Benzinga's Top Upgrades, Downgrades For January 30, 2019

Top Upgrades

• Bank of America upgraded Synchrony Financial SYF from Neutral to Buy. Synchrony Finl shares fell 1.07 percent to close at $29.65 on Tuesday.
• Roth Capital upgraded Plug Power Inc PLUG from Sell to Neutral. Plug Power shares rose 2.9 percent to $1.44 in pre-market trading.
• Wells Fargo upgraded Alliant Energy Corporation LNT from Market Perform to Outperform. Alliant Energy shares rose 0.3 percent to $43.17 in pre-market trading.
• JMP Securities upgrades Intercept Pharmaceuticals Inc ICPT from Market Perform to Market Outperform. Intercept Pharmaceuticals shares fell 3 percent to close at $112.35 on Tuesday.
• Compass Point upgraded Western New England Bancorp Inc WNEB from Neutral to Buy. Western New England shares rose 2.9 percent to $9.01 in pre-market trading.
• Raymond James upgraded Ryanair Holdings plc RYAAY from Market Perform to Outperform. Ryanair rose 0.74 percent to close at $69.50 on Tuesday.

Top Downgrades

• RBC Capital downgraded Whirlpool Corporation WHR from Sector Perform to Underperform. Whirlpool shares fell 1.4 percent to $134.60 in pre-market trading.
• Bank of America downgraded Juniper Networks, Inc. JNPR from Buy to Underperform. Juniper shares fell 12 percent to $24.60 in pre-market trading.
• Standpoint Research downgraded Carnival Corp CCL from Buy to Hold. Carnival shares rose 1.6 percent to $57.16 in pre-market trading.
• BMO Capital downgraded A. O. Smith Corp AOS from Outperform to Market Perform A.O. Smith shares fell 0.9 percent to $47.44 in pre-market trading.
• Leerink Swann downgraded Scpharmaceuticals Inc SCPH from Outperform to Market Perform. scPharmaceuticals shares rose 9.73 percent to close at $4.06 on Tuesday.
• Nomura downgraded Westlake Chemical Corporation WLK from Neutral to Reduce. Westlake Chemical shares rose 3.47 percent to close at $76.72 on Tuesday.
• Bank of America downgraded Ciena Corporation CIEN from Buy to Neutral. Ciena shares fell 1.8 percent to $38.71 in pre-market trading.
• Wells Fargo downgraded Pinnacle West Capital Corporation PNW from Outperform to Market Perform. Pinnacle West Capital shares rose 0.71 percent to close at $87.36 on Tuesday.
• Longbow Research downgraded AK Steel Holding Corporation AKS from Buy to Neutral. AK Steel shares fell 2.1 percent to $2.77 in pre-market trading.
• Morgan Stanley downgraded Allergan plc AGN from Overweight to Equal-Weight. Allergan shares fell 1.5 percent to $142.95 in pre-market trading.

Top Initiations

• Goldman Sachs initiated coverage on Take-Two Interactive Software, Inc TTWO with a Buy rating. Take-Two shares closed at $100.81 on Tuesday.
• Barrington Research initiated coverage on Payment Data Systems, Inc. PYDS with an Outperform rating. The price target for Payment Data Systems is set to $5. Payment Data Systems shares closed at $2.24 on Tuesday.
• Mizuho initiated coverage on Diamondback Energy Inc FANG with a Buy rating. The price target for Diamondback Energy is set to $137. Diamondback Energy shares closed at $100.16 on Tuesday.
• Analysts at Goldman Sachs initiated coverage on Zynga Inc ZNGA with a Buy rating. Zynga closed at $4.42 on Tuesday.
• Analysts at Cantor Fitzgerald initiated coverage on Amicus Therapeutics, Inc. FOLD with an Overweight rating. The price target for Amicus Therapeutics is set to $20. Amicus Therapeutics shares closed at $11.34 on Tuesday.
• Mizuho initiated coverage on Concho Resources Inc CXO with a Buy rating. The price target for Concho Resources is set to $156. Concho Resources shares closed at $117.26 on Tuesday.
• Goldman Sachs initiated coverage on Electronic Arts Inc. EA with a Neutral rating. The price target for Electronic Arts is set to $99. Electronic Arts shares closed at $87.24 on Tuesday.
• Barclays initiated coverage on National Grid plc NGG with an Overweight rating. National Grid shares closed at $53.32 on Tuesday.