Benzinga's Top Upgrades, Downgrades For March 26, 2019

Top Upgrades

• Analysts at Raymond James upgraded Bed Bath & Beyond Inc. BBBY from Market Perform to Strong Buy. Bed Bath & Beyond shares rose 20.9 percent to $16.77 in pre-market trading.
• William Blair upgraded Vertex Pharmaceuticals Incorporated VRTX from Market Perform to Outperform. Vertex Pharmaceuticals shares closed at $183.85 on Monday.
• Analysts at Macquarie upgraded Allegiant Travel Company ALGT from Neutral to Outperform. Allegiant Travel shares closed at $121.97 on Monday.
• Deutsche Bank upgraded BB&T Corporation BBT from Hold to Buy. BB&T shares rose 1.2 percent to $45.39 in pre-market trading.

Top Downgrades

• Roth Capital downgraded Conatus Pharmaceuticals Inc CNAT from Buy to Neutral. Conatus Pharmaceuticals shares closed at $1.20 on Monday.
• Goldman Sachs downgraded Tenaris SA TS from Neutral to Sell. Tenaris shares fell 0.6 percent to $28.80 in pre-market trading.
• Baird downgraded TIER REIT Inc TIER from Outperform to Neutral. Tier REIT shares closed at $27.26 on Monday.
• H.C. Wainwright downgraded Pointer Telocation Ltd PNTR from Buy to Neutral. Pointer Telocation shares closed at $15.72 on Monday.
• SunTrust Robinson Humphrey downgraded Criteo SA CRTO from Buy to Hold. Criteo shares fell 3.5 percent to $21.22 in pre-market trading.
• Nomura downgraded Cheetah Mobile Inc CMCM from Buy to Neutral. Cheetah Mobile shares closed at $7.01 on Monday.
• Barclays downgraded Public Storage PSA from Equal-Weight to Underweight. Public Storage shares closed at $224.24 on Monday.
• KeyBanc downgraded Criteo SA CRTO from Overweight to Sector Weight. Criteo shares fell 3.5 percent to $21.22 in pre-market trading.
• Wells Fargo downgraded Equity Lifestyle Properties, Inc. ELS from Outperform to Market Perform. Equity Lifestyle Props shares closed at $114.32 on Monday.

Top Initiations

• Oppenheimer initiated coverage on Dunkin Brands Group Inc DNKN with a Perform rating. Dunkin Brands shares closed at $72.42 on Monday.
• Maxim Group initiated coverage on Biocept Inc BIOC with a Buy rating. The price target for Biocept is set to $3. Biocept shares closed at $1.03 on Monday.
• Analysts at Mitsubishi UFJ initiated coverage on WP Carey Inc WPC with a Neutral rating. The price target for WP Carey is set to $78. WP Carey shares closed at $77.93 on Monday.
• Buckingham initiated coverage on nVent Electric PLC NVT with a Buy rating. The price target for nVent Electric is set to $30. nVent Electric shares closed at $26.21 on Monday.
• Analysts at Berenberg initiated coverage on Mosaic Co MOS with a Hold rating. Mosaic shares closed at $26.93 on Monday.
• Analysts at PiperJaffray initiated coverage on NVIDIA Corporation NVDA with an Overweight rating. The price target for NVIDIA set to $200. NVIDIA shares closed at $173.78 on Monday.
• Cantor Fitzgerald initiated coverage on Inovio Pharmaceuticals Inc INO with an Overweight rating. Inovio Pharmaceuticals shares closed at $3.62 on Monday.