Benzinga's Top Upgrades, Downgrades For June 22, 2018

Top Upgrades

• Bank of America upgraded Darden Restaurants, Inc. DRI from Underperform to Neutral. Darden shares rose 0.43 percent to $107.52 in pre-market trading.
• Janney Capital upgraded Eversource Energy ES from Neutral to Buy. Eversource Energy shares rose 0.54 percent to $56.00 in pre-market trading.
• Jefferies upgraded Molina Healthcare, Inc. MOH from Hold to Buy. Molina Healthcare shares rose 0.69 percent to close at $98.68 on Thursday.
• Raymond James upgraded Dollar General Corporation DG from Outperform to Strong Buy. Dollar General shares rose 1.34 percent to $100.00 in pre-market trading.
• UBS upgraded United Rentals, Inc. URI from Neutral to Buy. United Rentals shares rose 2.16 percent to $156.40 in pre-market trading.
• HSBC upgraded Copa Holdings, S.A. CPA from Hold to Buy. Copa Holdings shares fell 0.93 percent to close at $99.11 on Thursday.

Top Downgrades

• Needham downgraded KLA-Tencor Corporation KLAC from Buy to Hold. KLA-Tencor shares fell 1.06 percent to $109.14 in pre-market trading.
• Benchmark downgraded Booking Holdings Inc. BKNG from Buy to Hold. Booking Holdings shares fell 0.12 percent to $2,119.87 in pre-market trading.
• Argus downgraded Zimmer Biomet Holdings, Inc. ZBH from Buy to Hold. Zimmer Biomet shares fell 1.35 percent to $110.01 in pre-market trading.
• Bank of America downgraded Ollie's Bargain Outlet Holdings, Inc. OLLI from Neutral to Underperform. Ollie's Bargain shares fell 3.57 percent to $74.15 in pre-market trading.
• Stephens & Co. downgraded Ingredion Incorporated INGR from Overweight to Equal-Weight. Ingredion shares fell 0.58 percent to $113.64 in pre-market trading.
• DZ Bank downgraded Eli Lilly and Company LLY from Buy to Hold. Eli Lilly shares fell 0.24 percent to close at $86.07 on Thursday.
• BTIG Research downgraded Red Hat, Inc. RHT from Buy to Neutral. Red Hat shares fell 13.75 percent to $142.84 in pre-market trading.
• Buckingham downgraded NIKE, Inc. NKE from Buy to Neutral. Nike shares fell 0.81 percent to $73.34 in pre-market trading.
• JP Morgan downgraded Ecolab Inc. ECL from Neutral to Underweight. Ecolab shares fell 1.55 percent to $139.35 in pre-market trading.
• Maxim Group downgraded The Cheesecake Factory Incorporated CAKE from Buy to Hold. Cheesecake Factory shares fell 0.69 percent to $59.42 in pre-market trading.

Top Initiations

• Credit Suisse initiated coverage on Sunlands Online Education Group STG with an Outperform rating. Sunlands Online Education shares closed at $8.91 on Thursday.
• Analysts at Benchmark initiated coverage on Micron Technology, Inc. MU with a Buy rating. The price target for Micron is set to $80. Micron closed at $59.44 on Thursday.
• B. Riley FBR initiated coverage on Cable One, Inc. CABO with a Buy rating. The price target for Cable One is set to $840. Cable One shares closed at $716.81 on Thursday.
• Roth Capital initiated coverage on Soleno Therapeutics, Inc. SLNO with a Buy rating. The price target for Soleno Therapeutics is set to $14. Soleno Therapeutics shares closed at $2.33 on Thursday.
• Analysts at Loop Capital initiated coverage on Broadcom Inc. AVGO with a Buy rating. The price target for Broadcom is set to $306. Broadcom closed at $259.65 on Thursday.
• Analysts at Oppenheimer initiated coverage on Alteryx, Inc. AYX with an Outperform rating. The price target for Alteryx is set to $48. Alteryx shares closed at $38.64 on Thursday.
• DA Davidson initiated coverage on Nice Ltd (ADR) NICE with a Neutral rating. The price target for Nice is set to $110. Nice shares closed at $108.39 on Thursday.
• Wedbush initiated coverage on The TJX Companies, Inc. TJX with a Neutral rating. The price target for TJX is set to $100. TJX closed at $96.29 on Thursday.
• Compass Point initiated coverage on Nasdaq, Inc. NDAQ with a Neutral rating. The price target for Nasdaq is set to $100. Nasdaq shares closed at $94.13 on Thursday.
• Analysts at Ladenburg Thalmann initiated coverage on Interpace Diagnostics Group, Inc. IDXG with a Buy rating. The price target for Interpace Diagnostics is set to $2.25. Interpace Diagnostics shares closed at $0.86 on Thursday.