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

Top Upgrades

  • Analysts at Canaccord Genuity upgraded Fluor Corporation (NEW) 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 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. 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. 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 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. 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. 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. 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. 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 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. MU from Buy to Neutral. Micron shares fell 2.4 percent to $27.52 in pre-market trading.
  • DA Davidson downgraded Louisiana-Pacific Corporation LPX from Buy to Neutral. Louisiana-Pacific shares fell 3.61 percent to close at $24.29 on Friday.
  • Nomura downgraded NXP Semiconductors NV 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 LYB from Neutral to Underperform. LyondellBasell Industries shares dropped 1.4 percent to $82.98 in pre-market trading.
  • Wunderlich downgraded Hercules Capital Inc 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. 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 YEXT with an Outperform rating. Yext shares closed at $13.91 on Friday.
  • Analysts at Morgan Stanley initiated coverage on Warrior Met Coal LLC HCC with an Overweight rating. Warrior Met Coal shares closed at $17.58 on Friday.
  • Analysts at JP Morgan initiated coverage on Cadence Bancorp CADE with an Overweight rating. Cadence Bancorp shares closed at $22.40 on Friday.
  • Analysts at Jefferies initiated coverage on Netshoes (CAYMAN) Ltd NETS with a Buy rating. Netshoes shares closed at $14.59 on Friday.
  • Analysts at Wolfe Research initiated coverage on Molina Healthcare, Inc. 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 ASUR with a Buy rating. Asure Software shares closed at $11.21 on Friday.
  • Analysts at Bank of America initiated coverage on Olin Corporation OLN with a Buy rating. Olin shares closed at $29.72 on Friday.
  • Stifel Nicolaus initiated coverage on Tocagen Inc TOCA with a Buy rating. Tocagen shares closed at $17.40 on Friday.
  • Analysts at Piper Jaffray initiated coverage on Yext Inc YEXT with an Overweight rating. Yext shares closed at $13.91 on Friday.
  • Raymond James initiated coverage on Cadence Bancorp CADE with an Outperform rating. Cadence Bancorp shares closed at $22.40 on Friday.
Posted In: DowngradesForest ProductsInitiationsMaterialstop upgradesUpgradesDowngradesInitiationAnalyst Ratings