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

Top Upgrades

• Analysts at Keefe Bruyette & Woods upgraded Argo Group International Holdings, Ltd. (NASDAQ: AGII) from Market Perform to Outperform. Argo Group shares fell 0.49 percent to close at $60.55 on Wednesday.

Top Downgrades

• Analysts at Canaccord Genuity downgraded Royal Gold, Inc (USA) (NASDAQ: RGLD) from Buy to Hold. Royal Gold shares fell 1.05 percent to close at $86.73 on Wednesday.
• Cantor Fitzgerald downgraded Ignyta Inc (NASDAQ: RXDX) from Overweight to Neutral. Ignyta shares closed at $26.70 on Wednesday.

Top Initiations

• Benchmark initiated coverage on Sonoma Pharmaceuticals Inc (NASDAQ: SNOA) with a Speculative Buy rating. The price target for Sonoma Pharmaceuticals is set to $10. Sonoma Pharmaceuticals shares closed at $4.84 on Wednesday.