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

Top Upgrades

• Analysts at Deutsche Bank upgraded Mondelez International Inc MDLZ from Hold to Buy. Mondelez shares rose 3.27 percent to $45.20 in pre-market trading.
• Analysts at Citigroup upgraded Frontier Communications Corp FTR from Sell to Neutral. Frontier Communications shares dropped 11.34 percent to $1.72 in pre-market trading.
• Analysts at Jefferies upgraded Helmerich & Payne, Inc. HP from Underperform to Hold. Helmerich & Payne shares fell 0.12 percent to close at $58.72 on Tuesday.
• JP Morgan upgraded Array Biopharma Inc ARRY from Neutral to Overweight. Array BioPharma shares climbed 3.67 percent to $7.63 in pre-market trading.
• William Blair upgraded FireEye Inc FEYE from Market Perform to Outperform. FireEye shares surged 15.32 percent to $14.08 in pre-market trading.
• Goldman Sachs upgraded McDonald's Corporation MCD from Neutral to Buy. McDonald's shares rose 0.67 percent to $142.17 in pre-market trading.
• Axiom Capital upgraded First Solar, Inc. FSLR from Sell to Hold. First Solar shares gained 8.01 percent to $32.75 in pre-market trading.
• Analysts at SunTrust Robinson Humphrey upgraded Oasis Petroleum Inc. OAS from Neutral to Buy. Oasis Petroleum shares rose 2.23 percent to $11.90 in pre-market trading.
• Mizuho upgraded Amedisys Inc AMED from Neutral to Buy. Amedisys shares gained 1.63 percent to close at $56.09 on Tuesday.
• Eight Capital upgraded Shopify Inc (US) SHOP from Neutral to Buy. Shopify shares slipped 1.18 percent to $82.00 in pre-market trading.

Top Downgrades

• Guggenheim downgraded Synchrony Financial SYF from Buy to Neutral. Synchrony Financial shares dropped 3.5 percent to $27.86 in pre-market trading.
• Compass Point downgraded Fidelity National Information Servcs Inc FIS from Buy to Neutral. Fidelity National shares fell 1.37 percent to close at $83.26 on Tuesday.
• Analysts at Macquarie downgraded Anadarko Petroleum Corporation APC from Outperform to Neutral. Anadarko Petroleum shares fell 5.12 percent to $53.40 in pre-market trading.
• Wells Fargo downgraded Charter Communications, Inc. CHTR from Outperform to Market Perform. Charter Communications shares fell 1.87 percent to close at $337.69 on Tuesday.
• Pacific Crest downgraded Twilio Inc TWLO from Overweight to Sector Weight. Twilio shares slipped 32.2 percent to $23.34 in pre-market trading.
• Raymond James downgraded Genomic Health, Inc. GHDX from Outperform to Market Perform. Genomic Health shares dropped 2.4 percent to close at $32.91 on Tuesday.
• Analysts at SunTrust Robinson Humphrey downgraded Akamai Technologies, Inc. AKAM from Buy to Hold. Akamai shares dropped 14.2 percent to $53.64 in pre-market trading.
• BMO Capital downgraded Bristol-Myers Squibb Co BMY from Market Perform to Underperform. Bristol-Myers shares fell 0.84 percent to $55.48 in pre-market trading.
• JP Morgan downgraded Verisk Analytics, Inc. VRSK from Overweight to Neutral. Verisk Analytics shares dropped 8.65 percent to $75.00 in pre-market trading.
• William Blair downgraded Potbelly Corp PBPB from Outperform to Market Perform. Potbelly shares fell 14.1 percent to $11.90 in pre-market trading.

Top Initiations

• Analysts at Susquehanna initiated coverage of Carvana Co CVNA with a Neutral rating. The price target for Carvana is set to $10. Carvana shares closed at $10.10 on Tuesday.
• Analysts at Baird initiated coverage on LCI Industries LCII with an Outperform rating. The price target for LCI Industries is set to $118. LCI Industries shares closed at $101.25 on Tuesday.
• Analysts at Cowen & Co. initiated coverage on Viveve Medical Inc VIVE with an Outperform rating. The price target for Viveve Medical is set to $11. Viveve Medical shares closed at $8.09 on Tuesday.
• Analysts at Mizuho initiated coverage on Hi-Crush Partners LP HCLP with a Buy rating. The price target for Hi-Crush Partners is set to $20. Hi-Crush Partners shares closed at $14.70 on Tuesday.
• Analysts at Deutsche Bank initiated coverage on C&J Energy Services, Inc. CJ with a Buy rating. The price target for C&J Energy is set to $43. C&J Energy shares closed at $29.96 on Tuesday.
• Analysts at William Blair initiated coverage of Bob Evans Farms Inc BOBE with an Outperform rating. Bob Evans Farms shares closed at $68.00 on Tuesday.
• Analysts at Wells Fargo initiated coverage on Apple Hospitality REIT Inc APLE with a Market Perform rating. Apple Hospitality REIT shares closed at $19.00 on Tuesday.
• Ladenburg Thalmann initiated coverage on EnteroMedics Inc ETRM with a Buy rating. The price target for EnteroMedics is set to $11. EnteroMedics shares closed at $4.17 on Tuesday.