 on Tuesday.
  • Longbow Research upgraded GoPro Inc GPRO from Neutral to Buy. GoPro shares rose 4.77 percent to $9.67 in pre-market trading.
  • Oppenheimer upgraded W W Grainger Inc GWW from Perform to Outperform. Grainger shares rose 0.16 percent to $205.75 in pre-market trading.
  • Analysts at Citigroup upgraded Merck & Co., Inc. MRK from Neutral to Buy. Merck shares rose 1.20 percent to $63.98 in pre-market trading.
  • Analysts at Jefferies upgraded Lattice Semiconductor Corp LSCC from Hold to Buy. Lattice Semiconductor shares rose 2.73 percent to $5.65 in pre-market trading.
  • Analysts at Bank of America upgraded Magna International Inc. (USA) MGA from Underperform to Buy. Magna shares rose 2.94 percent to $55.02 in pre-market trading.


Top Downgrades

  • Societe Generale downgraded Chevron Corporation CVX from Buy to Hold. Chevron shares fell 0.22 percent to $119.96 in pre-market trading.
  • Analysts at Mizuho downgraded Blackhawk Network Holdings Inc HAWK from Buy to Neutral. Blackhawk shares fell 2.11 percent to $32.55 in pre-market trading.
  • JP Morgan downgraded Virtu Financial Inc VIRT from Neutral to Underweight. Virtu Financial shares fell 3.66 percent to close at $15.80 on Tuesday.
  • Cowen & Co. downgraded Colfax Corp CFX from Outperform to Market Perform. Colfax shares fell 0.68 percent to close at $42.50 on Tuesday.
  • Piper Jaffray downgraded Ulta Beauty Inc ULTA from Overweight to Neutral. Ulta Beauty shares fell 2.61 percent to $197.00 in pre-market trading.
  • BMO Capital downgraded Chevron Corporation CVX from Outperform to Market Perform. Chevron shares fell 0.39 percent to $119.75 in pre-market trading.
  • Analysts at Stifel Nicolaus downgraded MGM Resorts International MGM from Buy to Hold. MGM shares fell 0.79 percent to $30.25 in pre-market trading.
  • Bank of America downgraded Chipotle Mexican Grill, Inc. CMG from Neutral to Underperform. Chipotle shares declined 2.66 percent to $320.55 in pre-market trading.
  • Raymond James downgraded Mobileiron Inc MOBL from Outperform to Market Perform. MobileIron shares dropped 2.56 percent to close at $3.80 on Tuesday.
  • FBR Capital downgraded PacWest Bancorp PACW from Buy to Neutral. PacWest Banc shares fell 1.18 percent to $46.07 in pre-market trading.


Top Initiations

  • Wells Fargo initiated coverage on Beacon Roofing Supply, Inc. BECN with a Market Perform rating. The price target for Beacon Roofing is set to $58. Beacon Roofing shares closed at $52.99 on Tuesday.
  • Janney Capital initiated coverage on Aaron's, Inc. AAN with a Neutral rating. The price target for Aaron's is set to $42. Aaron's shares closed at $41.55 on Tuesday.
  • Analysts at RBC Capital initiated coverage on Inovio Pharmaceuticals Inc INO with an Outperform rating. The price target for Inovio Pharmaceuticals is set to $11. Inovio Pharmaceuticals shares closed at $6.24 on Tuesday.
  • H.C. Wainwright initiated coverage on T2 Biosystems Inc TTOO with a Buy rating. The price target for T2 Biosystems is set to $8. T2 Biosystems shares closed at $4.21 on Tuesday.
  • Baird initiated coverage on W.P. Carey Inc. REIT WPC with an Outperform rating. The price target for W.P. Carey is set to $77. W.P. Carey shares closed at $69.28 on Tuesday.
  • Analysts at UBS initiated coverage of TreeHouse Foods Inc. THS with a Neutral rating. The price target for TreeHouse Foods is set to $70. TreeHouse Foods shares closed at $68.05 on Tuesday.
  • Analysts at Wells Fargo initiated coverage on GMS Inc GMS with a Market Perform rating. The price target for GMS is set to $38. GMS shares closed at $35.09 on Tuesday.
  • Analysts at Taglich Brothers initiated coverage on Catasys, Inc. CATS with a Speculative Buy rating. The price target for Catasys is set to $8. Catasys shares closed at $3.84 on Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼
Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsDowngradesInformation TechnologySemiconductorstop upgrades
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!