Benzinga's Top Upgrades, Downgrades For July 17, 2019

Top Upgrades

• Evercore ISI Group upgraded KB Home KBH from In-Line to Outperform. KB Home rose 1.6% to close at $26.74 on Tuesday.
• JP Morgan upgraded Silgan Holdings Inc. SLGN from Underweight to Neutral. Silgan rose 0.6% to close at $30.39 on Tuesday.
• Bank of America upgraded ConocoPhillips COP from Neutral to Buy. ConocoPhillips shares rose 1% to $60.35 in pre-market trading.
• Benchmark upgraded Progress Software Corp PRGS from Hold to Buy. Progress Software shares fell 2.5% to close at $40.55 on Tuesday.
• Analysts at Piper Jaffray upgraded MACOM Technology Solutions Holdings Inc MTSI from Neutral to Overweight. MACOM shares rose 6.1% to $16.50 in pre-market trading.
• Imperial Capital upgraded Nautilus, Inc. NLS from In-Line to Outperform. Nautilus shares rose 7% to $1.85 in pre-market trading.
• Goldman Sachs upgraded Hershey Co HSY from Sell to Neutral. Hershey shares rose 0.7% to $141.40 in pre-market trading.
• Analysts at Credit Suisse upgraded Ctrip.Com International Ltd CTRP from Neutral to Outperform. Ctrip.com rose 0.9% to $37.20 in pre-market trading.
• Piper Jaffray upgraded Seattle Genetics, Inc. SGEN from Neutral to Overweight. Seattle Genetics shares rose 8.3% to $68.45 in pre-market trading.
• Susquehanna upgraded Redfin Corp RDFN from Neutral to Positive. Redfin shares rose 3.4% to $17.70 in pre-market trading.

Top Downgrades

• Goldman Sachs downgraded PVH Corp PVH from Neutral to Sell. PVH shares rose 2.3% to close at $92.50 on Tuesday.
• Buckingham Research downgraded Lear Corporation LEA from Buy to Neutral. Lear fell 0.7% to $128.88 in pre-market trading.
• Northcoast Research downgraded Motorola Solutions Inc MSI from Buy to Neutral. Motorola Solutions shares fell 0.7% to close at $171.53 on Tuesday.
• DA Davidson downgraded Nu Skin Enterprises, Inc. NUS from Buy to Neutral. Nu Skin shares fell 19.7% to $36.55 in pre-market trading.
• Janney Capital downgraded Santander Consumer USA Holdings Inc SC from Buy to Neutral. Santander Consumer shares fell 0.2% to close at $25.55 on Tuesday.
• Goldman Sachs downgraded Levi Strauss & Co. LEVI from Neutral to Sell. Levi Strauss shares fell 2.1% to $19.38 in pre-market trading.
• Credit Suisse downgraded 58.com Inc WUBA from Outperform to Neutral. 58.com shares fell 0.9% to $57.23 in pre-market trading.
• Stifel Nicolaus downgraded Cardiovascular Systems Inc CSII from Buy to Hold. Cardiovascular Systems shares fell 4.1% to close at $43.99 on Tuesday.
• JP Morgan downgraded Ardagh Group SA ARD from Neutral to Underweight. Ardagh shares fell 2.8% to $17.85 in pre-market trading.
• Goldman Sachs downgraded Ralph Lauren Corp RL from Neutral to Sell. Ralph Lauren shares fell 4.5% to $110.00 in pre-market trading.

Top Initiations

• Morgan Stanley initiated coverage on Allison Transmission Holdings Inc ALSN with an Equal-Weight rating. The price target for Allison Transmission is set to $50. Allison Transmission shares closed at $47.61 on Tuesday.
• Barrington Research initiated coverage on I.D. Systems, Inc. IDSY with an Outperform rating. I.D. Systems shares closed at $6.08 on Tuesday.
• Analysts at B. Riley FBR initiated coverage on Opera Ltd OPRA with a Buy rating. The price target for Opera is set to $14.5. Opera shares closed at $10.39 on Tuesday.
• Analysts at BTIG Research initiated coverage on Farfetch Ltd FTCH with a Buy rating. The price target for Farfetch is set to $26. Farfetch shares closed at $20.40 on Tuesday.
• Evercore ISI Group initiated coverage on PagSeguro Digital Ltd PAGS with an Outperform rating. The price target for PagSeguro Digital is set to $65. PagSeguro Digital shares closed at $44.74 on Tuesday.
• Analysts at Piper Jaffray initiated coverage on Enterprise Products Partners L.P. EPD with an Overweight rating. The price target for Enterprise Products is set to $37. Enterprise Products shares closed at $30.32 on Tuesday.
• Analysts at JP Morgan initiated coverage on Jones Lang LaSalle Inc JLL with an Overweight rating. Jones Lang LaSalle shares closed at $140.23 on Tuesday.
• Ladenburg Thalmann initiated coverage on Aurora Cannabis Inc ACB with a Buy rating. The price target for Aurora Cannabis is set to $9. Aurora Cannabis shares closed at $7.16 on Tuesday.
• Citi initiated coverage on Slack Technologies Inc WORK with a Neutral rating. Slack closed at $34.40 on Tuesday.
• KeyBanc initiated coverage on 2U Inc TWOU with an Overweight rating. The price target for 2U is set to $56. 2U shares closed at $38.59 on Tuesday.