Benzinga's Top Upgrades, Downgrades For June 19, 2018

Top Upgrades

• Deutsche Bank upgraded Verizon Communications Inc. VZ from Hold to Buy. Verizon shares rose 0.55 percent to $47.72 in pre-market trading.
• Stifel Nicolaus upgraded Intuit Inc. INTU from Hold to Buy. Intuit shares rose 0.40 percent to $210.00 in pre-market trading.
• Jefferies upgraded Helmerich & Payne, Inc. HP from Hold to Buy. Helmerich & Payne shares rose 1.04 percent to close at $63.87 on Monday.
• TD Securities upgraded Baytex Energy Corp. BTE from Hold to Buy. Baytex Energy shares rose 0.88 percent to $3.43 in pre-market trading.
• Credit Suisse upgraded First Solar, Inc. FSLR from Underperform to Neutral. First Solar shares fell 0.35 percent to $51.65 in pre-market trading.
• Susquehanna upgraded Accenture plc ACN from Neutral to Positive. Accenture shares fell 0.37 percent to close at $162.88 on Monday.
• Analysts at Evercore ISI Group upgraded bluebird bio, Inc. BLUE from In-Line to Outperform. bluebird bio shares rose 1.13 percent to $178.65 in pre-market trading.
• Piper Jaffray upgraded BOK Financial Corporation BOKF from Neutral to Overweight. BOK Financial shares fell 5.74 percent to close at $96.06 on Monday.

Top Downgrades

• UBS downgraded Mattel, Inc. MAT from Buy to Neutral. Mattel shares fell 1.91 percent to $17.44 in pre-market trading.
• Bank of America downgraded Commercial Metals Company CMC from Neutral to Underperform. Commercial Metals shares fell 1.74 percent to $23.66 in pre-market trading.
• Stifel Nicolaus downgraded Dr Pepper Snapple Group, Inc. DPS from Buy to Hold. Dr Pepper Snapple shares rose 0.25 percent to close at $121.80 on Monday.
• Raymond James downgraded Red Hat, Inc. RHT from Outperform to Market Perform. Red Hat shares fell 1.86 percent to $173.00 in pre-market trading.
• Credit Suisse downgraded PagSeguro Digital Ltd. PAGS from Neutral to Underperform. PagSeguro Digital shares fell 10.53 percent to $28.80 in pre-market trading.
• BTIG Research downgraded Helius Medical Technologies, Inc. HSDT from Buy to Neutral. Helius Medical Tech shares fell 1.15 percent to close at $12.87 on Monday.
• Evercore ISI Group downgraded Madrigal Pharmaceuticals, Inc. MDGL from Outperform to In-Line. Madrigal Pharmaceuticals shares rose 2.07 percent to close at $306.37 on Monday.
• Pivotal Research downgraded Sirius XM Holdings Inc. SIRI from Buy to Hold. Sirius XM shares fell 1.57 percent to $7.52 in pre-market trading.
• Citigroup downgraded F5 Networks, Inc. FFIV from Buy to Neutral. F5 Networks shares rose 0.20 percent to $181.65 in pre-market trading.
• Bank of America downgraded Barclays PLC BCS from Buy to Neutral. Barclays shares fell 2.04 percent to $10.34 in pre-market trading.

Top Initiations

• Analysts at Atlantic Equities initiated coverage on Ulta Beauty, Inc. ULTA with an Overweight rating. The price target for Ulta Beauty is set to $303. Ulta Beauty closed at $247.26 on Monday.
• Analysts at Citigroup initiated coverage on GreenSky, Inc. GSKY with a Buy rating. The price target for GreenSky is set to $28. GreenSky closed at $24.43 on Monday.
• Cowen & Co. initiated coverage on Ingersoll-Rand Plc IR with an Outperform rating. The price target for Ingersoll-Rand is set to $111. Ingersoll-Rand shares closed at $92.02 on Monday.
• Benchmark initiated coverage on iClick Interactive Asia Group Limited ICLK with a Buy rating. The price target for iClick Interactive Asia is set to $14. iClick Interactive Asia shares closed at $7.29 on Monday.
• Analysts at Leerink Swann initiated coverage on Iterum Therapeutics plc ITRM with an Outperform rating. The price target for Iterum Therapeutics is set to $18. Iterum Therapeutics shares closed at $12.00 on Monday.
• SunTrust Robinson Humphrey initiated coverage on Cision Ltd. CISN with a Buy rating. The price target for Cision is set to $20. Cision shares closed at $15.18 on Monday.
• H.C. Wainwright initiated coverage on Arcadia Biosciences, Inc. RKDA with a Buy rating. The price target for Arcadia Biosciences is set to $20. Arcadia Biosciences shares closed at $8.16 on Monday.
• Cowen & Co. initiated coverage on Codexis, Inc. CDXS with an Outperform rating. The price target for Codexis is set to $18. Codexis closed at $15.45 on Monday.
• Instinet initiated coverage on Ally Financial Inc. ALLY with a Neutral rating. The price target for Ally Financial is set to $28. Ally Financial shares closed at $26.38 on Monday.