Benzinga's Top Upgrades, Downgrades For February 25, 2019

Top Upgrades

• JP Morgan upgraded Brunswick Corporation BC from Neutral to Overweight. Brunswick shares rose 1.8 percent to close at $53.04 on Friday.
• Macquarie upgraded Norwegian Cruise Line Holdings Ltd NCLH from Neutral to Outperform. Norwegian Cruise shares rose 1.2 percent to $56.00 in pre-market trading.
• H.C. Wainwright upgraded Ironwood Pharmaceuticals, Inc. IRWD from Sell to Neutral. Ironwood Pharmaceuticals shares rose 0.49 percent to close at $14.25 on Friday.
• MKM Partners upgraded Infinera Corp. INFN from Sell to Neutral. Infinera shares rose 3.6 percent to $5.45 in pre-market trading.
• Stifel Nicolaus upgraded Obalon Therapeutics Inc OBLN from Hold to Buy. Obalon Therapeutics shares fell 8.41 percent to close at $1.96 on Friday.
• UBS upgraded AmeriGas Partners, L.P. APU from Sell to Neutral. AmeriGas Partners shares rose 0.3 percent to $29.70 in pre-market trading.
• Chardan Capital upgraded Audentes Therapeutics Inc BOLD from Neutral to Buy. Audentes Therapeutics shares rose 15.4 percent to $30.32 in pre-market trading.
• Stephens & Co. upgraded Matson Inc MATX from Equal-Weight to Overweight. Matson shares dropped 1.58 percent to close at $34.78 on Friday.
• Evercore ISI Group upgraded Regenxbio Inc RGNX from In-Line to Outperform. Regenxbio shares rose 10.2 percent to $51.25 in pre-market trading.
• Analysts at Keefe Bruyette & Woods upgraded PennyMac Mortgage Investment Trust PMT from Market Perform to Outperform. PennyMac Mortgage Investment Trust shares gained 3 percent to $20.75 in pre-market trading.

Top Downgrades

• Cantor Fitzgerald downgraded Spark Therapeutics Inc ONCE from Overweight to Neutral. Spark Therapeutics shares rose 121 percent to $113.90 in pre-market trading.
• Imperial Capital downgraded Allegion PLC ALLE from Outperform to In-Line. Allegion shares rose 1.67 percent to close at $89.70 on Friday.
• Keefe Bruyette & Woods downgraded State Street Corp STT from Market Perform to Underperform. State Street shares rose 0.3 percent to close at $72.40 on Friday.
• Canaccord Genuity downgraded Imax Corp IMAX from Buy to Hold. Imax shares fell 1.6 percent to $21.38 in pre-market trading.
• Bernstein downgraded Kraft Heinz Co KHC from Outperform to Market Perform. Kraft Heinz shares fell 1 percent to $34.60 in pre-market trading.
• Macquarie downgraded HSBC Holdings plc HSBC from Neutral to Underperform. HSBC shares fell 0.3 percent to $40.59 in pre-market trading.
• Bank of America downgraded Eversource Energy ES from Neutral to Underperform. Eversource Energy shares fell 0.5 percent to $69.95 in pre-market trading.
• Citigroup downgraded Allscripts Healthcare Solutions Inc MDRX from Buy to Neutral. Allscripts Healthcare shares fell 11.22 percent to close at $10.60 on Friday.
• Credit Suisse downgraded CyrusOne Inc CONE from Outperform to Neutral. CyrusOne shares fell 0.2 percent to $52.79 in pre-market trading.
• Raymond James downgraded KB Home KBH from Outperform to Market Perform. KB Home shares fell 0.8 percent to $23.67 in pre-market trading.

Top Initiations

• Morgan Stanley initiated coverage on New Fortress Energy LLC NFE with an Overweight rating. New Fortress Energy shares closed at $14.00 on Friday.
• H.C. Wainwright initiated coverage on Pulse Biosciences Inc PLSE with a Buy rating. Pulse Biosciences shares closed at $18.23 on Friday.
• Analysts at Stifel Nicolaus initiated coverage on New Fortress Energy LLC NFE with a Buy rating. The price target for Biogen is set to $27. New Fortress Energy shares closed at $14.00 on Friday.
• Analysts at Jefferies initiated coverage on Cronos Group Inc CRON with an Underperform rating. Cronos shares closed at $21.92 on Friday.