Benzinga's Top Upgrades, Downgrades For May 18, 2017

Analysts at Deutsche Bank upgraded Progressive Corp PGR from Sell to Hold. Progressive shares climbed 2.64 percent to close at $ 41.16 on Wednesday.
Nomura upgraded Noble Corporation (UK) NE from Reduce to Neutral. Noble shares fell 1.38 percent to $4.29 in pre-market trading.
Analysts at Leerink Swann upgraded Achillion Pharmaceuticals, Inc. ACHN from Market Perform to Outperform. Achillion Pharmaceuticals shares rose 1.59 percent to $3.84 in pre-market trading.
Analysts at Wedbush upgraded Shake Shack Inc SHAK from Neutral to Outperform. Shake Shack shares gained 1.64 percent to $37.25 in pre-market trading.
KeyBanc upgraded Pentair plc. PNR from Hold to Overweight. Pentair shares fell 0.43 percent to close at $65.22 on Wednesday.
Analysts at Citigroup upgraded Bank of Montreal (USA) BMO from Neutral to Buy. Bank Of Montreal shares dropped 2.03 percent to close at $67.65 on Wednesday.
Maxim Group upgraded Bioline RX Ltd BLRX from Hold to Buy. BioLineRx shares rose 5.26 percent to $0.870 in pre-market trading.
Keefe Bruyette & Woods upgraded Hanover Insurance Group Inc THG from Underperform to Market Perform. Hanover Insurance shares dropped 0.46 percent to close at $80.59 on Wednesday.

Jefferies downgraded Stratasys, Ltd. SSYS from Buy to Hold. Stratasys shares fell 2.16 percent to $27.20 in pre-market trading.
Raymond James downgraded Expedia Inc EXPE from Outperform to Market Perform. Expedia shares declined 1.67 percent to $138.06 in pre-market trading.
Stifel Nicolaus downgraded Endologix, Inc. ELGX from Buy to Hold. Endologix shares dropped 22 percent to $5.25 in pre-market trading.
UBS downgraded Symantec Corporation SYMC from Buy to Neutral. Symantec shares fell 2.1 percent to $29.49 in pre-market trading.
DA Davidson downgraded Douglas Emmett, Inc. DEI from Buy to Neutral. Douglas Emmett shares slipped 0.50 percent to close at $38.07 on Wednesday.
KeyBanc downgraded Jack in the Box Inc. JACK from Buy to Sector Weight. Jack In The Box shares dropped 1.78 percent to $105.75 in pre-market trading.
Deutsche Bank downgraded W W Grainger Inc GWW from Hold to Sell. Grainger shares fell 2.73 percent to $170.00 in pre-market trading.
Analysts at SunTrust Robinson Humphrey downgraded Essex Property Trust Inc ESS from Buy to Hold. Essex Property Trust shares dropped 0.79 percent to $251.73 in pre-market trading.

Analysts at Macquarie initiated coverage on Citizens Financial Group Inc CFG with an Underperform rating. The price target for Citizens Financial is set to $33. Citizens Financial shares closed at $34.57 on Wednesday.
Credit Suisse initiated coverage on Colfax Corp CFX with an Outperform rating. The price target for Colfax is set to $47. Colfax shares closed at $39.47 on Wednesday.
KeyBanc initiated coverage of Teladoc Inc TDOC with an Overweight rating. The price target for Teladoc is set to $37. Teladoc shares closed at $27.55 on Wednesday.
Benchmark initiated coverage on PTC Inc PTC with a Buy rating. The price target for PTC is set to $65. PTC shares closed at $51.63 on Wednesday.