Benzinga's Top Upgrades, Downgrades For June 4, 2019

Top Upgrades

• BMO Capital upgraded Take-Two Interactive Inc TTWO from Underperform to Market Perform. Take-Two shares rose 1.5 percent to $107.50 in pre-market trading.
• Analysts at Citigroup upgraded Mirati Therapeutics Inc MRTX from Neutral to Buy. Mirati Therapeutics rose 3.2 percent to $92.06 in pre-market trading.
• Analysts at Gordon Haskett upgraded Restoration Hardware Holdings, Inc RH from Reduce to Hold. RH shares rose 1.6 percent to close at $86.50 on Monday.
• UBS upgraded Edison International EIX from Neutral to Buy. Edison Intl shares rose 0.3 percent to $60.75 in pre-market trading.
• Stifel upgraded Wingstop Inc WING from Hold to Buy. Wingstop shares rose 2.3 percent to $83.07 in pre-market trading.
• JP Morgan upgraded Superior Energy Services, Inc. SPN from Underweight to Neutral. Superior Energy closed at $1.62 on Monday.
• Loop Capital upgraded Netflix, Inc. NFLX from Hold to Buy. Netflix rose 0.8 percent to $339.36 in pre-market trading.
• Citigroup upgraded Atara Biotherapeutics Inc ATRA from Sell to Neutral. Atara Biotherapeutics rose 5 percent to close at $23.32 on Monday.
• Maxim Group upgraded Texas Roadhouse Inc TXRH from Hold to Buy. Texas Roadhouse shares rose 1.3 percent to $54.35 in pre-market trading.
• Analysts at UBS upgraded National Beverage Corp. FIZZ from Sell to Neutral. National Beverage shares rose 4 percent to close at $46.94 on Monday.

Top Downgrades

• BTIG Research downgraded Mercadolibre Inc MELI from Buy to Neutral. MercadoLibre shares fell 1.4 percent to $561.01 in pre-market trading.
• MKM Partners downgraded Cypress Semiconductor Corporation CY from Buy to Neutral. Cypress Semiconductor shares rose 0.3 percent to $22.13 in pre-market trading.
• Atlantic Equities downgraded Kohl's Corporation KSS from Neutral to Underweight. Kohl's shares fell 1.1 percent to $49.73 in pre-market trading.
• Goldman Sachs downgraded United States Steel Corporation X from Neutral to Sell. United States Steel shares fell 2.1 percent to $12.26 in pre-market trading.
• Morgan Stanley downgraded Mogu Inc - ADR MOGU from Equal-Weight to Underweight. MOGU fell 1.1 percent to $4.67 in pre-market trading.
• Canaccord Genuity downgraded Box Inc BOX from Buy to Hold. Box shares fell 18 percent to $14.70 in pre-market trading.
• Mizuho downgraded Cypress Semiconductor Corporation CY from Buy to Neutral. Cypress Semiconductor shares rose 0.3 percent to $22.13 in pre-market trading.
• KeyBanc downgraded Luxfer Holdings PLC LXFR from Overweight to Sector Weight. Luxfer shares rose 1.4 percent to close at $24.30 on Monday.

Top Initiations

• Analysts at BTIG initiated coverage on Uber Technologies Inc UBER with a Buy rating. The price target for Uber is set to $80. Uber shares closed at $41.25 on Monday.
• Analysts at SunTrust Robinson Humphrey initiated coverage on LYFT Inc LYFT with a Buy rating. The price target for LYFT is set to $68. LYFT closed at $59.54 on Monday.
• Analysts at Loop Capital initiated coverage on Tencent Music Entertainment Group - ADR TME with a Buy rating. Tencent Music shares closed at $12.89 on Monday.
• Exane BNP Paribas initiated coverage on Coty Inc COTY with an Outperform rating. The price target for Coty is set to $17. Coty shares closed at $12.58 on Monday.
• Jefferies initiated coverage on ADMA Biologics Inc ADMA with a Buy rating. The price target for ADMA Biologics is set to $8. ADMA Biologics shares closed at $4.20 on Monday.
• UBS initiated coverage on Corteva, Inc. CTVA with a Buy rating. The price target for Corteva is set to $38.
• Mizuho initiated coverage on Neon Therapeutics Inc NTGN with a Buy rating. The price target for Neon Therapeutics is set to $21. Neon Therapeutics closed at $4.85 on Monday.
• Loop Capital initiated coverage on Alphabet Inc GOOGL with a Hold rating. The price target for Alphabet is set to $1,250. Alphabet shares closed at $1,038.74 on Monday.
• Analysts at Loop Capital initiated coverage on Alibaba Group Holding Ltd BABA with a Buy rating. The price target for Alibaba is set to $250. Alibaba shares closed at $149.91 on Monday.
• Bank of America initiated coverage on Uber Technologies Inc UBER with a Buy rating. The price target for Uber is set to $53. Uber shares closed at $41.25 on Monday.