Benzinga's Top Upgrades

Cowen & Company upgraded Microsoft Corporation MSFT from Market Perform to Outperform. Microsoft shares rose 0.94 percent to $50.50 in pre-market trading. BMO Capital upgraded Deere & Company DE from Market Perform to Outperform. The target price for Deere has been raised from $70 to $96. Deere shares gained 1.25 percent to $78.86 in pre-market trading. JP Morgan upgraded Petroleo Brasileiro SA Petrobras (ADR) PBR from Underweight to Neutral. The target price for Petrobras has been raised from $5.80 to $7.40. Petrobras shares rose 2.44 percent to $6.30 in pre-market trading. Analysts at Cowen & Company upgraded Western Digital Corp WDC from Market Perform to Outperform. The target price for Western Digital has been raised from $45 to $50. Western Digital shares rose 2.32 percent to $41.40 in pre-market trading. Analysts at IBERIA Capital upgraded Jones Energy Inc JONE from Sector Perform to Outperform. The target price for Jones Energy has been raised from $4 to $6. Jones Energy shares fell 2.10 percent to close at $4.20 on Monday. RBC Capital upgraded Forward Air Corporation FWRD from Sector Perform to Outperform. Forward Air shares declined 0.39 percent to close at $43.41 on Monday. Analysts at BB&T Capital upgraded Equity Residential EQR from Hold to Buy. Equity Residential shares slipped 0.31 percent to close at $28.73 on Monday.