Benzinga's Top Upgrades, Downgrades For March 5, 2018

Top Upgrades

• Cowen & Co. upgraded Intrepid Potash, Inc. IPI from Underperform to Market Perform. Intrepid Potash shares rose 8.15 percent to $3.85 in pre-market trading.
• JP Morgan upgraded New Oriental Education & Tech Grp (ADR) EDU from Underweight to Neutral. New Oriental Education shares fell 1.5 percent to close at $85.92 on Friday.
• Analysts at Bernstein upgraded Teradata Corporation TDC from Underperform to Market Perform. Teradata shares rose 0.51 percent to $39.38 in pre-market trading.
• Piper Jaffray upgraded Strayer Education Inc STRA from Neutral to Overweight. Strayer Education shares rose 2.82 percent to close at $89.67 on Friday.
• Deutsche Bank upgraded Monster Beverage Corporation MNST from Hold to Buy. Monster Beverage shares rose 1.72 percent to $55.09 in pre-market trading.
• Mizuho upgraded Microchip Technology Inc. MCHP from Neutral to Buy. Microchip Technology shares rose 2.55 percent to close at $91.29 on Friday.
• Ladenburg Thalmann upgraded WhiteHorse Finance Inc WHF from Neutral to Buy. WhiteHorse Finance shares rose 6.01 percent to close at $11.65 on Friday.
• Analysts at Morgan Stanley upgraded Groupon Inc GRPN from Underweight to Equal-Weight. Groupon shares rose 2.11 percent to $4.36 in pre-market trading.
• Cowen & Co. upgraded Mosaic Co MOS from Market Perform to Outperform. Mosaic shares rose 1.38 percent to $27.12 in pre-market trading.
• Baird upgraded LaSalle Hotel Properties LHO from Neutral to Outperform. LaSalle Hotel Properties shares rose 1.58 percent to close at $25.00 on Friday.

Top Downgrades

• Analysts at Raymond James downgraded Finisar Corporation FNSR from Strong Buy to Outperform. Finisar shares rose 2.48 percent to $18.60 in pre-market trading.
• BMO Capital downgraded Microsemi Corporation MSCC from Outperform to Market Perform. Microsemi shares fell 0.07 percent to $67.25 in pre-market trading.
• Leerink Swann downgraded LifePoint Health Inc LPNT from Outperform to Market Perform. LifePoint Health shares fell 2.38 percent to $45.20 in pre-market trading.
• DA Davidson downgraded Hospitality Properties Trust HPT from Buy to Neutral. VMware shares fell 2.17 percent to close at $24.36 on Friday.
• Mizuho downgraded Microsemi Corporation MSCC from Buy to Neutral. Microsemi shares fell 0.07 percent to $67.25 in pre-market trading.
• Hovde Group downgraded Sussex Bancorp SBBX from Outperform to Market Perform. Sussex shares fell 0.34 percent to close at $29.60 on Friday.
• Evercore ISI Group downgraded SL Green Realty Corp SLG from In-Line to Underperform. SL Green Realty shares fell 0.39 percent to $97.47 in pre-market trading.
• Drexel Hamilton downgraded Vectrus Inc VEC from Buy to Hold. Vectrus shares dropped 1.19 percent to $36.51 in pre-market trading.
• Evercore ISI Group downgraded DDR Corp DDR from In-Line to Underperform. DDR shares fell 0.63 percent to $7.87 in pre-market trading.

Top Initiations

• Credit Suisse initiated coverage on PagSeguro Digital Ltd. PAGS with a Neutral rating. The price target for PagSeguro Digital is set to $34. PagSeguro Digital shares closed at $33.34 on Friday.
• Analysts at Barclays initiated coverage on Cactus Inc WHD with an Overweight rating. The price target for Cactus is set to $31. Cactus closed at $24.66 on Friday.
• RBC Capital initiated coverage on Xperi Corporation XPER with an Outperform rating. The price target for Xperi is set to $27. Xperi shares closed at $22.20 on Friday.
• JP Morgan initiated coverage on Victory Capital Holdings, Inc. VCTR with an Overweight rating. The price target for Victory Capital is set to $14.50. Victory Capital shares closed at $13.30 on Friday.
• Goldman Sachs initiated coverage on Revance Therapeutics Inc RVNC with a Buy rating. The price target for Revance Therapeutics is set to $60. Revance Therapeutics shares closed at $31.30 on Friday.
• Roth Capital initiated coverage on iPic Entertainment Inc IPIC with a Buy rating. The price target for iPic Entertainment is set to $18. iPic Entertainment shares closed at $11.32 on Friday.
• Cantor Fitzgerald initiated coverage on Evolus Inc EOLS with an Overweight rating. The price target for Evolus is set to $25. Evolus shares closed at $11.44 on Friday.
• Analysts at H.C. Wainwright initiated coverage on MacroGenics Inc MGNX with a Buy rating. The price target for MacroGenics is set to $38. MacroGenics shares closed at $28.94 on Friday.
• Analysts at Morgan Stanley initiated coverage on Victory Capital Holdings, Inc. VCTR with an Overweight rating. The price target for Victory Capital is set to $19. Victory Capital shares closed at $13.30 on Friday.