Benzinga's Top Upgrades, Downgrades For May 11, 2017

Top Upgrades

• Analysts at Bank of America upgraded Exxon Mobil Corporation XOM from Neutral to Buy. Exxon Mobil shares rose 0.84 percent to $82.60 in pre-market trading.
• Analysts at Oppenheimer upgraded Snap Inc SNAP from Perform to Outperform. Snap shares fell 21.6 percent to $18.02 in pre-market trading.
• Analysts at First Analysis upgraded Symantec Corporation SYMC from Equal-Weight to Overweight. Symantec shares dropped 6.76 percent to $30.90 in pre-market trading.
• Analysts at Rosenblatt upgraded Twenty-First Century Fox Inc FOXA from Neutral to Buy. Twenty-First Century Fox shares rose 0.72 percent to $28.10 in pre-market trading.
• Credit Suisse upgraded The Carlyle Group LP CG from Neutral to Outperform. Carlyle Group shares slipped 0.84 percent to close at $17.70 on Wednesday.
• Goldman Sachs upgraded Yum! Brands, Inc. YUM from Sell to Neutral. Yum Brands shares fell 0.01 percent to close at $68.88 on Wednesday.
• Wells Fargo upgraded Whole Foods Market, Inc. WFM from Market Perform to Outperform. Whole Foods shares rose 2.79 percent to $37.26 in pre-market trading.
• Morgan Stanley upgraded Vitamin Shoppe Inc VSI from Underweight to Equal-Weight. Vitamin Shoppe shares climbed 1.6 percent to $12.90 in pre-market trading.
• Citigroup upgraded Yelp Inc YELP from Neutral to Buy. Yelp shares rose 2.9 percent to $29.15 in pre-market trading.
• Bank of America upgraded Caterpillar Inc. CAT from Neutral to Buy. Caterpillar shares rose 1 percent to $101.35 in pre-market trading.

Top Downgrades

• Morgan Stanley downgraded Acacia Communications, Inc. ACIA from Overweight to Equal-Weight. Acacia Communications shares dropped 2.54 percent to $43.35 in pre-market trading.
• Wunderlich downgraded Abercrombie & Fitch Co. ANF from Hold to Sell. Abercrombie & Fitch shares fell 0.84 percent to $14.10 in pre-market trading.
• Bank of America downgraded Marathon Oil Corporation MRO from Buy to Neutral. Marathon Oil shares rose 1.22 percent to $14.88 in pre-market trading.
• Wells Fargo downgraded Mazor Robotics Ltd - ADR MZOR from Outperform to Market Perform. Mazor Robotics shares dropped 5.83 percent to $39.55 in pre-market trading.
• RBC Capital downgraded Sealed Air Corp SEE from Outperform to Sector Perform. Sealed Air shares rose 2.60 percent to close at $43.40 on Wednesday.
• Bank of America downgraded ConocoPhillips COP from Buy to Neutral. ConocoPhillips shares fell 0.23 percent to $47.50 in pre-market trading.
• Piper Jaffray downgraded S&W Seed Company SANW from Overweight to Neutral. S&W Seed shares dropped 14.6 percent to $4.10 in pre-market trading.
• Analysts at Chardan Capital downgraded Caesarstone Ltd CSTE from Buy to Neutral. Caesarstone shares climbed 8.83 percent to close at $43.75 on Wednesday.
• Analysts at Bank of America downgraded Oasis Petroleum Inc. OAS from Buy to Neutral. Oasis Petroleum shares rose 0.67 percent to $12.06 in pre-market trading.
• Atlantic Equities downgraded Home Depot Inc HD from Overweight to Neutral. Home Depot shares fell 0.32 percent to $157.62 in pre-market trading.

Top Initiations

• Analysts at Maxim Group initiated coverage of Control4 Corp CTRL with a Hold rating. The price target for Control4 is set to $19. Control4 shares closed at $18.07 on Wednesday.
• Analysts at JP Morgan initiated coverage on Ascendis Pharma A/S ASND with an Overweight rating. The price target for Ascendis Pharma is set to $36. Ascendis Pharma shares closed at $27.64 on Wednesday.
• Bernstein initiated coverage of Methanex Corporation (USA) MEOH with an Underperform rating. The price target for Methanex is set to $36. Methanex shares closed at $43.50 on Wednesday.
• Analysts at Baird initiated coverage on PTC Inc PTC with an Outperform rating. The price target for PTC is set to $65. PTC shares closed at $53.32 on Wednesday.