Benzinga's Top Upgrades, Downgrades For April 19, 2018

Top Upgrades

• Macquarie upgraded Sprint Corporation S from Underperform to Neutral. Sprint shares rose 0.84 percent to close at $6.00 on Wednesday.
• Deutsche Bank upgraded NovoCure Limited NVCR from Hold to Buy. Novocure shares rose 2.37 percent to close at $23.80 on Wednesday.
• Bank of America upgraded Textron Inc. TXT from Underperform to Buy. Textron shares closed at $63.99 on Wednesday.
• Longbow Research upgraded Diodes Incorporated DIOD from Neutral to Buy. Diodes shares closed at $31.34 on Wednesday.
• PiperJaffray upgraded iRobot Corporation IRBT from Neutral to Overweight. iRobot shares closed at $61.80 on Wednesday.
• Analysts at Argus upgraded Walmart Inc. WMT from Hold to Buy. Walmart shares closed at $87.57 on Wednesday.
• Credit Suisse upgraded Liberty Global plc LBTYA from Neutral to Outperform. Liberty Global closed at $32.08 on Tuesday.

Top Downgrades

• Analysts at Morgan Stanley downgraded Align Technology, Inc. ALGN from Overweight to Equal-Weight. Align Technology shares closed at $277.05 on Wednesday.
• Keefe Bruyette & Woods downgraded LegacyTexas Financial Group, Inc. LTXB from Outperform to Market Perform. LegacyTexas Financial shares fell 4.7 percent to close at $40.445 on Wednesday.
• Canaccord Genuity downgraded Aceto Corporation ACET from Buy to Sell. Aceto shares closed at $7.40 on Wednesday.
• Wells Fargo downgraded Essent Group Ltd. ESNT from Outperform to Market Perform. Essent shares closed at $36.89 on Wednesday.
• Societe Generale downgraded Patterson-UTI Energy, Inc. PTEN from Buy to Hold. Patterson-UTI Energy shares closed at $20.62 on Wednesday.
• Edward Jones downgraded ConocoPhillips COP from Buy to Hold. ConocoPhillips shares closed at $66.42 on Wednesday.
• B. Riley FBR downgraded Southern Copper Corporation SCCO from Buy to Neutral. Southern Copper shares closed at $57.34 on Wednesday.
• Raymond James downgraded Sleep Number Corporation SNBR from Outperform to Market Perform. Sleep Number shares closed at $36.51 on Wednesday.
• Argus downgraded ADTRAN, Inc. ADTN from Buy to Hold. Adtran shares closed at $14.95 on Wednesday.

Top Initiations

• Imperial Capital initiated coverage on Travelport Worldwide Limited TVPT with an Outperform rating. The price target for Travelport Worldwide is set to $21. Travelport Worldwide shares closed at $17.27 on Wednesday.
• Oppenheimer initiated coverage on 8x8, Inc. EGHT with an Outperform rating. The price target for 8x8 is set to $25. 8x8 shares closed at $19.50 on Tuesday.
• SunTrust Robinson Humphrey initiated coverage on EPAM Systems, Inc. EPAM with a Buy rating. The price target for EPAM Systems is set to $130. EPAM Systems shares closed at $117.97 on Tuesday.
• Analysts at Imperial Capital initiated coverage on Sabre Corporation SABR with an Outperform rating. The price target for Sabre is set to $30. Sabre shares closed at $20.42 on Wednesday.
• RBC Capital initiated coverage on NMI Holdings, Inc. NMIH with an Outperform rating. The price target for NMI Holdings is set to $18. NMI Holdings shares closed at $13.95 on Wednesday.