Benzinga's Top Upgrades, Downgrades For November 7, 2018

Top Upgrades

• Cowen & Co. upgraded Target Corporation TGT from Market Perform to Outperform. Target shares rose 1.1 percent to $86.51 in pre-market trading.
• Morgan Stanley upgraded ABIOMED, Inc. ABMD from Equal-Weight to Overweight. Abiomed shares rose 7.7 percent to $420.00 in pre-market trading.
• Wedbush upgraded Spark Therapeutics Inc ONCE from Underperform to Neutral. Spark Therapeutics shares rose 6.3 percent to $44.30 in pre-market trading.
• Deutsche Bank upgraded RenaissanceRe Holdings Ltd. RNR from Hold to Buy. RenaissanceRe shares rose 2.12 percent to close at $126.55 on Tuesday.
• Analysts at Wells Fargo upgraded Northern Trust Corporation NTRS from Market Perform to Outperform. Northern Trust shares rose 0.2 percent to $96.00 in pre-market trading.
• Raymond James upgraded Noble Energy, Inc. NBL from Market Perform to Outperform. Noble Energy shares rose 7.7 percent to $29.10 in pre-market trading.
• Piper Jaffray upgraded Zions Bancorp ZION from Neutral to Overweight. Zions Bancorp shares rose 1.09 percent to close at $49.19 on Monday.
• SunTrust Robinson Humphrey upgraded Oasis Petroleum Inc. OAS from Sell to Hold. Oasis Petroleum shares rose 3.1 percent to $10.18 in pre-market trading.
• Morgan Stanley upgraded Progressive Corp PGR from Equal-Weight to Overweight. Progressive shares closed at $69.78 on Tuesday.
• RBC Capital upgraded Usa Compression Partners LP USAC from Sector Perform to Outperform. USA Compression Partners shares closed at $14.18 on Tuesday.

Top Downgrades

• RBC Capital downgraded Freeport-McMoRan Inc FCX from Sector Perform to Underperform. Freeport-McMoRan shares rose 1.7 percent to $12.41 in pre-market trading.
• Goldman Sachs downgraded GreenSky Inc GSKY from Buy to Neutral. GreenSky shares rose 0.2 percent to $9.30 in pre-market trading.
• JP Morgan downgraded MINDBODY Inc MB from Overweight to Neutral. MINDBODY shares fell 21.1 percent to $25.75 in pre-market trading.
• UBS downgraded Frontier Communications Corp FTR from Neutral to Sell. Frontier Communications shares fell 14.5 percent to $4.50 in pre-market trading.
• Cantor Fitzgerald downgraded AAC Holdings Inc AAC from Overweight to Neutral. AAC Holdings shares rose 9.5 percent to $3.24 in pre-market trading.
• William Blair downgraded Audentes Therapeutics Inc BOLD from Outperform to Market Perform. Audentes Therapeutics shares rose 1.48 percent to close at $29.56 on Tuesday.
• Nomura downgraded Infinera Corp. INFN from Buy to Neutral. Infinera shares fell 26.7 percent to $4.57 in pre-market trading.
• Credit Suisse downgraded Ironwood Pharmaceuticals, Inc. IRWD from Outperform to Neutral. Ironwood Pharmaceuticals shares closed at $12.78 on Friday.
• JMP Securities downgraded Monroe Capital Corp MRCC from Market Outperform to Market Perform. Monroe Capital shares fell 7.2 percent to $11.71 in pre-market trading.
• Susquehanna downgraded Zillow Group Inc Z from Neutral to Negative. Zillow shares fell 21.1 percent to $32.38 in pre-market trading.

Top Initiations

• Analysts at Cantor Fitzgerald initiated coverage on Proteostasis Therapeutics Inc PTI with an Overweight rating. The price target for Proteostasis Therapeutics is set to $21. Proteostasis Therapeutics closed at $6.84 on Tuesday.