Benzinga's Top Upgrades, Downgrades For August 15, 2018

Top Upgrades

• Wells Fargo upgraded NVIDIA Corporation NVDA from Underperform to Outperform. NVIDIA shares rose 2.07 percent to close at $261.43 on Tuesday.
• Analysts at Morgan Stanley upgraded Chipotle Mexican Grill, Inc. CMG from Equal-Weight to Overweight. Chipotle shares rose 2.27 percent to $504.50 in pre-market trading.
• RBC Capital upgraded Incyte Corporation INCY from Sector Perform to Outperform. Incyte shares rose 0.75 percent to $66.95 in pre-market trading.
• H.C. Wainwright upgraded Dicerna Pharmaceuticals Inc DRNA from Neutral to Buy. Dicerna Pharmaceuticals shares rose 1.35 percent to $15.02 in pre-market trading.
• Stifel Nicolaus upgraded Papa John's Int'l, Inc. PZZA from Sell to Hold. Papa John's shares rose 0.02 percent to $43.01 in pre-market trading.
• MKM Partners upgraded Hasbro, Inc. HAS from Neutral to Buy. Hasbro shares rose 0.55 percent to $98.67 in pre-market trading.
• Deutsche Bank upgraded Norfolk Southern Corp. NSC from Hold to Buy. Norfolk Southern shares rose 0.63 percent to close at $172.19 on Tuesday.
• Credit Suisse upgraded Brighthouse Financial Inc BHF from Underperform to Neutral. Brighthouse Financial shares rose 3.37 percent to close at $41.09 on Friday.
• Stephens & Co. upgraded AutoZone, Inc. AZO from Equal-Weight to Overweight. AutoZone shares climbed 0.12 percent to $755.74 in pre-market trading.
• Cowen & Co. upgraded Columbia Sportswear Company COLM from Market Perform to Outperform. Columbia Sportswear shares rose 0.89 percent to $91.08 in pre-market trading.

Top Downgrades

• Cowen & Co. downgraded Western Digital Corp WDC from Outperform to Market Perform. Western Digital shares fell 2.14 percent to $63.60 in pre-market trading.
• Deutsche Bank downgraded Union Pacific Corporation UNP from Buy to Hold. Union Pacific shares fell 1.13 percent to $148.50 in pre-market trading.
• Pivotal Research downgraded Nielsen Holdings PLC NLSN from Buy to Hold. Nielsen shares fell 0.92 percent to $25.81 in pre-market trading.
• Johnson Rice downgraded Matador Resources Co MTDR from Buy to Accumulate. Matador Resources shares fell 0.63 percent to $31.45 in pre-market trading.
• Morgan Stanley downgraded Schnitzer Steel Industries, Inc. SCHN from Equal-Weight to Underweight. Schnitzer Steel shares fell 2.25 percent to close at $28.25 on Tuesday.
• B. Riley FBR downgraded Marcus Corp MCS from Buy to Neutral. Marcus shares rose 2.68 percent to close at $40.20 on Tuesday.
• Maxim Group downgraded Cytori Therapeutics Inc CYTX from Buy to Hold. Cytori Therapeutics shares fell 9.80 percent to $0.36 in pre-market trading.
• Macquarie downgraded Casa Systems Inc CASA from Outperform to Neutral. Casa Systems shares fell 25.8 percent to $11.58 in pre-market trading.
• Baird downgraded AvalonBay Communities Inc AVB from Outperform to Neutral. AvalonBay Communities shares rose 0.54 percent to close at $ 178.63 on Tuesday.
• RBC Capital downgraded Intercept Pharmaceuticals Inc ICPT from Outperform to Sector Perform. Intercept Pharmaceuticals shares fell 2.88 percent to $108.44 in pre-market trading.

Top Initiations

• Barclays initiated DTE Energy Co DTE with a Equal-Weight rating. The price target for DTE Energy is set to $116. DTE Energy shares closed at $111.04 on Tuesday.
• Analysts at Baird initiated coverage on Tellurian Inc TELL with an Outperform rating. The price target for Tellurian is set to $15. Tellurian shares closed at $7.10 on Tuesday.
• William Blair initiated coverage on Cision Ltd CISN with an Outperform rating. Cision shares closed at $16.26 on Tuesday.
• Analysts at Stifel Nicolaus initiated coverage on GW Pharmaceuticals PLC- ADR GWPH with a Buy rating. The price target for GW Pharmaceuticals is set to $181. GW Pharmaceuticals shares closed at $133.48 on Tuesday.
• Credit Suisse assumed coverage on Corvus Pharmaceuticals Inc CRVS with an Outperform rating. The price target for Corvus Pharmaceuticals is set to $15. Corvus Pharmaceuticals closed at $9.11 on Tuesday.
• Barclays initiated coverage on CMS Energy Corporation CMS with an Equal-Weight rating. The price target for CMS Energy is set to $51. CMS Energy shares closed at $48.80 on Tuesday.