Benzinga's Top Upgrades, Downgrades For May 31, 2019

Top Upgrades

• Analysts at Bank of America upgraded STMicroelectronics NV STM from Neutral to Buy. STMicroelectronics shares fell 1.3 percent to $14.92 in pre-market trading.
• Atlantic Equities upgraded Uber Technologies Inc UBER from Neutral to Overweight. Uber shares rose 1.5 percent to $40.40 in pre-market trading.
• Analysts at Goldman Sachs upgraded Canada Goose Holdings Inc GOOS from Neutral to Buy. Canada Goose rose 0.2 percent to $35.50 in pre-market trading.
• Wells Fargo upgraded Molina Healthcare, Inc. MOH from Market Perform to Outperform. Molina Healthcare shares rose 2.8 percent to close at $134.77 on Thursday.
• Goldman Sachs upgraded SINA Corp SINA from Neutral to Buy. SINA shares rose 1.4 percent to close at $40.88 on Thursday.
• Piper Jaffray upgraded Kraft Heinz Co KHC from Underweight to Neutral. Kraft Heinz fell 0.4 percent to $27.30 in pre-market trading.
• SunTrust Robinson Humphrey upgraded PolyOne Corporation POL from Hold to Buy. PolyOne rose 0.8 percent to $25.60 in pre-market trading.
• Buckingham Research upgraded Employers Holdings, Inc. EIG from Underperform to Neutral. Employers Holdings fell 0.1 percent to close at $41.16 on Wednesday.
• Analysts at Wedbush upgraded Century Communities Inc CCS from Neutral to Outperform. Century Communities shares fell 0.5 percent to close at $26.58 on Thursday.
• BTIG upgraded CBL & Associates Properties, Inc. CBL from Sell to Neutral. CBL & Associates shares fell 1.2 percent to $0.82 in pre-market trading.

Top Downgrades

• Evercore ISI Group downgraded PACCAR Inc PCAR from Outperform to In-Line. PACCAR shares rose 0.8 percent to close at $68.04 on Thursday.
• Needham downgraded Zuora Inc ZUO from Strong Buy to Buy. Zuora shares fell 32 percent to $13.55 in pre-market trading.
• Deutsche Bank downgraded J.Jill Inc JILL from Buy to Hold. J.Jill shares fell 1.8 percent to $1.65 in pre-market trading.
• Piper Jaffray downgraded Nutanix Inc NTNX from Overweight to Neutral. Nutanix fell 21.2 percent to $25.75 in pre-market trading.
• Evercore ISI Group downgraded Oshkosh Corp OSK from Outperform to In-Line. Oshkosh shares rose 0.6 percent to $75.57 in pre-market trading.
• Piper Jaffray downgraded Mallinckrodt PLC MNK from Overweight to Neutral. Mallinckrodt shares fell 3.1 percent to $8.77 in pre-market trading.
• Evercore ISI Group downgraded Cummins Inc. CMI from Outperform to In-Line. Cummins shares rose 0.4 percent to close at $158.53 on Thursday.

Top Initiations

• Analysts at Longbow Research initiated coverage on Lithia Motors Inc LAD with a Buy rating. The price target for Lithia Motors is set to $132. Lithia Motors closed at $116.27 on Thursday.
• Analysts at Loop Capital initiated coverage on Expeditors International of Washington EXPD with a Hold rating. The price target for Expeditors International is set to $78. Expeditors International shares closed at $70.30 on Thursday.
• Susquehanna initiated coverage on Fidelity National Information Servcs Inc FIS with a Positive rating. The price target for Fidelity National Information is set to $140. Fidelity National Information shares closed at $119.55 on Thursday.
• Evercore ISI Group initiated coverage on Twist Bioscience Corp TWST with an Outperform rating. Twist Bioscience shares closed at $26.66 on Thursday.
• H.C. Wainwright initiated coverage on Minerva Neurosciences Inc NERV with a Buy rating. The price target for Minerva Neurosciences is set to $22. Minerva Neurosciences shares closed at $4.94 on Thursday.
• Analysts at Piper Jaffray initiated coverage on Waitr Holdings Inc WTRH with an Overweight rating. The price target for Waitr Holdings is set to $11. Waitr Holdings shares closed at $6.74 on Thursday.
• Jefferies initiated coverage on Upland Software Inc UPLD with a Buy rating. The price target for Upland Software is set to $61. Upland Software closed at $48.10 on Thursday.
• Stifel initiated coverage on Rogers Corporation ROG with a Buy rating. The price target for Rogers is set to $200. Rogers shares closed at $139.61 on Thursday.
• Analysts at Guggenheim initiated coverage on Fate Therapeutics Inc FATE with a Buy rating. The price target for Fate Therapeutics is set to $25. Fate Therapeutics shares closed at $19.94 on Thursday.
• Stephens & Co. initiated coverage on Genuine Parts Company GPC with an Overweight rating. The price target for Genuine Parts is set to $114. Genuine Parts shares closed at $98.90 on Thursday.