Benzinga's Top Upgrades, Downgrades For June 21, 2019

Top Upgrades

• Baird upgraded KeyCorp KEY from Neutral to Outperform. KeyCorp shares rose 0.8% to $17.01 in pre-market trading.
• Jefferies upgraded Catalent Inc CTLT from Hold to Buy. Catalent shares fell 0.6% to close at $50.28 on Thursday.
• Analysts at Goldman Sachs upgraded SeaWorld Entertainment Inc SEAS from Neutral to Buy. SeaWorld fell 0.4% to close at $29.20 on Thursday.
• Itau BBA upgraded Globant SA GLOB from Market Perform to Outperform. Globant shares rose 1.3% to close at $103.53 on Thursday.
• Analysts at Deutsche Bank upgraded Laboratory Corp. of America Holdings LH from Hold to Buy. Laboratory Corp shares rose 1.7% to $170.90 in pre-market trading.
• Mizuho upgraded Iqvia Holdings Inc IQV from Neutral to Buy. IQVIA rose 0.1% to close at $154.52 on Wednesday.
• Baird upgraded Crocs, Inc. CROX from Neutral to Outperform. Crocs rose 2.4% to $18.29 in pre-market trading.

Top Downgrades

• Gabelli & Co. downgraded Barnes & Noble, Inc. BKS from Buy to Hold. Barnes & Noble rose 0.9% to close at $6.71 on Thursday.
• Citigroup downgraded Avon Products, Inc. AVP from Buy to Neutral. Avon Products shares rose 0.8% to $4.01 in pre-market trading.
• Nomura downgraded Carnival Corp CCL from Buy to Neutral. Carnival shares fell 4.6% to $46.56 in pre-market trading.
• William Blair downgraded Red Hat Inc RHT from Outperform to Market Perform. Red Hat shares rose 0.1% to $188.30 in pre-market trading.
• Wedbush downgraded Tableau Software Inc DATA from Outperform to Neutral. Tableau Software shares rose 2% to close at $171.89 on Thursday.
• Credit Suisse downgraded AnaptysBio Inc ANAB from Outperform to Neutral. AnaptysBio shares fell 22.6% to $51.89 in pre-market trading.
• Berenberg downgraded Intersect ENT Inc XENT from Buy to Hold. Intersect ENT shares fell 2.2% to close at $23.62 on Thursday.

Top Initiations

• Craig-Hallum initiated coverage on Fastly Inc FSLY with a Buy rating. The price target for Fastly is set to $24. Fastly closed at $19.48 on Thursday.
• Analysts at Raymond James initiated coverage on Fiserv Inc FISV with an Outperform rating. The price target for Fiserv is set to $103. Fiserv shares closed at $91.69 on Thursday.
• Analysts at Longbow Research initiated coverage on Hewlett Packard Enterprise Co HPE with a Neutral rating. Hewlett Packard Enterprise shares closed at $15.00 on Thursday.
• Analysts at Stifel Nicolaus initiated coverage on Lovesac Co LOVE with a Buy rating. The price target for Lovesac is set to $38. Lovesac closed at $30.60 on Thursday.
• Nomura initiated coverage on Perficient, Inc. PRFT with a Buy rating. The price target for Perficient is set to $40. Perficient closed at $33.82 on Thursday.
• SVB Leerink initiated coverage on Axovant Gene Therapies Ltd AXGT with an Outperform rating. The price target for Axovant Gene Therapies is set to $18. Axovant Gene Therapies shares closed at $5.79 on Thursday.
• DA Davidson initiated coverage on Funko Inc FNKO with a Buy rating. The price target for Funko is set to $29. Funko shares closed at $24.25 on Thursday.
• Oppenheimer initiated coverage on Meet Group Inc MEET with an Outperform rating. Meet Group shares closed at $3.49 on Thursday.
• Analysts at Cantor Fitzgerald initiated coverage on Mustang Bio Inc MBIO with an Overweight rating. The price target for Mustang Bio is set to $7. Mustang Bio shares closed at $3.37 on Thursday.
• CL King initiated coverage on Entegris Inc ENTG with a Buy rating. The price target for Entegris is set to $44. Entegris shares closed at $38.50 on Thursday.