Benzinga's Top Upgrades, Downgrades For March 16, 2017

Top Upgrades

• Oppenheimer upgraded NCR Corporation NCR from Perform to Outperform. NCR shares rose 0.63 percent to close at $42.86 on Wednesday.
• Pacific Crest upgraded Lam Research Corporation LRCX from Sector Weight to Overweight. Lam Research shares gained 1.49 percent to close at $124.17 on Wednesday.
• Northland Securities upgraded Synaptics, Incorporated SYNA from Market Perform to Outperform. Synaptics shares rose 0.24 percent to close at $49.55 on Wednesday.
• Analysts at Telsey Advisory Group upgraded Oxford Industries Inc OXM from Market Perform to Outperform. Oxford Industries shares closed at $53.71 on Wednesday.
• Raymond James upgraded Hancock Holding Company HBHC from Outperform to Strong Buy. Hancock Holding shares closed at $46.20 on Wednesday.
• Analysts at JMP Securities upgraded Oracle Corporation ORCL from Market Underperform to Market Perform. Oracle shares gained 6.97 percent to $46.05 in pre-market trading.
• Analysts at Citigroup upgraded GoPro Inc GPRO from Sell to Neutral. GoPro shares rose 10.9 percent to $8.15 in pre-market trading.
• Analysts at Wells Fargo upgraded Entergy Corporation ETR from Market Perform to Outperform. Entergy shares closed at $75.18 on Wednesday.
• Analysts at Evercore ISI Group upgraded Delta Air Lines, Inc. DAL from In-Line to Outperform. Delta Air shares closed at $47.19 on Wednesday.
• Guggenheim upgraded Oasis Petroleum Inc. OAS from Neutral to Buy. Oasis Petroleum shares rose 2 percent to $13.55 in pre-market trading.

Top Downgrades

• Morgan Stanley downgraded Biogen Inc BIIB from Overweight to Equal-Weight. Biogen shares slipped 2.4 percent to $285.50 in pre-market trading.
• Piper Jaffray downgraded Inovio Pharmaceuticals Inc INO from Overweight to Neutral. Inovio Pharmaceuticals shares dropped 5.4 percent to $6.50 in pre-market trading.
• Analysts at RBC Capital downgraded Newmont Mining Corp NEM from Outperform to Sector Perform. Newmont Mining shares rose 0.85 percent to $34.39 in pre-market trading.
• Analysts at Evercore ISI Group downgraded United Continental Holdings Inc UAL from Outperform to In-Line. United Continental shares fell 0.72 percent to $67.68 in pre-market trading.
• Analysts at Jefferies downgraded The Rubicon Project Inc RUBI from Buy to Hold. Rubicon Project shares rose 2.31 percent to $6.20 in pre-market trading.
• Goldman Sachs downgraded Ciena Corporation CIEN from Buy to Neutral. Ciena shares fell 1.22 percent to $23.45 in pre-market trading.
• William Blair downgraded Williams-Sonoma, Inc. WSM from Outperform to Market Perform. Williams-Sonoma shares rose 2.66 percent to $49.40 in pre-market trading.
• Piper Jaffray downgraded Masimo Corporation MASI from Overweight to Neutral. Masimo shares dropped 1.28 percent to $95.24 in pre-market trading.
• Wunderlich downgraded Sirius XM Holdings Inc. SIRI from Buy to Hold. Sirius XM shares fell 1.7 percent to $5.21 in pre-market trading.
• Raymond James downgraded Texas Capital Bancshares Inc TCBI from Strong Buy to Outperform. Texas Capital Bancshares shares closed at $85.70 on Wednesday.

Top Initiations

• Analysts at SunTrust Robinson Humphrey initiated coverage on Tivity Health Inc TVTY with a Buy rating. The price target for Tivity Health is set to $35. Tivity Health shares closed at $27.85 on Wednesday.
• Analysts at Cantor Fitzgerald initiated coverage on Global Blood Therapeutics Inc GBT with an Overweight rating. The price target for Global Blood Therapeutics is set to $61. Global Blood Therapeutics shares closed at $37.95 on Wednesday.
• Analysts at SunTrust Robinson Humphrey initiated coverage on Blackhawk Network Holdings Inc HAWK with a Buy rating. Blackhawk Network shares closed at $35.50 on Wednesday.
• Analysts at Stifel Nicolaus initiated coverage on Jagged Peak Energy Inc JAG with a Buy rating. The price target for Jagged Peak Energy is set to $15. Jagged Peak Energy shares closed at $12.49 on Wednesday.
• Analysts at Credit Suisse initiated coverage on United Therapeutics Corporation UTHR with an Underperform rating United Therapeutics shares closed at $146.03 on Tuesday.
• Analysts at Moffett Nathanson initiated coverage of Snap Inc SNAP with a Sell rating. The price target for Snap is set to $15.Snap shares closed at $20.77 on Tuesday.
• Analysts at Oppenheimer initiated coverage on Exelixis, Inc. EXEL with a Perform rating. Exelixis shares closed at $22.80 on Tuesday.
• Analysts at Craig-Hallum initiated coverage of Zoetis Inc ZTS with a Buy rating. The price target for Zoetis is set to $65. Zoetis shares closed at $54.28 on Wednesday.