Benzinga's Top Upgrades, Downgrades For April 22, 2019

Top Upgrades

• Analysts at Raymond James upgraded Rent-A-Center Inc RCII from Outperform to Strong Buy. Rent-A-Center shares rose 0.33 percent to close at $21.37 on Thursday.
• Analysts at JP Morgan upgraded Neurocrine Biosciences, Inc. NBIX from Neutral to Overweight. Neurocrine Biosciences shares fell 3.34 percent to close at $78.43 on Thursday.
• SunTrust Robinson Humphrey upgraded Manhattan Associates, Inc. MANH from Hold to Buy. Manhattan Associates shares rose 3 percent to $59.02 in pre-market trading.
• Bank of America upgraded IPG Photonics Corporation IPGP from Neutral to Buy. IPG Photonics shares rose 0.99 percent to close at $175.48 on Thursday.
• Needham upgraded Caleres Inc CAL from Hold to Buy. Caleres shares rose 1.55 percent to close at $27.55 on Thursday.
• B. Riley FBR upgraded Lam Research Corporation LRCX from Neutral to Buy. Lam Research shares rose 0.9 percent to $196.42 in pre-market trading.
• JP Morgan upgraded Viavi Solutions Inc VIAV from Underweight to Neutral. Viavi Solutions shares fell 1.01 percent to close at $12.69 on Thursday.

Top Downgrades

• JP Morgan downgraded Sensata Technologies Holding PLC ST from Overweight to Neutral. Sensata shares rose 1.49 percent to close at $51.25 on Thursday.
• Bank of America downgraded NiSource Inc. NI from Buy to Neutral. NiSource shares fell 0.7 percent to $27.37 in pre-market trading.
• Seaport Global downgraded ONEOK, Inc. OKE from Buy to Neutral. ONEOK shares fell 0.1 percent to $69.07 in pre-market trading.
• KeyBanc downgraded Autoliv Inc. ALV from Overweight to Sector Weight. Autoliv shares rose 1.46 percent to close at $86.75 on Thursday.
• Evercore ISI Group downgraded Tesla Inc TSLA from In-Line to Underperform. Tesla shares fell 1.7 percent to $268.57 in pre-market trading.
• PiperJaffray downgraded Santander Consumer USA Holdings Inc SC from Overweight to Neutral. Santander Consumer shares fell 0.75 percent to close at $22.53 on Thursday.
• Mizuho downgraded Occidental Petroleum Corporation OXY from Buy to Neutral. Occidental Petroleum shares rose 0.6 percent to $62.20 in pre-market trading.
• Citigroup downgraded GrafTech International Ltd EAF from Buy to Sell. GrafTech International shares fell 0.36 percent to close at $13.93 on Thursday.
• Keefe Bruyette & Woods downgraded D. R. Horton Inc DHI from Outperform to Market Perform. D.R. Horton shares rose 1.42 percent to close at $46.42 on Thursday.
• Baird downgraded Dover Corp DOV from Outperform to Neutral. Dover shares rose 1.01 percent to close at $97.78 on Thursday.

Top Initiations

• Jefferies initiated coverage on Six Flags Entertainment Corp SIX with a Hold rating. The price target for Six Flags is set to $56. Six Flags shares closed at $50.65 on Thursday.
• Analysts at Ascendiant Capital initiated coverage on Outlook Therapeutics, Inc. GHM with a Buy rating. Outlook Therapeutics closed at $1.59 on Thursday.
• Barclays initiated coverage on Retrophin Inc RTRX with an Overweight rating. The price target for Retrophin is set to $36. Retrophin shares closed at $20.05 on Thursday.
• JP Morgan initiated coverage on Precision BioSciences Inc DTIL with an Overweight rating. The price target for Precision BioSciences is set to $23. Precision BioSciences shares closed at $12.18 on Thursday.
• Analysts at B. Riley FBR initiated coverage on Agenus Inc AGEN with a Buy rating. The price target for Agenus is set to $5. Agenus shares closed at $2.53 on Thursday.
• Barclays initiated coverage on Watford Hldg Ltd WTRE with an Equal-Weight rating. The price target for Watford Hldg is set to $29. Watford Hldg shares closed at $28.15 on Thursday.