Benzinga's Top Upgrades, Downgrades For November 14, 2018

Top Upgrades

• Analysts at Morgan Stanley upgraded TD Ameritrade Holding Corp. AMTD from Equal-Weight to Overweight. TD Ameritrade shares rose 0.31 percent to close at $51.77 on Tuesday.
• Baird upgraded Aramark ARMK from Neutral to Outperform. Aramark shares rose 2.46 percent to close at $35.44 on Tuesday.
• Buckingham upgraded Superior Industries International Inc SUP from Neutral to Buy. Superior Industries shares rose 3.8 percent to $9.03 in pre-market trading.
• JP Morgan upgraded Hollysys Automation Technologies Ltd HOLI from Neutral to Overweight. Hollysys Automation shares rose 11.2 percent to $20.60 in pre-market trading.
• Morgan Stanley upgraded Group 1 Automotive, Inc. GPI from Underweight to Equal-Weight. Group 1 Automotive shares rose 1.8 percent to $57.20 in pre-market trading.
• Goldman Sachs upgraded Micro Focus International PLC - ADR MFGP from Neutral to Buy. Micro Focus shares rose 9.7 percent to $18.38 in pre-market trading.
• Maxim Group initiated coverage on BWX Technologies Inc BWXT with a Buy rating. The price target for BWX Technologies is set to $60. BWX Technologies shares closed at $42.34 on Tuesday.
• Analysts at Jefferies initiated coverage on Avid Technology, Inc. AVID with a Hold rating. The price target for Avid Technology is set to $6. Avid Technology closed at $5.61 on Tuesday.
• Atlantic Equities upgraded Tapestry Inc TPR from Neutral to Overweight. Tapestry shares fell 0.41 percent to close at $41.10 on Tuesday.
• Deutsche Bank upgraded Qutoutiao Inc QTT from Hold to Buy. Qutoutiao shares rose 3.5 percent to $5.40 in pre-market trading.

Top Downgrades

• JP Morgan downgraded Kellogg Company K from Overweight to Neutral. Kellogg shares fell 0.9 percent to $62.88 in pre-market trading.
• Guggenheim downgraded Apple Inc. AAPL from Buy to Neutral. Apple shares rose 0.2 percent to $192.69 in pre-market trading.
• Morgan Stanley downgraded The Carlyle Group LP CG from Overweight to Equal-Weight. Carlyle shares fell 1.4 percent to $18.79 in pre-market trading.
• Edward Jones downgraded Edison International EIX from Hold to Sell. Edison shares fell 8.2 percent to $51.00 in pre-market trading.
• Edward Jones downgraded PG&E Corporation PCG from Hold to Sell. PG&E shares fell 16.8 percent to $27.21 in pre-market trading.
• JP Morgan downgraded Jounce Therapeutics Inc JNCE from Neutral to Underweight. Jounce Therapeutics shares dropped 3.6 percent to $4.24 in pre-market trading.
• Bernstein downgraded Conagra Brands Inc CAG from Market Perform to Underperform. Conagra shares fell 1.8 percent to $34.55 in pre-market trading.
• Bank of America downgraded RBC Bearings Incorporated ROLL from Buy to Neutral. RBC Bearings shares fell 1.74 percent to close at $154.46 on Tuesday.
• Mizuho downgraded Invitation Homes Inc INVH from Buy to Neutral. Invitation Homes shares fell 0.01 percent to $21.66 in pre-market trading.

Top Initiations

• BTIG Research initiated coverage on TrueCar Inc TRUE with a Buy rating. The price target for TrueCar is set to $13. TrueCar closed at $14.70 on Tuesday.
• Analysts at Buckingham initiated coverage on FMC Corp FMC with a Buy rating. FMC closed at $81.24 on Tuesday.
• Maxim Group initiated coverage on Moleculin Biotech Inc MBRX with a Buy rating. Moleculin Biotech shares closed at $1.35 on Tuesday.
• Goldman Sachs initiated coverage on S&P Global Inc SPGI with a Buy rating. The price target for S&P Global is set to $225. S&P Global shares closed at $180.07 on Tuesday.
• Cantor Fitzgerald initiated coverage on ProQR Therapeutics NV PRQR with an Overweight rating. The price target for ProQR Therapeutics is set to $40. ProQR Therapeutics shares closed at $18.67 on Tuesday.
• Analysts at BTIG Research initiated coverage on Mercadolibre Inc MELI with a Buy rating. The price target for Mercadolibre is set to $395. Mercadolibre closed at $327.94 on Tuesday.
• Goldman Sachs initiated coverage on Moody's Corporation MCO with a Neutral rating. The price target for Moody's is set to $165. Moody's shares closed at $148.06 on Tuesday.
• Analysts at BTIG Research initiated coverage on CarGurus Inc CARG with a Buy rating. The price target for CarGurus is set to $48. CarGurus shares closed at $41.60 on Tuesday.