Benzinga's Top Upgrades, Downgrades For July 10, 2018

Top Upgrades

• Analysts at Morgan Stanley upgraded CarMax, Inc KMX from Underweight to Overweight. CarMax shares rose 1.04 percent to $77.40 in pre-market trading.
• Susquehanna upgraded KB Home KBH from Neutral to Positive. KB Home shares rose 4.40 percent to $28.69 in pre-market trading.
• Morgan Stanley upgraded Casa Systems Inc CASA from Equal-Weight to Overweight. Casa Systems shares fell 2.56 percent to close at $16.38 on Monday.
• BTIG Research upgraded Check Point Software Technologies Ltd. CHKP from Neutral to Buy. Check Point Software shares rose 1.95 percent to $103.99 in pre-market trading.
• Mitsubishi UFJ upgraded Realty Income Corp O from Neutral to Overweight. Realty Income shares fell 1.26 percent to close at $54.88 on Monday.
• KeyBanc upgraded Imperva Inc IMPV from Sector Weight to Overweight. Imperva shares rose 0.30 percent to close at $49.60 on Monday.
• Stifel Nicolaus upgraded Wynn Resorts, Limited WYNN from Hold to Buy. Wynn Resorts shares rose 1.32 percent to $162.25 in pre-market trading.
• UBS upgraded Fiat Chrysler Automobiles NV FCAU from Neutral to Buy. Fiat Chrysler shares rose 0.59 percent to $20.35 in pre-market trading.
• Jefferies upgraded Reliance Steel & Aluminum Co RS from Hold to Buy. Reliance Steel shares fell 0.61 percent to $89.50 in pre-market trading.
• Maxim Group upgraded ContraVir Pharmaceuticals Inc CTRV from Hold to Buy. ContraVir Pharmaceuticals shares fell 9.23 percent to close at $1.18 on Monday.

Top Downgrades

• KeyBanc downgraded Nordstrom, Inc. JWN from Overweight to Sector Weight. Nordstrom shares dropped 1.07 percent to $52.95 in pre-market trading.
• SunTrust Robinson Humphrey downgraded eBay Inc EBAY from Buy to Hold. eBay shares fell 1.27 percent to $37.43 in pre-market trading.
• Jefferies downgraded Genesco Inc. GCO from Buy to Hold. Genesco shares rose 0.37 percent to $40.60 in pre-market trading.
• BMO Capital downgraded Wright Medical Group NV WMGI from Outperform to Market Perform. Wright Medical shares fell 1.70 percent to close at $25.95 on Monday.
• Keefe Bruyette & Woods downgraded Carolina Financial Corp CARO from Outperform to Market Perform. Carolina Financial shares fell 0.95 percent to close at $44.74 on Monday.
• Morgan Stanley downgraded AutoNation, Inc. AN from Overweight to Underweight. AutoNation shares fel 0.96 percent to $49.99 in pre-market trading.
• Mitsubishi UFJ downgraded Healthcare Trust Of America Inc HTA from Overweight to Neutral. Healthcare Trust shares fell 1.83 percent to close at $26.85 on Friday.
• KeyBanc downgraded Urban Outfitters, Inc. URBN from Overweight to Sector Weight. Urban Outfitters shares fell 1.05 percent to $45.32 in pre-market trading.
• Mizuho downgraded Chipotle Mexican Grill, Inc. CMG from Neutral to Underperform. Chipotle shares fell 1.55 percent to $456.72 in pre-market trading.
• Baird downgraded Biogen Inc BIIB from Outperform to Neutral. Biogen shares fell 1.41 percent to $349.00 in pre-market trading.

Top Initiations

• Analysts at Atlantic Equities initiated coverage on Texas Instruments Incorporated TXN with an Overweight rating. The price target for Texas Instruments is set to $130. Texas Instruments shares closed at $112.09 on Monday.
• Analysts at Morgan Stanley initiated coverage on Assurant, Inc. AIZ with an Overweight rating. The price target for Assurant is set to $125. Assurant shares closed at $106.37 on Monday.
• KeyBanc initiated coverage on Weight Watchers International, Inc. WTW with an Overweight rating. The price target for Weight Watchers is set to $115. Weight Watchers shares closed at $97.82 on Monday.
• H.C. Wainwright initiated coverage on US Gold Corp USAU with a Buy rating. The price target for US Gold is set to $3. US Gold shares closed at $1.32 on Monday.
• Morgan Stanley initiated coverage on Veoneer, Inc. VNE with an Overweight rating. The price target for Veoneer is set to $55. Veoneer shares closed at $43.42 on Monday.
• Jefferies initiated coverage on Verrica Pharmaceuticals Inc VRCA with a Buy rating. The price target for Verrica Pharmaceuticals is set to $24. Verrica Pharmaceuticals shares closed at $19.79 on Monday.
• Cowen & Co. initiated coverage on Apellis Pharmaceuticals Inc APLS with an Outperform rating. The price target for Apellis Pharmaceuticals is set to $40. Apellis Pharmaceuticals closed at $20.28 on Monday.
• KeyBanc initiated coverage on Stitch Fix Inc SFIX with an Overweight rating. The price target for Stitch Fix is set to $38. Stitch Fix shares closed at $31.12 on Monday.
• Bank of America initiated coverage on Myokardia Inc MYOK with a Buy rating. The price target for MyoKardia is set to $38. MyoKardia shares closed at $52.90 on Monday.
• Analysts at Wedbush initiated coverage on Western Alliance Bancorporation WLA with an Outperform rating. The price target for Western Alliance Bancorporation is set to $67. Western Alliance Bancorporation closed at $59.02 on Monday.