Benzinga's Top Upgrades, Downgrades For April 18, 2018

Top Upgrades

• Morgan Stanley upgraded eBay Inc. EBAY from Underweight to Overweight. eBay shares rose 6.25 percent to $43.15 in pre-market trading.
• Loop Capital upgraded Dollar Tree, Inc. DLTR from Hold to Buy. Dollar Tree shares rose 1.14 percent to $100.00 in pre-market trading.
• Deutsche Bank upgraded Zayo Group Holdings, Inc. ZAYO from Hold to Buy. Zayo shares rose 2 percent to $37.15 in pre-market trading.
• Baird upgraded M&T Bank Corporation MTB from Underperform to Neutral. M&T Bank shares rose 0.91 percent to $179.04 in pre-market trading.
• SunTrust Robinson Humphrey upgraded Ultragenyx Pharmaceutical Inc. RARE from Hold to Buy. Ultragenyx Pharmaceutical shares rose 0.59 percent to $55.00 in pre-market trading.
• Analysts at Longbow Research upgraded Welbilt, Inc. WBT from Neutral to Buy. Welbilt rose 0.53 percent to close at $19.06 on Tuesday.
• Compass Point upgraded Terreno Realty Corporation TRNO from Neutral to Buy. Terreno Realty shares rose 0.65 percent to $35.51 in pre-market trading.
• HSBC upgraded Rio Tinto plc RIO from Hold to Buy. Rio Tinto shares gained 3.20 percent to $56.49 in pre-market trading.

Top Downgrades

• Analysts at Morgan Stanley downgraded GrubHub Inc. GRUB from Overweight to Equal-Weight. GrubHub shares fell 1.75 percent to $101.90 in pre-market trading.
• Citigroup downgraded Altria Group, Inc. MO from Buy to Neutral. Alria shares fell 1.05 percent to $63.30 in pre-market trading.
• Jefferies downgraded Atlassian Corporation Plc TEAM from Buy to Hold. Atlassian shares dropped 1.63 percent to $61.05 in pre-market trading.
• Raymond James downgraded LegacyTexas Financial Group, Inc. LTXB from Outperform to Market Perform. LegacyTexas Financial fell 0.79 percent to close at $42.44 on Tuesday.
• Stifel Nicolaus downgraded Healthcare Services Group, Inc. HCSG from Buy to Hold. Healthcare Services shares fell 4.73 percent to $38.68 in pre-market trading.
• Morgan Stanley downgraded Zillow Group, Inc. ZG from Overweight to Equal-Weight. Zillow shares fell 2.79 percent to $48.01 in pre-market trading.
• DA Davidson downgraded Callaway Golf Company ELY from Buy to Neutral. Callaway Golf shares rose 1.46 percent to close at $17.73 on Tuesday.
• Jefferies downgraded AveXis, Inc. AVXS from Buy to Hold. AveXis shares fell 0.35 percent to $211.32 in pre-market trading.
• KLR Group downgraded Continental Resources, Inc. CLR from Buy to Hold. Continental Resources shares rose 0.52 percent to close at $62.12 on Tuesday.

Top Initiations

• Credit Suisse initiated coverage on Dollar Tree, Inc. DLTR with an Outperform rating. The price target for Dollar Tree is set to $114. Dollar Tree shares closed at $98.87 on Monday.
• Analysts at B. Riley initiated coverage on AquaVenture Holdings Limited WAAS with a Market Outperform rating. The price target for AquaVenture Holdings is set to $22. AquaVenture Holdings shares closed at $13.76 on Tuesday.
• Longbow Research initiated coverage on Marvell Technology Group Ltd. MRVL with a Buy rating. The price target for Marvell Technology is set to $27. Marvell Technology shares closed at $22.25 on Tuesday.
• Credit Suisse initiated coverage on Dollar General Corporation DG with a Neutral rating. The price target for Dollar General is set to $103. Dollar General shares closed at $99.87 on Tuesday.
• Buckingham assumed coverage on Foot Locker, Inc. FL with a Buy rating. The price target for Foot Locker is set to $54. Foot Locker shares closed at $42.37 on Tuesday.
• UBS initiated coverage on AK Steel Holding Corporation AKS with a Sell rating. The price target for AK Steel is set to $3.25. AK Steel shares closed at $4.71 on Tuesday.
• Berenberg initiated coverage on DXC Technology Company DXC with a Hold rating. The price target for DXC Technology is set to $100. DXC Technology shares closed at $104.30 on Tuesday.
• Analysts at Credit Suisse initiated coverage on Kroger Co. KR with an Outperform rating. The price target for Kroger is set to $28. Kroger closed at $24.24 on Tuesday.
• Analysts at Buckingham initiated coverage on Steven Madden, Ltd. SHOO with a Buy rating. The price target for Steven Madden is set to $53. Steven Madden shares closed at $46.80 on Tuesday.