Benzinga's Top Upgrades, Downgrades For June 30, 2017

Top Upgrades

• Analysts at Loop Capital upgraded Mantech International Corp MANT from Hold to Buy. Mantech shares fell 1.05 percent to close at $39.41 on Thursday.
• Bank of America's Doug Leggate upgraded Cabot Oil & Gas Corporation COG from Neutral to Buy. Cabot Oil shares gained 0.77 percent to $25.01 in pre-market trading.
• Raymond James' Lawrence Keusch upgraded Becton Dickinson and Co BDX from Outperform to Strong Buy. Becton Dickinson shares fell 0.86 percent to close at $193.23 on Thursday.
• Analysts at Ladenburg Thalmann upgraded Oxford Lane Capital Corp OXLC from Neutral to Buy. Oxford Lane Capital shares rose 0.21 percent to close at $9.70 on Thursday.
• Needham & Company upgraded Walgreens Boots Alliance Inc WBA from Hold to Buy. Walgreens shares gained 1.66 percent to close at $78.37 on Thursday.
• Analysts at Raymond James' Buck Horne upgraded D.R. Horton, Inc. DHI from Market Perform to Outperform. D.R. Horton shares fell 1.40 percent to close at $33.79 on Thursday.
• Goldman Sachs' Eugene King upgraded Gold Fields Limited (ADR) GFI from Sell to Neutral. Gold Fields shares rose 1.17 percent to $3.45 in pre-market trading.

Top Downgrades

• Bank of America downgraded AmerisourceBergen Corp. ABC from Buy to Neutral. AmerisourceBergen shares fell 0.55 percent to $95.23 in pre-market trading.
• Analysts at BTIG Research downgraded Celgene Corporation CELG from Buy to Neutral. Celgene shares declined 0.04 percent to $131.65 in pre-market trading.
• Morgan Stanley downgraded 58.com Inc (ADR) WUBA from Equal-Weight to Underweight. 58.com shares fell 6.46 percent to $41.53 in pre-market trading.
• Analysts at Deutsche Bank downgraded Vipshop Holdings Ltd - ADR VIPS from Buy to Hold. Vipshop shares dropped 1.99 percent to $11.30 in pre-market trading.
• Janney Capital downgraded Cara Therapeutics Inc CARA from Buy to Neutral. Cara Therapeutics shares dropped 29.05 percent to $18.10 in pre-market trading.
• Stifel Nicolaus downgraded Windtree Therapeutics Inc WINT from Buy to Hold. Windtree Therapeutics shares slipped 0.01 percent to close at $0.850 on Thursday.
• Bank of America downgraded Re/Max Holdings Inc RMAX from Neutral to Underperform. RE/MAX shares fell 0.52 percent to close at $57.75 on Thursday.
• BTIG Research downgraded bluebird bio Inc BLUE from Buy to Neutral. bluebird bio shares dropped 1.39 percent to $106.75 in pre-market trading.

Top Initiations

• Morgan Stanley initiated coverage of World Wrestling Entertainment, Inc. WWE with an Equal-Weight rating. The price target for World Wrestling is set to $23. World Wrestling shares closed at $20.54 on Thursday.
• Analysts at Credit Suisse initiated coverage on CyrusOne Inc CONE with an Outperform rating. The price target for CyrusOne is set to $73. CyrusOne shares closed at $54.90 on Thursday.
• Evercore ISI Group initiated coverage on Dermira Inc DERM with an Outperform rating. The price target for Dermira is set to $48. Dermira shares closed at $28.73 on Thursday.
• Analysts at DA Davidson initiated coverage on Applied Optoelectronics Inc AAOI with a Buy rating. The price target for Applied Optoelectronics is set to $95. Applied Optoelectronics shares closed at $60.00 on Thursday.
• Wedbush initiated coverage on Albireo Pharma, Inc. ALBO with an Outperform rating. The price target for Albireo Pharma is set to $58. Bio Albireo Pharma Telemetry shares closed at $17.74 on Thursday.
• Analysts at RBC Capital initiated coverage on Waddell & Reed Financial, Inc. WDR with an Underperform rating. The price target for Waddell & Reed is set to $17. Waddell & Reed shares closed at $19.18 on Thursday.
• Cantor Fitzgerald initiated coverage on Intuitive Surgical, Inc. ISRG with a Neutral rating. The price target for Intuitive Surgical is set to $1,000. Intuitive Surgical shares closed at $930.50 on Thursday.
• Canaccord Genuity initiated coverage on Coach Inc COH with a Buy rating. The price target for Coach is set to $59. Coach shares closed at $46.86 on Thursday.
• Analysts at BMO Capital initiated coverage of Waste Management, Inc. WM with an Outperform rating. The price target for Waste Management is set to $81. Waste Management shares closed at $73.02 on Thursday.
• Analysts at Cantor Fitzgerald initiated coverage on Stryker Corporation SYK with a Neutral rating. The price target for Stryker is set to $153. Stryker shares closed at $138.81 on Thursday.