Benzinga's Top Upgrades, Downgrades For June 27, 2019

Top Upgrades

• Bank of America upgraded Owens Corning OC from Neutral to Buy. Owens-Corning shares rose 0.1% to $54.61 in pre-market trading.
• Rosenblatt upgraded Applied Optoelectronics Inc AAOI from Sell to Neutral. Applied Optoelectronics rose 14.7% to $10.88 in pre-market trading.
• Analysts at KeyBanc upgraded KB Home KBH from Sector Weight to Overweight. KB Home rose 6.4% to $25.02 in pre-market trading.
• Analysts at Wells Fargo upgraded DiamondRock Hospitality Company DRH from Underperform to Market Perform. Diamondrock Hospitality shares fell 0.5% to $9.93 in pre-market trading.
• BMO Capital upgraded AngloGold Ashanti Limited AU from Market Perform to Outperform. Anglogold Ashanti shares rose 2.6% to $17.72 in pre-market trading.
• Wells Fargo upgraded Centurylink Inc CTL from Market Perform to Outperform. CenturyLink shares rose 2.7% to $11.20 in pre-market trading.
• Deutsche Bank upgraded Arch Capital Group Ltd. ACGL from Hold to Buy. Arch Capital shares rose 0.2% to $35.35 in pre-market trading.
• JP Morgan upgraded Grifols, S.A. GRFS from Neutral to Overweight. Grifols rose 1% to $20.09 in pre-market trading.

Top Downgrades

• Goldman Sachs downgraded Ross Stores, Inc. ROST from Neutral to Sell. Ross Stores shares fell 2.4% to $99.99 in pre-market trading.
• Wells Fargo downgraded Patterson-UTI Energy, Inc. PTEN from Outperform to Market Perform. Patterson-UTI Energy rose 2.7% to close at $12.14 on Wednesday.
• Deutsche Bank downgraded W. R. Berkley Corp WRB from Hold to Sell. WR Berkley shares rose 1% to $65.71 in pre-market trading.
• Northcoast Research downgraded Brunswick Corporation BC from Buy to Neutral. Brunswick shares rose 0.4% to close at $45.31 on Wednesday.
• National Bank Financial downgraded Canadian Pacific Railway Ltd CP from Outperform to Sector Perform. Canadian Pacific Railway shares fell 0.4% to close at $233.71 on Wednesday.
• Goldman Sachs downgraded Nordstrom, Inc. JWN from Neutral to Sell. Nordstrom shares fell 3% to $31.25 in pre-market trading.
• Deutsche Bank downgraded Travelers Companies Inc TRV from Hold to Sell. Travelers shares fell 1.1% to $147.11 in pre-market trading.
• KeyBanc downgraded Lincoln Electric Holdings, Inc. LECO from Overweight to Sector Weight. Lincoln Electric shares fell 0.1% to close at $80.13 on Wednesday.
• UBS downgraded Grupo Aeroportr dl Pcfco SAB de CV PAC from Neutral to Sell. Grupo Aeroportr dl Pcfco shares rose 0.7% to close at $108.36 on Wednesday.
• Goldman Sachs downgraded FactSet Research Systems Inc. FDS from Neutral to Sell. FactSet Research shares fell 3.2% to $280.00 in pre-market trading.

Top Initiations

• Gabelli & Co. initiated coverage on Schlumberger Limited SLB with a Buy rating. The price target for Schlumberger is set to $55. Schlumberger closed at $39.02 on Wednesday.
• Analysts at Wedbush initiated coverage on NVIDIA Corporation NVDA with an Outperform rating. The price target for NVIDIA is set to $184. NVIDIA shares closed at $159.26 on Wednesday.
• Analysts at Raymond James initiated coverage on Planet Fitness Inc PLNT with an Outperform rating. The price target for Planet Fitness is set to $80. Planet Fitness closed at $71.65 on Wednesday.
• Analysts at Canaccord Genuity initiated coverage on Digital Turbine Inc APPS with a Buy rating. The price target for Digital Turbine is set to $6. Digital Turbine shares closed at $4.68 on Wednesday.
• Morgan Stanley initiated coverage on Chart Industries, Inc. GTLS with an Overweight rating. The price target for Chart Industries is set to $90. Chart Industries shares closed at $71.91 on Wednesday.
• Credit Suisse initiated coverage on Aptiv PLC APTV with an Outperform rating. Aptiv shares closed at $78.92 on Wednesday.
• Wedbush initiated coverage on Intel Corporation INTC with an Underperform rating. The price target for Intel is set to $37.5. Intel shares closed at $48.19 on Wednesday.
• Analysts at BMO Capital initiated coverage on Encompass Health Corp EHC with an Outperform rating. The price target for Encompass Health is set to $72. Encompass Health shares closed at $60.94 on Wednesday.
• Goldman Sachs initiated coverage on Nomad Foods Ltd NOMD with a Buy rating. The price target for Nomad Foods is set to $25. Nomad Foods closed at $20.34 on Wednesday.
• Credit Suisse initiated coverage on General Motors Company GM with an Outperform rating. The price target for GM is set to $48. General Motors shares closed at $38.13 on Wednesday.