Benzinga's Top Upgrades, Downgrades For September 20, 2018

Top Upgrades

• RBC Capital upgraded Helmerich & Payne, Inc. HP from Sector Perform to Outperform. Helmerich & Payne shares rose 0.24 percent to close at $66.03 on Wednesday.
• Baird upgraded Caterpillar Inc. CAT from Neutral to Outperform. Caterpillar shares rose 1.47 percent to $155.01 in pre-market trading.
• Bank of America upgraded First Bancorp FBP from Neutral to Buy. First BanCorp shares rose 2.44 percent to $8.83 in pre-market trading.
• Macquarie upgraded Viacom, Inc. VIAB from Neutral to Outperform. Viacom shares climbed 1.72 percent to close at $30.73 on Wednesday.
• RBC Capital upgraded Transocean LTD RIG from Sector Perform to Outperform. Transocean shares rose 2.51 percent to $12.67 in pre-market trading.
• Piper Jaffray upgraded Ralph Lauren Corp RL from Underweight to Neutral. Ralph Lauren shares fell 0.43 percent to $133.55 in pre-market trading.
• B. Riley FBR upgraded Range Resources Corp. RRC from Neutral to Buy. Range Resources shares rose 0.58 percent to $17.29 in pre-market trading.
• Macquarie upgraded Interpublic Group of Companies Inc IPG from Neutral to Outperform. Interpublic Group shares rose 0.05 percent to close at $22.36 on Wednesday.
• Analysts at Baird upgraded Manitowoc Company Inc MTW from Neutral to Outperform. Manitowoc shares rose 4.24 percent to $25.54 in pre-market trading.

Top Downgrades

• RBC Capital downgraded ConocoPhillips COP from Outperform to Sector Perform. ConocoPhillips shares fell 0.5 percent to $75.15 in pre-market trading.
• Wedbush downgraded William Lyon Homes WLH from Outperform to Neutral. William Lyon Homes shares fell 3.42 percent to close at $18.65 on Wednesday.
• Piper Jaffray downgraded Stitch Fix Inc SFIX from Overweight to Neutral. Stitch Fix shares fell 3.46 percent to $45.48 in pre-market trading.
• RBC Capital downgraded U.S. Silica Holdings Inc SLCA from Outperform to Sector Perform. US Silica shares fell 1.22 percent to $20.25 in pre-market trading.
• Cowen & Co. downgraded Skechers USA Inc SKX from Outperform to Market Perform. Skechers shares fell 3.2 percent to $26.95 in pre-market trading.
• Morgan Stanley downgraded Bruker Corporation BRKR from Equal-Weight to Underweight. Bruker shares fell 0.03 percent to close at $34.89 on Wednesday.
• Bank of America downgraded Fortinet Inc FTNT from Buy to Neutral. Fortinet shares closed at $85.83 on Wednesday.

Top Initiations

• Craig-Hallum initiated coverage on Tandem Diabetes Care Inc TNDM with a Buy rating. The price target for Tandem Diabetes Care is set to $52. Tandem Diabetes Care shares closed at $39.95 on Wednesday.
• Seaport Global initiated coverage on Rosehill Resources Inc ROSE with a Buy rating. The price target for Rosehill Resources is set to $12. Rosehill Resources shares closed at $8.45 on Wednesday.
• Morgan Stanley initiated Bio-Rad Laboratories, Inc. BIO with an Equal-Weight rating. The price target for Bio-Rad Laboratories is set to $335. Bio-Rad Laboratories shares closed at $298.47 on Wednesday.
• Atlantic Equities initiated coverage on Procter & Gamble Co PG with an Overweight rating. The price target for Procter & Gamble is set to $94. Procter & Gamble shares closed at $84.00 on Wednesday.
• H.C. Wainwright initiated coverage on Westport Fuel Systems Inc WPRT with a Buy rating. The price target for Westport Fuel is set to $6. Westport Fuel shares closed at $3.16 on Wednesday.
• BMO Capital initiated coverage on Brookfield Asset Management Inc BAM with an Outperform rating. The price target for Brookfield Asset Management is set to $54. Brookfield Asset Management shares closed at $42.49 on Wednesday.
• Atlantic Equities initiated coverage on Kimberly Clark Corp KMB with an Underweight rating. The price target for Kimberly-Clark is set to $114. Kimberly-Clark shares closed at $116.15 on Wednesday.
• Analysts at Seaport Global initiated coverage on Legacy Reserves LP LGCY with a Neutral rating. The price target for Legacy Reserves is set to $5. Legacy Reserves shares closed at $4.84 on Wednesday.