Benzinga's Top Upgrades, Downgrades For September 22, 2017

Top Upgrades

• Analysts at SunTrust Robinson Humphrey upgraded Leggett & Platt, Inc. LEG from Hold to Buy. Leggett & Platt shares rose 0.89 percent to $46.35 in pre-market trading.
• Stifel Nicolaus upgraded Alpine Immune Sciences, Inc. ALPN from Hold to Buy. Alpine Immune Sciences shares declined 1.22 percent to close at $9.68 on Thursday.
• KeyBanc upgraded MINDBODY Inc MB from Sector Weight to Overweight. MINDBODY shares rose 1.21 percent to $25.15 in pre-market trading.
• Bernstein upgraded AstraZeneca plc (ADR) AZN from Market Perform to Outperform. Astrazeneca shares rose 2.26 percent to $33.55 in pre-market trading.
• Wells Fargo upgraded Equifax Inc. EFX from Market Perform to Outperform. Equifax shares rose 2.48 percent to $100.69 in pre-market trading.
• Barclays upgraded American Airlines Group Inc AAL from Equal-Weight to Overweight. American Airlines shares rose 1.47 percent to $46.97 in pre-market trading.

Top Downgrades

• Analysts at Cowen & Co. downgraded United States Steel Corporation X from Market Perform to Underperform. United States Steel shares declined 2.80 percent to $23.97 in pre-market trading.
• William Blair downgraded Bob Evans Farms Inc BOBE from Outperform to Market Perform. Bob Evans Farms shares fell 0.26 percent to close at $77.29 on Thursday.
• Goldman Sachs downgraded Tiffany & Co. TIF from Buy to Neutral. Tiffany shares slipped 1.11 percent to $88.85 in pre-market trading.
• Berenberg downgraded Alcoa Corp AA from Buy to Hold. Alcoa shares slipped 1.84 percent to $45.40 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Versartis Inc VSAR from Buy to Hold. Versartis shares dropped 82.9 percent to $3.70 in pre-market trading.
• Cowen & Co. downgraded ArcelorMittal SA (ADR) MT from Outperform to Market Perform. Arcelor Mittal shares declined 0.58 percent to $25.84 in pre-market trading.
• Analysts at JP Morgan downgraded Rambus Inc. RMBS from Overweight to Neutral. Rambus shares dropped 2.70 percent to $12.98 in pre-market trading.
• Barclays downgraded Versartis Inc VSAR from Overweight to Underweight. Versartis shares dropped 82.9 percent to $3.70 in pre-market trading.

Top Initiations

• Analysts at DA Davidson initiated coverage on Groupon Inc GRPN with a Buy rating. The price target for Groupon is set to $5. Groupon shares closed at $4.53 on Thursday.
• B. Riley initiated coverage on Avis Budget Group Inc. CAR with a Buy rating. The price target for Avis Budget is set to $36. Avis Budget shares closed at $38.08 on Thursday.
• KeyBanc initiated coverage on Global Payments Inc GPN with an Overweight rating. The price target for Global Payments is set to $110. Global Payments shares closed at $96.34 on Thursday.
• Analysts at DA Davidson initiated coverage of Yelp Inc YELP with a Buy rating. The price target for Yelp is set to $51. Yelp shares closed at $43.61 on Thursday.
• Berenberg initiated coverage on Sensient Technologies Corporation SXT with a Buy rating. Sensient Technologies shares closed at $75.90 on Thursday.
• Jefferies initiated coverage on Savara Inc SVRA with a Buy rating. The price target for Savara is set to $20. Savara shares closed at $9.47 on Thursday.
• Analysts at Morgan Stanley initiated coverage on TransCanada Corporation (USA) TRP with an Equal-Weight rating. The price target for TransCanada is set to $53. TransCanada shares closed at $49.94 on Thursday.
• Analysts at Wells Fargo initiated coverage on Becton Dickinson and Co BDX with an Outperform rating. The price target for Becton Dickinson is set to $225. Becton Dickinson closed at $191.56 on Thursday.