Benzinga's Top Upgrades, Downgrades For September 28, 2017

Top Upgrades

• Goldman Sachs upgraded BlackRock, Inc. (NYSE:BLK) from Neutral to Buy. BlackRock shares rose 0.65 percent to $441.26 in pre-market trading.
• Wells Fargo upgraded Huntsman Corporation (NYSE:HUN) from Market Perform to Outperform. Huntsman shares rose 0.97 percent to $27.20 in pre-market trading.
• TD Securities upgraded Agrium Inc. (USA) (NYSE:AGU) from Hold to Buy. Agrium shares rose 0.82 percent to close at $107.92 on Wednesday.
• Analysts at Macquarie upgraded Encana Corp (USA) (NYSE:ECA) from Neutral to Outperform. Encana shares closed at $11.80 on Wednesday.
• Lake Street upgraded Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) from Hold to Buy. Himax shares gained 2.38 percent to $10.32 in pre-market trading.
• Analysts at Longbow Research upgraded McDonald's Corporation (NYSE:MCD) from Neutral to Buy. McDonald's shares rose 1.10 percent to $155.75 in pre-market trading.
• Piper Jaffray upgraded Potbelly Corp (NASDAQ:PBPB) from Neutral to Overweight. Potbelly shares closed at $11.50 on Wednesday.
• Goldman Sachs upgraded T. Rowe Price Group Inc (NASDAQ:TROW) from Neutral to Buy. T. Rowe Price shares gained 0.28 percent to $88.34 in pre-market trading.
• Analysts at KeyBanc upgraded Aaron's, Inc. (NYSE:AAN) from Sector Weight to Overweight. Aaron's shares closed at $41.37 on Wednesday.
• Analysts at Stifel Nicolaus upgraded Evertec Inc (NYSE:EVTC) from Hold to Buy. Evertec shares closed at $14.95 on Wednesday.

Top Downgrades

• JP Morgan downgraded DexCom, Inc. (NASDAQ:DXCM) from Overweight to Neutral. DexCom shares dropped 27.7 percent to $48.75 in pre-market trading.
• Morgan Stanley downgraded Trivago NV - ADR (NASDAQ:TRVG) from Overweight to Equal-Weight. trivago shares fell 2 percent to $10.75 in pre-market trading.
• Loop Capital downgraded Pier 1 Imports Inc (NYSE:PIR) from Buy to Hold. Pier 1 Imports shares fell 6.89 percent to $4.19 in pre-market trading.
• KeyBanc downgraded Meritor Inc (NYSE:MTOR) from Overweight to Sector Weight. Meritor shares closed at $26.61 on Wednesday.
• Citigroup downgraded Archer Daniels Midland Company (NYSE:ADM) from Buy to Neutral. Archer-Daniels Midland shares fell 0.02 percent to close at $43.05 on Wednesday.
• Analysts at DA Davidson downgraded Mercantile Bank Corp. (NASDAQ:MBWM) from Buy to Neutral. Mercantile Bank shares closed at $35.63 on Wednesday.
• BMO Capital downgraded Arista Networks Inc (NYSE:ANET) from Outperform to Market Perform. Arista shares fell 0.88 percent to $184.90 in pre-market trading.
• Analysts at Goldman Sachs downgraded Invesco Ltd. (NYSE:IVZ) from Conviction Buy to Neutral. Invesco shares closed at $34.40 on Wednesday.
• Susquehanna downgraded AutoNation, Inc. (NYSE:AN) from Neutral to Negative. AutoNation shares dropped 0.06 percent to close at $48.28 on Tuesday.
• Citigroup downgraded Bunge Ltd (NYSE:BG) from Buy to Neutral. Bunge shares closed at $70.78 on Wednesday.

Top Initiations

• Goldman Sachs initiated coverage on Endo International plc (NASDAQ:ENDP) with a Sell rating. The price target for Endo International is set to $7. Endo International shares closed at $9.04 on Wednesday.
• Citigroup initiated coverage on Vistra Energy Corp (NYSE:VST) with a Buy rating. The price target for Vistra Energy is set to $22. Vistra Energy shares closed at $18.70 on Wednesday.
• Analysts at DA Davidson initiated coverage on Estee Lauder Companies Inc (NYSE:EL) with Neutral rating. The price target for Estee Lauder is set to $115. Estee Lauder shares closed at $108.52 on Wednesday.
• Analysts at Evercore ISI Group initiated coverage on Diageo plc (ADR) (NYSE:DEO) with an Outperform rating. The price target for Diageo is set to $152. Diageo shares closed at $130.58 on Wednesday.
• Imperial Capital initiated coverage on EOG Resources Inc (NYSE:EOG) with an Outperform rating. The price target for EOG Resources is set to $115. EOG Resources shares closed at $97.32 on Wednesday.
• Analysts at Cowen & Co. initiated coverage of Mediwound Ltd (NASDAQ:MDWD) with an Outperform rating. The price target for Mediwound is set to $9. Mediwound shares closed at $4.90 on Wednesday.
• Goldman Sachs initiated coverage on Mallinckrodt PLC (NYSE:MNK) with a Buy rating. The price target for Mallinckrodt is set to $55. Mallinckrodt shares closed at $35.39 on Wednesday.
• Analysts at BTIG Research initiated coverage on Oxford Immunotec Global PLC (NASDAQ:OXFD) with a Buy rating. The price target for Oxford Immunotec is set to $21. Oxford Immunotec shares closed at $16.76 on Wednesday.
• Analysts at Piper Jaffray initiated coverage on Redfin Corp (NASDAQ:RDFN) with a Neutral rating. The price target for Redfin is set to $26. Redfin closed at $40.11 on Wednesday.
• Jefferies initiated coverage of Lear Corporation (NYSE:LEA) with a Buy rating. The price target for Lear is set to $197. Lear shares closed at $172.69 on Wednesday.