Benzinga's Top Upgrades, Downgrades For January 29, 2019

Top Upgrades

• Piper Jaffray upgraded Stratasys Ltd SSYS from Neutral to Overweight. Stratasys shares rose 6.2 percent to $23.65 in pre-market trading.
• UBS upgraded NVIDIA Corporation NVDA from Neutral to Buy. NVIDIA shares fell 0.8 percent to $136.86 in pre-market trading.
• RBC Capital upgraded Lam Research Corporation LRCX from Sector Perform to Outperform. Lam Research shares rose 1.4 percent to $168.30 in pre-market trading.
• Raymond James upgraded Carbon Black Inc CBLK from Outperform to Strong Buy. Carbon Black shares rose 3.3 percent to $14.77 in pre-market trading.
• Piper Jaffray upgraded 3D Systems Corporation DDD from Neutral to Overweight. 3D Systems shares rose 6 percent to $12.23 in pre-market trading.
• Keefe Bruyette & Woods upgraded Chemical Financial Corporation CHFC from Market Perform to Outperform. Chemical Financial rose 5.37 percent to close at $44.75 on Monday.
• Jefferies upgraded BlackRock, Inc. BLK from Hold to Buy. BlackRock shares fell 1.19 percent to close at $405.36 on Monday.
• Atlantic Equities upgraded American Express Company AXP from Neutral to Overweight. American Express shares rose 0.4 percent to $100.80 in pre-market trading.
• RBC Capital upgraded Applied Materials, Inc. AMAT from Sector Perform to Outperform. Applied Materials shares gained 1.8 percent to $39.40 in pre-market trading.
• Analysts at BMO Capital upgraded TCF Financial Corporation TCF from Market Perform to Outperform. TCF Financial shares rose 5.28 percent to close at $22.72 on Monday.

Top Downgrades

• Needham downgraded NVIDIA Corporation NVDA from Buy to Underperform. NVIDIA shares fell 0.8 percent to $136.86 in pre-market trading.
• Stephens & Co. downgraded Corelogic Inc CLGX from Overweight to Equal-Weight. CoreLogic shares rose 0.43 percent to close at $36.37 on Friday.
• Macquarie downgraded AK Steel Holding Corporation AKS from Outperform to Neutral. AK Steel shares rose 1.9 percent to $2.75 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Fiserv Inc FISV from Buy to Hold. Fiserv shares rose 0.16 percent to close at $85.21 on Monday.
• Raymond James downgraded Square Inc SQ from Market Perform to Underperform. Square shares fell 3.8 percent to $73.29 in pre-market trading.
• William Blair downgraded Crane Co. CR from Outperform to Market Perform. Crane shares fell 0.29 percent to close at $79.14 on Thursday.
• JMP Securities downgraded Cree, Inc. CREE from Market Outperform to Market Perform. Cree shares fell 2.18 percent to close at $49.32 on Friday.
• Oppenheimer downgraded Activision Blizzard, Inc. ATVI from Outperform to Market Perform. Activision Blizzard shares fell 1.2 percent to $46.19 in pre-market trading.
• Jefferies downgraded Affiliated Managers Group, Inc. AMG from Buy to Hold. Affiliated Managers Group shares rose 0.22 percent to close at $109.87 on Monday.
• Guggenheim downgraded Gulfport Energy Corporation GPOR from Buy to Neutral. Gulfport Energy shares fell 1.5 percent to $8.43 in pre-market trading.

Top Initiations

• Deutsche Bank initiated coverage on Wayfair Inc W with a Buy rating. The price target for Wayfair is set to $124. Wayfair shares closed at $104.47 on Monday.
• Oppenheimer initiated coverage on Vericel Corp VCEL with an Outperform rating. The price target for Vericel is set to $23. Vericel shares closed at $16.23 on Monday.
• Analysts at Piper Jaffray initiated coverage on Senseonics Holdings Inc SENS with a Neutral rating. The price target for Senseonics is set to $2.70. Senseonics closed at $2.55 on Monday.
• Analysts at Jefferies initiated coverage on Total System Services, Inc. TSS with a Buy rating. Total System Services shares closed at $87.83 on Monday.
• Stifel Nicolaus initiated coverage on Revance Therapeutics Inc RVNC with a Buy rating. The price target for Revance Therapeutics is set to $50. Revance Therapeutics shares closed at $17.00 on Monday.
• Baird initiated coverage on Inflarx NV IFRX with an Outperform rating. The price target for Inflarx is set to $62. Inflarx shares closed at $34.76 on Monday.
• H.C. Wainwright initiated coverage on Urogen Pharma Ltd URGN with a Buy rating. The price target for Urogen Pharma is set to $82. Urogen Pharma shares closed at $40.16 on Monday.
• Raymond James initiated coverage on Dell Technologies Inc DELL with an Outperform rating. The price target for Dell is set to $57. Dell shares closed at $46.90 on Monday.
• Analysts at Jefferies initiated coverage on Visa Inc V with a Buy rating. Visa shares closed at $135.99 on Monday.
• Analysts at Deutsche Bank initiated coverage on Etsy Inc ETSY with a Buy rating. The price target for Etsy is set to $64. Etsy shares closed at $54.92 on Monday.