Key Calls (Friday): Upgrades, Downgrades & Initiations

 

 


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Upgrade

(Bloomberg) — Changes since prior close. UPGRADES:

  • Blucora (BCOR) upgraded to overweight at JPMorgan; PT $45
  • Cameco (CCO CN) upgraded to sector perform at Scotiabank; PT C$15
  • Ceragon Networks (CRNT) raised to outperform at Oppenheimer; PT $4.50
  • Devon (DVN) upgraded to overweight at Piper Jaffray
  • HCP (HCP) upgraded to overweight at Cantor; PT $29
  • Lowe’s (LOW) upgraded to buy at SunTrust; PT $138
  • Mainstreet Health Investments (IVQ/U CN) raised to outperform at CIBC
  • Norwegian Cruise (NCLH) upgraded to neutral at Macquarie; PT $55
  • Scana (SCG) upgraded to neutral at UBS; PT $41
  • StealthGas (GASS) upgraded to attractive at Drewry; Price Target $4.50
  • Summit Industrial (SMU-U CN) upgraded to buy at Canaccord; PT C$10

Downgrade

DOWNGRADES:

  • Apache (APA) downgraded to neutral at Piper Jaffray
  • CAI (CAI) downgraded to market perform at Wells Fargo
  • Costamare (CMRE) downgraded to market perform at Wells Fargo
  • Hess (HES) downgraded to neutral at Piper Jaffray
  • Leucrotta Exploration (LXE CN) downgraded to hold at GMP; PT C$2.45
  • MedEquities Realty (MRT) downgraded to neutral at Cantor
  • Omnicom (OMC) downgraded to underweight at Barclays; PT $75
  • Phillips 66 Partners (PSXP) cut to underweight at Morgan Stanley
  • Seaspan (SSW) downgraded to underperform at Wells Fargo
  • Sonic (SONC) downgraded to neutral at Wedbush
  • TFI International (TFII CN) downgraded to neutral at CIBC; PT C$52
  • Telecom Argentina ADRs (TECO2 AR) downgraded to neutral at BofAML
  • Tesla (TSLA) downgraded to sell at Citi
  • Textainer Group (TGH) downgraded to underperform at Wells Fargo
  • Triton International (TRTN) downgraded to market perform at Wells Fargo
  • Volaris ADRs (VOLARA MM) downgraded to reduce at HSBC; PT $6.85

INITIATIONS:

  • Atlantica Yield (AY) rated new buy at Deutsche Bank
  • Brookfield Renewable Partners (BEP-U CN) rated new sell at Deutsche Bank
  • Cue Biopharma (CUE) rated new buy at B Riley FBR; PT $14.50
  • Horizon North Logistics (HNL CN) reinstated outperform at Alta Corp
  • Hormel (HRL) rated new neutral at JPMorgan; PT $41
  • Immutep ADRs (IMM AU) rated new buy at B Riley FBR; PT $7.75
  • Myers Industries (MYE) rated new market perform at Cowen; PT $25
  • PetIQ (PETQ) rated new buy at CL King; PT $49
  • Q2 Holdings (QTWO) rated new equal-weight at Stephens; PT $70
  • TechTarget (TTGT) rated new outperform at Raymond James
  • TerraForm Power (TERP) resumed at deutsche bank With Hold
  • TransDigm (TDG) rated new buy at Berenberg
  • WPX Energy (WPX) rated new buy at Jefferies; PT $28
  • Zynga (ZNGA) rated new buy at Stifel; PT $5

 


-R.W.N II

BanyanMe

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