Key Calls (Thursday): Upgrades, Downgrades & Initiations

 

 

 

 

 


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(Bloomberg) — Changes since prior close.

Upgrade

UPGRADES:

  • Ashford (AINC) upgraded to buy at B Riley FBR; PT $91
  • Canadian Western Bank (CWB CN) upgraded to buy at Canaccord; PT C$38
  • Celestica (CLS CN) upgraded to outperform at Macquarie; PT C$17.80
  • Celestica (CLS CN) upgraded to sector outperform at Scotiabank
  • Esterline (ESL) upgraded to neutral at Credit Suisse; PT $122.50
  • First Quantum Minerals (FM CN) upgraded to buy at Canaccord; PT C$19.50
  • GoDaddy (GDDY) upgraded to buy at Citi; PT Set to $86
  • Imperva (IMPV) upgraded to equal-weight at Morgan Stanley
  • Lear (LEA) upgraded to buy at Goldman; PT $195
  • Lumentum (LITE) upgraded to overweight at JPMorgan; Price Target $80
  • MBT (MBTF) upgraded to outperform at KBW; PT $14.50
  • MTY Food Group (MTY CN) upgraded to outperform at National Bank; PT C$70
  • SiteOne Landscape (SITE) upgraded to neutral at UBS

Downgrade

DOWNGRADES:

  • Covia Holdings (CVIA) downgraded to underweight at Morgan Stanley
  • Delphi Technologies (DLPH) downgraded to neutral at Goldman; PT $30
  • Edison International (EIX) downgraded to neutral at BofAML; PT $75
  • Hecla Mining (HL) downgraded to sell at Canaccord; PT $2.50
  • Huntington Ingalls (HII) downgraded to sell at Goldman; PT $208
  • IRSA ADRs (IRSA AR) downgraded to underweight at Morgan Stanley; PT $15
  • Imperva (IMPV) downgraded to inline at Evercore ISI; PT $55.75
  • Imperva (IMPV) downgraded to neutral at Macquarie; Price Target $55
  • Nevsun Resources (NSU CN) cut to hold at Canaccord; Price Target C$6
  • SNC-Lavalin Group (SNC CN) downgraded to neutral at CIBC; PT C$52
  • TransDigm (TDG) downgraded to neutral at Baird; Price Target $365
  • U.S. Silica (SLCA) downgraded to underweight at Morgan Stanley

INITIATION

INITIATIONS:

  • Alkaline Water Co Inc/The (WTER) rated new speculative buy at Canaccord
  • Andeavor Logistics (ANDX) rated new underperform at Credit Suisse
  • Antero Midstream GP (AMGP) rated new neutral at Credit Suisse; PT $20
  • Antero Midstream Partners (AM) rated new neutral at Credit Suisse
  • BP Midstream Partners (BPMP) rated new underperform at Credit Suisse
  • Buckeye Partners (BPL) rated new neutral at Credit Suisse; PT $35
  • CQP (CQP) rated new underperform at Credit Suisse; PT $38
  • Central Garden & Pet (CENT) rated new overweight at KeyBanc; PT $39
  • Cheniere Energy (LNG) rated new outperform at Credit Suisse; PT $91
  • DCP Midstream (DCP) rated new outperform at Credit Suisse; PT $57
  • Delek Logistics Partners (DKL) rated new underperform at Credit Suisse
  • EQT GP (EQGP) rated new neutral at Credit Suisse; PT $24
  • EQT Midstream Partners (EQM) rated new neutral at Credit Suisse
  • EnLink Midstream LLC (ENLC) rated new neutral at Credit Suisse; PT $19
  • EnLink Midstream Partners (ENLK) new underperform at Credit Suisse
  • Energy Transfer Equity (ETE) rated new outperform at Credit Suisse
  • Enterprise Products (EPD) rated new outperform at Credit Suisse
  • GasLog (GLOG) rated new buy at Deutsche Bank; PT $27
  • GasLog Partners (GLOP) rated new hold at Deutsche Bank; PT $25
  • Global Medical REIT (GMRE) rated new outperform at Baird; PT $11
  • Golar LNG (GLNG) rated new buy at Deutsche Bank; PT $36
  • Golar LNG Partners (GMLP) rated new hold at Deutsche Bank; PT $14
  • GreenSky (GSKY) rated new buy at BTIG; PT $23
  • Herbalife (HLF) rated new buy at Jefferies; PT $65
  • Hess Midstream (HESM) rated new outperform at Credit Suisse; PT $29
  • Holly Energy Partners (HEP) rated new neutral at Credit Suisse; PT $33
  • KLX Energy Services Holdings (KLXE) rated new buy at Gabelli
  • Kinder Morgan (KMI) rated new outperform at Credit Suisse; PT $23
  • Liberty Oilfield (LBRT) rated new outperform at Wolfe; PT $29
  • MPLX (MPLX) rated new outperform at Credit Suisse; PT $45
  • Magellan Midstream (MMP) rated new neutral at Credit Suisse; PT $77
  • NGL Energy Partners (NGL) rated new outperform at Credit Suisse
  • NextDecade (NEXT) rated new neutral at Credit Suisse; PT $6
  • Nightstar ADRs (NITE) rated new overweight at Cantor; PT $36
  • Noble Midstream Partners (NBLX) rated new outperform at Credit Suisse
  • Oasis Midstream Partners (OMP) rated new outperform at Credit Suisse
  • Oneok Inc (OKE) rated new neutral at Credit Suisse; PT $74
  • PBF Logistics (PBFX) rated new neutral at Credit Suisse; PT $24
  • Phillips 66 Partners (PSXP) rated new outperform at Credit Suisse
  • Plains All American (PAA) rated new outperform at Credit Suisse
  • Plains GP (PAGP) rated new outperform at Credit Suisse; PT $31
  • Qutoutiao ADRs (QTT) rated new hold at Deutsche Bank; PT $8.30
  • Sage Therapeutics (SAGE) rated new outperform at Oppenheimer; PT $170
  • Shell Midstream Partners (SHLX) rated new neutral at Credit Suisse
  • Summit Midstream Partners (SMLP) rated new outperform at Credit Suisse
  • Sunoco (SUN) rated new neutral at Credit Suisse; PT $31
  • Tallgrass Energy LP (TGE) rated new outperform at Credit Suisse
  • Targa Resources (TRGP) rated new neutral at Credit Suisse; PT $60
  • TechnipFMC (FTI) resumed at evercore isi With Outperform; PT $47
  • Teekay LNG Partners (TGP) rated new hold at Deutsche Bank
  • Tellurian (TELL) rated new outperform at Credit Suisse; PT $15
  • Tenaris ADRs (TEN IM) rated new peer perform at Wolfe; PT $36
  • Valero Energy Partners (VLP) rated new neutral at Credit Suisse
  • Western Gas EP (WGP) rated new neutral at Credit Suisse; PT $34
  • Western Gas Partners (WES) rated new neutral at Credit Suisse; PT $45
  • Williams Cos (WMB) rated new outperform at Credit Suisse; PT $35

 


Wednesday, October 10th: Upgrades, Downgrades & Initiations. 

Tuesday, October 9th: Upgrades, Downgrades & Initiations. 

Monday, October 8th: Upgrades, Downgrades & Initiations. 


-R.W.N II, yours in 322.

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