Benzinga's Top Upgrades, Downgrades For June 21, 2017

Top Upgrades

• Analysts at Wells Fargo upgraded CDK Global Inc CDK from Market Perform to Outperform. CDK Global shares fell 0.27 percent to close at $62.14 on Tuesday.
• UBS upgraded AGCO Corporation AGCO from Sell to Neutral. AGCO shares declined 1.30 percent to close at $66.92 on Tuesday.
• Argus upgraded ONEOK, Inc. OKE from Hold to Buy. ONEOK shares dropped 5.40 percent to close at $47.50 on Tuesday.
• Analysts at Barclays upgraded Weatherford International Plc WFT from Equalweight to Overweight. Weatherford shares gained 1.22 percent to $4.15 in pre-market trading.
• Stifel upgraded Red Hat Inc RHT from Hold to Buy. Red Hat shares gained 9.49 percent to $98.50 in pre-market trading.
• Pacific Crest upgraded Paypal Holdings Inc PYPL from Sector Weight to Overweight. PayPal shares rose 1.10 percent to $53.10 in pre-market trading.
• Analysts at Morgan Stanley upgraded Marathon Oil Corporation MRO from Overweight to Equalweight. Marathon Oil shares slipped 0.08 percent to $12.05 in pre-market trading.
• Analysts at Stifel upgraded VMware, Inc. VMW from Hold to Buy. VMware shares gained 1.13 percent to $89.22 in pre-market trading.

Top Downgrades

• Seaport Global downgraded Apache Corporation APA from Buy to Neutral. Apache shares fell 4.22 percent to close at $47.72 on Tuesday.
• Analysts at Mitsubishi UFJ downgraded Rice Midstream Partners LP RMP from Overweight to Neutral. Rice Midstream Partners y shares rose 0.67 percent to close at $17.92 on Tuesday.
• Bank of America downgraded Intel Corporation INTC from Buy to Neutral. Intel shares slipped 1.32 percent to $34.40 in pre-market trading.
• Macquarie downgraded Chesapeake Energy Corporation CHK from Neutral to Underperform. Chesapeake Energy shares dropped 1.60 percent to close at $4.91 on Tuesday.
• Janney Capital downgraded Aon plc Class A Ordinary Shares (UK) AON from Buy to Neutral. Aon shares fell 0.48 percent to close at $136.15 on Tuesday.
• Bank of America downgraded Axalta Coating Systems Ltd AXTA from Buy to Underperform. Axalta Coating shares fell 0.54 percent to close at $ 33.43 on Tuesday.
• Citigroup downgraded Target Corporation TGT from Buy to Neutral. Target shares declined 0.81 percent to $50.50 in pre-market trading.
• Macquarie downgraded Whiting Petroleum Corp WLL from Outperform to Neutral. Whiting Petroleum shares rose 0.18 percent to $5.71 in pre-market trading.
• Evercore ISI Group downgraded Lennar Corporation LEN from Outperform to In-Line.Lennar shares declined 0.50 percent to $53.60 in pre-market trading.
• Analysts at Seaport Global downgraded Marathon Oil Corporation MRO from Neutral to Sell. Marathon Oil shares gained 0.50 percent to $12.12 in pre-market trading.

Top Initiations

• DA Davidson initiated coverage on Financial Engines Inc FNGN with a Buy rating. The price target for Financial Engines is set to $44. Financial Engines shares closed at $38.65 on Tuesday.
• BMO Capital initiated coverage of Xylem Inc XYL with an Outperform rating. The price target for Xylem is set to $60. Xylem shares closed at $53.88 on Tuesday.
• Mitsubishi UFJ initiated coverage on Ventas, Inc. VTR with a Neutral rating. The price target for Ventas is set to $67. Ventas shares closed at $70.34 on Tuesday.
• DA Davidson initiated coverage on DST Systems, Inc. DST with a Buy rating. The price target for DST Systems is set to $72. DST Systems shares closed at $60.68 on Tuesday.
• Analysts at BMO Capital initiated coverage on Camping World Holdings Inc CWH with an Outperform rating. The price target for Camping World is set to $36. Camping World shares closed at $28.98 on Tuesday.
• Northland Capital Markets initiated coverage on Obalon Therapeutics Inc OBLN with an Underperform rating. The price target for Obalon Therapeutics is set to $6. Obalon Therapeutics shares closed at $10.96 on Tuesday.
• Analysts at Guggenheim initiated coverage of General Motors Company GM with a Neutral rating.The price target for General Motors is set to $37. General Motors shares closed at $34.40 on Tuesday.
• Analysts at William Blair initiated coverage on Lendingtree Inc TREE with an Outperform rating.Lendingtree shares closed at $173.30 on Tuesday.
• Analysts at BTIG Research initiated coverage on Orthofix International NV OFIX with a Buy rating.The price target for Orthofix is set to $52. Orthofix shares closed at $45.12 on Tuesday.
• Analysts at Guggenheim initiated coverage on Ford Motor Company F with a Neutral rating. The price target for Ford is set to $13. Ford shares closed at $11.12 on Tuesday.