Benzinga's Top Upgrades, Downgrades For May 10, 2017

Top Upgrades

  • Analysts at Wedbush upgraded Lumber Liquidators Holdings Inc (NYSE:LL) from Neutral to Outperform. Lumber Liquidators shares rose 3.73 percent to $22.50 in pre-market trading.
  • Compass Point upgraded Maiden Holdings, Ltd. (NASDAQ:MHLD) from Neutral to Buy. Maiden Holdings shares dropped 7.20 percent to close at $10.95 on Tuesday.
  • Analysts at Bernstein upgraded Energy Transfer Equity LP (NYSE:ETE) from Market Perform to Outperform. Energy Transfer Equity shares rose 0.34 percent to $17.51 in pre-market trading.
  • Analysts at BTIG Research upgraded Insulet Corporation (NASDAQ:PODD) from Neutral to Buy. Insulet shares dropped 4.11 percent to close at $39.67 on Tuesday.
  • Analysts at PiperJaffray upgraded Depomed Inc (NASDAQ:DEPO) from Underweight to Neutral. Depomed shares slipped 13.32 percent to $9.50 in pre-market trading.
  • Raymond James upgraded EOG Resources Inc (NYSE:EOG) from Market Perform to Outperform. EOG Resources shares slipped 0.05 percent to close at $91.64 on Tuesday.
  • Goldman Sachs upgraded Coach Inc (NYSE:COH) from Neutral to Buy. Coach shares rose 1.73 percent to $45.98 in pre-market trading.
  • Credit Suisse upgraded IAMGOLD Corp (USA) (NYSE:IAG) from Underperform to Neutral. Iamgold shares climbed 8.06 percent to $4.02 in pre-market trading.
  • JP Morgan upgraded Occidental Petroleum Corporation (NYSE:OXY) from Underweight to Neutral. Occidental Petroleum shares declined 1.19 percent to close at $59.88 on Tuesday.
  • Vertical Research upgraded Northrop Grumman Corporation (NYSE:NOC) from Hold to Buy. Northrop Grumman shares rose 0.20 percent to $250.00 in pre-market trading.

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Top Downgrades

  • Cowen & Co. downgraded United States Steel Corporation (NYSE:X) from Outperform to Market Perform. United States Steel shares dropped 1.64 percent to $20.45 in pre-market trading.
  • RBC Capital downgraded Yelp Inc (NYSE:YELP) from Outperform to Sector Perform. Yelp shares fell 24.6 percent to $26.15 in pre-market trading.
  • Baird downgraded West Corp (NASDAQ:WSTC) from Outperform to Neutral. West shares fell 4 percent to $23.15 in pre-market trading.
  • Bernstein downgraded General Dynamics Corporation (NYSE:GD) from Outperform to Market Perform. General Dynamics shares fell 0.33 percent to $195.95 in pre-market trading.
  • Goldman Sachs downgraded Allergan plc (NYSE:AGN) from Buy to Neutral. Allergan shares slipped 1.39 percent to $235.20 in pre-market trading.
  • Raymond James downgraded Main Street Capital Corporation (NYSE:MAIN) from Market Perform to Underperform. Main Street Capital shares rose 0.53 percent to $40.10 in pre-market trading.
  • Pacific Crest downgraded Silver Spring Networks Inc (NYSE:SSNI) from Overweight to Sector Weight. Silver Spring Networks shares dropped 10.38 percent to $10.45 in pre-market trading.
  • Analysts at Wells Fargo downgraded Zebra Technologies Corp. (NASDAQ:ZBRA) from Outperform to Market Perform. Zebra Technologies shares rose 1.82 percent to close at $98.45 on Tuesday.
  • Analysts at Deutsche Bank downgraded Viacom, Inc. (NASDAQ:VIAB) from Hold to Sell. Viacom shares declined 0.80 percent to $35.94 in pre-market trading.
  • Citigroup downgraded M.D.C. Holdings, Inc. (NYSE:MDC) from Buy to Neutral. M.D.C. Holdings shares surged 10.97 percent to close at $34.10 on Tuesday.

  • Top Initiations

    Analysts at Dougherty initiated coverage of Castlight Health Inc (NYSE:CSLT) with a Buy rating. The price target for Castlight Health is set to $5.50. Castlight Health shares closed at $3.95 on Tuesday.

    Analysts at Citigroup initiated coverage on Magnachip Semiconductor Corp (NYSE:MX) with a Neutral rating. The price target for Magnachip Semiconductor is set to $10.50. Magnachip Semiconductor shares closed at $9.45 on Tuesday.

    Deutsche Bank initiated coverage of FactSet Research Systems Inc. (NYSE:FDS) with a Hold rating. The price target for FactSet is set to $160. FactSet shares closed at $162.64 on Tuesday.

    Analysts at Baird initiated coverage on Cadence Bancorp (NYSE:CADE) with an Outperform rating. The price target for Cadence Bancorp is set to $27. Cadence Bancorp shares closed at $21.99 on Tuesday.

    BTIG Research initiated coverage on Floor & Decor Holdings Inc (NYSE:FND) with a Buy rating. The price target for Floor & Decor is set to $42. Floor & Decor shares closed at $36.11 on Tuesday.

    Analysts at Baird initiated coverage on Semtech Corporation (NASDAQ:SMTC) with an Outperform rating. The price target for Semtech is set to $45. Semtech shares closed at $34.25 on Tuesday.

Posted In: UpgradesDowngradesInitiationAnalyst RatingsConsumer DiscretionaryDowngradesHome Improvement RetailInitiationstop upgrades