Benzinga's Top Upgrades, Downgrades For May 8, 2017

Top Upgrades

• Analysts at Canaccord Genuity upgraded Fluor Corporation (NEW) (NYSE: FLR) from Hold to Buy. Fluor shares dropped 4.71 percent to close at $48.18 on Friday.
• SunTrust Robinson Humphrey upgraded Tempur Sealy International Inc (NYSE: TPX) from Sell to Hold. Tempur Sealy shares rose 2.31 percent to close at $47.47 on Friday.
• Analysts at KLR Group upgraded Newfield Exploration Co. (NYSE: NFX) from Hold to Buy.. Newfield Exploration shares rose 2.79 percent to close at $34.59 on Friday.
• Analysts at Evercore ISI Group upgraded United Rentals, Inc. (NYSE: URI) from In-Line to Outperform. United Rentals shares rose 0.52 percent to $109.53 in pre-market trading.
• Analysts at BTIG Research upgraded T2 Biosystems Inc (NASDAQ: TTOO) from Sell to Neutral. T2 Biosystems shares rose 4.46 percent to close at $3.98 on Friday.
• Wells Fargo upgraded MFA Financial, Inc. (NYSE: MFA) from Underperform to Market Perform. MFA Financial shares climbed 0.88 percent to $7.99 in pre-market trading.
• Credit Suisse upgraded Genesis Energy, L.P. (NYSE: GEL) from Neutral to Outperform. Genesis Energy shares rose 0.10 percent to $31.00 in pre-market trading.
• Stifel Nicolaus upgraded Buckeye Partners, L.P. (NYSE: BPL) from Hold to Buy. Buckeye Partners shares rose 0.67 percent to close at $66.33 on Friday.
• Goldman Sachs upgraded Total System Services, Inc. (NYSE: TSS) from Neutral to Buy. Total System Services shares declined 0.14 percent to close at $57.46 on Friday.
• Wells Fargo upgraded Williams Companies Inc (NYSE: WMB) from Market Perform to Outperform. Williams Companies shares rose 0.17 percent to $30.30 in pre-market trading.

Top Downgrades

• Goldman Sachs downgraded Micron Technology, Inc. (NASDAQ: MU) from Buy to Neutral. Micron shares fell 2.4 percent to $27.52 in pre-market trading.
• DA Davidson downgraded Louisiana-Pacific Corporation (NYSE: LPX) from Buy to Neutral. Louisiana-Pacific shares fell 3.61 percent to close at $24.29 on Friday.
• Nomura downgraded NXP Semiconductors NV (NASDAQ: NXPI) from Buy to Neutral. NXP Semiconductors shares dropped 0.19 percent to close at $106.58 on Friday.
• Analysts at Bank of America downgraded LyondellBasell Industries NV (NYSE: LYB) from Neutral to Underperform. LyondellBasell Industries shares dropped 1.4 percent to $82.98 in pre-market trading.
• Wunderlich downgraded Hercules Capital Inc (NYSE: HTGC) from Buy to Hold. Hercules Capital shares dropped 3.08 percent to $12.60 in pre-market trading.
• Deutsche Bank downgraded Consolidated Edison, Inc. (NYSE: ED) from Hold to Sell. Consolidated Edison shares fell 0.98 percent to $79.03 in pre-market trading.

Top Initiations

• Analysts at RBC Capital initiated coverage of Yext Inc (NYSE: YEXT) with an Outperform rating. Yext shares closed at $13.91 on Friday.
• Analysts at Morgan Stanley initiated coverage on Warrior Met Coal LLC (NYSE: HCC) with an Overweight rating. Warrior Met Coal shares closed at $17.58 on Friday.
• Analysts at JP Morgan initiated coverage on Cadence Bancorp (NYSE: CADE) with an Overweight rating. Cadence Bancorp shares closed at $22.40 on Friday.
• Analysts at Jefferies initiated coverage on Netshoes (CAYMAN) Ltd (NYSE: NETS) with a Buy rating. Netshoes shares closed at $14.59 on Friday.
• Analysts at Wolfe Research initiated coverage on Molina Healthcare, Inc. (NYSE: MOH) with a Market Perform rating. Molina Healthcare shares closed at $66.43 on Friday.
• Analysts at Canaccord Genuity initiated coverage of Asure Software Inc (NASDAQ: ASUR) with a Buy rating. Asure Software shares closed at $11.21 on Friday.
• Analysts at Bank of America initiated coverage on Olin Corporation (NYSE: OLN) with a Buy rating. Olin shares closed at $29.72 on Friday.
• Stifel Nicolaus initiated coverage on Tocagen Inc (NASDAQ: TOCA) with a Buy rating. Tocagen shares closed at $17.40 on Friday.
• Analysts at Piper Jaffray initiated coverage on Yext Inc (NYSE: YEXT) with an Overweight rating. Yext shares closed at $13.91 on Friday.
• Raymond James initiated coverage on Cadence Bancorp (NYSE: CADE) with an Outperform rating. Cadence Bancorp shares closed at $22.40 on Friday.