Benzinga's Top Upgrades, Downgrades For January 17, 2017

Top Upgrades

• Analysts at JP Morgan upgraded American Express Company AXP from Neutral to Overweight. American Express shares gained 0.91 percent to $77.32 in pre-market trading.
• Analysts at Goldman Sachs upgraded Walt Disney Co DIS from Neutral to Buy. Disney shares gained 0.78 percent to $108.90 in pre-market trading.
• Jefferies upgraded Newfield Exploration Co. NFX from Hold to Buy. Newfield Exploration shares fell 1.41 percent to close at $41.90 on Friday.
• Analysts at Baird upgraded Albemarle Corporation ALB from Neutral to Outperform. Albemarle shares rose 0.27 percent to close at $94.00 on Friday.
• Goldman Sachs upgraded Yum China Holdings Inc YUMC from Neutral to Buy. Yum China shares fell 0.08 percent to close at $25.97 on Friday.
• Mizuho upgraded Netflix, Inc. NFLX from Neutral to Buy. Netflix shares rose 0.97 percent to $135.00 in pre-market trading.
• Morgan Stanley upgraded Boyd Gaming Corporation BYD from Equal-Weight to Overweight. Boyd Gaming shares fell 0.15 percent to close at $19.61 on Friday.
• Oppenheimer upgraded Agios Pharmaceuticals Inc AGIO from Perform to Outperform. Agios Pharmaceuticals shares rose 3.20 percent to $42.88 in pre-market trading.
• Analysts at Goldman Sachs upgraded FirstEnergy Corp. FE from Sell to Neutral. FirstEnergy shares fell 0.23 percent to close at $30.61 on Friday.
• Analysts at Leerink Swann upgraded AmerisourceBergen Corp. ABC from Market Perform to Outperform. AmerisourceBergen shares rose 0.91 percent to close at $84.62 on Friday.

Top Downgrades

• JP Morgan downgraded Chipotle Mexican Grill, Inc. CMG from Overweight to Neutral. Chipotle shares dropped 1.40 percent to $405.01 in pre-market trading.
• Morgan Stanley downgraded Brinker International, Inc. EAT from Equal-Weight to Underweight. Brinker shares fell 1.13 percent to close at $47.31 on Friday.
• Goldman Sachs downgraded PPL Corp PPL from Neutral to Sell. PPL shares fell 0.41 percent to close at $34.36 on Friday.
• UBS downgraded Twitter Inc TWTR from Buy to Neutral. Twitter shares fell 0.99 percent to $17.08 in pre-market trading.
• Jefferies downgraded Devon Energy Corp DVN from Buy to Hold. Devon Energy shares fell 0.02 percent to $46.40 in pre-market trading.
• Analysts at Keefe Bruyette & Woods downgraded JPMorgan Chase & Co. JPM from Outperform to Market Perform. JPMorgan shares fell 0.76 percent to $86.04 in pre-market trading.
• Stifel Nicolaus downgraded Nordstrom, Inc. JWN from Buy to Hold. Nordstrom shares dropped 2.71 percent to $43.00 in pre-market trading.
• Analysts at Susquehanna downgraded PPG Industries, Inc. PPG from Positive to Neutral. PPG shares declined 0.57 percent to close at $96.32 on Friday.
• Analysts at Avondale Partners downgraded MAXIMUS, Inc. MMS from Market Outperform to Market Perform. Maximus shares gained 1.53 percent to close at $58.50 on Friday.
• Raymond James downgraded Saia Inc SAIA from Strong Buy to Outperform. Saia shares gained 2.28 percent to close at $47.15 on Friday.

Top Initiations

• Analysts at Seaport Global Securities initiated coverage of International Seaways Inc INSW with a Buy rating. The price target for International Seaways is set to $20. International Seaways shares closed at $15.97 on Friday.
• Analysts at Roth Capital initiated coverage on TPI Composites Inc TPIC with a Buy rating. The price target for TPI Composites is set to $23. TPI Composites shares closed at $17.48 on Friday.
• Analysts at Bernstein initiated coverage on FMC Technologies, Inc. FTI with an Underperform rating. The price target for FMC Technologies is set to $27. FMC Technologies shares closed at $35.85 on Friday.
• Analysts at William Blair initiated coverage of RMR Group Inc RMR with an Outperform rating. RMR Group shares closed at $39.45 on Friday.
• Analysts at Canaccord Genuity initiated coverage on Kratos Defense & Security Solutions, Inc KTOS with a Buy rating. The price target for Kratos Defense is set to $10. Kratos Defense shares closed at $7.80 on Friday.
• Analysts at Credit Suisse initiated coverage on ASML Holding NV (ADR) ASML with a Neutral rating. ASML shares closed at $115.30 on Friday.
• Analysts at Morgan Stanley initiated coverage on Baidu Inc (ADR) BIDU with an Equal-Weight rating. The price target for Baidu is set to $185. Baidu shares closed at $176.48 on Friday.