Benzinga's Top Upgrades, Downgrades For October 23, 2017

Top Upgrades

• Baird upgraded TerraForm Power Inc TERP from Neutral to Outperform. TerraForm Power shares fell 0.95 percent to close at $13.55 on Friday.
• Piper Jaffray upgraded ServiceNow Inc NOW from Neutral to Overweight. ServiceNow shares gained 3.30 percent to close at $124.82 on Friday.
• Citigroup upgraded Science Applications International Corp SAIC from Neutral to Buy. Science Applications shares climbed 1.47 percent to close at $70.88 on Friday.
• Cowen & Co. upgraded CAI International Inc CAI from Market Perform to Outperform. CAI International shares gained 1.18 percent to $37.70 in pre-market trading.
• Analysts at JP Morgan upgraded SM Energy Co SM from Neutral to Overweight. SM Energy shares gained 0.76 percent to $18.55 in pre-market trading.
• Deutsche Bank upgraded Illumina, Inc. ILMN from Hold to Buy. Illumina shares rose 1.96 percent to $214.00 in pre-market trading.
• Wells Fargo upgraded Dr Pepper Snapple Group Inc. DPS from Market Perform to Outperform. Dr Pepper Snapple shares rose 1.37 percent to $90.25 in pre-market trading.
• Citigroup upgraded Cemex SAB de CV (ADR) CX from Neutral to Buy. Cemex shares rose 1.63 percent to $8.09 in pre-market trading.
• Analysts at Canaccord Genuity upgraded Mulesoft Inc MULE from Hold to Buy. MuleSoft shares gained 0.96 percent to close at $23.17 on Friday.

Top Downgrades

• UBS downgraded General Electric Company GE from Buy to Neutral. GE shares fell 1.34 percent to $23.51 in pre-market trading.
• Analysts at Citigroup downgraded Biogen Inc BIIB from Buy to Neutral. Biogen shares fell 0.57 percent to $336.18 in pre-market trading.
• KeyBanc downgraded Mercadolibre Inc MELI from Overweight to Sector Weight. MercadoLibre shares dropped 2.43 percent to $230.00 in pre-market trading.
• Mizuho downgraded Eastgroup Properties Inc EGP from Buy to Neutral. EastGroup Properties shares slipped 0.71 percent to close at $90.90 on Friday.
• JP Morgan downgraded Range Resources Corp. RRC from Overweight to Neutral. Range Resources shares fell 0.85 percent to $18.70 in pre-market trading.
• Analysts at RBC Capital downgraded Equifax Inc. EFX from Outperform to Sector Perform. Equifax shares fell 0.88 percent to $109.00 in pre-market trading.
• Jefferies downgraded Aerojet Rocketdyne Holdings, Inc. AJRD from Buy to Hold. Aerojet Rocketdyne shares rose 1.47 percent to close at $34.40 on Friday.
• Morgan Stanley downgraded General Electric Company GE from Equal-Weight to Underweight. GE shares fell 1.34 percent to $23.51 in pre-market trading.
• Buckingham downgraded Foot Locker, Inc. FL from Buy to Neutral. Foot Locker shares declined 1.21 percent to $30.90 in pre-market trading.
• Baird downgraded IBERIABANK Corp IBKC from Outperform to Neutral. IBERIABANK shares fell 5.86 percent to close at $75.45 on Friday.

Top Initiations

• Analysts at Barclays initiated coverage on Clovis Oncology Inc CLVS with an Overweight rating. The price target for Clovis Oncology is set to $205. Clovis Oncology shares closed at $77.50 on Friday.
• JMP Securities initiated coverage on Deciphera Pharmaceuticals Inc DCPH with a Market Outperform rating. The price target for Deciphera Pharmaceuticals is set to $38. Deciphera Pharmaceuticals shares closed at $20.15 on Friday.
• Citigroup initiated coverage on Roku Inc ROKU with a Neutral rating. The price target for Roku is set to $24. Roku shares closed at $21.87 on Friday.
• Cowen & Co. initiated coverage on NuCana PLC (ADR) NCNA with an Outperform rating. NuCana shares closed at $14.08 on Friday.
• BMO Capital initiated coverage on Nightstar Therapeutics PLC NITE with an Outperform rating. The price target for Nightstar Therapeutics is set to $30. Nightstar Therapeutics shares closed at $19.00 on Friday.
• Analysts at Piper Jaffray initiated coverage of AMAG Pharmaceuticals, Inc. AMAG with a Neutral rating. The price target for AMAG Pharmaceuticals is set to $18. AMAG Pharmaceuticals shares closed at $15.60 on Friday.
• Capital One Financial initiated coverage on Hillenbrand, Inc. HI with an Equal-Weight rating. Hillenbrand shares rose 1.29 percent to $39.40 in pre-market trading.
• Analysts at Barclays initiated coverage on TESARO Inc TSRO with an Equal-Weight rating. The price target for TESARO is set to $135. TESARO shares closed at $116.40 on Friday.
• UBS initiated coverage on Ball Corporation BLL with a Buy rating and a $50.00 price target. Ball shares rose 0.86 percent to close at $42.30 on Friday,
• Analysts at Piper Jaffray assumed coverage on Biogen Inc BIIB with an Overweight rating. The price target for Biogen is set to $390. Biogen shares closed at $338.10 on Friday.