Benzinga's Top Upgrades, Downgrades For April 15, 2019

Top Upgrades

• Analysts at Macquarie upgraded Pioneer Natural Resources PXD from Neutral to Outperform. Pioneer Natural shares fell 0.01 percent to close at $168.32 on Friday.
• SunTrust Robinson Humphrey upgraded Chemours Co CC from Hold to Buy. Chemours shares closed at $39.66 on Friday.
• Nomura upgraded Dow Inc DOW from Neutral to Buy. Dow shares rose 0.7 percent to $58.70 in pre-market trading.
• Citigroup upgraded Franklin Resources, Inc. BEN from Sell to Neutral. Franklin Resources shares closed at $35.46 on Thursday.
• Goldman Sachs upgraded China Telecom Corporation Limited CHA from Neutral to Buy. China Telecom shares closed at $53.90 on Friday.
• Analysts at Stifel Nicolaus upgraded Gaming and Leisure Properties Inc GLPI from Hold to Buy. Gaming and Leisure Props shares closed at $39.53 on Friday.
• Bank of America upgraded Pinnacle West Capital Corporation PNW from Neutral to Buy. Pinnacle West Capital shares closed at $95.31 on Friday.
• Nomura upgraded LyondellBasell Industries NV LYB from Neutral to Buy. LyondellBasell shares closed at $92.29 on Friday.
• Analysts at Longbow Research upgraded Western Digital Corp WDC from Neutral to Buy. Western Digital gained 1.6 percent to $52.66 in pre-market trading.
• Nomura upgraded Huntsman Corporation HUN from Neutral to Buy. Huntsman shares rose 1.4 percent to $25.10 in pre-market trading.

Top Downgrades

• Buckingham downgraded Wells Fargo & Co WFC from Buy to Neutral. Wells Fargo shares fell 1.5 to $45.79 in pre-market trading.
• Oppenheimer downgraded CVS Health Corp CVS from Outperform to Perform. CVS shares gained 1.4 percent to $53.56 in pre-market trading.
• Stephens & Co. downgraded Alliance Data Systems Corporation ADS from Equal-Weight to Underweight. Alliance Data shares fell 4.4 percent to $173.00 in pre-market trading.
• RBC Capital downgraded Anadarko Petroleum Corporation APC from Outperform to Sector Perform. Anadarko Petroleum shares rose 0.6 percent to $62.16 in pre-market trading.
• Longbow Research downgraded Floor & Decor Holdings Inc FND from Buy to Neutral. Floor & Decor shares fell 0.04 percent to close at $46.51 on Thursday.
• Morgan Stanley downgraded Infosys Ltd ADR INFY from Overweight to Equal-Weight. Infosys shares rose 0.7 percent to $10.62 in pre-market trading.
• Goldman Sachs downgraded Nokia Oyj NOK from Neutral to Sell. Nokia shares fell 3.7 percent to $5.72 in pre-market trading.
• Deutsche Bank downgraded Celanese Corporation CE from Buy to Hold. Celanese shares closed at $105.30 on Friday.
• Jefferies downgraded Phillips 66 PSX from Buy to Hold. Phillips 66 shares fell 0.2 percent to $96.98 in pre-market trading.
• Buckingham downgraded Carnival Corp CCL from Buy to Neutral. Carnival shares fell 0.5 percent to $53.30 in pre-market trading.

Top Initiations

• Jefferies initiated coverage on Allergan plc AGN with a Hold rating. Allergan shares closed at $144.95 on Friday.
• Analysts at Sandler O'Neill initiated coverage on Spirit of Texas Bancshares Inc STXB with a Buy rating. Spirit of Texas Bancshares closed at $21.32 on Friday.
• KeyBanc initiated coverage on ArcelorMittal SA MT with a Sector Weight rating. ArcelorMittal shares closed at $22.57 on Friday.
• DA Davidson initiated coverage on Pinterest PINS with a Neutral rating.
• Analysts at Rosenblatt initiated coverage on Tradeweb Markets Inc TW with a Buy rating. The price target for Tradeweb Markets is set to $45. Tradeweb Markets shares closed at $41.87 on Friday.
• Telsey Advisory Group initiated coverage on Levi Strauss & Co. LEVI with an Outperform rating. The price target for Levi Strauss is set to $28. Levi Strauss shares closed at $22.45 on Friday.
• PiperJaffray initiated coverage on US Well Services Inc USWS with an Overweight rating. US Well Services shares closed at $7.90 on Friday.
• Credit Suisse initiated coverage on WellCare Health Plans, Inc. WCG with a Neutral rating. The price target for WellCare Health is set to $307. WellCare Health shares closed at $270.34 on Friday.
• Analysts at William Blair initiated coverage on Medidata Solutions Inc MDSO with an Outperform rating. Medidata Solutions shares closed at $74.93 on Friday.
• Analysts at SVB Leerink initiated coverage on Tocagen Inc TOCA with Market Perform rating. The price target for Tocagen is set to $11. Tocagen shares closed at $10.26 on Friday.