Benzinga's Top Upgrades, Downgrades For June 14, 2019

Top Upgrades

• Analysts at BMO Capital upgraded Louisiana-Pacific Corporation LPX from Market Perform to Outperform. Louisiana-Pacific rose 2.2% to $25.41 in pre-market trading.
• Maxim Group upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) from Hold to Buy. Red Robin shares rose 2.1% to $34.17 in pre-market trading.
• Summit Insights Group upgraded Broadcom Inc AVGO from Hold to Buy. Broadcom shares fell 10.2% to $253.03 in pre-market trading.
• Stifel Nicolaus upgraded Bluegreen Vacations Corp BXG from Hold to Buy. Bluegreen Vacations shares rose 16.3% to $9.30 in pre-market trading.
• Analysts at Raymond James upgraded Harmonic Inc HLIT from Market Perform to Outperform. Harmonic shares rose 0.2% to close at $5.10 on Thursday.
• Oppenheimer upgraded BJ's Restaurants, Inc. BJRI from Perform to Outperform. BJ's Restaurants shares rose 1.3% to close at $41.44 on Thursday.
• BMO Capital upgraded Norbord Inc OSB from Market Perform to Outperform. Norbord shares rose 2.6% to $22.10 in pre-market trading.

Top Downgrades

• Charter Equity downgraded Broadcom Inc AVGO from Buy to Market Perform. Broadcom shares fell 9.8% to $254.00 in pre-market trading.
• Raymond James downgraded Commscope Holding Company Inc COMM from Strong Buy to Outperform. CommScope shares fell 1.3% to $16.19 in pre-market trading.
• JP Morgan downgraded Melinta Therapeutics Inc MLNT from Neutral to Underweight. Melinta Therapeutics shares rose 2.2% to close at $1.86 on Thursday.
• SunTrust Robinson Humphrey downgraded Barnes Group Inc. B from Hold to Sell. Barnes shares rose 1.8% to close at $56.23 on Thursday.
• JP Morgan downgraded Ashland Global Holdings Inc ASH from Overweight to Neutral. Ashland shares rose 2.4% to $82.00 in pre-market trading.
• Atlantic Equities downgraded Aon PLC AON from Overweight to Neutral. Aon rose 0.2% to close at $189.68 on Thursday.
• Citi downgraded Transocean LTD RIG from Buy to Neutral. Transocean shares fell 1.9% to $5.57 in pre-market trading.
• KeyBanc downgraded Medidata Solutions Inc MDSO from Overweight to Sector Weight. Medidata shares fell 0.2% to $91.30 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Astronics Corporation ATRO from Hold to Sell. Astronics shares fell 3.4% to $42.70 in pre-market trading.

Top Initiations

• Rosenblatt initiated coverage on Comcast Corporation CMCSA with a Buy rating. The price target for Comcast is set to $50. Comcast closed at $41.69 on Thursday.
• Analysts at BMO Capital initiated coverage on Investors Real Estate Trust IRET with an Outperform rating. Investors Real Estate Trust shares closed at $60.25 on Thursday.
• Analysts at JP Morgan initiated coverage on Yunji Inc YJ with an Overweight rating. The price target for Yunji is set to $14. Yunji shares closed at $10.72 on Thursday.
• Analysts at Bank of America initiated coverage on Herc Holdings Inc HRI with a Buy rating. The price target for Herc Holdings is set to $50. Herc Holdings closed at $39.86 on Thursday.
• Barclays initiated coverage on ING Groep NV ADR ING with an Underweight rating. ING closed at $11.15 on Thursday.
• Credit Suisse initiated coverage on First Republic Bank FRC with a Neutral rating. The price target for First Republic Bank is set to $105. First Republic Bank shares closed at $96.34 on Thursday.
• Piper Jaffray initiated coverage on XBiotech Inc XBIT with an Overweight rating. The price target for XBiotech is set to $13. XBiotech shares closed at $6.99 on Thursday.
• Rosenblatt initiated coverage on Charter Communications Inc CHTR with a Buy rating. The price target for Charter Communications is set to $480. Charter Communications shares closed at $389.72 on Thursday.
• Analysts at Loop Capital initiated coverage on National Vision Holdings Inc EYE with a Hold rating. The price target for National Vision is set to $26. National Vision shares closed at $30.26 on Thursday.
• Mizuho initiated coverage on Western Midstream Partners LP WES with a Buy rating. The price target for Western Midstream Partners is set to $34. Western Midstream Partners shares closed at $29.49 on Thursday.