Benzinga's Top Upgrades, Downgrades For June 5, 2018

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Top Upgrades

  • Craig-Hallum upgraded Teladoc, Inc. TDOC from Hold to Buy. Teladoc shares rose 2.31 percent to $53.10 in pre-market trading.
  • Analysts at MKM Partners upgraded Discovery, Inc. DISCA from Neutral to Buy. Discovery shares rose 0.67 percent to close at $21.09 on Monday.
  • Bernstein upgraded Noble Corporation plc NE from Underperform to Market Perform. Noble shares fell 0.36 percent to $5.51 in pre-market trading.

Top Downgrades

  • BMO Capital downgraded Take-Two Interactive Software, Inc. TTWO from Outperform to Market Perform. Take-Two shares fell 1.02 percent to $112.52 in pre-market trading.
  • Bank of America downgraded First Solar, Inc. FSLR from Buy to Neutral. First Solar shares fell 2.82 percent to $60.00 in pre-market trading.
  • Cowen & Co. downgraded Jounce Therapeutics, Inc. JNCE from Outperform to Market Perform. Jounce Therapeutics shares fell 2.14 percent to $7.31 in pre-market trading.
  • Raymond James downgraded Newtek Business Services Corp. NEWT from Outperform to Market Perform. Newtek Business Services shares fell 3.14 percent to $20.05 in pre-market trading.
  • Needham downgraded Okta, Inc. OKTA from Buy to Hold. Okta shares fell 4.92 percent to $54.54 in pre-market trading.
  • Northcoast Research downgraded DENTSPLY SIRONA Inc. XRAY from Buy to Neutral. Dentsply Sirona shares fell 1.07 percent to $43.47 in pre-market trading.
  • JP Morgan downgraded Park Hotels & Resorts Inc. PK from Overweight to Neutral. Park Hotels shares fell 0.06 percent to close at $32.41 on Monday.
  • IFS Securities downgraded Loxo Oncology, Inc. LOXO from Strong Buy to Market Perform. Loxo Oncology shares fell 0.73 percent to $182.49 in pre-market trading.

Top Initiations

  • Bank of America initiated coverage on Weight Watchers International, Inc. WTW with a Buy rating. The price target for Weight Watchers is set to $95. Weight Watchers shares closed at $79.55 on Monday.
  • Analysts at Seaport Global initiated coverage on Abeona Therapeutics Inc. ABEO with a Buy rating. The price target for Abeona Therapeutics is set to $29. Abeona Therapeutics shares closed at $15.525 on Monday.
  • Jefferies initiated coverage on Corvus Pharmaceuticals, Inc. CRVS with a Buy rating. The price target for Corvus Pharmaceuticals is set to $17. Corvus Pharmaceuticals shares closed at $11.56 on Monday.
  • Suntrust initiated coverage on Evergy Inc EVRG with a Buy rating. The price target for Wyndham Hotels is set to $61.
  • Analysts at Baird initiated coverage on Cision Ltd. CISN with an Outperform rating. The price target for Cision is set to $19. Cision closed at $15.53 on Monday.
  • Analysts at Compass Point initiated coverage on E*TRADE Financial Corporation ETFC with a Buy rating. The price target for E*TRADE is set to $56. E*TRADE shares closed at $64.50 on Monday.
  • Compass Point initiated coverage on TD Ameritrade Holding Corporation AMTD with a Buy rating. The price target for TD Ameritrade is set to $74. TD Ameritrade shares closed at $61.07 on Monday.
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