Benzinga's Top Upgrades, Downgrades For March 8, 2019

Top Upgrades

• Macquarie upgraded SeaWorld Entertainment Inc (NYSE:SEAS) from Neutral to Outperform. SeaWorld shares rose 0.4 percent to $26.12 in pre-market trading.
• Morgan Stanley upgraded Horizon Pharma PLC (NASDAQ:HZNP) from Equal-Weight to Overweight. Horizon Pharma shares rose 2 percent to $26.32 in pre-market trading.
• Wells Fargo upgraded Genpact Limited (NYSE:G) from Market Perform to Outperform. Genpact fell 0.11 percent to close at $33.25 on Thursday.
• Stephens & Co. upgraded ACI Worldwide Inc (NASDAQ:ACIW) from Equal-Weight to Overweight. ACI Worldwide shares rose 0.5 percent to $31.66 in pre-market trading.
• HSBC upgraded Rowan Companies PLC (NYSE:RDC) from Hold to Buy. Rowan shares fell 1.73 percent to close at $11.37 on Thursday.
• Citigroup upgraded Qurate Retail Inc (NASDAQ:QRTEA) from Sell to Buy. Qurate Retail shares rose 1.3 percent to $17.41 in pre-market trading.
• Longbow Research upgraded Applied Industrial Technologies (NYSE:AIT) from Neutral to Buy. Applied Industrial Tech shares fell 1.49 percent to close at $56.17 on Thursday.
• Mizuho upgraded PNM Resources Inc (NYSE:PNM) from Underperform to Neutral. PNM shares rose 1.61 percent to close at $44.94 on Friday.
• Craig-Hallum upgraded Methode Electronics Inc. (NYSE:MEI) from Hold to Buy. Methode Electronics shares fell 0.03 percent to $29.71 in pre-market trading.
• Analysts at UBS upgraded Buckeye Partners, L.P. (NYSE:BPL) from Neutral to Buy. Buckeye Partners shares gained 0.5 percent to $33.25 in pre-market trading.

 

Top Downgrades

• Bank of America downgraded GameStop Corp. (NYSE:GME) from Neutral to Underperform. GameStop shares fell 4.5 percent to $11.07 in pre-market trading.
• Guggenheim downgraded National Beverage Corp. (NASDAQ:FIZZ) from Neutral to Sell. National Beverage shares fell 19.4 percent to $55.00 in pre-market trading.
• Buckingham downgraded Netflix, Inc. (NASDAQ:NFLX) from Buy to Neutral. Netflix shares fell 1.8 percent to $346.22 in pre-market trading.
• Exane BNP Paribas downgraded Vodafone Group Plc (NASDAQ:VOD) from Outperform to Neutral. Vodafone shares rose 1 percent to $17.86 in pre-market trading.
• Cowen & Co. downgraded Exxon Mobil Corporation (NYSE:XOM) from Outperform to Market Perform. Exxon Mobil shares fell 1.5 percent to $79.00 in pre-market trading.
• UBS downgraded SemGroup Corp (NYSE:SEMG) from Buy to Neutral. Semgroup shares fell 1.3 percent to $14.56 in pre-market trading.
• Bank of America downgraded Life Storage Inc (NYSE:LSI) from Neutral to Underperform. Life Storage shares fell 1.6 percent to close at $95.55 on Thursday.
• BTIG Research downgraded Etsy Inc (NASDAQ:ETSY) from Buy to Neutral. Etsy shares fell 4.8 percent to $64.00 in pre-market trading.
• Telsey Advisory Group downgraded Burlington Stores Inc (NYSE:BURL) from Outperform to Market Perform. Burlington Stores shares fell 11.9 percent to close at $147.28 on Thursday.
• Imperial Capital downgraded Alaska Air Group, Inc. (NYSE:ALK) from Outperform to In-Line. Alaska Air shares fell 0.8 percent to $55.50 in pre-market trading.

 

Top Initiations

• Analysts at Barclays initiated coverage on Restaurant Brands International Inc (NYSE:QSR) with an Overweight rating. Restaurant Brands shares closed at $61.27 on Thursday.
• Analysts at Jefferies initiated coverage on Tilray Inc (NASDAQ:TLRY) with an Underperform rating. The price target for Tilray is set to $61. Tilray shares closed at $69.72 on Thursday.
• Barclays initiated coverage on LivePerson, Inc. (NASDAQ:LPSN) with an Overweight rating. LivePerson shares closed at $27.45 on Thursday.
• BMO Capital initiated coverage on Tandem Diabetes Care Inc (NASDAQ:TNDM) with an Outperform rating. The price target for Tandem Diabetes Care is set to $77. Tandem Diabetes Care shares closed at $61.78 on Thursday.
• William Blair initiated coverage on U.S. Physical Therapy, Inc. (NYSE:USPH) with an Outperform rating. U.S. Physical Therapy shares closed at $106.61 on Thursday.
• JP Morgan initiated coverage on Monmouth R.E. Inv. Corp. (NYSE:MNR) with a Neutral rating. The price target for Monmouth R.E. Inv. Corp is set to $14. Monmouth R.E. Inv. Corp shares closed at $13.12 on Thursday.
• Analysts at BTIG Research initiated coverage on Glaukos Corp (NYSE:GKOS) with a Neutral rating. Glaukos shares closed at $66.02 on Thursday.
• Stifel Nicolaus initiated coverage on W&T Offshore, Inc. (NYSE:WTI) with a Buy rating. The price target for W&T Offshore is set to $10. W&T Offshore shares closed at $4.94 on Thursday.
• DA Davidson initiated coverage on Ichor Holdings Ltd (NASDAQ:ICHR) with a Buy rating. The price target for Ichor Holdings is set to $30. Ichor Holdings shares closed at $19.00 on Thursday.
• Analysts at Macquarie initiated coverage on DRDGOLD Ltd. (NYSE:DRD) with an Outperform rating. DRDGold shares closed at $2.10 on Wednesday.