Benzinga's Top Upgrades, Downgrades For May 11, 2018

Top Upgrades

  • JP Morgan upgraded Verizon Communications Inc. VZ from Neutral to Overweight. Verizon shares rose 0.97 percent to $47.65 in pre-market trading.
  • Barclays upgraded Sarepta Therapeutics, Inc. SRPT from Equal-Weight to Overweight. Sarepta Therapeutics shares rose 1.86 percent to $92.00 in pre-market trading.
  • Nomura upgraded Semiconductor Manufacturing International Corporation SMI from Reduce to Neutral. Semiconductor Manufacturing shares fell 3.31 percent to $7.00 in pre-market trading.
  • Bernstein upgraded Baidu, Inc. BIDU from Underperform to Market Perform. Baidu shares rose 0.86 percent to $271.00 in pre-market trading.
  • Wedbush upgraded Voyager Therapeutics, Inc. VYGR from Neutral to Outperform. Voyager Therapeutics shares gained 4.42 percent to $17.50 in pre-market trading.
  • Analysts at SunTrust Robinson Humphrey upgraded Great Plains Energy Incorporated GXP from Hold to Buy. Great Plains Energy shares rose 0.84 percent to close at $32.23 on Thursday.
  • Barclays upgraded Ultragenyx Pharmaceutical Inc. RARE from Equal-Weight to Overweight. Ultragenyx Pharmaceutical shares rose 0.61 percent to close at $59.76 on Thursday.
  • Cowen & Co. upgraded Switch, Inc. SWCH from Underperform to Market Perform. Switch shares rose 3.57 percent to $15.95 in pre-market trading.
  • RBC Capital upgraded The Mosaic Company MOS from Sector Perform to Outperform. Mosaic shares rose 1.52 percent to $26.77 in pre-market trading.
  • Credit Suisse upgraded Mercer International Inc. MERC from Neutral to Outperform. Mercer shares rose 1.39 percent to close at $14.55 on Thursday.


Top Downgrades

  • Macquarie downgraded Symantec Corporation SYMC from Outperform to Neutral. Symantec shares dropped 26.32 percent to $21.50 in pre-market trading.
  • Credit Suisse downgraded Kohl's Corporation KSS from Outperform to Neutral. Kohl's shares fell 1.70 percent to $59.50 in pre-market trading.
  • BTIG Research downgraded Q2 Holdings, Inc. QTWO from Buy to Neutral. Q2 Holdings shares rose 2.54 percent to close at $58.45 on Thursday.
  • RBC Capital downgraded Presidio, Inc. PSDO from Outperform to Sector Perform. Presidio shares rose 1.71 percent to close at $15.45 on Thursday.
  • Barclays downgraded Halozyme Therapeutics, Inc. HALO from Equal-Weight to Underweight. Halozyme Therapeutics shares fell 8.61 percent to $18.25 in pre-market trading.
  • Deutsche Bank downgraded Coty Inc. COTY from Buy to Hold. Coty shares fell 2.07 percent to $14.20 in pre-market trading.
  • Wells Fargo downgraded Choice Hotels International, Inc. CHH from Outperform to Market Perform. Choice Hotels shares fell 0.18 percent to close at $83.20 on Thursday.
  • BMO Capital downgraded ARMO BioSciences, Inc. ARMO from Outperform to Market Perform. ARMO BioSciences shares rose 0.26 percent to $49.93 in pre-market trading.
  • Baird downgraded Triumph Group, Inc. TGI from Outperform to Neutral. Triumph shares fell 8.52 percent to close at $22.55 on Thursday.


Top Initiations

  • Analysts at Wedbush initiated coverage on Abercrombie & Fitch Co. ANF with a Neutral rating. The price target for Abercrombie & Fitch is set to $25. Abercrombie & Fitch shares closed at $26.12 on Thursday.
  • H.C. Wainwright initiated coverage on Riot Blockchain, Inc. RIOT with a Buy rating. The price target for Riot Blockchain is set to $9. Riot Blockchain shares closed at $7.23 on Thursday.
  • Analysts at Stephens & Co. initiated coverage on TriCo Bancshares TCBK with an Overweight rating. The price target for TriCo Bancshares is set to $43. TriCo Bancshares shares closed at $37.32 on Thursday.
  • Needham initiated coverage on Euronet Worldwide, Inc. EEFT with a Buy rating. The price target for Euronet Worldwide is set to $100. Euronet Worldwide shares closed at $83.70 on Thursday.
  • Wedbush initiated coverage on Lululemon Athletica Inc. LULU with a Neutral rating. The price target for Lululemon is set to $90. Lululemon shares closed at $97.91 on Thursday.
  • BMO Capital initiated coverage on Cision Ltd. CISN with an Outperform rating. The price target for Cision is set to $16. Cision shares closed at $13.48 on Thursday.
  • H.C. Wainwright initiated coverage on Spero Therapeutics, Inc. SPRO with a Buy rating. The price target for Spero Therapeutics is set to $28. Spero Therapeutics shares closed at $11.59 on Thursday.
  • Wedbush initiated coverage on American Eagle Outfitters, Inc. AEO with an Outperform rating. The price target for American Eagle is set to $25. American Eagle shares closed at $20.11 on Thursday.
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 RatingsApparel, Accessories & Luxury GoodsConsumer DiscretionaryInitiationstop 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!