Benzinga's Top Upgrades, Downgrades For October 9, 2017

Top Upgrades

• Credit Suisse upgraded Morgan Stanley MS from Neutral to Outperform. Kraft Heinz shares gained 0.48 percent to $50.00 in pre-market trading.
• Telsey Advisory Group upgraded Kohl's Corporation KSS from Market Perform to Outperform. Kohl's shares dropped 2.12 percent to close at $43.34 on Thursday.
• Jefferies upgraded INC Research Holdings Inc INCR from Hold to Buy. INC Research shares rose 1.84 percent to $55.45 in pre-market trading.
• Analysts at RBC Capital upgraded Walt Disney Co DIS from Outperform to Top Pick. Disney shares rose 0.63 percent to $100.70 in pre-market trading.
• Credit Suisse upgraded SunTrust Banks, Inc. STI from Underperform to Neutral. SunTrust shares rose 0.25 percent to close at $60.77 on Friday.
• Wells Fargo upgraded Johnson & Johnson JNJ from Market Perform to Outperform. Johnson & Johnson shares gained 0.89 percent to $134.40 in pre-market trading.
• Bank of America upgraded E*TRADE Financial Corp ETFC from Neutral to Buy. E*TRADE shares rose 0.66 percent to $44.24 in pre-market trading.
• Analysts at Goldman Sachs upgraded British American Tobacco PLC (ADR) BTI from Neutral to Buy. British American Tobacco shares rose 1.48 percent to $63.25 in pre-market trading.

Top Downgrades

• JP Morgan downgraded PTC Therapeutics, Inc. PTCT from Neutral to Underweight. PTC Therapeutics shares fell 8.30 percent to $18.00 in pre-market trading.
• Credit Suisse downgraded Goldman Sachs Group Inc GS from Outperform to Neutral. Synchrony Financial shares fell 0.02 percent to $245.97 in pre-market trading.
• Analysts at Raymond James downgraded Express Scripts Holding Company ESRX from Market Perform to Underperform. Express Scripts shares fell 0.99 percent to $61.74 in pre-market trading.
• Mizuho downgraded Synaptics, Incorporated SYNA from Buy to Neutral. Synaptics shares fell 1.92 percent to $37.75 in pre-market trading.
• Barclays downgraded Mellanox Technologies, Ltd. MLNX from Equal-Weight to Underweight. Mellanox shares fell 1.47 percent to $46.80 in pre-market trading.
• Wells Fargo downgraded Medtronic plc. MDT from Outperform to Market Perform. Medtronic shares dropped 2.56 percent to $77.77 in pre-market trading.
• Cantor Fitzgerald downgraded Yelp Inc YELP from Overweight to Neutral. Yelp shares slipped 2.63 percent to $45.50 in pre-market trading.
• Stifel Nicolaus downgraded Conn's Inc CONN from Buy to Hold. Conn's shares declined 2.5 percent to $27.25 in pre-market trading.
• Analysts at Citigroup downgraded Viacom, Inc. VIAB from Neutral to Sell. Viacom shares slipped 4 percent to $26.06 in pre-market trading.
• Keefe Bruyette & Woods downgraded BofI Holding, Inc. BOFI from Outperform to Market Perform. BofI Holding shares declined 0.57 percent to close at $27.92 on Friday.

Top Initiations

• JP Morgan initiated coverage on Almost Family Inc AFAM with a Neutral rating. The price target for Almost Family is set to $54. Almost Family shares closed at $50.60 on Friday.
• HSBC initiated coverage on Liberty Global plc LILA with a Reduce rating. The price target for Liberty Global is set to $22.50. Liberty Global shares closed at $24.66 on Friday.
• Analysts at Piper Jaffray initiated coverage on Altimmune Inc ALT with an Overweight rating. The price target for Altimmune is set to $6. Altimmune shares closed at $2.27 on Friday.
• Nomura initiated coverage on Yum China Holdings Inc YUMC with a Buy rating. Yum China shares closed at $40.82 on Friday.
• Analysts at Cowen initiated coverage on WellCare Health Plans, Inc. WCG with an Outperform rating. The price target for WellCare Health is set to $200. WellCare Health shares closed at $174.04 on Friday.
• H.C. Wainwright initiated coverage on Onconova Therapeutics Inc ONTX with a Buy rating. The price target for Onconova Therapeutics is set to $6. Onconova Therapeutics shares closed at $1.75 on Friday.
• Analysts at Barclays initiated coverage of Ctrip.Com International Ltd (ADR) CTRP with an Overweight rating. The price target for Ctrip.Com is set to $62. Ctrip.Com shares closed at $55.71 on Friday.