Benzinga's Top Upgrades, Downgrades For December 26, 2018

Top Upgrades

• Standpoint Research upgraded Citigroup Inc C from Hold to Buy. Citigroup shares rose 0.9 percent to $49.70 in pre-market trading.
• Standpoint Research upgraded Oracle Corporation ORCL from Hold to Buy. Oracle shares fell 2.98 percent to close at $42.69 on Monday.
• B. Riley FBR upgraded Marine Products Corp. MPX from Sell to Neutral. Marine Products fell 0.3 percent to $15.80 in pre-market trading.
• Standpoint Research upgraded Target Corporation TGT from Hold to Buy. Target shares rose 1.2 percent to $62.30 in pre-market trading.
• Standpoint Research upgraded Caterpillar Inc. CAT from Sell to Accumulate. Caterpillar rose 0.8 percent to $117.85 in pre-market trading.

Top Initiations

• Analysts at Standpoint Research initiated coverage on HP Inc HPQ with a Buy rating. HP closed at $19.38 on Monday.
• Standpoint Research initiated coverage on United Parcel Service, Inc. UPS with a Buy rating. UPS shares closed at $89.89 on Monday.
• H.C. Wainwright initiated coverage on Corbus Pharmaceuticals Holdings Inc CRBP with a Buy rating. The price target for Corbus Pharmaceuticals is set to $24. Corbus Pharmaceuticals shares closed at $5.26 on Monday.
• Standpoint Research initiated coverage on General Mills, Inc. GIS with a Buy rating. General Mills shares closed at $37.59 on Monday.
• Analysts at Standpoint Research initiated coverage on Carnival Corp CCL with an Accumulate rating. Carnival shares closed at $46.21 on Monday.