Benzinga's Top Upgrades, Downgrades For March 3, 2017

Top Upgrades

• Analysts at Jefferies upgraded Southwestern Energy Company SWN from Underperform to Hold. Southwestern Energy shares rose 1.45 percent to $7.70 in pre-market trading.
• Citigroup upgraded Expedia Inc EXPE from Sell to Neutral. Expedia shares gained 0.76 percent to $119.82 in pre-market trading.
• Analysts at UBS upgraded SCANA Corporation SCG from Neutral to Buy. SCANA shares rose 0.99 percent to $70.67 in pre-market trading.
• Analysts at Morgan Stanley upgraded Caleres Inc CAL from Equal-Weight to Overweight. Caleres shares rose 0.07 percent to $30.00 in pre-market trading.
• Argus Research upgraded National-Oilwell Varco, Inc. NOV from Hold to Buy. National Oilwell Varco shares fell 3.47 percent to close at $40.29 on Thursday.
• Analysts at JMP Securities upgraded Solaredge Technologies Inc SEDG from Market Perform to Market Outperform. SolarEdge Technologies shares rose 2.12 percent to close at $14.45 on Thursday.
• Bernstein upgraded Helmerich & Payne, Inc. HP from Market Perform to Outperform. Helmerich & Payne shares fell 2.06 percent to close at $68.47 on Thursday.
• Analysts at Bank of America upgraded Summit Hotel Properties Inc INN from Underperform to Buy. Summit Hotel Properties shares fell 0.26 percent to close at $15.44 on Thursday.
• Telsey Advisory Group upgraded Burlington Stores Inc BURL from Market Perform to Outperform. Burlington shares rose 0.43 percent to $95.00 in pre-market trading.
• DA Davidson upgraded Greif, Inc. GEF from Underperform to Neutral. Greif shares fell 11.77 percent to close at $53.21 on Thursday.

Top Downgrades

• Morgan Stanley downgraded Nutanix Inc NTNX from Equal-Weight to Underweight. Nutanix shares dropped 18 percent to $25.51 in pre-market trading.
• Argus Research downgraded Palo Alto Networks Inc PANW from Buy to Hold. Palo Alto shares rose 0.45 percent to $117.01 in pre-market trading.
• Craig-Hallum downgraded Immersion Corporation IMMR from Buy to Hold. Immersion shares fell 19.6 percent to $8.60 in pre-market trading.
• Analysts at Barclays downgraded PTC Therapeutics, Inc. PTCT from Overweight to Equal-Weight. PTC Therapeutics shares rose 2.55 percent to $10.85 in pre-market trading.
• Analysts at Bank of America downgraded Sunstone Hotel Investors Inc SHO from Buy to Neutral. Sunstone Hotel Investors shares fell 0.74 percent to close at $14.75 on Thursday.
• Stifel Nicolaus downgraded Kite Pharma Inc KITE from Buy to Hold. Kite Pharma shares fell 1.1 percent to $74.30 in pre-market trading.
• Macquarie downgraded Speedway Motorsports, Inc. TRK from Neutral to Underperform. Speedway Motorsports shares fell 3.93 percent to close at $20.28 on Thursday.
• Argus Research downgraded Southern Co SO from Buy to Hold. Southern shares rose 0.52 percent to close at $50.32 on Thursday.
• Bank of America downgraded Ciena Corporation CIEN from Buy to Neutral. Ciena shares slipped 1.5 percent to $26.00 in pre-market trading.
• Analysts at JP Morgan downgraded Harmony Gold Mining Co. (ADR) HMY from Overweight to Underweight. Harmony Gold shares fell 0.84 percent to $2.37 in pre-market trading.

Top Initiations

• Analysts at Susquehanna initiated coverage on Snap Inc SNAP with a Neutral rating. The price target for Snap is set to $22. Snap shares closed at $24.48 on Thursday.
• Analysts at Raymond James initiated coverage on HMS Holdings Corp HMSY with an Outperform rating. The price target for HMS Holdings is set to $23. HMS Holdings shares closed at $18.97 on Thursday.
• Analysts at Mizuho initiated coverage on Paylocity Holding Corp PCTY with a Neutral rating. The price target for Paylocity Holding is set to $35. Paylocity Holding shares closed at $36.34 on Thursday.
• Analysts at Citigroup initiated coverage on GoPro Inc GPRO with a Sell rating. The price target for GoPro is set to $8. GoPro shares closed at $9.27 on Thursday.
• Analysts at Piper Jaffray assumed coverage on RH RH with a Neutral rating. The price target for RH is set to $35. RH shares closed at $31.21 on Thursday.
• Analysts at Mizuho initiated coverage of The Ultimate Software Group, Inc. ULTI with a Neutral rating. Ultimate Software shares closed at $194.03 on Thursday.
• Analysts at Goldman Sachs initiated coverage of Clean Harbors Inc CLH with a Neutral rating. Clean Harbors shares closed at $57.26 on Thursday.
• Analysts at Cowen & Co. initiated coverage on GATX Corporation GATX with a Market Perform rating. The price target for GATX is set to $62. GATX shares closed at $58.37 on Thursday.
• Mizuho initiated coverage on Paycom Software Inc PAYC with a Buy rating. The price target for Paycom Software is set to $64. Paycom Software shares closed at $55.20 on Thursday.
• Goldman Sachs initiated coverage on Covanta Holding Corp CVA with a Sell rating. Covanta shares closed at $16.30 on Thursday.