Benzinga's Top Upgrades

Analysts at JP Morgan upgraded Chipotle Mexican Grill, Inc. CMG from Neutral to Overweight. The target price for Chipotle has been raised from $465 to $510. Chipotle shares gained 2.82 percent to $457.20 in pre-market trading. Analysts at Pacific Crest upgraded Red Hat Inc RHT from Sector Weight to Overweight. Red Hat shares declined 0.01 percent to close at $74.04 on Wednesday. Piper Jaffray upgraded Baxter International Inc BAX from Neutral to Overweight. The target price for Baxter has been raised from $39 to $58. Baxter shares gained 0.99 percent to $42.76 in pre-market trading. UBS upgraded Applied Materials, Inc. AMAT from Neutral to Buy. Applied Materials shares fell 0.42 percent to $21.22 in pre-market trading.