Benzinga's Top Upgrades, Downgrades For April 16, 2018

Top Upgrades

• UBS upgraded C.H. Robinson Worldwide, Inc. CHRW from Neutral to Buy. C.H. Robinson shares fell 0.27 percent to $94.02 in pre-market trading.
• Goldman Sachs upgraded Tractor Supply Company TSCO from Neutral to Buy. Tractor Supply shares rose 1.85 percent to $59.40 in pre-market trading.
• Guggenheim upgraded Ulta Beauty, Inc. ULTA from Neutral to Buy. Ulta Beauty shares rose 2.14 percent to $225.61 in pre-market trading.
• Piper Jaffray upgraded Occidental Petroleum Corporation OXY from Neutral to Overweight. Occidental Petroleum shares rose 0.50 percent to $74.00 in pre-market trading.
• Janney Capital upgraded American Water Works Company, Inc. AWK from Neutral to Buy. American Water Works shares rose 0.93 percent to $81.61 in pre-market trading.
• Analysts at SunTrust Robinson Humphrey upgraded Pioneer Natural Resources Company PXD from Hold to Buy. Pioneer Natural rose 0.36 percent to $189.00 in pre-market trading.
• BMO Capital upgraded Nielsen Holdings plc NLSN from Market Perform to Outperform. Nielsen shares fell 0.46 percent to close at $32.34 on Friday.
• Wells Fargo upgraded Costco Wholesale Corporation COST from Market Perform to Outperform. Costco shares gained 1.16 percent to $191.10 in pre-market trading.
• Goldman Sachs upgraded Boston Beer Company, Inc. SAM from Sell to Neutral. Boston Beer shares fell 1.16 percent to close at $212.65 on Friday.
• Bank of America upgraded Public Service Enterprise Group Incorporated PEG from Neutral to Buy. Public Service Enterprise shares rose 0.74 percent to $50.25 in pre-market trading.

Top Downgrades

• Raymond James downgraded Dollar General Corporation DG from Strong Buy to Outperform. Dollar General shares dropped 0.63 percent to close at $96.28 on Friday.
• Argus downgraded Monsanto Company MON from Buy to Sell. Monsanto shares rose 0.27 percent to $125.74 in pre-market trading.
• Stephens & Co. downgraded McDonald's Corporation MCD from Overweight to Equal-Weight. McDonald's shares rose 0.08 percent to $161.86 in pre-market trading.
• Analysts at Jefferies downgraded VeriFone Systems, Inc. PAY from Buy to Hold. VeriFone shares fell 0.31 percent to $22.70 in pre-market trading.
• BTIG Research downgraded Globus Medical, Inc. GMED from Buy to Neutral. Globus Medical shares rose 0.06 percent to close at $50.66 on Friday
• Credit Suisse downgraded The Kraft Heinz Company KHC from Outperform to Underperform. Kraft Heinz shares fell 0.36 percent to $60.70 in pre-market trading.
• Susquehanna downgraded Crocs, Inc. CROX from Neutral to Negative. Crocs shares fell 4.67 percent to $15.51 in pre-market trading.
• Goldman Sachs downgraded Discover Financial Services DFS from Buy to Neutral. Discover shares fell 1.49 percent to close at $70.54 on Friday.
• Raymond James downgraded Dollar Tree, Inc. DLTR from Strong Buy to Outperform. Dollar Tree shares fell 0.99 percent to close at $97.13 on Friday.
• SunTrust Robinson Humphrey downgraded Resolute Energy Corporation REN from Buy to Hold. Resolute Energy shares rose 1.06 percent to close at $35.36 on Friday.

Top Initiations

• Analysts at Imperial Capital initiated coverage on National Beverage Corp. FIZZ with an Outperform rating. The price target for National Beverage is set to $125. National Beverage shares closed at $89.49 on Friday.
• Deutsche Bank initiated coverage on Pure Storage, Inc. PSTG with a Buy rating. The price target for Pure Storage is set to $24. Pure Storage shares closed at $18.78 on Friday.
• Wells Fargo initiated coverage on TPG RE Finance Trust, Inc. TRTX with an Outperform rating. The price target for TPG RE Finance Trust is set to $21. TPG RE Finance Trust shares closed at $19.74 on Friday.
• Cowen & Co. initiated coverage on BorgWarner Inc. BWA with an Outperform rating. The price target for BorgWarner is set to $60. BorgWarner shares closed at $52.86 on Friday.
• Deutsche Bank initiated coverage on Genco Shipping & Trading Limited GNK with a Buy rating. The price target for Genco Shipping is set to $19. Genco Shipping shares closed at $15.50 on Friday.