Benzinga's Top Upgrades, Downgrades For June 12, 2017

Top Upgrades

• Analysts at Argus upgraded Vodafone Group Plc (ADR) VOD from Hold to Buy. Zynga shares rose 1.09 percent to $28.77 in pre-market trading.
• Cowen & Co. upgraded CACI International Inc CACI from Market Perform to Outperform. CACI International shares fell 0.32 percent to close at $123.50 on Friday.
• FBR Capital upgraded Pandora Media Inc P from Market Perform to Outperform. Pandora shares dropped 1.41 percent to $8.40 in pre-market trading.
• Analysts at Stifel Nicolaus upgraded Ultra Petroleum Corp. UPL from Hold to Buy. Ultra Petroleum shares fell 0.95 percent to close at $11.49 on Friday.
• Analysts at Cowen & Co. upgraded Digital Realty Trust, Inc. DLR from Market Perform to Outperform. Digital Realty Trust shares declined 2.94 percent to close at $113.32 on Friday.
• Stephens upgraded MidSouth Bancorp, Inc. MSL from Equal Weight to Overweight. MidSouth Bancorp shares gained 0.42 percent to close at $12.05 on Friday.

Top Downgrades

• Mizuho downgraded Apple Inc. AAPL from Buy to Neutral. Apple shares dropped 2.24 percent to $145.65 in pre-market trading.
• Pivotal Research downgraded Adobe Systems Incorporated ADBE from Hold to Sell. Adobe shares fell 3.10 percent to $133.77 in pre-market trading.
• KeyBanc downgraded Sanderson Farms, Inc. SAFM from Overweight to Equal-Weight. Sanderson Farms shares rose 1.84 percent to close at $128.10 on Friday.
• Raymond James downgraded Crown Castle International Corp. (REIT) CCI from Outperform to Market Perform. Crown Castle shares rose 0.87 percent to close at $102.06 on Friday.
• Baird downgraded DuPont Fabros Technology, Inc. DFT from Outperform to Neutral. Dupont Fabros shares rose 0.20 percent to $60.92 in pre-market trading.
• Oppenheimer downgraded Pandora Media Inc P from Outperform to Perform. Pandora shares fell 0.59 percent to $8.47 in pre-market trading.
• Analysts at Evercore ISI Group downgraded Essex Property Trust Inc ESS from In-Line to Underperform. Essex Property Trust shares rose 0.21 percent to close at $266.23 on Friday.
• Pacific Crest downgraded Vantiv Inc VNTV from Overweight to Sector Weight. Vantiv shares fell 0.19 percent to $63.00 in pre-market trading.
• Analysts at Evercore ISI Group downgraded W.P. Carey Inc. REIT WPC from In-Line to Underperform. W.P. Carey shares rose 0.01 percent to close at $66.94 on Friday.
• Raymond James downgraded SBA Communications Corporation SBAC from Strong Buy to Outperform. SBA Communications shares gained 0.02 percent to close at $134.30 on Friday.

Top Initiations

• Wedbush initiated coverage of G1 Therapeutics Inc GTHX with an Outperform rating. The price target for G1 Therapeutics is set to $31. G1 Therapeutics shares closed at $18.59 on Friday.
• BTIG Research initiated coverage on Coupa Software Inc COUP with a Buy rating. The price target for Coupa Software is set to $44. Coupa Software shares closed at $31.00 on Friday.
• Piper Jaffray initiated coverage on Henry Schein, Inc. HSIC with a Neutral rating. The price target for Henry Schein is set to $200. Henry Schein shares closed at $185.75 on Friday.
• JMP Securities initiated coverage on argenx SE ARGX with a Market Outperform rating. The price target for argenx is set to $33. argenx shares closed at $20.29 on Friday.
• Analysts at H.C. Wainwright initiated coverage of XOMA Corporation XOMA with a Buy rating. XOMA shares closed at $6.41 on Friday.
• JP Morgan initiated coverage on G1 Therapeutics Inc GTHX with an Overweight rating. The price target for G1 Therapeutics is set to $23. G1 Therapeutics shares closed at $18.59 on Friday.
• Analysts at Credit Suisse initiated coverage on CIGNA Corporation CI with an Outperform rating. The price target for CIGNA is set to $185. CIGNA shares closed at $166.74 on Friday.
• Analysts at Chardan Capital initiated coverage on Catalyst Biosciences Inc CBIO with a Buy rating. The price target for Catalyst Biosciences is set to $10. Catalyst Biosciences shares closed at $4.29 on Friday.
• Analysts at Cowen & Co. initiated coverage on argenx SE ARGX with an Outperform rating. argenx shares closed at $20.29 on Friday.