Benzinga's Top Upgrades, Downgrades For September 11, 2018

Top Upgrades

• Wedbush upgraded Snap Inc SNAP from Neutral to Outperform. Snap shares rose 2.26 percent to $9.96 in pre-market trading.
• Canaccord Genuity upgraded Nike Inc NKE from Hold to Buy. Nike shares rose 0.85 percent to $82.80 in pre-market trading.
• Citigroup upgraded Novartis AG (ADR) NVS from Neutral to Buy. Novartis shares rose 1.48 percent to $83.75 in pre-market trading.
• Bank of America upgraded Sunrun Inc RUN from Neutral to Buy. Sunrun shares rose 3.35 percent to $12.35 in pre-market trading.
• Barclays upgraded Equinor ASA (ADR) EQNR from Underweight to Equal-Weight. Equinor shares rose 1.88 percent to $25.45 in pre-market trading.
• Goldman Sachs upgraded Darden Restaurants, Inc. DRI from Neutral to Buy. Darden shares closed at $118.68 on Monday.
• Raymond James upgraded Barings BDC Inc. BBDC from Underperform to Outperform. Barings BDC shares rose 1.54 percent to $10.53 in pre-market trading.
• Analysts at Bank of America upgraded Plains GP Holdings LP PAGP from Neutral to Buy. Plains GP shares fell 1.34 percent to close at $24.32 on Monday.

Top Downgrades

• Nomura downgraded Tesla Inc TSLA from Buy to Neutral. Tesla shares fell 1.85 percent to $280.22 in pre-market trading.
• Chardan Capital downgraded Applied Genetic Technologies Corp AGTC from Buy to Neutral. Applied Genetic Tech shares fell 3.91 percent to close at $4.30 on Monday.
• Cowen & Co. downgraded Engility Holdings Inc EGL from Outperform to Market Perform. Engility shares dropped 0.11 percent to close at $36.20 on Friday.
• Barclays downgraded Eni SpA (ADR) E from Equal-Weight to Underweight. Eni shares fell 0.38 percent to $36.54 in pre-market trading.
• RBC Capital downgraded Western Digital Corp WDC from Outperform to Sector Perform. Western Digital shares fell 1.84 percent to $56.00 in pre-market trading.
• Vertical Research downgraded Science Applications International Corp SAIC from Buy to Hold. Science Applications shares fell 9.14 percent to close at $81.65 on Monday.
• Goldman Sachs downgraded CNX Resources Corp CNX from Neutral to Sell. CNX Resources shares fell 3.14 percent to $14.59 in pre-market trading.
• Susquehanna downgraded Integrated Device Technology Inc IDTI from Positive to Neutral. Integrated Device Tech shares rose 11.81 percent to $47.05 in pre-market trading.
• UBS downgraded CBS Corporation CBS from Buy to Neutral. CBS shares fell 0.67 percent to $54.83 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Exelon Corporation EXC from Buy to Hold. Exelon shares fell 0.09 percent to $44.58 in pre-market trading.

Top Initiations

• Stifel Nicolaus initiated coverage on Halliburton Company HAL with a Buy rating. The price target for Halliburton is set to $45. Halliburton shares closed at $36.69 on Monday.
• Barclays initiated coverage on TJX Companies Inc TJX with an Equal-Weight rating. The price target for TJX is set to $117. TJX shares closed at $110.81 on Monday.
• Credit Suisse initiated coverage on Caesars Entertainment Corporation CZR with an Outperform rating. The price target for Caesars Entertainment is set to $13. Caesars Entertainment shares closed at $9.85 on Monday.
• Cantor Fitzgerald initiated Krystal Biotech Inc KRYS with an Overweight rating. The price target for Krystal Biotech is set to $28. Krystal Biotech shares closed at $19.79 on Monday.
• Analysts at H.C. Wainwright initiated coverage on Melinta Therapeutics, Inc. MLNT with a Buy rating. The price target for Melinta Therapeutics is set to $14. Melinta Therapeutics shares closed at $4.30 on Monday.
• Analysts at Stifel Nicolaus initiated coverage on Schlumberger Limited SLB with a Hold rating. The price target for Schlumberger is set to $69. Schlumberger shares closed at $59.98 on Monday.
• DA Davidson initiated coverage on Bottomline Technologies EPAY with a Neutral rating. The price target for Bottomline Technologies is set to $58. Bottomline Technologies shares closed at $67.73 on Monday.
• Barclays initiated coverage on Ross Stores, Inc. ROST with an Equal-Weight rating. The price target for Ross Stores is set to $106. Ross Stores shares closed at $97.91 on Monday.
• Craig-Hallum initiated coverage on Misonix, Inc. MSON with a Buy rating. The price target for Misonix is set to $28. Misonix shares closed at $15.85 on Monday.
• Analysts at Stifel Nicolaus initiated coverage on Baker Hughes A GE Co BHGE with a Buy rating. The price target for Baker Hughes is set to $40. Baker Hughes closed at $31.93 on Monday.