Benzinga's Top Upgrades, Downgrades For October 5, 2018

Top Upgrades

• Piper Jaffray upgraded BJ's Restaurants, Inc. BJRI from Neutral to Overweight. BJ's Restaurants shares rose 2.01 percent to $67.60 in pre-market trading.
• JP Morgan upgraded Boston Properties, Inc. BXP from Neutral to Overweight. Boston Properties shares closed at $119.16 on Thursday.
• BMO Capital upgraded Eli Lilly And Co LLY from Market Perform to Outperform. Eli Lilly shares rose 1.12 percent to $114.25 in pre-market trading.
• JP Morgan upgraded Simon Property Group Inc SPG from Neutral to Overweight. Simon Property shares closed at $169.08 on Thursday.
• Piper Jaffray upgraded Fiesta Restaurant Group Inc FRGI from Underweight to Neutral. Fiesta Restaurant shares rose 2.01 percent to close at $25.87 on Thursday.

Top Downgrades

• Macquarie downgraded PepsiCo, Inc. PEP from Outperform to Neutral. PepsiCo shares fell 0.67 percent to $105.90 in pre-market trading.
• Nomura downgraded Commscope Holding Company Inc COMM from Buy to Neutral. CommScope shares rose 0.03 percent to $29.44 in pre-market trading.
• JP Morgan downgraded HCP, Inc. HCP from Overweight to Neutral. HCP shares closed at $25.32 on Thursday.
• Keefe Bruyette & Woods downgraded Malvern Bancorp Inc MLVF from Outperform to Market Perform. Malvern Bancorp shares fell 4.33 percent to close at $21.00 on Thursday.
• Bank of America downgraded Adamas Pharmaceuticals Inc ADMS from Buy to Neutral. Adamas Pharmaceuticals shares closed at $19.35 on Thursday.
• Mizuho downgraded Mylan NV MYL from Buy to Neutral. Mylan shares fell 1.61 percent to $35.45 in pre-market trading.
• UBS downgraded Hi-Crush Partners LP HCLP from Buy to Neutral. Hi-Crush Partners shares fell 0.83 percent to $10.70 in pre-market trading.
• Imperial Capital downgraded Shotspotter Inc SSTI from Outperform to In-Line. ShotSpotter shares rose 1.7 percent to close at $53.33 on Thursday.

Top Initiations

• Analysts at Berenberg initiated coverage on Electronic Arts Inc. EA with a Buy rating. The price target for Electronic Arts is set to $145. Electronic Arts shares closed at $114.01 on Thursday.
• Berenberg initiated coverage on Activision Blizzard, Inc. ATVI with a Hold rating. The price target for Activision is set to $80. Activision shares closed at $80.36 on Thursday.
• Wedbush initiated coverage on Roku Inc ROKU with a Neutral rating. The price target for Roku is set to $73. Roku shares closed at $66.82 on Thursday.
• RBC Capital initiated coverage on Carbonite Inc CARB with an Outperform rating. The price target for Carbonite is set to $42. Carbonite shares closed at $33.95 on Thursday.
• Analysts at Bernstein initiated coverage on Patterson-UTI Energy, Inc. PTEN with an Outperform rating. The price target for Patterson-UTI Energy is set to $21. Patterson-UTI Energy shares closed at $17.65 on Thursday.
• William Blair initiated coverage on QuinStreet Inc QNST with an Outperform rating. QuinStreet shares closed at $13.59 on Thursday.
• Deutsche Bank initiated Golden Entertainment Inc GDEN with a Buy rating. The price target for Golden Entertainment is set to $40. Golden Entertainment shares closed at $25.53 on Thursday.
• Analysts at CIBC initiated coverage on Encana Corp ECA with an Outperformer rating. Encana closed at $13.01 on Thursday.
• Raymond James initiated coverage on New Residential Investment Corp NRZ with an Outperform rating. The price target for New Residential Investment is set to $20. New Residential Investment shares closed at $17.65 on Thursday.
• Analysts at CIBC initiated coverage on Suncor Energy Inc. SU with an Outperformer rating. Suncor Energy closed at $40.00 on Thursday.