Benzinga's Top Upgrades, Downgrades For January 25, 2019

Top Upgrades

• Deutsche Bank upgraded McKesson Corporation MCK from Sell to Hold. McKesson shares rose 0.2 percent to $125.76 in pre-market trading.
• HSBC upgraded Rockwell Automation ROK from Reduce to Buy. Rockwell shares rose 0.6 percent to close at $162.74 on Thursday.
• Bernstein upgraded Cognizant Technology Solutions Corp CTSH from Market Perform to Outperform. Cognizant Tech rose 1.58 percent to close at $68.12 on Thursday.
• Macquarie upgraded Carnival Corp CCL from Neutral to Outperform. Carnival shares rose 0.5 percent to $55.30 in pre-market trading.
• Mizuho upgraded ICON PLC ICLR from Neutral to Buy. Icon shares rose 0.1 percent to $132.02 in pre-market trading.
• Wolfe Research upgraded Tapestry Inc TPR from Peer Perform to Outperform. Tapestry shares rose 1.6 percent to $36.70 in pre-market trading.
• Baird upgraded HD Supply Holdings Inc HDS from Neutral to Outperform. HD Supply shares fell 0.1 percent to $39.96 in pre-market trading.
• Cowen & Co. upgraded Triumph Group Inc TGI from Market Perform to Outperform. Triumph Group shares rose 1.3 percent to $16.94 in pre-market trading.
• Goldman Sachs upgraded Valero Energy Corporation VLO from Sell to Neutral. Valero Energy shares gained 1.3 percent to $80.00 in pre-market trading.
• Analysts at JP Morgan upgraded CalAmp Corp. CAMP from Neutral to Overweight. CalAmp shares rose 3.2 percent to $14.22 in pre-market trading.

Top Downgrades

• KeyBanc downgraded First Data Corp FDC from Overweight to Sector Weight. First Data shares fell 0.2 percent to $24.39 in pre-market trading.
• Evercore ISI Group downgraded First Horizon National Corp FHN from Outperform to In-Line. First Horizon National shares fell 1.23 percent to close at $14.41 on Thursday.
• Deutsche Bank downgraded Illumina, Inc. ILMN from Buy to Hold. Illumina shares fell 1.5 percent to $296.53 in pre-market trading.
• Susquehanna downgraded Intel Corporation INTC from Positive to Neutral. Intel shares fell 7 percent to $46.30 in pre-market trading.
• Goldman Sachs downgraded PBF Energy Inc PBF from Neutral to Sell. PBF Energy shares fell 1.2 percent to $34.10 in pre-market trading.
• Macquarie downgraded Rogers Communications Inc. RCI from Outperform to Neutral. Rogers Communications shares fell 2.66 percent to close at $53.06 on Thursday.
• Deutsche Bank downgraded BB&T Corporation BBT from Buy to Hold. BB&T shares fell 0.4 percent to $49.08 in pre-market trading.
• Piper Jaffray downgraded Aptiv APTV from Overweight to Neutral. Aptiv shares fell 2.21 percent to close at $71.82 on Thursday.
• JP Morgan downgraded ResMed Inc. RMD from Neutral to Underweight. ResMed shares fell 15 percent to $99.60 in pre-market trading.
• Deutsche Bank downgraded PNC Financial Services Group Inc PNC from Buy to Hold. PNC shares rose 0.1 percent to $123.89 in pre-market trading.

Top Initiations

• Analysts at Deutsche Bank initiated coverage on The Ultimate Software Group, Inc. ULTI with a Buy rating. Ultimate Software closed at $267.32 on Thursday.
• Oppenheimer initiated coverage on Aptose Biosciences Inc APTO with an Outperform rating. The price target for Aptose Biosciences is set to $6. Aptose Biosciences shares closed at $2.02 on Thursday.
• Buckingham initiated coverage on Msci Inc MSCI with a Neutral rating. The price target for Msci is set to $171. Msci shares closed at $161.74 on Thursday.
• BTIG Research initiated coverage on Kirby Corporation KEX with a Neutral rating. Kirby shares closed at $67.40 on Thursday.
• Analysts at B. Riley FBR initiated coverage on Capital Southwest Corporation CSWC with a Neutral rating. The price target for Capital Southwest is set to $23. Capital Southwest closed at $21.50 on Thursday.
• Jefferies initiated coverage on Lincoln Electric Holdings, Inc. LECO with a Buy rating. The price target for Lincoln Electric is set to $100. Lincoln Electric shares closed at $82.42 on Thursday.
• Oppenheimer initiated coverage on Yext Inc YEXT with an Outperform rating. The price target for Yext is set to $23. Yext shares closed at $14.05 on Thursday.
• Buckingham initiated coverage on SS&C Technologies Holdings, Inc. SSNC with a Buy rating. The price target for SS&C Technologies is set to $65. SS&C Technologies shares closed at $49.48 on Thursday.
• Analysts at Deutsche Bank initiated coverage on HubSpot Inc HUBS with a Hold rating. The price target for HubSpot is set to $150. HubSpot shares closed at $149.92 on Thursday.
• Analysts at Jefferies initiated coverage on Graco Inc. GGG with a Hold rating. The price target for Graco is set to $46. Graco shares closed at $41.87 on Thursday.