Benzinga's Top Upgrades, Downgrades For January 10, 2019

Top Upgrades

• Bank of America upgraded Twitter Inc (NYSE:TWTR) from Underperform to Buy. Twitter shares rose 3.6 percent to $33.40 in pre-market trading.
• UBS upgraded Dover Corp (NYSE:DOV) from Neutral to Buy. Dover shares rose 1.05 percent to close at $76.35 on Wednesday.
• Morgan Stanley upgraded Boeing Co (NYSE:BA) from Equal-Weight to Overweight. Boeing shares rose 1.2 percent to $348.00 in pre-market trading.
• TD Securities upgraded Magna International Inc. (NYSE:MGA) from Hold to Buy. Magna shares gained 0.1 percent to $49.07 in pre-market trading.
• Craig-Hallum upgraded Qorvo Inc (NASDAQ:QRVO) from Hold to Buy. Qorvo shares closed at $60.45 on Wednesday.
• Keefe Bruyette & Woods upgraded D. R. Horton Inc (NYSE:DHI) from Market Perform to Outperform. D.R. Horton shares fell 0.1 percent to $39.57 in pre-market trading.
• Cowen & Co. upgraded Snap Inc (NYSE:SNAP) from Underperform to Market Perform. Snap rose 1.3 percent to $6.36 in pre-market trading.
• JP Morgan upgraded Alaska Air Group, Inc. (NYSE:ALK) from Underweight to Neutral. Alaska Air shares fell 1.9 percent to $61.01 in pre-market trading.
• Barclays upgraded Hess Corp. (NYSE:HES) from Equal-Weight to Overweight. Hess shares rose 0.7 percent to $50.52 in pre-market trading.
• Analysts at UBS upgraded Autoliv Inc. (NYSE:ALV) from Neutral to Buy. Autoliv shares fell 1 percent to $76.30 in pre-market trading.

Top Downgrades

• Goldman Sachs downgraded Big Lots, Inc. (NYSE:BIG) from Buy to Neutral. Big Lots shares closed at $30.65 on Wednesday.
• Oppenheimer downgraded Dollar Tree, Inc. (NASDAQ:DLTR) from Outperform to Perform. Dollar Tree shares closed at $97.17 on Wednesday.
• BMO Capital downgraded B&G Foods, Inc. (NYSE:BGS) from Outperform to Market Perform. B&G Foods shares fell 0.13 percent to close at $29.64 on Tuesday.
• JP Morgan downgraded WABCO Holdings Inc. (NYSE:WBC) from Neutral to Underweight. WABCO shares rose 0.1 percent to $109.78 in pre-market trading
• Wells Fargo downgraded Estee Lauder Companies Inc (NYSE:EL) from Outperform to Market Perform. Estee Lauder shares dropped 2.2 percent to $125.00 in pre-market trading.
• Jefferies downgraded Keane Group Inc (NYSE:FRAC) from Buy to Hold. Keane shares climbed 5.88 percent to close at $9.37 on Wednesday.
• BMO Capital downgraded Weatherford International plc (NYSE:WFT) from Outperform to Market Perform. Weatherford shares fell 5.1 percent to $0.52 in pre-market trading.

Top Initiations

• Jefferies initiated coverage on Verint Systems Inc. (NASDAQ:VRNT) with a Buy rating. The price target for Verint is set to $53. Verint shares closed at $43.98 on Tuesday.
• Analysts at Susquehanna initiated coverage on Textron Inc. (NYSE:TXT) with a Neutral rating. The price target for Textron is set to $52. Textron closed at $47.28 on Tuesday.
• RBC Capital initiated coverage on SpartanNash Co (NASDAQ:SPTN) with a Outperform rating. The price target for SpartanNash is set to $25. SpartanNash shares closed at $19.36 on Tuesday.
• B. Riley FBR initiated coverage on Ship Finance International Limited (NYSE:SFL) with a Neutral rating. The price target for Ship Finance is set to $11.90. Ship Finance closed at $11.68 on Tuesday.
• Susquehanna initiated coverage on Lockheed Martin Corporation (NYSE:LMT) with a Positive rating. The price target for Lockheed Martin is set to $321. Lockheed Martin shares closed at $270.54 on Tuesday.
• Wells Fargo initiated coverage on Connecticut Water Service Inc (NASDAQ:CTWS) with a Market Perform rating. The price target for Connecticut Water Service is set to $66. Connecticut Water Service shares closed at $66.43 on Tuesday.
• Analysts at Stephens & Co. initiated coverage on Cactus Inc (NYSE:WHD) with a Overweight rating. The price target for Cactus is set to $45. Cactus shares closed at $29.43 on Tuesday.
• Analysts at William Blair initiated coverage on MSA Safety Inc (NYSE:MSA) with a Market Perform rating. MSA Safety closed at $98.30 on Tuesday.
• Susquehanna initiated coverage on General Dynamics Corporation (NYSE:GD) with a Neutral rating. The price target for General Dynamics is set to $175. General Dynamics shares closed at $160.90 on Tuesday.
• Analysts at Stephens & Co. initiated coverage on National-Oilwell Varco, Inc. (NYSE:NOV) with a Overweight rating. The price target for National-Oilwell Varco is set to $35. National-Oilwell Varco shares closed at $28.37 on Tuesday.