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

Top Upgrades

• Needham upgraded Micron Technology, Inc. MU from Hold to Buy. Micron shares rose 9% to $35.60 in pre-market trading.
• Northcoast Research upgraded Fiserv Inc FISV from Neutral to Buy. Fiserv rose 0.6% to $90.86 in pre-market trading.
• Analysts at SVB Leerink upgraded AbbVie Inc ABBV from Market Perform to Outperform. AbbVie shares rose 1.4% to $66.61 in pre-market trading.
• Bank of America upgraded Alliant Energy Corporation LNT from Neutral to Buy. Alliant Energy shares rose 1% to $50.28 in pre-market trading.
• Deutsche Bank upgraded Energizer Holdings Inc ENR from Hold to Buy. Energizer shares rose 1.3% to $38.00 in pre-market trading.
• Raymond James upgraded Williams Companies Inc WMB from Outperform to Strong Buy. Williams shares fell 1.3% to close at $26.79 on Tuesday.
• Analysts at Mizuho upgraded ConocoPhillips COP from Neutral to Buy. ConocoPhillips fell 1.2% to close at $59.77 on Tuesday.
• JP Morgan upgraded Eldorado Gold Corp EGO from Underweight to Neutral. Eldorado Gold fell 0.7% to close at $5.45 on Tuesday.
• RBC Capital upgraded AngloGold Ashanti Limited AU from Sector Perform to Outperform. Anglogold Ashanti fell 1.3% to $17.05 in pre-market trading.
• Analysts at Jefferies upgraded Upwork Inc UPWK from Hold to Buy. Upwork shares rose 3.5% to $15.61 in pre-market trading.

Top Downgrades

• UBS downgraded State Street Corp STT from Buy to Neutral. State Street rose 0.5% to close at $56.00 on Tuesday.
• Raymond James downgraded Kinder Morgan Inc KMI from Outperform to Market Perform. Kinder Morgan shares rose 0.7% to $20.72 in pre-market trading.
• Stifel Nicolaus downgraded Rollins, Inc. ROL from Hold to Sell. Rollins shares fell 4.5% to $35.00 in pre-market trading.
• Piper Jaffray downgraded NCS Multistage Holdings Inc NCSM from Overweight to Neutral. NCS Multistage shares fell 2.1% to $3.80 in pre-market trading.
• Goldman Sachs downgraded Mueller Water Products, Inc. MWA from Neutral to Sell. Mueller Water Products shares fell 0.8% to $9.75 in pre-market trading.
• Wells Fargo downgraded Parsons Corp PSN from Outperform to Market Perform. Parsons shares fell 0.1% to close at $36.75 on Tuesday.
• Raymond James downgraded Holly Energy Partners, L.P. HEP from Market Perform to Underperform. Holly Energy Partners shares fell 0.7% to $26.86 in pre-market trading.
• RBC Capital downgraded Gold Fields Limited GFI from Outperform to Sector Perform. Gold Fields shares fell 4.3% to $5.31 in pre-market trading.

Top Initiations

• Susquehanna initiated coverage on Liveramp Holdings Inc RAMP with a Positive rating. The price target for Liveramp is set to $70. Liveramp closed at $45.37 on Tuesday.
• Analysts at Maxim Group initiated coverage on Envision Solar International, Inc. EVSI with a Buy rating. The price target for Envision Solar is set to $9. Envision Solar shares closed at $5.11 on Tuesday.
• Analysts at H.C. Wainwright initiated coverage on Denali Therapeutics Inc DNLI with a Buy rating. The price target for Denali Therapeutics is set to $28. Denali Therapeutics closed at $20.20 on Tuesday.
• Analysts at SunTrust Robinson Humphrey initiated coverage on Renasant Corp. RNST with a Hold rating. The price target for Renasant is set to $37. Renasant shares closed at $34.81 on Tuesday.
• Citigroup initiated coverage on Starbucks Corporation SBUX with a Buy rating. The price target for Starbucks is set to $92. Starbucks shares closed at $83.65 on Tuesday.
• KeyBanc initiated coverage on Eiger Biopharmaceuticals Inc EIGR with an Overweight rating. The price target for Eiger Biopharmaceuticals is set to $22. Eiger Biopharmaceuticals shares closed at $10.72 on Tuesday.
• DA Davidson initiated coverage on WillScot Corp WSC with a Buy rating. The price target for WillScot is set to $19. WillScot shares closed at $14.19 on Tuesday.
• Analysts at Baird initiated coverage on Slack Technologies Inc WORK with an Outperform rating. The price target for Slack is set to $44. Slack shares closed at $35.20 on Tuesday.
• Goldman Sachs initiated coverage on Fox Corp FOXA with a Buy rating. The price target for Fox is set to $46. Fox closed at $35.34 on Tuesday.
• Rosenblatt initiated coverage on Virtu Financial Inc VIRT with a Buy rating. The price target for Virtu Financial is set to $29. Virtu Financial shares closed at $21.00 on Tuesday.