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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Here Are This Morning’s Analyst Upgrades/Downgrades

The sages from Wall Street have spoken. Heed their worldly advice, for they are in possession of CFA’s, which makes them superior beings to all of you.

Source: Briefing.com
Zymeworks initiated with a Outperform at Wells Fargo (13.06)
Orthofix initiated with a Buy at SunTrust; tgt $49 (41.73)
Apple indicated modestly higher; Hearing Longbow calling for an in-line quarter with lagging China demand (153.99)
Berkshire Hills Bancorp upgraded to Outperform from Market Perform at FIG Partners (35.60)
Lilis Energy initiated with a Buy at Seaport Global Securities; tgt $8.50 (5.28)
Cloudera initiated with a Outperform at Raymond James; tgt $23 (20.91)
Overseas Research Calls
Splunk target raised to $75 at RBC Capital Mkts (66.49)
Qualys target raised to $45 at RBC Capital Mkts (43.00)
Carvana initiated with a Mkt Outperform at JMP Securities; tgt $17 (11.08)
Cloudera initiated with a Mkt Perform at JMP Securities (20.91)
InterXion target raised to $50 at RBC Capital Mkts (44.86)
Zymeworks initiated with a Buy at Canaccord Genuity; tgt $18 (13.06)
Zymeworks initiated with a Buy at Citigroup; tgt $18 (13.06)
Cloudera initiated with a Buy at Stifel; tgt $24 — Pulling big data out of the clouds (20.91)
Dicerna Pharmaceuticals resumed with a Buy at H.C. Wainwright; tgt $5 (3.28)
NCS Multistage initiated with a Outperform at Credit Suisse; tgt $27 (24.00)
Huron Consulting initiated with a Hold at The Benchmark Company (41.20)
Emerald Expositions Events initiated with a Buy at BofA/Merrill; tgt $25 (22.00)
Emerald Expositions Events initiated with a Neutral at Credit Suisse; tgt $24 (22.00)
Emerald Expositions Events initiated with a Buy at Deutsche Bank; $25 tgt (22.00)
Evercore downgraded to Neutral from Buy at Goldman (70.90)
Dentsply Sirona downgraded to Sell from Neutral at Goldman (62.59)
Sierra Bancorp upgraded to Buy from Neutral at DA Davidson (24.18)
Reliance Steel upgraded to Buy from Neutral at BofA/Merrill (71.26)
Union Bankshares upgraded to Outperform from Mkt Perform at Keefe Bruyette (31.36)
AveXis initiated with a Buy at Citigroup; tgt $90 (69.06)
Columbia Sportswear removed from Conviction Buy List at Goldman (53.17)
NCS Multistage initiated with a Outperform at Wells Fargo (24.00)
JB Hunt Trans initiated with a Overweight at JP Morgan; tgt $107 (84.25)
Hub Group initiated with a Neutral at JP Morgan; tgt $37 (34.45)
Zymeworks initiated with an Overweight at Barclays (13.06)
Formula One Group K initiated with an Equal Weight at Barclays (30.95)
NCS Multistage initiated with a Neutral at JP Morgan; tgt $24 (24.00)
Carvana initiation details — Outperform at Robert W. Baird; tgt $15 (11.08)
Emerald Expositions Events initiated with a Neutral at Robert W. Baird; tgt $23 (22.00)
Domino’s Pizza initiated with a Market Perform at Wells Fargo (198.82)
Carvana initiated with a Buy at Citigroup; tgt $17 (11.08)
Cloudera initiated with a Neutral at Citigroup; tgt $23 (20.91)
Cloudera initiated with a Overweight at JP Morgan; tgt $24 (20.91)
Carvana initiated with a Buy at BofA/Merrill; tgt $25 (11.08)
F.N.B. Corp upgraded to Overweight from Neutral at JP Morgan (13.49)
McKesson upgraded to Overweight from Neutral at JP Morgan (155.42)
Emerald Expositions Events initiated with an Overweight at Barclays; $25 tgt (22.00)
Papa Murphy’s assumed coverage/downgraded to Market Perform from Outperform at Wells Fargo (5.04)
Bank of Nova Scotia upgraded to Overweight from Equal Weight at Barclays (56.01)
Bank of Montreal, Toronto-Dominion Bank (TD) upgraded to Equal Weight from Underweight at Barclays (69.35)
On Deck Capital upgraded to Outperform at FBR & Co.; tgt $5 (3.63)
Sonic initiated with a Market Perform at Wells Fargo (28.01)
OncoCyte target raised to $7.75 at Chardan Capital Markets (7.35)
Emerald Expositions Events initiated with a Neutral at Goldman (22.00)
Carvana initiated with an Outperform at BMO Capital; $15 tgt (11.08)
Xilinx downgraded to Market Perform from Outperform at Wells Fargo (67.52)
Wingstop added to Conviction Buy List at Goldman (29.65)
Christopher & Banks: Checks indicate traffic remained soft in Q1 but positive commentary around new initiatives builds firm’s confidence for a strong 2H17 — Dougherty (1.10)
Carvana initiated with an Outperform at Robert W. Baird (11.08)
NCS Multistage initiated with a Overweight at Piper Jaffray; tgt $28 (24.00)
PAREXEL upgraded to Neutral from Sell at Goldman (79.31)
Cloudera initiated with a Buy at Deutsche Bank (20.91)
Atwood Oceanics upgraded to Neutral from Sell at Goldman (8.73)
Helmerich & Payne downgraded to Sell from Neutral at Goldman (59.88)
Carvana initiated with a Outperform at Wells Fargo (11.08)
NCS Multistage initiated with a Outperform at RBC Capital Mkts; tgt $29 (24.00)
Emerald Expositions Events initiated with a Outperform at RBC Capital Mkts; tgt $25 (22.00)
MiMedx Group downgraded to Underweight at First Analysis Sec on valuation (14.33)

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5 comments

  1. traderconfessions
    traderconfessions

    99% upgrades.. analysts are such fuckers. Love when they boost target a buck. Did I mention they are idiots?

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    • Dr. Fly

      Read Confessions of a Wall Street analyst.

      Illuminating

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      • sarcrilege

        Yeah, illuminating. Exactly the reason why I don’t gamble in the casino called stock market. The big banks on Wall Street have access to more sophisticated information than joe investor. No sense competing with them. The big houses publish fake info and front-run and muppet everybody stupid and dumb. Really, if one wants to know how greedy bankers steal money from gullible joe sixpacks, this is the book to read. These so called analysts are just greedy thieves.

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        • aflow90

          You’re right. Absolutely everyone is out to get you. Why even bother living?

          I’ve got some real nice rope I’m willing to sell you.

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          • sarcrilege

            Perhaps it would help if you read the book first before you open your fat pie-hole.

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