Benzinga's Top Upgrades, Downgrades For July 2, 2019

Top Upgrades

• Citigroup upgraded Cars.com Inc CARS from Neutral to Buy. Cars.com shares rose 3% to $20.45 in pre-market trading.
• Janney Capital upgraded BIO-TECHNE Corp TECH from Neutral to Buy. Bio-Techne rose 0.4% to close at $209.26 on Monday.
• Analysts at Credit Suisse upgraded Genesee & Wyoming Inc GWR from Underperform to Neutral. Genesee & Wyoming rose 8.9% to close at $108.85 on Monday.
• Chardan Capital upgraded HMS Holdings Corp HMSY from Neutral to Buy. HMS Holdings shares rose 4.1% to close at $33.70 on Monday.
• Raymond James upgraded Landstar System, Inc. LSTR from Underperform to Market Perform. Landstar System fell 0.1% to $107.82 in pre-market trading.
• Analysts at Evercore ISI Group upgraded Dova Pharmaceuticals Inc DOVA from In-Line to Outperform. Dova Pharmaceuticals shares rose 4.9% to $15.00 in pre-market trading.
• Bernstein upgraded Equinor ASA EQNR from Market Perform to Outperform. Equinor shares rose 1.1% to close at $20.00 on Monday.
• SunTrust Robinson Humphrey upgraded Medical Properties Trust, Inc. MPW from Hold to Buy. Medical Properties Trust shares rose 1.4% to $17.70 in pre-market trading.
• Tudor Pickering upgraded Franks International NV FI from Hold to Buy. Frank's shares closed at $5.49 on Friday.
• 86 Research upgraded HUYA Inc - ADR HUYA from Hold to Buy. HUYA shares rose 0.1% to $25.65 in pre-market trading.

Top Downgrades

• Loop Capital downgraded PACCAR Inc PCAR from Hold to Sell. PACCAR shares fell 1.9% to $70.85 in pre-market trading.
• Benchmark downgraded Western Digital Corp WDC from Hold to Sell. Western Digital shares fell 2.9% to $48.20 in pre-market trading.
• Bernstein downgraded Tableau Software Inc DATA from Outperform to Market Perform. Tableau Software fell 0.7% to $167.00 in pre-market trading.
• Janney Capital downgraded Watts Water Technologies Inc WTS from Buy to Neutral. Watts Water shares rose 0.1% to close at $93.26 on Monday.
• Citigroup downgraded Coty Inc COTY from Neutral to Sell. Coty shares fell 2.1% to $11.35 in pre-market trading.
• Guggenheim downgraded KAR Auction Services Inc KAR from Neutral to Sell. KAR Auction shares fell 4.8% to $24.01 in pre-market trading.
• Loop Capital downgraded Cummins Inc. CMI from Hold to Sell. Cummins shares fell 1.6% to $170.05 in pre-market trading.
• Goldman Sachs downgraded Comerica Incorporated CMA from Neutral to Sell. Comerica shares fell 1.3% to $72.05 in pre-market trading.
• Jefferies downgraded Dave & Buster's Entertainment Inc PLAY from Buy to Hold. Dave & Buster's shares fell 3.1% to $38.80 in pre-market trading.
• RBC Capital downgraded Roku Inc ROKU from Outperform to Sector Perform. Roku shares fell 2.8% to $88.85 in pre-market trading.

Top Initiations

• H.C. Wainwright initiated coverage on Equillium Inc EQ with a Buy rating. The price target for Equillium is set to $14. Equillium closed at $5.44 on Monday.
• Analysts at Jefferies initiated coverage on Revolve Group LLC RVLV with a Buy rating. The price target for Revolve Group is set to $60. Revolve Group closed at $32.79 on Monday.
• Analysts at Stephens & Co. initiated coverage on IAA, Inc. IAA with an Overweight rating. The price target for IAA is set to $45. IAA shares closed at $40.97 on Monday.
• Barclays initiated coverage on Wyndham Hotels & Resorts Inc WH with an Overweight rating. The price target for Wyndham Hotels is set to $72. Wyndham Hotels shares closed at $56.17 on Monday.
• Cantor Fitzgerald initiated coverage on Veru Inc VERU with an Overweight rating. The price target for Veru is set to $6. Veru shares closed at $2.16 on Monday.
• Needham initiated coverage on Veracyte Inc VCYT with a Buy rating. The price target for Veracyte is set to $33. Veracyte shares closed at $28.75 on Monday.
• Analysts at Stifel Nicolaus initiated coverage on Uber Technologies Inc UBER with a Hold rating. The price target for Uber Technologies is set to $50. Uber shares closed at $44.27 on Monday.
• Analysts at Canaccord Genuity initiated coverage on Paysign Inc PAYS with a Buy rating. The price target for Paysign is set to $17. Paysign shares closed at $13.91 on Monday.
• Loop Capital initiated coverage on Corteva Inc CTVA with a Hold rating. The price target for Corteva is set to $31. Corteva closed at $29.68 on Monday.
• Stephens & Co. initiated coverage on Descartes Systems Group Inc DSGX with an Equal-Weight rating. Descartes Systems shares closed at $36.90 on Monday.