Benzinga's Top Upgrades, Downgrades For December 19, 2016

Top Upgrades

• Oppenheimer upgraded DexCom, Inc. DXCM from Perform to Outperform. DexCom shares fell 0.49 percent to close at $63.41 on Friday.
• Morgan Stanley upgraded Williams Companies Inc WMB from Equal-Weight to Overweight. Williams Companies shares rose 2.24 percent to $31.50 in pre-market trading.
• SunTrust Robinson Humphrey upgraded Charles Schwab Corp SCHW from Hold to Buy. Charles Schwab shares gained 0.39 percent to close at $38.99 on Friday.
• Raymond James upgraded HubSpot Inc HUBS from Outperform to Strong Buy. HubSpot shares gained 3.16 percent to close at $47.40 on Friday.
• Analysts at SunTrust Robinson Humphrey upgraded E*TRADE Financial Corp ETFC from Neutral to Buy. E*TRADE shares fell 2.04 percent to close at $34.56 on Friday.
• Analysts at Jefferies upgraded Bristol-Myers Squibb Co BMY from Hold to Buy. Bristol-Myers Squibb shares rose 0.94 percent to $59.17 in pre-market trading.
• Analysts at UBS upgraded Terex Corporation TEX from Neutral to Buy. Terex shares fell 2.79 percent to close at $31.04 on Friday.
• Analysts at Goldman Sachs upgraded Lam Research Corporation LRCX from Neutral to Buy. Lam Research shares rose 1.28 percent to$105.79 in pre-market trading.
• Citigroup upgraded Costco Wholesale Corporation COST from Neutral to Buy. Costco shares rose 0.69 percent to $161.51 in pre-market trading.
• Analysts at Credit Suisse upgraded United Technologies Corporation UTX from Neutral to Outperform. United Technologies shares rose 0.74 percent to $109.32 in pre-market trading.

Top Downgrades

• Analysts at Berenberg downgraded Carnival Corp CCL from Buy to Hold. Carnival shares fell 0.76 percent to $51.11 in pre-market trading.
• Piper Jaffray downgraded JAKKS Pacific, Inc. JAKK from Overweight to Neutral. Jakks Pacific shares closed at $7.05 on Friday.
• Citigroup downgraded Deutsche Bank AG (USA) DB from Neutral to Sell. Deutsche Bank shares fell 2.42 percent to $18.55 in pre-market trading.
• Analysts at BMO Capital downgraded Goldcorp Inc. (USA) GG from Outperform to Market Perform. Goldcorp shares rose 0.40 percent to $12.58 in pre-market trading.
• Citigroup downgraded Finish Line Inc FINL from Buy to Neutral. Finish Line shares fell 1.36 percent to close at $22.43 on Friday.
• Goldman Sachs downgraded Applied Materials, Inc. AMAT from Buy to Neutral. Applied Materials shares fell 1.02 percent to $32.18 in pre-market trading.
• Analysts at Jefferies downgraded Merck & Co., Inc. MRK from Hold to Underperform. Merck shares fell 1.20 percent to $61.69 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Ameriprise Financial, Inc. AMP from Buy to Hold. Ameriprise Financial shares fell 2.33 percent to close at $111.73 on Friday.
• Wells Fargo downgraded BorgWarner Inc. BWA from Outperform to Market Perform. BorgWarner shares rose 0.71 percent to close at $39.74 on Friday.
• Analysts at Citigroup downgraded Lowe's Companies, Inc. LOW from Buy to Neutral. Lowe's shares dropped 0.22 percent to $72.80 in pre-market trading.

Top Initiations

• Analysts at Piper Jaffray initiated coverage on Recro Pharma Inc REPH with an Overweight rating. The price target for Recro Pharma is set to $12. Recro Pharma shares closed at $6.84 on Friday.
• Analysts at FBR Capital initiated coverage on Continental Resources, Inc. CLR with a Market Perform rating. The price target for Continental Resources is set to $56. Continental Resources shares closed at $52.28 on Friday.
• Analysts at H.C. Wainwright initiated coverage of Cidara Therapeutics Inc CDTX with a Buy rating. The price target for Cidara Therapeutics is set to $25. Cidara Therapeutics shares closed at $10.80 on Friday.
• Analysts at Ladenburg Thalmann initiated coverage on Anadarko Petroleum Corporation APC with a Buy rating. The price target for Anadarko Petroleum is set to $85. Anadarko Petroleum shares closed at $70.61 on Friday.
• Analysts at Janney Capital initiated coverage on Acorda Therapeutics Inc ACOR with a Neutral rating. The price target for Acorda Therapeutics is set to $23. Acorda Therapeutics shares closed at $20.10 on Friday.
• Analysts at Goldman Sachs initiated coverage on KLA-Tencor Corp KLAC with a Buy rating. The price target for KLA-Tencor is set to $90. KLA-Tencor shares closed at $78.19 on Friday.
• Analysts at Deutsche Bank initiated coverage on Carpenter Technology Corporation CRS with a Hold rating. The price target for Carpenter Technology is set to $35. Carpenter Technology shares closed at $37.87 on Friday.