Benzinga's Top Upgrades - Amazon.com (NASDAQ:AMZN)

Morgan Stanley upgraded ON Semiconductor Corp ON from Underweight to Equal Weight. The price target for ON Semiconductor has been raised from $10 to $12. ON Semiconductor shares gained 2.3 percent to $12.05 in pre-market trading.
Citigroup upgraded SeaWorld Entertainment Inc SEAS from Neutral to Buy. SeaWorld shares rose 3.42 percent to $12.70 in pre-market trading.
Analysts at Clarksons Platou upgraded Atwood Oceanics, Inc. ATW from Sell to Neutral. Atwood Oceanics shares rose 1.46 percent to $6.95 in pre-market trading.
Argus upgraded Amazon.com, Inc. AMZN from Hold to Buy. Amazon.com shares rose 0.43 percent to $793.10 in pre-market trading.
Analysts at BMO Capital upgraded KapStone Paper and Packaging Corp. KS from Market Perform to Outperform. KapStone Paper shares gained 5.21 percent to close at $19.20 on Wednesday.
Macquarie upgraded Telecom Italia SpA (ADR) TI from Neutral to Outperform. Telecom Italia shares rose 2.15 percent to $8.54 in pre-market trading.
Analysts at Raymond James upgraded Imperial Oil Limited (USA) IMO from Market Perform to Outperform. Imperial Oil shares rose 0.47 percent to close at $29.97 on Wednesday.
HSBC upgraded Grupo Televisa SAB (ADR) TV from Reduce to Hold. Grupo Televisa shares rose 12.64 percent to $27.90 in pre-market trading.