Benzinga's Top Upgrades, Downgrades For July 31, 2018

Top Upgrades

• Analysts at Morgan Stanley upgraded Lear Corporation LEA from Equal-Weight to Overweight. Lear shares rose 1.65 percent to $180.50 in pre-market trading.
• Jefferies upgraded Chipotle Mexican Grill, Inc. CMG from Hold to Buy. Chipotle shares fell 1.39 percent to $459.00 in pre-market trading.
• Nomura upgraded Twitter Inc TWTR from Reduce to Neutral. Twitter shares rose 1.02 percent to $31.70 in pre-market trading.
• DZ Bank upgraded Intel Corporation INTC from Hold to Buy. Intel shares rose 0.61 percent to $47.98 in pre-market trading.
• Raymond James upgraded Booz Allen Hamilton Holding Corporation BAH from Market Perform to Outperform. Booz Allen shares fell 2.06 percent to close at $44.80 on Monday.
• Buckingham upgraded Northrop Grumman Corporation NOC from Neutral to Buy. Northrop Grumman shares rose 1 percent to $297.76 in pre-market trading.
• RBC Capital upgraded Texas Roadhouse Inc TXRH from Sector Perform to Outperform. Texas Roadhouse shares fell 9.12 percent to $60.06 in pre-market trading.
• Keefe Bruyette & Woods upgraded Affiliated Managers Group, Inc. AMG from Market Perform to Outperform. Affiliated Managers shares rose 0.11 percent to $158.90 in pre-market trading.
• William Blair upgraded Medpace Holdings Inc MEDP from Market Perform to Outperform. Medpace shares fell 1.36 percent to close at $47.07 on Monday.
• Benchmark upgraded Intevac, Inc. IVAC from Hold to Buy. Intevac shares gained 12.22 percent to $5.05 in pre-market trading.

Top Downgrades

• Barclays downgraded Caterpillar Inc. CAT from Overweight to Equal-Weight. Caterpillar shares fell 0.54 percent to $139.00 in pre-market trading.
• Cowen & Co. downgraded CBS Corporation CBS from Outperform to Market Perform. CBS shares declined 5 percent to $51.28 in pre-market trading.
• Argus downgraded Tupperware Brands Corporation TUP from Hold to Sell. Tupperware shares fell 0.86 percent to $36.73 in pre-market trading.
• Oppenheimer downgraded Instructure Inc INST from Outperform to Perform. Instructure shares fell 7.22 percent to $40.45 in pre-market trading.
• DA Davidson downgraded NutriSystem Inc. NTRI from Buy to Neutral. Nutrisystem shares fell 4.55 percent to $36.75 in pre-market trading.
• Chardan Capital downgraded Castlight Health Inc CSLT from Buy to Hold. Castlight Health shares dropped 16.85 percent to $3.70 in pre-market trading.
• Citigroup downgraded Wisdom Tree Investments Inc WETF from Neutral to Sell. WisdomTree Investments shares fell 2.96 percent to $8.85 in pre-market trading.
• Vertical Research downgraded AptarGroup, Inc. ATR from Hold to Sell. AptarGroup shares fell 0.02 percent to $102.48 in pre-market trading.
• Morgan Stanley downgraded Adient PLC ADNT from Equal-Weight to Underweight. Adient shares rose 0.60 percent to close at $48.84 on Monday.
• Stephens & Co. downgraded AerCap Holdings N.V. AER from Overweight to Equal-Weight. AerCap shares rose 0.33 percent to $56.18 in pre-market trading.

Top Initiations

• Evercore ISI Group initiated coverage on Tribune Company TRCO with an Outperform rating. The price target for Tribune Company is set to $40. Tribune Company shares closed at $33.59 on Monday.
• Raymond James initiated coverage on Exantas Capital Corp XAN with an Outperform rating. The price target for Exantas Capital is set to $12. Exantas Capital shares closed at $10.43 on Monday.
• SunTrust Robinson Humphrey initiated Chemours Co CC with a Hold rating. The price target for Chemours is set to $51. Chemours shares closed at $45.22 on Monday.
• Analysts at Maxim Group initiated coverage on Net 1 UEPS Technologies Inc UEPS with a Buy rating. The price target for Net 1 UEPS is set to $24. Net 1 UEPS shares closed at $9.17 on Monday.
• JMP Securities initiated coverage on Capital Southwest Corporation CSWC with a Market Outperform rating. The price target for Capital Southwest is set to $20. Capital Southwest closed at $18.10 on Monday.
• Analysts at Stephens & Co. initiated coverage on eXp World Holdings Inc EXPI with an Overweight rating. The price target for eXp World is set to $20. eXp World shares closed at $13.31 on Monday.
• Analysts at SunTrust Robinson Humphrey initiated coverage on Tronox Ltd TROX with a Buy rating. The price target for Tronox is set to $24. Tronox closed at $18.14 on Monday.
• Evercore ISI Group initiated coverage on Nexstar Media Group Inc NXST with an In-Line rating. The price target for Nexstar Media is set to $87. Nexstar Media shares closed at $73.95 on Monday.
• Northcoast Research initiated coverage on NOW Inc DNOW with a Neutral rating. NOW shares closed at $14.51 on Monday.