Benzinga's Top Upgrades, Downgrades For November 16, 2018

Top Upgrades

• Morgan Stanley upgraded QUALCOMM, Inc. QCOM from Underweight to Equal-Weight. Qualcomm shares fell 0.3 percent to $55.20 in pre-market trading.
• Guggenheim upgraded Core Laboratories N.V. CLB from Neutral to Buy. Core Laboratories shares rose 3.52 percent to close at $84.20 on Thursday.
• Analysts at Morgan Stanley upgraded Taiwan Semiconductor Mfg. Co. Ltd. TSM from Underweight to Equal-Weight. Taiwan Semiconductor shares fell 2.4 percent to $37.60 in pre-market trading.
• Credit Suisse upgraded Spark Therapeutics Inc ONCE from Underperform to Neutral. Spark Therapeutics shares dropped 4.44 percent to close at $39.00 on Thursday.
• Gabelli & Co. upgraded Armstrong Flooring Inc AFI from Hold to Buy. Armstrong Flooring shares rose 1.2 percent to $16.90 in pre-market trading.
• HSBC upgraded Goldcorp Inc. GG from Hold to Buy. Goldcorp shares rose 0.9 percent to $9.35 in pre-market trading.
• BMO Capital upgraded Primo Water Corporation PRMW from Market Perform to Outperform. Primo Water shares rose 1.21 percent to close at $14.25 on Thursday.
• Susquehanna upgraded DSW Inc. DSW from Negative to Neutral. DSW shares rose 0.3 percent to $25.48 in pre-market trading.
• Raymond James upgraded Omega Healthcare Investors Inc OHI from Market Perform to Outperform. Omega Healthcare shares fell 0.32 percent to close at $34.35 on Thursday.
• VTB Capital upgraded Luxoft Holding Inc LXFT from Hold to Buy. Luxoft shares fell 14.06 percent to close at $33.30 on Thursday.

Top Downgrades

• Bank of America downgraded Home Depot Inc HD from Buy to Neutral. Home Depot shares fell 1.7 percent to $174.30 in pre-market trading.
• Leerink Swann downgraded Cardinal Health Inc CAH from Outperform to Market Perform. Cardinal Health shares fell 1.2 percent to $56.97 in pre-market trading.
• Jefferies downgraded Senior Housing Properties Trust SNH from Hold to Underperform. Senior Housing Properties shares fell 4.4 percent to $14.18 in pre-market trading.
• B. Riley FBR downgraded NVIDIA Corporation NVDA from Buy to Neutral. NVIDIA shares fell 17.3 percent to $167.45 in pre-market trading.
• KeyBanc downgraded Luxoft Holding Inc LXFT from Overweight to Sector Weight. Luxoft shares dropped 14.06 percent to close at $33.30 on Thursday.
• Raymond James downgraded International Flavors & Fragrances Inc IFF from Market Perform to Underperform. Intl Flavors & Fragrances shares rise 0.74 percent to close at $142.47 on Thursday.
• Oppenheimer downgraded Michael Kors Holdings Ltd KORS from Outperform to Perform. Michael Kors shares fell 1.6 percent to $46.50 in pre-market trading.
• Morgan Stanley downgraded United Microelectronics Corp UMC from Equal-Weight to Underweight. United Microelectronics shares rose 6.47 percent to close at $1.81 on Thursday.
• Raymond James downgraded Weatherford International plc WFT from Outperform to Market Perform. Weatherford shares rose 1.8 percent to $0.86 in pre-market trading.
• HSBC downgraded Yamana Gold Inc. AUY from Buy to Hold. Yamana Gold shares fell 1.4 percent to $2.11 in pre-market trading.

Top Initiations

• BTIG Research initiated coverage on Scorpio Bulkers Inc. SALT with a Buy rating. The price target for Scorpio Bulkers is set to $8. Scorpio Bulkers shares closed at $5.71 on Thursday.
• KeyBanc initiated coverage on Target Corporation TGT with a Overweight rating. The price target for Target is set to $110. Target shares closed at $80.76 on Thursday.
• Analysts at Imperial Capital initiated coverage on Primo Water Corporation PRMW with a Outperform rating. The price target for Primo Water is set to $18. Primo Water closed at $14.25 on Thursday.
• BTIG Research initiated coverage on Golden Ocean Group Ltd GOGL with a Buy rating. The price target for Golden Ocean is set to $10. Golden Ocean closed at $6.68 on Thursday.
• Analysts at Buckingham initiated coverage on Target Corporation TGT with a Buy rating. The price target for Target is set to $102. Target shares closed at $80.76 on Thursday.