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

Top Upgrades

• Bank of America upgraded Accenture Plc ACN from Neutral to Buy. Accenture rose 1.1 percent to $143.07 in pre-market trading.
• Raymond James upgraded Nokia Oyj NOK from Market Perform to Outperform. Nokia rose 0.5 percent to $6.05 in pre-market trading.
• Evercore ISI Group upgraded State Street Corp STT from In-Line to Outperform. State Street shares rose 1.25 percent to close at $64.99 on Monday.
• Goldman Sachs upgraded Willis Towers Watson PLC WLTW from Neutral to Buy. Willis Towers Watson shares rose 0.74 percent to close at $151.61 on Monday.
• Stifel Nicolaus upgraded Oasis Petroleum Inc. OAS from Hold to Buy. Oasis Petroleum shares rose 4.4 percent to $6.45 in pre-market trading.
• JP Morgan upgraded Bloomin' Brands Inc BLMN from Neutral to Overweight. Bloomin Brands shares fell 2.5 percent to $18.85 in pre-market trading.
• Scotiabank upgraded Union Pacific Corporation UNP from Sector Perform to Outperform. Union Pacific shares rose 7.5 percent to $149.10 in pre-market trading.
• Analysts at Morgan Stanley upgraded Nordstrom, Inc. JWN from Underweight to Equal-Weight. Nordstrom shares rose 0.5 percent to $48.40 in pre-market trading.
• Goldman Sachs upgraded Global Payments Inc GPN from Neutral to Buy. Global Payments shares gained 1.6 percent to $106.57 in pre-market trading.
• Oppenheimer upgraded Littelfuse, Inc. LFUS from Perform to Outperform. Littelfuse shares rose 0.5 percent to $172.84 in pre-market trading.

Top Downgrades

• Jefferies downgraded JPMorgan Chase & Co. JPM from Buy to Hold. JPMorgan shares gained 0.4 percent to $101.20 in pre-market trading.
• Bank of America downgraded Mastercard Inc MA from Buy to Neutral. Mastercard shares fell 1.3 percent to $188.75 in pre-market trading.
• Evercore ISI Group downgraded Franklin Resources, Inc. BEN from In-Line to Underperform. Franklin Resources shares fell 0.7 percent to $30.19 in pre-market trading.
• Raymond James downgraded Hyatt Hotels Corporation H from Outperform to Market Perform. Hyatt shares dropped 0.4 percent to $67.33 in pre-market trading.
• Morgan Stanley downgraded Moody's Corporation MCO from Equal-Weight to Underweight. Moody's shares dropped 0.4 percent to $143.24 in pre-market trading.
• Oppenheimer downgraded Honeywell International Inc. HON from Outperform to Market Perform. Honeywell shares fell 0.1 percent to $135.25 in pre-market trading.
• Jefferies downgraded General Dynamics Corporation GD from Buy to Hold. General Dynamics shares closed at $158.65 on Monday.
• Wells Fargo downgraded Frontier Communications Corp FTR from Market Perform to Underperform. Frontier Communications shares fell 6.3 percent to $2.55 in pre-market trading.
• BMO Capital downgraded Celanese Corporation CE from Outperform to Market Perform. Celanese shares rose 1.03 percent to close at $92.32 on Monday.
• Goldman Sachs downgraded Aon PLC AON from Buy to Neutral. Aon shares fell 0.25 percent to close at $144.23 on Monday.

Top Initiations

• Barclays initiated coverage on First Solar, Inc. FSLR with an Overweight rating. The price target for First Solar is set to $63. First Solar shares closed at $45.79 on Monday.
• Analysts at Wells Fargo initiated coverage on AXA Equitable Holdings Inc EQH with a Market Perform rating. The price target for AXA Equitable is set to $20. AXA Equitable closed at $17.40 on Monday.
• Atlantic Equities initiated coverage on CSX Corporation CSX with an Overweight rating. CSX shares closed at $62.45 on Monday.
• KeyBanc initiated coverage on Range Resources Corp. RRC with a Sector Weight rating. Range Resources closed at $11.13 on Monday.
• Wells Fargo initiated coverage on Prudential Financial Inc PRU with an Outperform rating. The price target for Prudential Financial is set to $105. Prudential Financial shares closed at $85.00 on Monday.
• Needham initiated coverage on Zillow Group Inc Z with a Hold rating. Zillow shares closed at $30.85 on Monday.
• Analysts at Atlantic Equities initiated coverage on Kansas City Southern KSU with an Overweight rating. Kansas City Southern shares closed at $98.03 on Monday.
• Analysts at Berenberg initiated coverage on Switch Inc SWCH with a Buy rating. The price target for Switch is set to $11. Switch closed at $7.48 on Monday.
• Barclays initiated coverage on SunPower Corporation SPWR with an Underweight rating. The price target for SunPower is set to $4. SunPower shares closed at $5.48 on Monday.
• Analysts at Maxim Group initiated coverage on Aegion Corp AEGN with a Hold rating. The price target for Aegion is set to $18. Aegion shares closed at $17.63 on Monday.