Benzinga's Top Upgrades, Downgrades For February 17, 2017

Top Upgrades

• Analysts at BMO Capital upgraded MDC Partners Inc MDCA from Market Perform to Outperform. MDC Partners shares rose 1.69 percent to $9.00 in pre-market trading.
• Analysts at Goldman Sachs upgraded Owens Corning OC from Neutral to Buy. Owens-Corning shares fell 0.47 percent to close at $57.22 on Thursday.
• Analysts at Atlantic Equities upgraded Macy's Inc M from Neutral to Overweight. Macy's shares fell 0.31 percent to $31.72 in pre-market trading.
• Piper Jaffray upgraded Workday Inc WDAY from Neutral to Overweight. Workday shares fell 1.79 percent to close at $85.50 on Thursday.
• Analysts at Jefferies upgraded Arista Networks Inc ANET from Underperform to Hold. Arista shares fell 0.50 percent to close at $100.17 on Thursday.
• Evercore ISI Group upgraded Copa Holdings, S.A. CPA from Sell to Hold. Copa shares rose 6.18 percent to close at $104.93 on Thursday.
• Analysts at Goldman Sachs upgraded Capital One Financial Corp. COF from Neutral to Buy. Capital One shares fell 0.46 percent to close at $90.51 on Thursday.
• Baird upgraded Pool Corporation POOL from Market Perform to Outperform. Pool shares gained 1.86 percent to close at $114.39 on Thursday.
• KLR Group upgraded Cimarex Energy Co XEC from Hold to Buy. Cimarex Energy shares dropped 0.97 percent to close at $133.06 on Thursday.

Top Downgrades

• Stifel Nicolaus downgraded CIRCOR International, Inc. CIR from Buy to Hold. Circor shares rose 13.27 percent to close at $71.80 on Thursday.
• Argus Research downgraded Hain Celestial Group Inc HAIN from Buy to Hold. Hain Celestial shares fell 1.48 percent to $33.95 in pre-market trading.
• JP Morgan downgraded TTM Technologies, Inc. TTMI from Overweight to Neutral. TTM Technologies shares dropped 0.11 percent to close at $17.46 on Thursday.
• KeyBanc downgraded CIRCOR International, Inc. CIR from Overweight to Sector Weight. Circor shares climbed 13.27 percent to close at $71.80 on Thursday.
• Piper Jaffray downgraded Build-A-Bear Workshop, Inc BBW from Overweight to Neutral. Build-A-Bear shares fell 8.6 percent to $8.55 in pre-market trading.
• Credit Suisse downgraded Hertz Global Holdings, Inc HTZ from Neutral to Underperform. Hertz Global shares fell 3.7 percent to $20.86 in pre-market trading.
• Analysts at Goldman Sachs downgraded Illinois Tool Works Inc. ITW from Neutral to Sell. Illinois Tool Works shares fell 2.5 percent to $127.00 in pre-market trading.
• Analysts at Credit Suisse downgraded Avis Budget Group Inc. CAR from Outperform to Neutral. Avis Budget shares fell 1.4 percent to $35.26 in pre-market trading.
• RBC Capital downgraded Genesis Energy, L.P. GEL from Outperform to Sector Perform. Genesis Energy shares dropped 0.9 percent to $35.40 in pre-market trading.

Top Initiations

• Analysts at Citigroup initiated coverage on Open Text Corp (USA) OTEX with a Neutral rating. The price target for Open Text is set to $36. Open Text shares closed at $33.96 on Thursday.
• Analysts at Raymond James initiated coverage on Nextera Energy Partners LP NEP with an Outperform rating. The price target for Nextera Energy Partners is set to $35. Nextera Energy Partners shares closed at $30.90 on Thursday.
• Analysts at Jefferies initiated coverage on Arch Coal, Inc. Class A ARCH with a Buy rating. The price target for Arch Coal is set to $90. Arch Coal shares closed at $72.11 on Thursday.
• Analysts at Baird initiated coverage on Celanese Corporation CE with an Outperform rating. The price target for Celanese is set to $105. Celanese shares closed at $89.03 on Thursday.
• Analysts at Citigroup initiated coverage on Square Inc SQ with a Buy rating. The price target for Square is set to $20. Square shares closed at $13.89 on Thursday.
• Analysts at Janney Capital initiated coverage of Middlesex Water Company MSEX with a Neutral rating. The price target for Middlesex Water is set to $39. Middlesex Water shares closed at $36.20 on Thursday.
• Keefe Bruyette & Woods initiated coverage on Lazard Ltd LAZ with an Outperform rating. Lazard shares closed at $43.59 on Thursday.