Benzinga's Top Upgrades, Downgrades For September 8, 2017

Top Upgrades

• Analysts at B. Riley upgraded Zumiez Inc. ZUMZ from Neutral to Buy. Zumiez shares gained 13.64 percent to $15.00 in pre-market trading.
• Credit Suisse upgraded Ralph Lauren Corp RL from Neutral to Outperform. Ralph Lauren shares dropped 2 percent to close at $88.74 on Thursday.
• Bank of America upgraded Brighthouse Financial Inc BHF from Underperform to Neutral. Brighthouse Financial shares declined 0.34 percent to close at $53.00 on Thursday.
• Analysts at BTIG Research upgraded Mid-America Apartment Communities Inc MAA from Neutral to Buy. Mid-America Apartment shares rose 0.62 percent to close at $107.03 on Thursday.
• Analysts at William Blair upgraded Huron Consulting Group HURN from Market Perform to Outperform. Huron Consulting shares rose 0.65 percent to close at $30.95 on Thursday.
• Leerink Swann upgraded Teleflex Incorporated TFX from Market Perform to Outperform. Teleflex shares rose 0.03 percent to $227.20 in pre-market trading.
• Jefferies upgraded NewLink Genetics Corp NLNK from Hold to Buy. NewLink Genetics shares gained 2.94 percent to $14.00 in pre-market trading.
• Baird upgraded Zions Bancorp ZION from Underperform to Neutral. Zions Bancorp shares fell 3 percent to close at $41.33 on Thursday.
• Canaccord Genuity upgraded RLJ Lodging Trust RLJ from Hold to Buy. RLJ Lodging shares declined 0.78 percent to close at $20.39 on Thursday.
• Credit Suisse upgraded Navient Corp NAVI from Neutral to Outperform. Navient shares fell 4.78 percent to close at $13.14 on Thursday.

Top Downgrades

• Morgan Stanley downgraded Capital One Financial Corp. COF from Overweight to Equal-Weight. Capital One Financial shares fell 1.56 percent to close at $78.23 on Thursday.
• Credit Suisse downgraded PepsiCo, Inc. PEP from Outperform to Neutral. PepsiCo shares fell 0.48 percent to $116.43 in pre-market trading.
• Analysts at KeyBanc downgraded Catalent Inc CTLT from Overweight to Sector Weight. Catalent shares fell 1.28 percent to $40.82 in pre-market trading.
• Baird downgraded Equity Lifestyle Properties, Inc. ELS from Outperform to Neutral. Equity Lifestyle shares rose 0.10 percent to close at $90.41 on Thursday.
• Citigroup downgraded Calpine Corporation CPN from Buy to Neutral. Calpine shares fell 0.41 percent to $14.60 in pre-market trading.
• Goldman Sachs downgraded Rice Energy Inc RICE from Buy to Neutral. Rice Energy shares fell 1.23 percent to close at $27.34 on Thursday.
• Analysts at Cowen & Co. downgraded Chipotle Mexican Grill, Inc. CMG from Market Perform to Underperform. Chipotle shares fell 2.13 percent to $310.50 in pre-market trading.
• Bank of America downgraded Tintri Inc TNTR from Buy to Neutral. Tintri shares tumbled 21.41 percent to $5.25 in pre-market trading.
• Morgan Stanley downgraded Synchrony Financial SYF from Overweight to Equal-Weight. Synchrony Finl shares fell 1.45 percent to $28.64 in pre-market trading.
• Goldman Sachs downgraded Range Resources Corp. RRC from Buy to Neutral. Range Resources shares fell 0.56 percent to $17.81 in pre-market trading.

Top Initiations

• Analysts at Goldman Sachs initiated coverage on Electronic Arts Inc. EA with a Buy rating. The price target for Electronic Arts is set to $136. Electronic Arts shares closed at $118.93 on Thursday.
• Barclays initiated coverage on Intercontinental Exchange Inc ICE with an Overweight rating. The price target for Intercontinental Exchange is set to $72. Intercontinental Exchange shares closed at $64.30 on Thursday.
• Wedbush initiated coverage on CytomX Therapeutics Inc CTMX with an Outperform rating. The price target for CytomX Therapeutics is set to $26. CytomX Therapeutics shares closed at $16.97 on Thursday.
• Jefferies initiated coverage on LivaNova PLC LIVN with a Buy rating. The price target for LivaNova is set to $76. LivaNova shares closed at $63.20 on Thursday.
• Analysts at Goldman Sachs initiated coverage of Take Two Interactive Software Inc TTWO with a Buy rating. The price target for Take Two is set to $118. Take Two shares closed at $99.50 on Thursday.
• Analysts at Morgan Stanley initiated coverage on TherapeuticsMD Inc TXMD with an Equal-Weight rating. The price target for TherapeuticsMD is set to $6. TherapeuticsMD shares closed at $6.91 on Thursday.
• Analysts at KeyBanc initiated coverage on RealPage Inc RP with an Overweight rating. The price target for RealPage is set to $50. RealPage shares closed at $41.45 on Thursday.
• Barclays initiated coverage on BlackRock, Inc. BLK with an Overweight rating. The price target for BlackRock is set to $475. BlackRock shares closed at $414.25 on Thursday.
• Analysts at Argus initiated coverage on Anheuser Busch Inbev NV (ADR) BUD with a Buy rating. The price target for Anheuser Busch Inbev is set to $136. Anheuser Busch Inbev closed at $121.21 on Thursday.
• Barclays initiated coverage of Nasdaq Inc NDAQ with an Overweight rating. The price target for Nasdaq is set to $85. Nasdaq shares closed at $73.72 on Thursday.