Benzinga's Top Upgrades, Downgrades For July 15, 2019

Top Upgrades

• Wells Fargo upgraded Gilead Sciences, Inc. GILD from Market Perform to Outperform. Gilead rose 0.6% to $66.65 in pre-market trading.
• Piper Jaffray upgraded Crocs, Inc. CROX from Neutral to Overweight. Crocs rose 7% to $22.43 in pre-market trading.
• Goldman Sachs upgraded Bruker Corporation BRKR from Sell to Neutral. Bruker shares fell 1.4% to close at $49.16 on Friday.
• Jefferies upgraded EnLink Midstream LLC ENLC from Hold to Buy. EnLink Midstream shares rose 1% to $10.54 in pre-market trading.
• Analysts at JP Morgan upgraded Brinker International, Inc. EAT from Neutral to Overweight. Brinker shares rose 1.4% to $39.25 in pre-market trading.
• DA Davidson upgraded Hillenbrand, Inc. HI from Neutral to Buy. Hillenbrand shares rose 2.8% to $34.80 in pre-market trading
• Goldman Sachs upgraded Alkermes Plc ALKS from Sell to Neutral. Alkermes shares fell 1.8% to close at $22.53 on Friday.

Top Downgrades

• Citigroup downgraded Tiffany & Co. TIF from Buy to Neutral. Tiffany fell 1.1% to $93.62 in pre-market trading.
• Credit Suisse downgraded Spirit AeroSystems Holdings, Inc. SPR from Outperform to Neutral. Spirit AeroSystems shares fell 2.1% to $74.10 in pre-market trading.
• Bank of America downgraded American Water Works Company Inc AWK from Neutral to Underperform. American Water Works shares fell 0.5% to $116.00 in pre-market trading.
• Longbow Research downgraded Hilton Hotels Corporation HLT from Buy to Neutral. Hilton Worldwide shares fell 1.2% to close at $99.54 on Friday.
• Stifel Nicolaus downgraded Wageworks Inc WAGE from Buy to Hold. WageWorks shares fell 0.4% to $50.70 in pre-market trading.
• Morgan Stanley downgraded Teva Pharmaceutical Industries Ltd TEVA from Equal-Weight to Underweight. Teva shares fell 4.8% to $8.81 in pre-market trading.
• BMO Capital downgraded Omnicom Group Inc. OMC from Outperform to Market Perform. Omnicom shares fell 1.2% to close at $84.69 on Friday.
• Goldman Sachs downgraded Quest Diagnostics Inc DGX from Neutral to Sell. Quest Diagnostics shares fell 0.5% to close at $102.98 on Friday.
• Barclays downgraded Mettler-Toledo International Inc. MTD from Equal-Weight to Underweight. Mettler-Toledo shares fell 2.2% to close at $835.44 on Friday.
• UBS downgraded General Electric Company GE from Buy to Neutral. GE shares fell 0.9% to $10.28 in pre-market trading.

Top Initiations

• Goldman Sachs initiated coverage on Grocery Outlet Holding Corp GO with a Neutral rating. The price target for Grocery Outlet is set to $32. Grocery Outlet shares closed at $33.81 on Friday.
• Credit Suisse initiated coverage on Stoke Therapeutics, Inc. STOK with an Outperform rating. The price target for Stoke Therapeutics is set to $35. Stoke Therapeutics shares closed at $26.98 on Friday.
• Analysts at Wedbush initiated coverage on Prevail Therapeutics Inc PRVL with an Outperform rating. The price target for Prevail Therapeutics is set to $25. Prevail Therapeutics shares closed at $11.62 on Friday.
• Analysts at H.C. Wainwright initiated coverage on ENDRA Life Sciences Inc NDRA with a Buy rating. The price target for ENDRA Life is set to $6. ENDRA Life shares closed at $1.51 on Friday.
• Barclays initiated coverage on Slack Technologies Inc WORK with an Overweight rating. The price target for Slack is set to $45. Slack shares closed at $33.73 on Friday.
• Analysts at Evercore ISI Group initiated coverage on Atreca Inc BCEL with an Outperform rating. Atreca shares closed at $16.63 on Friday.
• Analysts at Bank of America initiated coverage on Aqua America Inc WTR with a Buy rating. The price target for Aqua America is set to $45. Aqua America shares closed at $41.00 on Friday.
• Wells Fargo initiated coverage on Atmos Energy Corporation ATO with an Outperform rating. The price target for Atmos Energy is set to $119. Atmos Energy shares closed at $106.46 on Friday.
• Oppenheimer initiated coverage on Personalis, Inc. PSNL with an Outperform rating. The price target for Personalis is set to $29. Personalis closed at $25.34 on Friday.
• William Blair initiated coverage on Marvell Technology Group Ltd. MRVL with an Outperform rating. Marvell shares closed at $25.40 on Friday.