Benzinga's Top Upgrades, Downgrades For October 6, 2017

Top Upgrades

• Wells Fargo upgraded La Quinta Holdings Inc LQ from Market Perform to Outperform. La Quinta shares dropped 0.23 percent to close at $17.25 on Thursday.
• Atlantic Equities upgraded Anadarko Petroleum Corporation APC from Neutral to Overweight. Anadarko Petroleum shares rose 0.08 percent to $49.09 in pre-market trading.
• Piper Jaffray upgraded Kraft Heinz Co KHC from Neutral to Overweight. Kraft Heinz shares gained 1.04 percent to $79.06 in pre-market trading.
• Analysts at RBC Capital upgraded Credit Suisse Group AG (ADR) CS from Sector Perform to Outperform. Credit Suisse shares rose 0.56 percent to $16.04 in pre-market trading.

Top Downgrades

• Analysts at JP Morgan downgraded Sanderson Farms, Inc. SAFM from Neutral to Underweight. Sanderson Farms shares fell 0.70 percent to $158.88 in pre-market trading.
• Morgan Stanley downgraded Walgreens Boots Alliance Inc WBA from Overweight to Equal-Weight. Walgreens shares rose 6.81 percent to $82.19 in pre-market trading.
• Goldman Sachs downgraded Albemarle Corporation ALB from Buy to Neutral. Albemarle shares fell 2.31 percent to $136.43 in pre-market trading.
• Jefferies downgraded Orbital ATK Inc OA from Buy to Hold. Orbital ATK shares slipped 0.59 percent to close at $133.77 on Thursday.
• Piper Jaffray downgraded Triumph Bancorp Inc TBK from Overweight to Neutral. Triumph Bancorp shares fell 2.17 percent to $31.50 in pre-market trading.
• Wells Fargo downgraded OGE Energy Corp. OGE from Outperform to Market Perform. OGE Energy shares rose 0.47 percent to close at $36.32 on Thursday.
• JP Morgan downgraded Cree, Inc. CREE from Neutral to Underweight. Cree shares declined 3.28 percent to $28.60 in pre-market trading.
• Morgan Stanley downgraded Costco Wholesale Corporation COST from Overweight to Equal-Weight. Costco shares fell 5.13 percent to $158.50 in pre-market trading.
• Analysts at Deutsche Bank downgraded Spirit Airlines Incorporated SAVE from Buy to Hold. Spirit Airlines shares slipped 1.28 percent to $34.74 in pre-market trading.
• Bank of America downgraded Synchrony Financial SYF from Buy to Neutral. Synchrony Financial shares fell 0.79 percent to $31.41 in pre-market trading.

Top Initiations

• Argus initiated coverage on Microchip Technology Inc. MCHP with a Buy rating. The price target for Microchip Technology is set to $106. Microchip Technology shares closed at $91.30 on Thursday.
• Analysts at Instinet initiated coverage on Caesars Entertainment Corp CZR with a Neutral rating. The price target for Caesars Entertainment is set to $14. Caesars Entertainment shares closed at $13.10 on Thursday.
• Craig-Hallum initiated coverage on Green Dot Corporation GDOT with a Buy rating. The price target for Green Dot is set to $70. Green Dot shares closed at $52.21 on Thursday.
• Barclays initiated coverage on Keane Group Inc FRAC with an Underweight rating. The price target for Keane Group is set to $16. Keane Group shares closed at $17.19 on Thursday.
• Analysts at JMP Securities initiated coverage on Cogentix Medical Inc CGNT with a Market Outperform rating. The price target for Cogentix Medical is set to $5. Cogentix Medical shares closed at $2.86 on Thursday.
• Seaport Global initiated coverage on RedHill Biopharma Ltd - ADR RDHL with a Buy rating. The price target for RedHill Biopharma is set to $19. RedHill Biopharma shares closed at $9.90 on Thursday.
• Analysts at Seaport Global Securities initiated coverage on Aurinia Pharmaceuticals Inc AUPH with a Buy rating. The price target for Aurinia Pharmaceuticals is set to $10. Aurinia Pharmaceuticals shares closed at $6.50 on Thursday.
• Analysts at Jefferies initiated coverage of AlarmCom Hldg Inc ALRM with a Hold rating. The price target for AlarmCom is set to $43. AlarmCom shares closed at $47.03 on Thursday.