Top Analyst Upgrades and Downgrades: CSC, Chevron, Coach, Duke, Newmont, Sprint and More
Avinger Inc. (NASDAQ: AVGR) was started with a Buy rating and $18 target (versus a $10.66 close) at Canaccord Genuity.
Basic Energy Services Inc. (NYSE: BAS) was downgraded to Outperform from Strong Buy at Raymond James.
BP Prudhoe Bay Royalty Trust (NYSE: BPT) was started as Underweight at J.P. Morgan.
Chegg Inc. (NYSE: CHGG) was raised to Outperform from Market Perform at BMO Capital Markets.
DSW Inc. (NYSE: DSW) was raised to Buy from Neutral at Sterne Agee, with a $45 price target, after closing at $36.87.
Eni SpA (NYSE: E) was downgraded to Underperform from Hold at Jefferies.
Hain Celestial Group Inc. (NASDAQ: HAIN) was maintained as a Buy at Canaccord Genuity, but the price target was raised to $68 from $64.
HSBC PLC (NYSE: HSBC) was downgraded to Neutral from Buy at UBS.
Memorial Production Partners L.P. (NASDAQ: MEMP) was raised to Overweight from Neutral at J.P. Morgan.
Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) was raised to Buy from Neutral at UBS.
Olympic Steel Inc. (NASDAQ: ZEUS) was downgraded to Underperform from Neutral.
Rosetta Resources Inc. (NASDAQ: ROSE) fell 5% on Monday and shares were down another 14% at $18.75 early on Monday. The company was downgraded to Neutral from Buy at Merrill Lynch, to Hold from Buy at Topeka Capital Markets and to Market Perform from Outperform at BMO Capital Markets.
Williams Partners L.P. (NYSE: WPZ) was downgraded to Neutral from Buy at Citigroup.
Williams Companies Inc. (NYSE: WMB) was downgraded to Neutral from Buy at Citigroup.
Worthington Industries Inc. (NYSE: WOR) was downgraded to Neutral from Outperform.
In case you missed Monday’s top analyst upgrades, downgrades, and initiations, they included Arch Coal, Boeing, CSX, DirecTV, LabCorp and a dozen more.