Benzinga's Top Upgrades, Downgrades For May 22, 2017

Top Upgrades

• Analysts at Monness Crespi Hardt upgraded Finish Line Inc FINL from Neutral to Buy. Finish Line shares climbed 1.44 percent to $14.07 in pre-market trading.
• Analysts at Citigroup upgraded Blackstone Group LP BX from Neutral to Buy. Blackstone shares gained 5.22 percent to $31.43 in pre-market trading.
• Raymond James upgraded Plains All American Pipeline, L.P. PAA from Market Perform to Outperform. Plains All American shares rose 2.24 percent to close at $27.83 on Friday.
• Analysts at Longbow Research upgraded Toro Co TTC from Underperform to Neutral. Toro shares gained 1.56 percent to close at $66.58 on Friday.
• Goldman Sachs upgraded Nutanix Inc NTNX from Neutral to Buy. Nutanix shares rose 8.44 percent to $17.35 in pre-market trading.
• Analysts at JMP Securities upgraded Cree, Inc. CREE from Market Perform to Market Outperform. Cree shares rose 2.1 percent to $23.57 in pre-market trading.
• Stifel Nicolaus upgraded Ciena Corporation CIEN from Hold to Buy. Ciena shares rose 1.19 percent to close at $22.95 on Friday.
• JP Morgan upgraded QUALCOMM, Inc. QCOM from Neutral to Overweight. Qualcomm shares rose 1.96 percent to $58.80 in pre-market trading.
• Raymond James upgraded Motorola Solutions Inc MSI from Market Perform to Outperform. Motorola Solutions shares gained 0.62 percent to $81.33 in pre-market trading.
• B. Riley upgraded Genesco Inc. GCO from Neutral to Buy. Genesco shares declined 6.15 percent to close at $45.05 on Friday.

Top Downgrades

• JP Morgan downgraded Centene Corp CNC from Overweight to Neutral. Centene shares fell 0.60 percent to $74.62 in pre-market trading.
• DA Davidson downgraded Arista Networks Inc ANET from Buy to Neutral. Arista Networks shares declined 0.05 percent to $144.00 in pre-market trading.
• Baird downgraded Zoe's Kitchen Inc ZOES from Outperform to Neutral. Zoe's Kitchen shares slipped 2.20 percent to $17.78 in pre-market trading.
• Barclays downgraded Momenta Pharmaceuticals, Inc. MNTA from Overweight to Equal-Weight. Momenta Pharmaceuticals shares fell 2.51 percent to close at $15.55 on Friday.
• Citigroup downgraded Penntex Midstream Partners LP PTXP from Buy to Neutral. PennTex Midstream shares fell 0.35 percent to $19.81 in pre-market trading.

Top Initiations

• Deutsche Bank initiated coverage on Uniti Group Inc UNIT with a Buy rating. The price target for Uniti Group is set to $28. Uniti Group shares closed at $24.10 on Friday.
• Goldman Sachs initiated coverage on Floor & Decor Holdings Inc FND with a Neutral rating. The price target for Floor & Decor is set to $25. Floor & Decor shares closed at $37.05 on Friday.
• Analysts at Wedbush initiated coverage of Verona Pharma plc VRNA with an Outperform rating. The price target for Verona Pharma is set to $25. Verona Pharma shares closed at $13.52 on Friday.
• Piper Jaffray initiated coverage on Floor & Decor Holdings Inc FND with a Neutral rating. The price target for Floor & Decor Holdings is set to $40. Floor & Decor shares closed at $37.05 on Friday.
• Stifel Nicolaus initiated coverage of Verona Pharma plc VRNA with a Buy rating. The price target for Verona Pharma is set to $22. Verona Pharma shares closed at $13.52 on Friday.
• Analysts at Craig-Hallum initiated coverage on Carvana Co CVNA with a Buy rating. The price target for Carvana is set to $16. Carvana shares closed at $11.40 on Friday.
• Analysts at Barclays initiated coverage on Floor & Decor Holdings Inc FND with an Overweight rating. The price target for Floor & Decor Holdings is set to $50. Floor & Decor shares closed at $37.05 on Friday.