Benzinga's Top Upgrades, Downgrades For January 25, 2018

Top Upgrades

• Deutsche Bank upgraded U.S. Bancorp USB from Hold to Buy. US Bancorp shares rose 0.40 percent to $57.98 in pre-market trading.
• Northland Securities upgraded Obalon Therapeutics Inc OBLN from Underperform to Market Perform. Obalon Therapeutics rose 7.84 percent to $3.85 in pre-market trading.
• Analysts at RBC Capital upgraded Centurylink Inc CTL from Sector Perform to Outperform. CenturyLink shares rose 4.08 percent to $18.10 in pre-market trading.
• Wells Fargo upgraded Carter's, Inc. CRI from Market Perform to Outperform. Carter's shares gained 1.57 percent to $121.50 in pre-market trading.
• Analysts at Telsey Advisory Group upgraded Lowe's Companies, Inc. LOW from Market Perform to Outperform. Lowe's shares gained 0.64 percent to $107.40 in pre-market trading.
• Analysts at Raymond James upgraded Texas Capital Bancshares Inc TCBI from Market Perform to Outperform. Texas Capital Bancshares shares fell 0.95 percent to close at $98.95 on Wednesday.
• Telsey Advisory Group upgraded Dicks Sporting Goods Inc DKS from Market Perform to Outperform. Dick's shares dropped 3.15 percent to close at $33.84 on Wednesday.
• Analysts at Keefe Bruyette & Woods upgraded United Community Banks, Inc. UCBI from Market Perform to Outperform. United Community Banks shares fell 0.98 percent to close at $31.25 on Wednesday.
• Deutsche Bank upgraded KeyCorp KEY from Hold to Buy. KeyCorp shares rose 0.56 percent to close at $21.73 on Wednesday.
• William Blair upgraded Abbott Laboratories ABT from Market Perform to Outperform. Abbott shares rose 1.17 percent to $62.44 in pre-market trading.

Top Downgrades

• Telsey Advisory Group downgraded Tractor Supply Company TSCO from Outperform to Market Perform. Tractor Supply shares fell 1.4 percent to $79.55 in pre-market trading.
• Analysts at Leerink Swann downgraded bluebird bio Inc BLUE from Outperform to Market Perform. bluebird shares fell 1.81 percent to $203.70 in pre-market trading.
• Citigroup downgraded BlackRock, Inc. BLK from Buy to Neutral. BlackRock shares fell 0.58 percent to $584.26 in pre-market trading.
• RBC Capital downgraded Jagged Peak Energy Inc JAG from Outperform to Sector Perform. Jagged Peak Energy shares fell 0.14 percent to close at $14.38 on Wednesday.
• Telsey Advisory Group downgraded Best Buy Co Inc BBY from Outperform to Market Perform. Best Buy shares dropped 0.79 percent to $76.18 in pre-market trading.
• Citigroup downgraded Janus Henderson Group plc JHG from Buy to Neutral. Janus Henderson shares rose 0.02 percent to close at $40.97 on Wednesday.

Top Initiations

• Berenberg initiated coverage on Intercontinental Exchange Inc ICE with a Buy rating. The price target for Intercontinental Exchange is set to $90. Intercontinental Exchange shares closed at $75.42 on Wednesday.
• Barclays initiated coverage on At Home Group Inc. HOME with an Overweight rating. The price target for At Home is set to $40. At Home shares closed at $32.09 on Wednesday.
• Deutsche Bank initiated coverage on Eagle Bulk Shipping Inc EGLE with a Buy rating. The price target for Red Eagle Bulk Shipping is set to $7. Eagle Bulk Shipping shares closed at $5.07 on Wednesday.
• Noble Financial initiated coverage on Orion Group Holdings Inc ORN with a Buy rating. The price target for Orion Group is set to $10. Orion Group shares closed at $7.73 on Wednesday.
• Analysts at Mizuho initiated coverage on Domino's Pizza, Inc. DPZ with a Buy rating. The price target for Domino's is set to $250. Domino's shares closed at $218.72 on Wednesday.
• Analysts at Mizuho initiated coverage on GrubHub Inc GRUB with a Buy rating. The price target for GrubHub is set to $81. GrubHub shares closed at $71.53 on Wednesday.
• Ladenburg Thalmann initiated coverage on Flex Pharma Inc FLKS with a Buy rating. The price target for Flex Pharma is set to $12. Flex Pharma shares closed at $4.02 on Wednesday.
• Analysts at Berenberg initiated coverage on CME Group Inc CME with a Hold rating. The price target for CME Group is set to $170. CME Group shares rose 0.48 percent to close at $154.99 on Wednesday.