Benzinga's Top Upgrades, Downgrades For May 10, 2018

Top Upgrades

• Goldman Sachs upgraded American International Group Inc AIG from Neutral to Buy. AIG shares rose 1 percent to $53.34 in pre-market trading.
• Scotiabank upgraded New Gold Inc. NGD from Sector Perform to Outperform. New Gold shares rose 3.67 percent to $2.54 in pre-market trading.
• Argus upgraded Republic Services, Inc. RSG from Hold to Buy. Republic Services shares gained 0.69 percent to $68.10 in pre-market trading.
• Raymond James upgraded Inter Parfums, Inc. IPAR from Market Perform to Outperform. Inter Parfums shares fell 7.45 percent to close at $46.60 on Wednesday.
• Analysts at UBS upgraded Groupon, Inc. GRPN from Sell to Neutral.. Groupon shares rose 2.46 percent to $5.00 in pre-market trading.
• H.C. Wainwright upgraded Proteon Therapeutics, Inc. PRTO from Neutral to Buy. Proteon Therapeutics shares rose 7.14 percent to $2.25 in pre-market trading.
• Susquehanna upgraded Wolverine World Wide, Inc. WWW from Negative to Neutral. Wolverine shares rose 7.21 percent to close at $31.95 on Wednesday.
• Jefferies upgraded Cott Corporation COT from Hold to Buy. Cott shares rose 0.51 percent to close at $15.78 on Tuesday.
• Bank of America upgraded Halliburton Company HAL from Neutral to Buy. Halliburton shares rose 0.66 percent to $53.05 in pre-market trading.
• Berenberg upgraded Coty Inc COTY from Sell to Hold. Coty shares rose 0.60 percent to $15.10 in pre-market trading.

Top Downgrades

• Morgan Stanley downgraded Macy's, Inc. M from Equal-Weight to Underweight. Macy's shares fell 4.15 percent to $28.88 in pre-market trading.
• JMP Securities downgraded SolarEdge Technologies, Inc. SEDG from Market Outperform to Market Perform. SolarEdge Technologies shares rose 2.43 percent to $57.00 in pre-market trading.
• Bank of America downgraded Baker Hughes, a GE company BHGE from Buy to Neutral. Baker Hughes shares rose 0.94 percent to close at $36.37 on Wednesday.
• Canaccord Genuity downgraded Astronics Corporation ATRO from Buy to Hold. Astronics shares dropped 7.06 percent to close at $34.90 on Wednesday.
• Tudor Pickering downgraded Newfield Exploration Company NFX from Buy to Hold. Newfield Exploration shares rose 0.32 percent to $28.28 in pre-market trading.
• Baird downgraded The Middleby Corporation MIDD from Outperform to Neutral. Middleby shares fell 1.43 percent to $107.00 in pre-market trading.
• Raymond James downgraded Wix.com Ltd. WIX from Strong Buy to Outperform. Wix.com shares fell 3.05 percent to close at $83.425 on Wednesday.
• Citigroup downgraded Andeavor ANDV from Buy to Neutral. Andeavor shares rose 1.98 percent to close at $140.28 on Wednesday.
• Moffett Nathanson downgraded Tableau Software, Inc. DATA from Neutral to Sell. Tableau Software shares fell 0.96 percent to $94.30 in pre-market trading.
• Tudor Pickering downgraded EOG Resources, Inc. EOG from Buy to Hold. EOG Resources shares rose 0.57 percent to $118.45 in pre-market trading.

Top Initiations

• Analysts at Credit Suisse initiated coverage on Motorola Solutions, Inc. MSI with an Outperform rating. The price target for Motorola Solutions is set to $129. Motorola Solutions shares closed at $105.78 on Wednesday.
• Goldman Sachs initiated coverage on Ultragenyx Pharmaceutical Inc RARE with a Neutral rating. The price target for Ultragenyx Pharmaceutical is set to $63. Ultragenyx Pharmaceutical shares closed at $59.40 on Wednesday.
• Analysts at Credit Suisse initiated coverage on Arista Networks Inc ANET with an Outperform rating. The price target for Arista Networks is set to $303. Arista Networks shares closed at $259.42 on Wednesday.
• Oppenheimer initiated coverage on Trade Desk Inc TTD with an Outperform rating. The price target for Trade Desk is set to $66. Trade Desk shares closed at $51.52 on Wednesday.
• Raymond James initiated coverage on AmeriCold Realty Trust COLD with an Outperform rating. The price target for AmeriCold Realty Trust is set to $22.50. AmeriCold Realty Trust shares closed at $21.49 on Wednesday.
• Credit Suisse initiated coverage on Cisco Systems, Inc. CSCO with a Neutral rating. The price target for Cisco is set to $41. Cisco shares closed at $46.04 on Wednesday.
• RBC Capital initiated coverage on nVent Electric plc NVT with an Outperform rating. The price target for nVent Electric is set to $29. nVent Electric shares closed at $24.48 on Wednesday.
• Credit Suisse initiated coverage on F5 Networks, Inc. FFIV with an Outperform rating. The price target for F5 Networks is set to $88. F5 Networks shares closed at $172.00 on Wednesday.
• Analysts at Goldman Sachs initiated coverage on Five Prime Therapeutics Inc FPRX with a Neutral rating. The price target for Five Prime Therapeutics is set to $20. Five Prime Therapeutics closed at $17.94 on Wednesday.