Benzinga's Top Upgrades, Downgrades For May 9, 2017

Top Upgrades

• Analysts at Atlantic Equities upgraded Mosaic Co MOS from Underweight to Neutral. Mosaic shares rose 0.38 percent to close at $23.54 on Monday.
• Bernstein upgraded JD.Com Inc(ADR) JD from Underperform to Market Perform. JD.com shares rose 0.96 percent to $38.92 in pre-market trading.
• Analysts at UBS upgraded Spirit AeroSystems Holdings, Inc. SPR from Neutral to Buy. Spirit AeroSystems shares fell 1.74 percent to close at $52.99 on Monday.
• Analysts at Credit Suisse upgraded Energy Transfer Partners LP ETP from Neutral to Outperform. Energy Transfer Partners shares rose 0.89 percent to $22.73 in pre-market trading.
• Analysts at Baird upgraded CDW Corp CDW from Neutral to Outperform. CDW shares rose 0.58 percent to $59.37 in pre-market trading.
• Jefferies upgraded Autoliv Inc. ALV from Hold to Buy. Autoliv shares climbed 1.04 percent to $103.77 in pre-market trading.
• KeyBanc upgraded Federal Signal Corporation FSS from Sector Weight to Overweight. Federal Signal shares rose 1.88 percent to close at $16.24 on Monday.
• Bank of America upgraded Essent Group Ltd ESNT from Underperform to Buy. Essent Group shares dropped 3.26 percent to close at $34.76 on Monday.

Top Downgrades

• Mizuho downgraded Horizon Pharma PLC HZNP from Buy to Neutral. Horizon Pharma shares rose 1.19 percent to $10.24 in pre-market trading.
• Wells Fargo downgraded Kate Spade & Co KATE from Outperform to Market Perform. Kate Spade shares rose 8.31 percent to close at $18.38 on Monday.
• BMO Capital downgraded Cisco Systems, Inc. CSCO from Outperform to Market Perform. Cisco shares fell 0.73 percent to $34.04 in pre-market trading.
• First Analysis downgraded ChannelAdvisor Corp ECOM from Overweight to Equal-Weight. ChannelAdvisor shares gained 2.61 percent to close at $11.80 on Monday.
• Analysts at DA Davidson downgraded Gigamon Inc GIMO from Buy to Neutral. Gigamon shares rose 0.36 percent to $41.35 in pre-market trading.
• Wedbush downgraded Kite Pharma Inc KITE from Neutral to Underperform. Kite Pharma shares dropped 0.7 percent to $70.50 in pre-market trading.
• Oppenheimer downgraded TherapeuticsMD Inc TXMD from Outperform to Perform. TherapeuticsMD shares fell 4.1 percent to $4.01 in pre-market trading.
• Stifel Nicolaus downgraded On Deck Capital Inc ONDK from Buy to Hold. On Deck Capital shares fell 6.90 percent to close at $4.32 on Monday.
• Analysts at Stephens & Co. downgraded Fiesta Restaurant Group Inc FRGI from Overweight to Equal-Weight. Fiesta Restaurant shares declined 5.34 percent to $23.05 in pre-market trading.
• Buckingham downgraded DSW Inc. DSW from Buy to Neutral. DSW shares dropped 2.34 percent to $20.42 in pre-market trading.

Top Initiations

• Analysts at Longbow Research initiated coverage of Nucor Corporation NUE with a Neutral rating. Nucor shares closed at $59.87 on Monday.
• Analysts at DA Davidson initiated coverage on NutriSystem Inc. NTRI with a Buy rating. The price target for NutriSystem is set to $64. NutriSystem shares closed at $49.00 on Monday.
• Gordon Haskett initiated coverage of Dollar Tree, Inc. DLTR with a Buy rating. The price target for Dollar Tree is set to $98. Dollar Tree shares closed at $82.29 on Monday.
• Analysts at Evercore ISI Group initiated coverage on Tocagen Inc TOCA with an Outperform rating. The price target for Tocagen is set to $28. Tocagen shares closed at $16.99 on Monday.
• Gordon Haskett initiated coverage on Costco Wholesale Corporation COST with an Accumulate rating. The price target for Costco is set to $191. Costco shares closed at $172.61 on Monday.
• Analysts at DA Davidson initiated coverage on Prestige Brands Holdings, Inc. PBH with a Buy rating. The price target for Prestige Brands is set to $79. Prestige Brands shares closed at $56.11 on Monday.
• Gordon Haskett initiated coverage on Wal-Mart Stores Inc WMT with a Buy rating. The price target for Wal-Mart is set to $90. Wal-Mart shares closed at $76.12 on Monday.
• Gordon Haskett initiated coverage on Macy's Inc M with a Hold rating. The price target for Macy's is set to $29. Macy's shares closed at $28.67 on Monday.