Benzinga's Top Upgrades, Downgrades For June 8, 2018

Top Upgrades

• Bernstein upgraded ConocoPhillips COP from Market Perform to Outperform. ConocoPhillips shares rose 0.30 percent to $69.69 in pre-market trading.
• Analysts at JP Morgan upgraded DexCom, Inc. DXCM from Neutral to Overweight. DexCom shares rose 1.93 percent to $91.22 in pre-market trading.
• William Blair upgraded Quest Diagnostics Incorporated DGX from Market Perform to Outperform. Quest Diagnostics shares fell 0.36 percent to close at $107.60 on Thursday.
• J.P. Morgan upgraded Randgold Resources Limited GOLD from Neutral to Overweight. Randgold shares fell 0.50 percent to $79.05 in pre-market trading.

Top Downgrades

• Bernstein downgraded Concho Resources Inc. CXO from Outperform to Market Perform. Concho Resources shares fell 6.02 percent to $122.50 in pre-market trading.
• Maxim Group downgraded Domino's Pizza, Inc. DPZ from Buy to Hold. Domino's shares fell 1.23 percent to $268.70 in pre-market trading.
• B. Riley FBR, Inc. downgraded Xenia Hotels & Resorts, Inc. XHR from Buy to Neutral. Xenia Hotels shares fell 1.56 percent to $25.29 in pre-market trading.
• Maxim Group downgraded Sientra, Inc. SIEN from Buy to Hold. Sientra shares fell 0.45 percent to $20.10 in pre-market trading.

Top Initiations

• Analysts at Mizuho initiated coverage on Occidental Petroleum Corporation OXY with a Buy rating. The price target for Occidental Petroleum is set to $102. Occidental Petroleum closed at $86.48 on Thursday.
• Jefferies initiated coverage on US Foods Holding Corp. USFD with a Buy rating. The price target for US Foods is set to $45. US Foods shares closed at $37.17 on Thursday.
• Analysts at Cantor Fitzgerald initiated coverage on Eli Lilly and Company LLY with an Overweight rating. The price target for Eli Lilly is set to $100. Eli Lilly shares closed at $85.88 on Thursday.
• Analysts at Mizuho initiated coverage on Chevron Corporation CVX with a Buy rating. The price target for Chevron is set to $145. Chevron shares closed at $126.96 on Thursday.
• Credit Suisse initiated coverage on Covia Holdings Corporation CVIA with a Neutral rating. The price target for Covia Holdings is set to $24. Covia Holdings closed at $24.30 on Thursday.
• DA Davidson initiated coverage on Old National Bancorp ONB with a Neutral rating. The price target for Old National Bancorp is set to $20. Old National Bancorp shares closed at $18.75 on Thursday.
• Stifel Nicolaus initiated coverage on LivaNova PLC LIVN with a Buy rating. The price target for LivaNova is set to $115. LivaNova shares closed at $95.86 on Thursday.
• Mizuho initiated coverage on Exxon Mobil Corporation XOM with a Neutral rating. The price target for Exxon Mobil is set to $81. Exxon Mobil shares closed at $82.88 on Thursday.