Benzinga's Top Upgrades, Downgrades For September 19, 2017

Top Upgrades

• UBS upgraded NetApp Inc. NTAP from Neutral to Buy. NetApp shares gained 0.91 percent to $41.00 in pre-market trading.
• Baird upgraded McKesson Corporation MCK from Neutral to Outperform. McKesson shares fell 0.95 percent to close at $148.42 on Monday.
• Credit Suisse upgraded Gap Inc GPS from Underperform to Neutral. Gap shares gained 2.15 percent to $28.50 in pre-market trading.
• Oppenheimer upgraded Michael Kors Holdings Ltd KORS from Perform to Outperform. Michael Kors shares rose 3.02 percent to $46.00 in pre-market trading.
• Raymond James upgraded Old National Bancorp ONB from Market Perform to Outperform. Old National Bancorp shares rose 1.20 percent to $16.90 in pre-market trading.
• Analysts at Instinet upgraded Melco Resorts & Entertainment Ltd(ADR) MLCO from Neutral to Buy. Melco Resorts & Entertainment shares rose 1.81 percent to close at $23.01 on Monday.
• Analysts at Piper Jaffray upgraded Quidel Corporation QDEL from Neutral to Overweight. Quidel shares gained 3.89 percent to $42.50 in pre-market trading.

Top Downgrades

• Analysts at Piper Jaffray downgraded Kellogg Company K from Overweight to Neutral. Kellogg shares rose 0.42 percent to close at $68.61 on Friday.
• Mizuho downgraded Lennar Corporation LEN from Buy to Neutral. Lennar shares gained 0.78 percent to close at $51.70 on Friday.
• Raymond James downgraded Silver Spring Networks Inc SSNI from Strong Buy to Market Perform Silver Spring Networks shares slipped 0.31 percent to $16.05 in pre-market trading.
• Credit Suisse downgraded Time Warner Inc TWX from Outperform to Neutral. Time Warner shares gained 0.15 percent to close at $101.97 on Friday.
• Wells Fargo downgraded Under Armour Inc UAA from Market Perform to Underperform. Under Armour shares fell 2.88 percent to $16.87 in pre-market trading.
• Analysts at Barclays downgraded Sealed Air Corp SEE from Overweight to Equal-Weight. Sealed Air shares declined 1.29 percent to close at $42.89 on Friday.
• Baird downgraded Acuity Brands, Inc. AYI from Outperform to Neutral. Acuity Brands shares declined 2.28 percent to $164.00 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Orbital ATK Inc OA from Buy to Hold. Orbital ATK shares surged 20.18 percent to close at $132.25 on Monday.
• Citigroup downgraded Dimension Therapeutics Inc DMTX from Neutral to Sell. Dimension Therapeutics shares declined 4.24 percent to $5.65 in pre-market trading.
• Susquehanna downgraded Nike Inc NKE from Positive to Neutral. Nike shares fell 1.59 percent to $52.65 in pre-market trading.

Top Initiations

• Analysts at Jefferies initiated coverage on Tesla Inc TSLA with an Underperform rating. The price target for Tesla is set to $280. Tesla shares closed at $385.00 on Monday.
• Oppenheimer initiated coverage on Mirati Therapeutics, Inc. MRTX with an Outperform rating. The price target for Mirati Therapeutics is set to $18. Mirati Therapeutics shares closed at $10.80 on Monday.
• William Blair initiated coverage on Intuit Inc. INTU with an Outperform rating. Intuit shares closed at $143.80 on Monday.
• Analysts at MKM Partners initiated coverage of Acacia Communications, Inc. ACIA with a Buy rating. The price target for Acacia Communications is set to $64. Acacia Communications shares closed at $45.83 on Monday.
• Argus initiated coverage on DowDuPont Inc DWDP with a Buy rating. The price target for DowDuPont is set to $81. DowDuPont shares closed at $69.77 on Monday.
• Analysts at Leerink Swann initiated coverage on Synlogic Inc SYBX with an Outperform rating. The price target for Synlogic is set to $25. Synlogic shares closed at $18.73 on Monday.
• Analysts at Deutsche Bank initiated coverage on RLJ Lodging Trust RLJ with a Hold rating. The price target for RLJ Lodging Trust is set to $22. RLJ Lodging Trust closed at $21.82 on Monday.
• Analysts at Raymond James initiated coverage on Farmland Partners Inc FPI with Market Perform rating. Farmland Partners shares closed at $8.90 on Monday.
• RBC Capital initiated coverage on Walgreens Boots Alliance Inc WBA with a Sector Outperform rating. The price target for Walgreens is set to $96. Walgreens shares closed at $82.60 on Monday.
• Stifel Nicolaus initiated coverage of Curtiss-Wright Corp. CW with a Hold rating. The price target for Curtiss-Wright is set to $100. Curtiss-Wright shares closed at $102.22 on Monday.