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Top upgrades and downgrades on 6/10

Moomoo News ·  Jun 10, 2020 12:10  · Market

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Wednesday, June 10, 2020

Upgrades

1. Alembic Global Advisors upgrades Barnes Group(B) from Neutral to Overweight.  The price target is 57.

2. ABN Amro upgrades Coca-Cola European Partners(CCEP) from Sell to Hold. 

3. BofA/Merrill upgrades ClearBridge Energy MLP Fund(CEM) from Underperform to Neutral. 

4. BofA/Merrill upgrades Cognizant Tech(CTSH) from Underperform to Neutral.  The price target is 60.

5. Jefferies upgrades eBay(EBAY) from Underperform to Hold.  The price target is changed from $30 to $52.

6. Jefferies upgrades Etsy(ETSY) from Hold to Buy.  The price target is changed from $71 to $110.

7. Gordon Haskett upgrades Five Below(FIVE) from Hold to Buy.  The price target is 135.

8. BofA/Merrill upgrades Kayne Anderson(KYN) from Underperform to Neutral. 

9. SunTrust upgrades MacQuarie Infrastructure(MIC) from Hold to Buy. 

10. Loop Capital upgrades Marten Transport(MRTN) from Hold to Buy.  The price target is 27.

11. Mizuho upgrades OGE Energy(OGE) from Neutral to Buy.  The price target is changed from $36 to $37.

12. Alembic Global Advisors upgrades Woodward(WWD) from Neutral to Overweight.  The price target is 117.

13. B. Riley FBR upgrades TrueCar(TRUE) from Neutral to Buy.  The price target is 5.


Downgrades

1. JP Morgan downgrades Carrier Global(CARR) from Overweight to Neutral.  The price target is 20.

2. Goldman downgrades Cree(CREE) from Buy to Neutral.  The price target is changed from $50 to $56.

3. Robert W. Baird downgrades Cisco(CSCO) from Outperform to Neutral.  The price target is 48.

4. RBC Capital Mkts downgrades Chevron(CVX) from Sector Perform to Underperform.  The price target is 100.

5. JP Morgan downgrades IRSA Propiedades(IRCP) from Overweight to Neutral. 

6. JP Morgan downgrades JetBlue Airways(JBLU) from Neutral to Underweight.  The price target is 11.

7. Robert W. Baird downgrades RLJ Lodging Trust(RLJ) from Outperform to Neutral.  The price target is 13.

8. JP Morgan downgrades United Airlines(UAL) from Overweight to Neutral.  The price target is 43.

9. Macquarie downgrades United Micro(UMC) from Outperform to Neutral. 

10. BofA/Merrill downgrades Western Union(WU) from Buy to Neutral.  The price target is 26.

11. Credit Suisse downgrades Amcor(AMCR) from Outperform to Neutral. 

12. Bernstein downgrades Aramark(ARMK) from Outperform to Mkt Perform.  The price target is 34.

13. Wedbush downgrades Micron(MU) from Outperform to Neutral.  The price target is changed from $51 to $55.

14. RBC Capital Mkts downgrades SciPlay(SCPL) from Outperform to Sector Perform.  The price target is 13.

15. National Bank Financial downgrades Ritchie Bros.(RBA) from Sector Perform to Underperform. 

16. Sidoti downgrades InSteel Industries(IIIN) from Buy to Neutral.  The price target is 19.

17. BWS Financial downgrades Verso(VRS) from Strong Buy to Buy.  The price target is 29.5.

18. BofA/Merrill downgrades Grupo Aeroportuario del Pacifico(PAC) from Buy to Neutral. 

19. BofA/Merrill downgrades Grupo Aeroportuario(OMAB) from Buy to Neutral. 

20. Wolfe Research downgrades MGM Resorts(MGM) from Outperform to Peer Perform. 


Coverage Initiated

1. Raymond James initiates coverage on Ayala Pharmaceuticals(AYLA)  with an Outperform rating.  The price target is 24.

2. UBS initiates coverage on Glu Mobile(GLUU)  with a Buy rating.  The price target is 13.

3. Needham initiates coverage on Yext(YEXT)  with a Buy rating.  The price target is 19.

4. Morgan Stanley initiates coverage on TFI International(TFII)  with an Overweight rating.  The price target is 40.

5. ROTH Capital initiates coverage on Tellurian(TELL)  with a Buy rating.  The price target is 5.25.

Source : Wall Street Journal

Editor: Celeste

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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