Benzinga's Top Upgrades, Downgrades For December 7, 2018

Top Upgrades

• Jefferies upgraded Tesla Inc TSLA from Hold to Buy. Tesla shares rose 1.8 percent to $369.73 in pre-market trading.
• Barclays upgraded FactSet Research Systems Inc. FDS from Underweight to Equal-Weight. FactSet shares fell 0.9 percent to $224.49 in pre-market trading.
• Baird upgraded Diplomat Pharmacy Inc DPLO from Underperform to Neutral. Diplomat Pharmacy shares rose 0.8 percent to $15.04 in pre-market trading.
• Barclays upgraded Msci Inc MSCI from Equal-Weight to Overweight. MSCI shares fell 0.01 percent to $152.30 in pre-market trading.
• Guggenheim upgraded National Beverage Corp. FIZZ from Sell to Neutral. National Beverage fell 0.4 percent to $84.00 in pre-market trading.
• Analysts at JP Morgan upgraded EOG Resources Inc EOG from Neutral to Overweight. EOG Resources shares rose 0.1 percent to $102.20 in pre-market trading.
• Itau BBA upgraded Credicorp Ltd. BAP from Market Perform to Outperform. Credicorp shares fell 1.1 percent to $219.56 in pre-market trading.

Top Downgrades

• Goldman Sachs downgraded Expeditors International of Washington EXPD from Neutral to Sell. Expeditors shares fell 2.6 percent to $72.40 in pre-market trading.
• Morgan Stanley downgraded RYB Education Inc - ADR RYB from Overweight to Equal-Weight. RYB Education shares fell 2 percent to $7.00 in pre-market trading.
• Jefferies downgraded Trinseo S.A. TSE from Buy to Hold. Trinseo shares rose 0.71 percent to close at $49.65 on Thursday.
• RBC Capital downgraded Secureworks Corp SCWX from Outperform to Sector Perform. SecureWorks shares rose 1.8 percent to $17.41 in pre-market trading.
• Morgan Stanley downgraded Momo Inc MOMO from Overweight to Equal-Weight. Momo shares fell 1.3 percent to $26.70 in pre-market trading.
• JP Morgan downgraded Devon Energy Corp DVN from Overweight to Neutral. Devon Energy shares fell 0.5 percent to $27.60 in pre-market trading.
• Barclays downgraded EQM Midstream Partners LP EQM from Overweight to Equal-Weight. EQM Midstream Partners shares fell 1.03 percent to close at $46.12 on Thursday.
• JP Morgan downgraded Chesapeake Energy Corporation CHK from Neutral to Underweight. Chesapeake Energy shares fell 6.04 percent to close at $2.72 on Thursday.

Top Initiations

• Analysts at Wedbush initiated coverage on Zendesk Inc ZEN with an Outperform rating. The price target for Zendesk is set to $71. Zendesk shares closed at $59.88 on Thursday.
• Oppenheimer initiated coverage on Par Pacific Holdings Inc PARR with an Outperform rating. The price target for Par Pacific is set to $22. Par Pacific shares closed at $16.96 on Thursday.
• Wedbush initiated coverage on Mimecast Ltd MIME with a Neutral rating. The price target for Mimecast is set to $40. Mimecast shares closed at $36.68 on Thursday.
• Citigroup initiated coverage on FGL Holdings FG with a Neutral rating. The price target for FGL Holdings is set to $8.50. FGL Holdings shares closed at $7.15 on Thursday.
• Wedbush initiated coverage on Alteryx Inc AYX with an Outperform rating. The price target for Alteryx is set to $72. Alteryx shares closed at $59.85 on Thursday.