Benzinga's Top Upgrades, Downgrades For August 2, 2018

Top Upgrades

• Analysts at Oppenheimer upgraded Tesla Inc TSLA from Perform to Outperform. Tesla shares rose 8.23 percent to $325.60 in pre-market trading.
• Stifel Nicolaus upgraded EnLink Midstream Partners LP ENLK from Hold to Buy. EnLink Midstream shares rose 7.59 percent to close at $16.72 on Wednesday.
• Morgan Stanley upgraded Ferrari NV RACE from Underweight to Equal-Weight. Ferrari shares rose 3.42 percent to $122.03 in pre-market trading.
• Raymond James upgraded Dine Brands Global Inc DIN from Outperform to Strong Buy. Dine Brands shares fell 0.07 percent to close at $70.98 on Wednesday.
• Stephens & Co. upgraded Energy Transfer Equity LP ETE from Equal-Weight to Overweight. Energy Transfer Equity shares rose 0.71 percent to $18.56 in pre-market trading.
• Citigroup upgraded Zymeworks Inc ZYME from Neutral to Buy. Zymeworks shares closed at $12.40 on Wednesday.

Top Downgrades

• Barclays downgraded Hanesbrands Inc. HBI from Overweight to Equal-Weight. Hanesbrands shares fell 1.39 percent to $17.71 in pre-market trading.
• Raymond James downgraded Red Robin Gourmet Burgers, Inc. RRGB from Outperform to Market Perform. Red Robin shares fell 23.5 percent to $35.10 in pre-market trading.
• BMO Capital downgraded Cross Country Healthcare, Inc. CCRN from Outperform to Market Perform. Cross Country Healthcare shares rose 1.11 percent to close at $11.86 on Wednesday.
• JP Morgan downgraded Bunge Ltd BG from Overweight to Neutral. Bunge shares fell 0.76 percent to $65.50 in pre-market trading.
• Keefe Bruyette & Woods downgraded Verisk Analytics, Inc. VRSK from Outperform to Market Perform. Verisk Analytics shares fell 0.01 percent to $114.80 in pre-market trading.
• First Analysis downgraded Insperity Inc NSP from Overweight to Equal-Weight. Insperity shares rose 10.64 percent to close at $105.25 on Wednesday.
• JP Morgan downgraded Criteo SA (ADR) CRTO from Overweight to Neutral. Criteo shares fell 0.7 percent to $25.80 in pre-market trading.
• Citigroup downgraded Janus Henderson Group PLC JHG from Buy to Neutral. Janus Henderson shares dropped 7.95 percent to close at $29.98 on Wednesday.

Top Initiations

• Mizuho initiated coverage on HollyFrontier Corp HFC with a Neutral rating. The price target for HollyFrontier is set to $75. HollyFrontier shares closed at $73.81 on Wednesday.
• Analysts at Morgan Stanley initiated coverage on Skechers USA Inc SKX with an Equal-Weight rating. The price target for Skechers is set to $28. Skechers shares closed at $27.73 on Wednesday.
• Mizuho initiated coverage on Phillips 66 PSX with a Neutral rating. The price target for Phillips 66 is set to $124. Phillips 66 shares closed at $123.01 on Wednesday.
• Morgan Stanley initiated coverage on Nike Inc NKE with an Overweight rating. The price target for Nike is set to $88. Nike closed at $77.54 on Wednesday.
• Mizuho initiated Marathon Petroleum Corp MPC with a Buy rating. The price target for Marathon Petroleum is set to $95. Marathon Petroleum shares closed at $80.76 on Wednesday.
• Analysts at Morgan Stanley initiated coverage on Foot Locker, Inc. FL with an Underweight rating. The price target for Foot Locker is set to $44. Foot Locker shares closed at $47.85 on Wednesday.
• Analysts at Citigroup initiated coverage on Cision Ltd CISN with a Buy rating. The price target for Cision is set to $21. Cision closed at $15.41 on Wednesday.