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Benzinga's Top Analyst Calls From April 23, 2018

Bill Haddad
  • Macquarie upgrades Zillow Group (NASDAQ: ZG) from Neutral to Outperform, raises price target from $48 to $75; Calls iBuyer pivot “very positive strategic move."
  • Imperial Capital downgrades Controladora Vuela Co Avcn SA CV (ADR) (NYSE: VLRS) from Outperform to In-Line and lowered price target from $12 to $7.50 due to geopolitical uncertainty, including NAFTA negotiations, higher fuel prices, competition among low-cost carriers and overcapacity in domestic market.
  • Stifel Nicolaus upgrades Westinghouse Air Brake Technologies Corp (NYSE: WAB) from Hold to Buy and increased price target from $75 to $99; Says co.’s acquisition of General Electric Company (NYSE: GE)’s rail business lends long-sought exposure to international markets.
  • Stifel Nicolaus upgrades Hanesbrands Inc. (NYSE: HBI) from Hold to Buy and raises price target from $21 to $23; Says co. has seen more diversified mix in recent years, and Champion brand should see double-digit growth rate moving forward.
  • Canaccord Genuity cut Helios and Matheson Analytics Inc (NASDAQ: HMNY) price target from $15 to $12 to reflect greater share count following recent equity offering, though still sees potential for breakeven operating cash flow and gross margin In 2019.
  • Canaccord Genuity upgrades Okta Inc (NASDAQ: OKTA) from Hold to Buy; “The accumulation of favorable fundamental data suggests that this firm’s near- and especially long-term outlook will be better than investors expect.”
  • BMO Capital upgrades Kansas City Southern (NYSE: KSU) from Market Perform to Outperform, calls co. “The best-positioned growth story in the rail sector, with demand from multiple commodity segments supporting high-single-digit growth in revenue over the coming two years."

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