Benzinga's Top Upgrades, Downgrades For January 23, 2019

Top Upgrades

• Morgan Stanley upgraded Walmart Inc WMT from Equal-Weight to Overweight. Walmart shares rose 1.2 percent to $98.68 in pre-market trading.
• Mizuho upgraded D. R. Horton Inc DHI from Neutral to Buy. D.R. Horton shares fell 2.04 percent to close at $36.42 on Tuesday.
• JP Morgan upgraded Logitech International SA LOGI from Neutral to Overweight. Logitech shares rose 4.2 percent to $35.12 in pre-market trading.
• Piper Jaffray upgraded Teva Pharmaceutical Industries Ltd TEVA from Underweight to Neutral. Teva shares rose 3 percent to $19.30 in pre-market trading.
• Citigroup upgraded Callon Petroleum Company CPE from Neutral to Buy. Callon Petroleum fell 2.42 percent to close at $8.06 on Tuesday.
• JP Morgan upgraded La Jolla Pharmaceutical Company LJPC from Underweight to Neutral. La Jolla Pharmaceutical shares rose 5.3 percent to $6.36 in pre-market trading.
• Stephens & Co. upgraded International Paper Co IP from Equal-Weight to Overweight. International Paper shares rose 1.7 percent to $46.52 in pre-market trading.
• Stifel Nicolaus upgraded Lamb Weston Holdings Inc LW from Hold to Buy. Lamb Weston shares rose 1.3 percent to $71.65 in pre-market trading.
• KeyBanc upgraded Vipshop Holdings Ltd - ADR VIPS from Sector Weight to Overweight. Vipshop shares gained 5.4 percent to $6.81 in pre-market trading.
• Analysts at RBC Capital upgraded Garrett Motion Inc GTX from Underperform to Sector Perform. Garrett Motion shares fell 3.86 percent to close at $15.20 on Tuesday.

Top Downgrades

• RBC Capital downgraded Tesla Inc TSLA from Sector Perform to Underperform. Tesla shares fell 1.8 percent to $293.53 in pre-market trading.
• Mizuho downgraded Toll Brothers Inc TOL from Buy to Neutral. Toll Brothers shares fell 1 percent to $34.17 in pre-market trading.
• Morgan Stanley downgraded Williams-Sonoma, Inc. WSM from Equal-Weight to Underweight. Williams-Sonoma shares fell 2.9 percent to $51.01 in pre-market trading.
• Barclays downgraded Huntington Ingalls Industries Inc HII from Overweight to Underweight. Huntington Ingalls shares fell 1.89 percent to close at $196.50 on Tuesday.
• BMO Capital downgraded Merck & Co., Inc. MRK from Outperform to Market Perform. Merck shares fell 0.7 percent to $75.34 in pre-market trading.
• JP Morgan downgraded Scorpio Tankers Inc. STNG from Overweight to Neutral. Scorpio Tankers shares fell 4.85 percent to close at $20.03 on Tuesday.
• Stifel Nicolaus downgraded Texas Roadhouse Inc TXRH from Buy to Hold. Texas Roadhouse shares fell 0.3 percent to $65.78 in pre-market trading.
• Credit Suisse downgraded Spire Inc SR from Neutral to Underperform. Spire shares fell 0.26 percent to close at $77.16 on Tuesday.
• Citigroup downgraded Oasis Petroleum Inc. OAS from Buy to Neutral. Oasis Petroleum shares closed at $6.14 on Tuesday.
• Oppenheimer downgraded Capital One Financial Corp. COF from Outperform to Perform. Capital One shares dropped 5.5 percent to $78.80 in pre-market trading.

Top Initiations

• Analysts at UBS initiated coverage on Intercept Pharmaceuticals Inc ICPT with a Buy rating. Intercept Pharmaceuticals closed at $110.93 on Tuesday.
• Buckingham initiated coverage on Whirlpool Corporation WHR with a Neutral rating. The price target for Whirlpool is set to $135. Whirlpool closed at $126.22 on Tuesday.
• Seaport Global initiated coverage on Weyerhaeuser Co WY with a Buy rating. The price target for Weyerhaeuser is set to $30. Weyerhaeuser shares closed at $24.55 on Tuesday.
• Guggenheim initiated coverage on General Mills, Inc. GIS with a Buy rating. The price target for General Mills is set to $49. General Mills shares closed at $43.24 on Tuesday.
• Analysts at Craig-Hallum initiated coverage on Zayo Group Holdings Inc ZAYO with a Buy rating. The price target for Zayo Group is set to $45. Zayo Group closed at $27.43 on Tuesday.
• Citigroup initiated coverage on PDC Energy Inc PDCE with a Buy rating. The price target for PDC Energy is set to $45. PDC Energy shares closed at $33.51 on Tuesday.
• Guggenheim initiated coverage on Kellogg Company K with a Neutral rating. Kellogg shares closed at $58.70 on Tuesday.
• Mizuho initiated coverage on Atara Biotherapeutics Inc ATRA with a Buy rating. The price target for Atara Biotherapeutics is set to $62. Atara Biotherapeutics shares closed at $35.44 on Tuesday.
• Analysts at Compass Point initiated coverage on BRT Apartments Corp BRT with a Neutral rating. The price target for BRT Apartments is set to $13.50. BRT Apartments shares closed at $13.91 on Tuesday.
• Analysts at Citigroup initiated coverage on Dell Technologies Inc DELL with a Buy rating. The price target for Dell Technologies is set to $55. Dell Technologies shares closed at $44.06 on Tuesday.