Benzinga's Top Upgrades, Downgrades For June 14, 2017

Top Upgrades

• Analysts at Cowen & Co. upgraded WNS (Holdings) Limited (ADR) (NYSE: WNS) from Market Perform to Outperform. WNS shares fell 0.63 percent to close at $31.66 on Tuesday.
• Raymond James upgraded HCP, Inc. (NYSE: HCP) from Underperform to Outperform. HCP shares rose 0.13 percent to close at $31.66 on Tuesday.
• Analysts at Keefe Bruyette & Woods upgraded Waddell & Reed Financial, Inc. (NYSE: WDR) from Underperform to Market Perform. Waddell & Reed shares fell 0.16 percent to close at $18.60 on Tuesday.
• Oppenheimer upgraded Neuroderm Ltd (NASDAQ: NDRM) from Perform to Outperform. NeuroDerm shares gained 4.42 percent to $26.00 in pre-market trading.
• Analysts at UBS upgraded ONEOK, Inc. (NYSE: OKE) from Neutral to Buy. ONEOK shares rose 0.44 percent to close at $50.21 on Tuesday.
• Keefe Bruyette & Woods upgraded Manning and Napier Inc (NYSE: MN) from Underperform to Market Perform. Manning & Napier shares gained 1.18 percent to $4.30 in pre-market trading.
• Analysts at MKM Partners upgraded Infinera Corp. (NASDAQ: INFN) from Neutral to Buy. Infinera shares rose 4.47 percent to $11.45 in pre-market trading.
• Oppenheimer upgraded Restaurant Brands International Inc (NYSE: QSR) from Perform to Outperform. Restaurant Brands shares rose 1.11 percent to $58.06 in pre-market trading.

Top Downgrades

• Imperial Capital downgraded Zix Corporation (NASDAQ: ZIXI) from Outperform to In-Line. Zix shares fell 10.89 percent to close at $5.89 on Monday.
• Barclays downgraded Anadarko Petroleum Corporation (NYSE: APC) from Equal-Weight to Underweight. Anadarko Petroleum shares fell 0.47 percent to $48.99 in pre-market trading.
• RBC Capital downgraded Microsemi Corporation (NASDAQ: MSCC) from Top Pick to Outperform. Microsemi shares rose 0.37 percent to close at $49.13 on Tuesday.
• Stifel Nicolaus downgraded Hawaiian Holdings, Inc. (NASDAQ: HA) from Hold to Sell. Hawaiian shares fell 3.66 percent to $52.65 in pre-market trading.
• Barclays downgraded SemGroup Corp (NYSE: SEMG) from Overweight to Equal-Weight. Semgroup shares rose 2.31 percent to close at $28.80 on Tuesday.
• Wedbush downgraded Starbucks Corporation (NASDAQ: SBUX) from Outperform to Neutral. Starbucks shares fell 0.77 percent to $60.45 in pre-market trading.
• Analysts at KeyBanc downgraded Five Below Inc (NASDAQ: FIVE) from Overweight to Sector Weight. Five Below shares fell 1.49 percent to $50.25 in pre-market trading.
• Oppenheimer downgraded Carlisle Companies, Inc. (NYSE: CSL) from Outperform to Perform. Carlisle shares fell 0.46 percent to close at $99.27 on Tuesday.

Top Initiations

• Cowen & Co. initiated coverage on Callaway Golf Co (NYSE: ELY) with a Market Perform rating. The price target for Callaway Golf is set to $14. Callaway Golf shares closed at $12.70 on Tuesday.
• DA Davidson initiated coverage on FTD Companies Inc (NASDAQ: FTD) with a Buy rating. The price target for FTD Companies is set to $23. FTD shares closed at $19.24 on Tuesday.
• Evercore ISI initiated coverage of SEACOR Marine Holdings Inc (NYSE: SMHI) with an In-Line rating. The price target for SEACOR Marine is set to $20. SEACOR Marine shares closed at $19.96 on Tuesday.
• DA Davidson initiated coverage on 1-800-Flowers.Com Inc (NASDAQ: FLWS) with a Neutral rating. The price target for 1-800-Flowers.Com is set to $11. 1-800-Flowers.Com shares closed at $10.25 on Tuesday.
• Monness, Crespi, Hardt initiated coverage on Fortinet Inc (NASDAQ: FTNT) with a Buy rating. The price target for Fortinet is set to $45. Fortinet shares closed at $37.94 on Tuesday.
• Analysts at Ladenburg Thalmann initiated coverage of Orthofix International NV (NASDAQ: OFIX) with a Buy rating. Orthofix shares closed at $44.90 on Tuesday.
• Analysts at Wedbush initiated coverage on Gladstone Investment Corporation (NASDAQ: GAIN) with a Outperform rating.The price target for Gladstone Investment is set to $10. Gladstone Investment shares closed at $9.22 on Tuesday.
• Analysts at Guggenheim initiated coverage on Ulta Beauty Inc (NASDAQ: ULTA) with a Neutral rating. Ulta Beauty shares closed at $302.69 on Tuesday.
• Analysts at Cantor Fitzgerald initiated coverage on HMS Holdings Corp (NASDAQ: HMSY) with a Overweight rating.The price target for HMS Holdings is set to $23. HMS Holdings shares closed at $19.21 on Tuesday.
• Analysts at Wedbush initiated coverage on Floor & Decor Holdings Inc (NYSE: FND) with a Neutral rating.The price target for Floor & Decor is set to $45. Floor & Decor Holdings shares closed at $39.59 on Tuesday.