Benzinga's Top Upgrades, Downgrades For April 26, 2019

Top Upgrades

  • Analysts at Raymond James upgraded Shutterfly, Inc. SFLY from Market Perform to Outperform. Shutterfly shares gained 3.1 percent to $43.50 in pre-market trading.
  • Goldman Sachs upgraded The Medicines Company MDCO from Neutral to Buy. Medicines Company shares rose 0.1 percent to $29.81 in pre-market trading.
  • B. Riley FBR upgraded Marcus Corp MCS from Neutral to Buy. Marcus shares gained 0.1 percent to $37.03 in pre-market trading.
  • JP Morgan upgraded Illinois Tool Works Inc. ITW from Underweight to Neutral. Illinois Tool Works shares fell 3.57 percent to close at $151.21 on Thursday.
  • Goldman Sachs upgraded Esperion Therapeutics Inc ESPR from Sell to Neutral. Esperion Therapeutics shares rose 1.6 percent to $43.80 in pre-market trading.
  • Analysts at William Blair upgraded Argo Group International Holdings, Ltd. ARGO from Market Perform to Outperform. Argo Group shares fell 0.42 percent to close at $74.12 on Thursday.


Top Downgrades

  • UBS downgraded FedEx Corporation FDX from Neutral to Sell. FedEx shares fell 1.8 percent to $185.50 in pre-market trading.
  • Wells Fargo downgraded Starbucks Corporation SBUX from Outperform to Market Perform. Starbucks shares fell 0.3 percent to $76.89 in pre-market trading.
  • Baird downgraded Western Digital Corp WDC from Neutral to Underperform. Western Digital shares fell 3.2 percent to $51.25 in pre-market trading.
  • Jefferies downgraded Reliance Steel & Aluminum Co RS from Buy to Hold. Reliance Steel shares rose 2.84 percent to close at $91.34 on Thursday.
  • Stephens & Co. downgraded Packaging Corp Of America PKG from Overweight to Equal-Weight. Packaging Corporation shares fell 0.88 percent to close at $97.94 on Thursday.
  • Barclays downgraded BankUnited BKU from Overweight to Underweight. BankUnited shares rose 0.5 percent to $36.28 in pre-market trading.
  • JP Morgan downgraded Axalta Coating Systems Ltd AXTA from Overweight to Neutral. Axalta Coating shares fell 0.5 percent to $26.62 in pre-market trading.
  • KeyBanc downgraded Qorvo Inc QRVO from Overweight to Sector Weight. Qorvo shares fell 2.7 percent to $75.23 in pre-market trading.

 

Top Initiations

  • Desjardins initiated coverage on Aurora Cannabis Inc ACB with a Buy rating. Aurora Cannabis shares closed at $9.07 on Thursday.
  • Analysts at Oppenheimer initiated coverage on Pareteum Corp TEUM with an Outperform rating. Pareteum closed at $3.89 on Thursday.
  • Cantor Fitzgerald initiated coverage on Tocagen Inc TOCA with an Overweight rating. Tocagen shares closed at $9.13 on Thursday.
  • SunTrust Robinson Humphrey initiated coverage on Vail Resorts, Inc. MTN with a Buy rating. The price target for Vail Resorts is set to $242. Vail Resorts shares closed at $216.81 on Thursday.
  • Analysts at Desjardins initiated coverage on Hexo Corp HEXO with a Buy rating. Hexo shares closed at $7.17 on Thursday.
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Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsConsumer DiscretionaryHotels, Resorts & Cruise Linestop upgrades
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