Benzinga's Top Upgrades, Downgrades For July 8, 2019

Top Upgrades

• B. Riley upgraded Orion Group Holdings Inc ORN from Neutral to Buy. Orion Group rose 4.8% to $3.25 in pre-market trading.
• SunTrust Robinson Humphrey upgraded Edgewell Personal Care Co EPC from Hold to Buy. Edgewell Personal Care shares rose 0.2% to close at $28.05 on Friday.
• Analysts at Raymond James upgraded Life Storage Inc LSI from Market Perform to Outperform. Life Storage fell 0.1% to close at $98.79 on Friday.
• JP Morgan upgraded Johnson Controls International PLC JCI from Underweight to Neutral. Johnson Controls shares rose 0.6% to $42.10 in pre-market trading.
• Piper Jaffray upgraded Amneal Pharmaceuticals Inc AMRX from Neutral to Overweight. Amneal Pharmaceuticals fell 4.5% to close at $6.66 on Friday.
• Analysts at Daiwa Capital upgraded HUYA Inc - ADR HUYA from Neutral to Outperform. HUYA shares fell 1.3% to $25.66 in pre-market trading.
• Wells Fargo upgraded Cabot Oil & Gas Corporation COG from Market Perform to Outperform. Cabot Oil shares rose 0.5% to $23.75 in pre-market trading.
• Citi upgraded Flowserve Corp FLS from Neutral to Buy. Flowserve shares rose 1% to $53.52 in pre-market trading.

Top Downgrades

• Rosenblatt downgraded Apple Inc. AAPL from Neutral to Sell. Apple shares fell 1.5% to $201.20 in pre-market trading.
• Citigroup downgraded NetApp Inc. NTAP from Neutral to Sell. NetApp shares fell 4.3% to $59.74 in pre-market trading.
• Morgan Stanley downgraded State Street Corp STT from Overweight to Underweight. State Street shares rose 0.6% to close at $56.80 on Wednesday.
• BMO Capital downgraded Huntington Bancshares Incorporated HBAN from Market Perform to Underperform. Huntington Bancshares shares fell 1.8% to $13.67 in pre-market trading.
• Citigroup downgraded Verizon Communications Inc. VZ from Buy to Neutral. Verizon fell 0.9% to $57.80 in pre-market trading.
• Credit Suisse downgraded Allegion PLC ALLE from Outperform to Neutral. Allegion shares rose 0.4% to close at $110.99 on Monday.
• Buckingham Research downgraded Lithia Motors Inc LAD from Buy to Neutral. Lithia Motors shares fell 0.8% to $121.34 in pre-market trading.
• Goldman Sachs downgraded F5 Networks, Inc. FFIV from Neutral to Sell. F5 Networks shares fell 0.1% to close at $147.66 on Friday.
• JP Morgan downgraded Lennox International Inc. LII from Neutral to Underweight. Lennox International shares fell 0.2% to close at $288.05 on Friday.
• Keefe Bruyette & Woods downgraded SVB Financial Group SIVB from Outperform to Market Perform. SVB Financial shares rose 2.1% to close at $222.90 on Friday.

Top Initiations

• H.C. Wainwright initiated coverage on Polarityte Inc PTE with a Buy rating. The price target for Polarityte is set to $8. Polarityte shares closed at $5.52 on Friday.
• Morgan Stanley initiated coverage on AptarGroup, Inc. ATR with a Overweight rating. The price target for AptarGroup is set to $144. AptarGroup shares closed at $124.61 on Friday.
• Analysts at Credit Suisse initiated coverage on Crowdstrike Holdings Inc CRWD with a Neutral rating. The price target for Crowdstrike is set to $70. Crowdstrike shares closed at $67.21 on Friday.
• Analysts at Piper Jaffray initiated coverage on Magnolia Oil & Gas Corp MGY with a Overweight rating. The price target for Magnolia Oil is set to $14. Magnolia Oil shares closed at $11.34 on Friday.
• Raymond James upgraded Signature Bank SBNY from Outperform to Strong Buy. Signature Bank shares rose 0.8% to $125.47 in pre-market trading.
• UBS initiated coverage on Fiverr International Ltd FVRR with a Neutral rating. The price target for Fiverr International is set to $29. Fiverr International shares closed at $27.25 on Friday.
• Analysts at Goldman Sachs initiated coverage on Cabot Microelectronics Corporation CCMP with a Buy rating. The price target for Cabot Microelectronics is set to $148. Cabot Microelectronics shares closed at $110.03 on Friday.
• Analysts at Wells Fargo initiated coverage on Forestar Group Inc. FOR with a Outperform rating. Forestar Group shares closed at $19.88 on Friday.
• Nomura initiated coverage on Triplepoint Venture Growth BDC Corp TPVG with a Buy rating. Triplepoint Venture Growth shares closed at $14.37 on Friday.
• Piper Jaffray initiated coverage on Centennial Resource Development Inc CDEV with a Neutral rating. The price target for Centennial Resource Development is set to $8. Centennial Resource Development closed at $7.52 on Friday.
• H.C. Wainwright initiated coverage on Protagonist Therapeutics Inc PTGX with a Buy rating. The price target for Protagonist Therapeutics is set to $23. Protagonist Therapeutics shares closed at $12.84 on Friday.