Benzinga's Top Upgrades, Downgrades For February 15, 2019

Top Upgrades

• JP Morgan upgraded TriNet Group Inc TNET from Underweight to Neutral. Trinet shares rose 13.1 percent to $56.02 in pre-market trading.
• Compass Point upgraded American International Group Inc AIG from Neutral to Buy. AIG shares gained 0.4 percent to $40.35 in pre-market trading.
• B. Riley FBR upgraded Ellington Financial LLC EFC from Neutral to Buy. Ellington Financial shares rose 2.14 percent to close at $17.21 on Thursday.
• Morgan Stanley upgraded Navigator Holdings Ltd NVGS from Equal-Weight to Overweight. Navigator Holdings shares closed at $10.04 on Thursday.
• Stifel Nicolaus upgraded Copa Holdings, S.A. CPA from Sell to Hold. Copa shares rose 0.18 percent to close at $94.23 on Thursday.
• JMP Securities upgraded Insmed Incorporated INSM from Market Perform to Outperform. Insmed shares gained 3.4 percent to $26.99 in pre-market trading.
• Cowen & Co. upgraded Workday Inc WDAY from Market Perform to Outperform. Workday gained 2.2 percent to $192.75 in pre-market trading.
• Morgan Stanley upgraded Cincinnati Bell Inc. CBB from Underweight to Equal-Weight. Cincinnati Bell shares dropped 2.88 percent to close at $8.76 on Thursday.

Top Downgrades

• Cowen & Co. downgraded Adobe Inc ADBE from Outperform to Market Perform. Adobe shares fell 0.7 percent to $258.21 in pre-market trading.
• UBS downgraded Ball Corporation BLL from Buy to Neutral. Ball shares fell 0.45 percent to close at $54.95 on Thursday.
• Oppenheimer downgraded LogMeIn Inc LOGM from Outperform to Perform. LogMeIn shares fell 17.1 percent to $79.50 in pre-market trading.
• TD Securities downgraded Pioneer Natural Resources PXD from Buy to Hold. Pioneer Natural shares closed at $143.08 on Thursday.
• DA Davidson downgraded Q2 Holdings Inc QTWO from Neutral to Underperform. Q2 Holdings shares closed at $66.85 on Thursday.
• Deutsche Bank downgraded Barrick Gold Corp GOLD from Buy to Hold. Barrick Gold shares rose 0.6 percent to $12.99 in pre-market trading.
• B. Riley FBR downgraded TrueCar Inc TRUE from Buy to Neutral. TrueCar shares fell 18.3 percent to $8.37 in pre-market trading.
• Credit Suisse downgraded General Dynamics Corporation GD from Outperform to Neutral. General Dynamics shares closed at $172.10 on Thursday.
• Guggenheim downgraded Tempur Sealy International Inc TPX from Buy to Neutral. Tempur Sealy shares closed at $56.08 on Thursday.
• Citigroup downgraded The Coca-Cola Co KO from Buy to Neutral. Coca-Cola shares gained 0.4 percent to $45.79 in pre-market trading.

Top Initiations

• Citigroup initiated coverage on Cubic Corporation CUB with a Buy rating. The price target for Cubic is set to $75. Cubic shares closed at $57.35 on Thursday.
• Wells Fargo initiated coverage on Revance Therapeutics Inc RVNC with a Market Perform rating. Revance Therapeutics shares closed at $17.83 on Thursday.
• Analysts at Credit Suisse initiated coverage on AcelRx Pharmaceuticals Inc ACRX with an Outperform rating. The price target for AcelRx Pharmaceuticals is set to $7. AcelRx Pharmaceuticals shares closed at $2.63 on Thursday.
• SunTrust Robinson Humphrey initiated coverage on Inovalon Holdings Inc INOV with a Buy rating. The price target for Inovalon is set to $22. Inovalon shares closed at $14.22 on Thursday.
• JP Morgan initiated coverage on Del Frisco's Restaurant Group Inc DFRG with a Neutral rating. The price target for Del Frisco's is set to $9. Del Frisco's shares closed at $8.50 on Thursday.
• Analysts at Jefferies initiated coverage on CareDx Inc CDNA with a Buy rating. The price target for CareDx is set to $35. CareDx closed at $23.99 on Thursday.
• Piper Jaffray initiated coverage on Mirati Therapeutics Inc MRTX with an Overweight rating. Mirati Therapeutics shares closed at $72.85 on Thursday.
• Gabelli & Co. initiated coverage on Meredith Corporation MDP with a Buy rating. Meredith shares closed at $54.97 on Thursday.
• Analysts at Stifel Nicolaus initiated coverage on Lindblad Expeditions Holdings Inc LIND with a Buy rating. Lindblad Expeditions Holdings shares closed at $12.58 on Thursday.