Benzinga's Top Upgrades, Downgrades For June 11, 2019

Top Upgrades

• Bernstein upgraded Zimmer Biomet Holdings Inc ZBH from Underperform to Market Perform. Zimmer Biomet shares rose 0.8 percent to close at $121.71 on Monday.
• Analysts at JP Morgan upgraded Dollar Tree, Inc. DLTR from Neutral to Overweight. Dollar Tree rose 2.1 percent to $105.92 in pre-market trading.
• Analysts at H.C. Wainwright upgraded Sesen Bio Inc SESN from Neutral to Buy. Sesen Bio shares rose 2.6 percent to $1.95 in pre-market trading.
• Susquehanna upgraded LYFT Inc LYFT from Neutral to Positive. Lyft shares rose 3.8 percent to $58.90 in pre-market trading.
• Citigroup upgraded JetBlue Airways Corporation JBLU from Neutral to Buy. JetBlue shares rose 3 percent to $18.80 in pre-market trading.
• Barclays upgraded Novo Nordisk A/S NVO from Underweight to Equal-Weight. Novo Nordisk shares rose 1.3 percent to $51.85 in pre-market trading.
• KeyBanc upgraded Public Storage PSA from Underweight to Sector Weight. Public Storage fell 0.7 percent to close at $243.72 on Monday.
• Goldman Sachs upgraded Red Rock Resorts Inc RRR from Neutral to Buy. Red Rock Resorts rose 0.7 percent to close at $21.72 on Monday.
• Analysts at Roth Capital upgraded CECO Environmental Corp. CECE from Neutral to Buy. CECO Environmental shares rose 3.9 percent to $9.08 in pre-market trading.
• Goldman Sachs upgraded Shutterfly, Inc. SFLY from Sell to Neutral. Shutterfly shares fell 0.4 percent to $50.07 in pre-market trading.

Top Downgrades

• Maxim Group downgraded Denny's Corp DENN from Buy to Hold. Denny's shares rose 0.4 percent to close at $20.72 on Monday.
• Citigroup downgraded American Homes 4 Rent AMH from Buy to Neutral. American Homes 4 Rent shares fell 0.9 percent to $24.57 in pre-market trading.
• Atlantic Equities downgraded Wells Fargo & Co WFC from Neutral to Underweight. Wells Fargo shares rose 0.4 percent to $46.46 in pre-market trading.
• Vertical Research downgraded Raytheon Company RTN from Buy to Hold. Raytheon shares rose 0.3 percent to $187.80 in pre-market trading.
• Morgan Stanley downgraded Symantec Corporation SYMC from Equal-Weight to Underweight. Symantec fell 5.5 percent to $18.15 in pre-market trading.
• Credit Suisse downgraded Shell Midstream Partners LP SHLX from Neutral to Underperform. Shell Midstream shares rose 0.3 percent to close at $20.37 on Monday.
• SunTrust Robinson Humphrey downgraded Shutterfly, Inc. SFLY from Buy to Hold. Shutterfly shares fell 0.2 percent to $50.15 in pre-market trading.
• Deutsche Bank downgraded Tableau Software Inc DATA from Buy to Hold. Tableau Software shares rose 0.9 percent to $168.99 in pre-market trading.
• Nomura downgraded HDFC Bank Limited HDB from Buy to Neutral. HDFC Bank shares closed at $128.63 on Monday.
• JP Morgan downgraded Beyond Meat Inc BYND from Overweight to Neutral. Beyond Meat shares fell 12.2 percent to $147.61 in pre-market trading.

Top Initiations

• Analysts at Atlantic Equities initiated coverage on Live Nation Entertainment, Inc. LYV with an Overweight rating. The price target for Live Nation Entertainment is set to $75. Live Nation Entertainment shares closed at $61.75 on Monday.
• Analysts at Credit Suisse initiated coverage on Avantor Inc AVTR with an Outperform rating. The price target for Avantor is set to $20. Avantor shares closed at $17.30 on Monday.
• Analysts at Roth Capital initiated coverage on Gold Resource Corporation GORO with a Buy rating. The price target for Gold Resource is set to $6.50. Gold Resource closed at $2.80 on Monday.
• DA Davidson initiated coverage on Fastly Inc FSLY with a Buy rating. The price target for Fastly is set to $26.5. Fastly closed at $22.86 on Monday.
• Morgan Stanley initiated coverage on Luckin Coffee Inc - ADR LK with an Equal-Weight rating. The price target for Luckin Coffee is set to $21. Luckin Coffee shares closed at $18.45 on Monday.
• Wells Fargo initiated coverage on Teleflex Incorporated TFX with an Outperform rating. The price target for Teleflex is set to $345. Teleflex shares closed at $310.95 on Monday.
• Barclays initiated coverage on Allergan plc AGN with an Underweight rating. The price target for Allergan is set to $133. Allergan closed at $126.61 on Monday.
• Compass Point initiated coverage on Canopy Growth Corp CGC with a Neutral rating. Canopy Growth shares closed at $43.76 on Monday.
• Analysts at Piper Jaffray initiated coverage on Agilent Technologies Inc A with an Overweight rating. The price target for Agilent is set to $83. Agilent shares closed at $70.29 on Monday.
• Needham initiated coverage on FormFactor, Inc. FORM with a Buy rating. The price target for FormFactor is set to $19. FormFactor shares closed at $15.41 on Monday.