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

Top Upgrades

• Macquarie upgraded Wells Fargo & Co WFC from Neutral to Outperform. Wells Fargo shares rose 0.27 percent to $52.25 in pre-market trading.
• Evercore ISI Group upgraded Mcdonald's Corp MCD from In-Line to Outperform. McDonald's shares rose 0.71 percent to $164.99 in pre-market trading.
• JP Morgan upgraded Ralph Lauren Corp RL from Neutral to Overweight. Ralph Lauren shares rose 0.86 percent to $122.46 in pre-market trading.
• Wedbush upgraded American Eagle Outfitters AEO from Neutral to Outperform. American Eagle shares rose 2.41 percent to close at $21.27 on Friday.
• BMO Capital upgraded Marathon Oil Corporation MRO from Market Perform to Outperform. Marathon Oil shares rose 0.44 percent to $20.61 in pre-market trading.
• Wedbush upgraded Lululemon Athletica inc. LULU from Neutral to Outperform. Lululemon shares rose 1.25 percent to $145.50 in pre-market trading.
• Jefferies upgraded AcelRx Pharmaceuticals Inc ACRX from Hold to Buy. AcelRx Pharmaceuticals shares rose 22.61 percent to $4.88 in pre-market trading.
• H.C. Wainwright upgraded Vascular Biogenics Ltd VBLT from Neutral to Buy. Vascular Biogenics shares fell 0.7 percent to close at $1.42 on Friday.
• Analysts at Barclays upgraded Activision Blizzard, Inc. ATVI from Equal-Weight to Overweight. Activision shares rose 1.36 percent to $78.98 in pre-market trading.
• Jefferies upgraded Oasis Petroleum Inc. OAS from Hold to Buy. Oasis Petroleum shares rose 3.51 percent to close at $12.39 on Friday.

Top Downgrades

• Credit Suisse downgraded Nucor Corporation NUE from Outperform to Neutral. Nucor shares fell 1.25 percent to $60.05 in pre-market trading.
• Cowen & Co. downgraded Rockwell Automation ROK from Market Perform to Underperform. Rockwell shares gained 1.28 percent to close at $172.79 on Friday.
• Evercore ISI Group downgraded Monster Beverage Corp MNST from Outperform to In-Line. Monster Beverage shares fell 1.63 percent to $52.42 in pre-market trading.
• Needham downgraded Corium International Inc CORI from Buy to Hold. Corium shares rose 52.83 percent to close at $12.70 on Friday.
• Raymond James downgraded ARRIS International plc ARRS from Strong Buy to Outperform. ARRIS shares rose 1.23 percent to close at $23.13 on Friday.
• Morgan Stanley downgraded Delphi Technologies PLC DLPH from Overweight to Equal-Weight. Delphi shares dropped 0.81 percent to close at $23.34 on Friday.
• KeyBanc downgraded Imperva Inc IMPV from Overweight to Sector Weight. Imperva shares rose 0.13 percent to close at $55.36 on Friday.
• Credit Suisse downgraded Steel Dynamics, Inc. STLD from Outperform to Neutral. Steel Dynamics shares rose 0.14 percent to close at $42.39 on Friday.
• Baird downgraded Simpson Manufacturing Co, Inc. SSD from Outperform to Neutral. Simpson Manufacturing shares fell 0.73 percent to close at $66.78 on Friday.
• Cowen & Co. downgraded Parker-Hannifin Corp PH from Market Perform to Underperform. Parker Hannifin shares rose 1.03 percent to close at $167.30 on Friday.

Top Initiations

• Morgan Stanley initiated coverage on Elanco Animal Health Inc ELAN with an Equal-Weight rating. Elanco Animal Health shares closed at $32.58 on Friday.
• Analysts at Jefferies initiated coverage on CalAmp Corp. CAMP with a Hold rating. The price target for CalAmp is set to $22. CalAmp shares closed at $19.44 on Friday.
• Analysts at JP Morgan initiated coverage on Eventbrite Inc EB with a Neutral rating. The price target for Eventbrite is set to $31. Eventbrite shares closed at $28.00 on Friday.
• Analysts at Morgan Stanley initiated coverage on X Financial XYF with an Equal-Weight rating. X Financial closed at $9.24 on Friday.