Benzinga's Top Upgrades, Downgrades For March 15, 2019

Top Upgrades

• Raymond James upgraded AT&T Inc. T from Market Perform to Outperform. AT&T shares rose 1 percent to $30.58 in pre-market trading.
• Analysts at Jefferies upgraded Oceaneering International OII from Hold to Buy. Oceaneering International shares rose 2.5 percent to close at $15.60 on Thursday.
• Barclays upgraded Colfax Corp CFX from Underweight to Equal-Weight. Colfax shares rose 1.7 percent to $28.70 in pre-market trading.
• Analysts at Raymond James upgraded Rent-A-Center Inc RCII from Market Perform to Outperform. Rent-A-Center closed at $21.30 on Thursday.
• KeyBanc upgraded Amazon.com, Inc. AMZN from Sector Weight to Overweight. Amazon.com shares rose 1.1 percent to $1,705.10 in pre-market trading.
• Jefferies upgraded Keane Group Inc FRAC from Hold to Buy. Keane shares fell 1.77 percent to close at $10.00 on Thursday.

Top Downgrades

• KeyBanc downgraded Adobe Inc ADBE from Overweight to Sector Weight. Adobe shares fell 3.4 percent to $258.70 in pre-market trading.
• BMO Capital downgraded Oracle Corporation ORCL from Outperform to Market Perform. Oracle shares fell 3.2 percent to $51.35 in pre-market trading.
• Jefferies downgraded Schlumberger Limited SLB from Buy to Hold. Schlumberger shares closed at $43.09 on Thursday.
• Stifel Nicolaus downgraded Mellanox Technologies, Ltd. MLNX from Buy to Hold. Mellanox fell 0.1 percent to $117.95 in pre-market trading.
• Citigroup downgraded Live Nation Entertainment, Inc. LYV from Buy to Neutral. Live Nation Entertainment shares rose 1.18 percent to close at $63.56 on Thursday.
• Deutsche Bank downgraded State Street Corp STT from Buy to Hold. State Street shares fell 0.5 percent to $69.95 in pre-market trading.
• Raymond James downgraded RadNet Inc. RDNT from Strong Buy to Outperform. RadNet shares rose 14.1 percent to close at $15.86 on Thursday.
• Barclays downgraded Zillow Group Inc ZG from Equal-Weight to Underweight. Zillow shares fell 2.5 percent to $36.67 in pre-market trading.
• Stifel Nicolaus downgraded Mercadolibre Inc MELI from Buy to Hold. MercadoLibre shares fell 0.8 percent to $490.00 in pre-market trading.
• JP Morgan downgraded Avery Dennison Corp AVY from Overweight to Neutral. Avery Dennison shares fell 1.1 percent to $108.95 in pre-market trading.

Top Initiations

• BMO Capital initiated coverage on Amgen, Inc. AMGN with an Outperform rating. The price target for Amgen is set to $228. Amgen shares closed at $187.76 on Thursday.
• Moffett Nathanson initiated coverage on Twenty-First Century Fox Inc FOXA with a Buy rating. Twenty-First Century Fox shares closed at $51.70 on Thursday.
• Morgan Stanley initiated coverage on Twilio Inc TWLO with an Equal-Weight rating. The price target for Twilio is set to $130. Twilio shares closed at $130.00 on Thursday.
• Analysts at UBS initiated coverage on Agilent Technologies Inc A with a Buy rating. The price target for Agilent is set to $92. Agilent shares closed at $80.61 on Thursday.
• Analysts at Buckingham initiated coverage on Valvoline Inc VVV with a Neutral rating. The price target for Valvoline is set to $20. Valvoline shares closed at $17.95 on Thursday.
• Analysts at UBS initiated coverage on Qiagen NV QGEN with a Neutral rating. The price target for Qiagen is set to $42. Qiagen shares closed at $39.79 on Thursday.
• Raymond James initiated coverage on Xencor Inc XNCR with an Outperform rating. The price target for Xencor is set to $40. Xencor shares closed at $27.85 on Thursday.
• B. Riley FBR initiated coverage on BayCom Corp BCML with a Buy rating. The price target for BayCom is set to $28. BayCom shares closed at $22.40 on Thursday.
• BMO Capital initiated coverage on Gilead Sciences, Inc. GILD with an Outperform rating. The price target for Gilead Sciences is set to $78. Gilead Sciences shares closed at $64.79 on Thursday.
• Analysts at B. Riley FBR initiated coverage on RumbleON Inc RMBL with a Buy rating. RumbleON shares closed at $5.38 on Thursday.