Benzinga's Top Upgrades, Downgrades For May 15, 2017 - Independent Bank (NASDAQ:INDB), Guidewire Software (NYSE:GWRE), AMTD IDEA Group (NYSE:AMTD), Cisco Systems (NASDAQ:CSCO)

Analysts at Deutsche Bank upgraded Starbucks Corporation SBUX from Hold to Buy. Starbucks shares rose 0.95 percent to $60.50 in pre-market trading.
Analysts at Bank of America upgraded Guidewire Software Inc GWRE from Underperform to Neutral. Guidewire Software shares gained 0.90 percent to $61.55 in pre-market trading.
Analysts at Barclays upgraded Xylem Inc XYL from Equal-Weight to Overweight. Xylem shares gained 0.20 percent to close at $50.98 on Friday.
Wells Fargo upgraded TD Ameritrade Holding Corp. AMTD from Market Perform to Outperform. TD Ameritrade shares gained 1.34 percent to $37.80 in pre-market trading.
Jefferies upgraded Wesco Aircraft Holdings Inc WAIR from Underperform to Hold. Wesco Aircraft shares fell 2.37 percent to close at $8.25 on Friday.
Analysts at Deutsche Bank upgraded Coach Inc COH from Hold to Buy. Coach shares gained 0.55 percent to $45.52 in pre-market trading.
JP Morgan upgraded Johnson & Johnson JNJ from Neutral to Overweight. Johnson & Johnson shares rose 0.74 percent to $124.55 in pre-market trading.
Morgan Stanley upgraded Cisco Systems, Inc. CSCO from Equal-Weight to Overweight. Cisco shares climbed 1.79 percent to $34.05 in pre-market trading.
UBS upgraded Exelon Corporation EXC from Neutral to Buy. Exelon shares rose 2.3 percent to $34.91 in pre-market trading.
Cowen & Co. upgraded Voxeljet AG (ADR) VJET from Market Perform to Outperform. voxeljet shares dropped 10.84 percent to close at $3.95 on Friday.

Morgan Stanley downgraded Tesla Inc TSLA from Overweight to Equal-Weight. Tesla shares fell 2.13 percent to $317.90 in pre-market trading.
Craig-Hallum downgraded Alere Inc ALR from Buy to Hold. Alere shares dropped 5.18 percent to close at $46.70 on Friday.
William Blair downgraded Stratasys, Ltd. SSYS from Market Perform to Underperform. Stratasys shares fell 3.64 percent to $28.87 in pre-market trading.
Deutsche Bank downgraded Michael Kors Holdings Ltd KORS from Buy to Hold. Michael Kors shares slipped 0.11 percent to $36.70 in pre-market trading.
Baird downgraded J C Penney Company Inc JCP from Outperform to Neutral. JC Penney shares dropped 1.10 percent to $4.50 in pre-market trading.
Stifel Nicolaus downgraded Xcerra Corp XCRA from Buy to Hold. Xcerra shares fell 1.02 percent to close at $9.70 on Friday.
Raymond James downgraded Level 3 Communications, Inc. LVLT from Market Perform to Underperform. Level 3 Communications shares rose 0.27 percent to close at $59.09 on Friday.
Analysts at SunTrust Robinson Humphrey downgraded Golden Entertainment Inc GDEN from Buy to Hold. Golden Entertainment shares dropped 10.69 percent to close at $17.92 on Friday.

Analysts at RBC Capital initiated coverage of Jazz Pharmaceuticals plc JAZZ with a Top Pick rating. The price target for Jazz Pharmaceuticals is set to $210. Jazz Pharmaceuticals shares closed at $153.79 on Friday.
Analysts at Bank of America initiated coverage on Ellie Mae Inc ELLI with a Buy rating. The price target for Ellie Ellie Mae is set to $130. Ellie Mae shares closed at $107.08 on Friday.
Analysts at RBC Capital initiated coverage on Visteon Corp VC with a Sector Perform rating. The price target for Visteon is set to $110. Visteon shares closed at $103.58 on Friday.
Piper Jaffray initiated coverage on Independent Bank Corp INDB with a Neutral rating. Independent Bank shares closed at $63.45 on Friday.
Bank of America initiated coverage of Allscripts Healthcare Solutions Inc MDRX with a Neutral rating. The price target for Allscripts Healthcare is set to $14. Allscripts Healthcare shares closed at $12.32 on Friday.
Analysts at RBC Capital initiated coverage on Meritor Inc MTOR with an Outperform rating. The price target for Meritor is set to $22. Meritor shares closed at $16.49 on Friday.