Benzinga's Top Upgrades, Downgrades For August 20, 2018

Top Upgrades

• Piper Jaffray upgraded Nike Inc NKE from Neutral to Overweight. Nike shares rose 2.19 percent to $81.50 in pre-market trading.
• Rosenblatt upgraded QUALCOMM, Inc. QCOM from Neutral to Buy. Qualcomm shares rose 0.97 percent to $66.70 in pre-market trading.
• Analysts at HSBC upgraded VEON Ltd (ADR) VEON from Hold to Buy. VEON shares rose 1.44 percent to $2.82 in pre-market trading.
• Baird upgraded Terex Corporation TEX from Underperform to Neutral. Terex shares rose 2.48 percent to $39.30 in pre-market trading.
• Canaccord Genuity upgraded New Gold Inc. NGD from Sell to Hold. New Gold shares rose 2.04 percent to close at $1.00 on Friday.
• Williams Capital upgraded Diamondback Energy Inc FANG from Hold to Buy. Diamondback Energy shares rose 0.43 percent to $120.70 in pre-market trading.
• Wells Fargo upgraded Sempra Energy SRE from Market Perform to Outperform. Sempra Energy shares rose 0.72 percent to close at $116.85 on Friday.

Top Downgrades

• Cowen & Co. downgraded Yogaworks Inc YOGA from Outperform to Market Perform. YogaWorks shares fell 1.67 percent to close at $1.18 on Friday.
• Morgan Stanley downgraded News Corp NWSA from Equal-Weight to Underweight. News Corp shares closed at $13.90 on Friday.
• Baird downgraded Hersha Hospitality Trust HT from Outperform to Neutral. Hersha Hospitality shares rose 1.14 percent to close at $22.16 on Friday.
• RBC Capital downgraded Kinross Gold Corporation (USA) KGC from Outperform to Sector Perform. Kinross Gold shares rose 2.85 percent to close at $2.89 on Friday.
• Susquehanna downgraded Constellation Brands, Inc. STZ from Neutral to Negative. Constellation shares fell 1.56 percent to $200.75 in pre-market trading.
• Evercore ISI Group downgraded Park Hotels & Resorts Inc PK from Outperform to In-Line. Park Hotels shares rose 1.76 percent to close at $32.91 on Friday.

Top Initiations

• Keybanc initiated Bloom Energy Corp BE with an Overweight rating. The price target for Bloom Energy is set to $27. Bloom Energy shares closed at $22.20 on Friday.
• Analysts at H.C. Wainwright initiated coverage on Auryn Resources Inc AUG with a Buy rating. The price target for Auryn Resources is set to $1.70. Auryn Resources shares closed at $1.03 on Friday.
• Morgan Stanley initiated coverage on Tenable Holdings Inc TENB with an Equal-Weight rating. The price target for Tenable is set to $31. Tenable shares closed at $31.33 on Friday.
• Analysts at Stifel Nicolaus initiated coverage on Carbonite Inc CARB with a Buy rating. The price target for Carbonite is set to $44. Carbonite shares closed at $39.40 on Friday.
• Goldman Sachs initiated coverage on Berry Petroleum Corp BRY with a Buy rating. The price target for Berry Petroleum is set to $20. Berry Petroleum shares closed at $12.84 on Friday.
• BMO Capital initiated coverage on Aquestive Therapeutics Inc AQST with an Outperform rating. The price target for Aquestive Therapeutics is set to $26. Aquestive Therapeutics closed at $16.00 on Friday.
• Raymond James initiated coverage on Addus Homecare Corporation (NASDAQ: ADUS with an Outperform rating. The price target for Addus Homecare is set to $75. Addus Homecare shares closed at $59.60 on Friday.
• Jefferies initiated coverage on Liquidia Technologies Inc LQDA with a Buy rating. The price target for Liquidia Technologies is set to $22. Liquidia Technologies shares closed at $14.90 on Friday.
• Analysts at Raymond James initiated coverage on Focus Financial Partners Inc FOCS with an Outperform rating. The price target for Focus Financial Partners is set to $43. Focus Financial Partners closed at $38.50 on Friday.
• Analysts at Goldman Sachs initiated coverage on Aurora Mobile Ltd - ADR JG with a Buy rating. The price target for Aurora Mobile is set to $12. Aurora Mobile closed at $5.95 on Friday.