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

Top Upgrades

• Oppenheimer upgraded Cree, Inc. CREE from Perform to Outperform. Cree shares fell 2.53 percent to close at $39.36 on Tuesday.
• Susquehanna upgraded Crane Co. CR from Neutral to Positive. Crane shares fell 8 percent to close at $87.79 on Tuesday.
• Stifel Nicolaus upgraded Alphabet Inc. GOOGL from Hold to Buy. Alphabet shares gained 0.23 percent to $1,025.00 in pre-market trading.
• Baird upgraded Biogen Inc. BIIB from Neutral to Outperform. Biogen shares rose 0.48 percent to $263.42 in pre-market trading.
• Buckingham upgraded PulteGroup, Inc. PHM from Neutral to Buy. PulteGroup shares rose 2.88 percent to close at $29.65 on Tuesday.
• Evercore ISI Group upgraded DDR Corp. DDR from Underperform to In-Line. DDR shares rose 4.48 percent to $6.99 in pre-market trading.
• Analysts at Stephens & Co. upgraded TEGNA Inc. TGNA from Equal-Weight to Overweight. Tegna shares rose 0.66 percent to close at $10.72 on Tuesday.
• UBS upgraded Verizon Communications Inc. VZ from Neutral to Buy. Verizon shares rose 0.28 percent to $49.81 in pre-market trading.
• BMO Capital upgraded The Walt Disney Company DIS from Underperform to Market Perform. Disney shares fell 0.69 percent to close at $99.46 on Tuesday.
• Jefferies upgraded ONE Gas, Inc. OGS from Underperform to Hold. ONE Gas shares rose 0.74 percent to close at $68.39 on Tuesday.

Top Downgrades

• Roth Capital downgraded GrubHub Inc. GRUB from Buy to Neutral. GrubHub shares fell 2.22 percent to $95.90 in pre-market trading.
• Baird downgraded Teradyne, Inc. TER from Outperform to Neutral. Teradyne shares fell 10.19 percent to $37.28 in pre-market trading.
• Jefferies downgraded Fiat Chrysler Automobiles N.V. FCAU from Buy to Hold. Fiat Chrysler shares declined 2.27 percent to $23.20 in pre-market trading.
• RBC Capital downgraded PACCAR Inc PCAR from Outperform to Sector Perform. PACCAR shares fell 6.47 percent to close at $64.92 on Tuesday.
• Wells Fargo downgraded Emergent BioSolutions Inc. EBS from Outperform to Market Perform. Emergent BioSolutions shares fell 0.11 percent to close at $54.52 on Tuesday.
• Analysts at Citigroup downgraded Vectren Corporation VVC from Buy to Neutral. Vectren shares fell 0.47 percent to close at $69.98 on Tuesday.
• Stifel Nicolaus downgraded Floor & Decor Holdings, Inc. FND from Buy to Hold. Floor & Decor shares dropped 1.87 percent to $54.50 in pre-market trading.
• Jefferies downgraded Plains All American Pipeline, L.P. PAA from Buy to Hold. Plains All American shares fell 1.75 percent to close at $24.76 on Tuesday.

Top Initiations

• Analysts at Seaport Global initiated coverage on The Williams Companies, Inc. WMB with a Buy rating. The price target for Williams Companies is set to $28. Williams Companies shares closed at $25.55 on Tuesday.
• Analysts at Credit Suisse initiated coverage on Prudential Financial, Inc. PRU with a Neutral rating. The price target for Prudential is set to $102. Prudential shares closed at $107.14 on Tuesday.
• Piper Jaffray initiated coverage on Broadcom Inc. AVGO with an Overweight rating. The price target for Broadcom is set to $293. Broadcom shares closed at $228.39 on Tuesday.
• B. Riley initiated coverage on Allena Pharmaceuticals, Inc. ALNA with a Buy rating. The price target for Allena Pharmaceuticals is set to $23.50. Allena Pharmaceuticals shares closed at $13.93 on Tuesday.
• Credit Suisse initiated coverage on MetLife, Inc. MET with an Outperform rating. The price target for MetLife is set to $67. MetLife shares closed at $47.61 on Tuesday.
• Seaport Global initiated coverage on Williams Partners L.P. WPZ with a Buy rating. The price target for Williams Partners is set to $40. Williams Partners shares closed at $35.33 on Tuesday.
• Canaccord Genuity initiated coverage on SendGrid, Inc. SEND with a Buy rating. The price target for SendGrid is set to $32. SendGrid shares closed at $28.69 on Tuesday.
• Analysts at Credit Suisse initiated coverage on Reinsurance Group of America, Incorporated RGA with a Neutral rating. The price target for Reinsurance Group is set to $164. Reinsurance Group closed at $156.88 on Tuesday.