Benzinga's Top Upgrades, Downgrades For January 10, 2017

Top Upgrades

• Analysts at Goldman Sachs upgraded E*TRADE Financial Corp ETFC from Neutral to Buy. E*TRADE shares rose 0.93 percent to $36.80 in pre-market trading.
• Stifel Nicolaus upgraded Baidu Inc (ADR) BIDU from Hold to Buy. Baidu shares rose 0.76 percent to $178.50 in pre-market trading.
• DA Davidson upgraded Barracuda Networks Inc CUDA from Underperform to Neutral. Barracuda shares rose 8.54 percent to $25.80 in pre-market trading.
• Analysts at Barclays upgraded Robert Half International Inc. RHI from Underweight to Equal-Weight. Robert Half shares gained 0.10 percent to close at $48.35 on Monday.
• Baird upgraded Acuity Brands, Inc. AYI from Neutral to Outperform. Acuity Brands shares rose 2.02 percent to $206.60 in pre-market trading.
• Analysts at Goldman Sachs upgraded Xerox Corp XRX from Neutral to Buy. Xerox shares gained 1.87 percent to $7.10 in pre-market trading.
• KeyBanc upgraded Kennametal Inc. KMT from Sector Weight to Overweight. Kennametal shares fell 1.49 percent to close at $31.73 on Monday.
• Susquehanna upgraded NOW Inc DNOW from Neutral to Positive. NOW shares fell 5.33 percent to close at $19.89 on Monday.
• Analysts at Goldman Sachs upgraded Vodafone Group Plc (ADR) VOD from Neutral to Buy. Vodafone shares rose 1.68 percent to $26.01 in pre-market trading.
• Analysts at Oppenheimer upgraded American Express Company AXP from Perform to Outperform. American Express shares rose 0.53 percent to $76.26 in pre-market trading.

Top Downgrades

• Jefferies downgraded Williams Companies Inc WMB from Buy to Hold. Williams shares fell 10.37 percent to $28.62 in pre-market trading.
• Goldman Sachs downgraded Travelers Companies Inc TRV from Neutral to Sell. Travelers shares fell 1.76 percent to $115.26 in pre-market trading.
• Analysts at Citigroup downgraded Goldman Sachs Group Inc GS from Neutral to Sell. Goldman Sachs shares declined 0.77 percent to $241.01 in pre-market trading.
• UBS downgraded Moody's Corporation MCO from Buy to Neutral. Moody's shares dropped 1.03 percent to $95.86 in pre-market trading.
• HSBC downgraded Chevron Corporation CVX from Buy to Hold. Chevron shares fell 0.86 percent to close at $115.84 on Monday.
• Analysts at Barclays downgraded FactSet Research Systems Inc. FDS from Equal-Weight to Underweight. FactSet shares fell 0.55 percent to close at $169.80 on Monday.
• Jefferies downgraded Ariad Pharmaceuticals, Inc. ARIA from Buy to Hold. ARIAD Pharmaceuticals shares declined 0.08 percent to $23.73 in pre-market trading.
• Analysts at Citigroup downgraded Comerica Incorporated CMA from Neutral to Sell. Comerica shares dropped 0.78 percent to $69.00 in pre-market trading.
• Bank of America downgraded Spectrum Brands Holdings, Inc. SPB from Buy to Neutral. Spectrum Brands shares rose 0.88 percent to close at $123.20 on Monday.

Top Initiations

• Analysts at Goldman Sachs initiated coverage on Trivago NV - ADR TRVG with a Neutral rating. The price target for Trivago is set to $14. Trivago shares closed at $11.89 on Monday.
• Analysts at Loop Capital initiated coverage on Paypal Holdings Inc PYPL with a Hold rating. The price target for Paypal is set to $44. Paypal shares closed at $41.40 on Monday.
• Analysts at Aegis Capital initiated coverage of Titan Machinery Inc. TITN with a Buy rating. The price target for Titan Machinery is set to $18. Titan Machinery shares closed at $13.95 on Monday.
• Analysts at UBS initiated coverage on Park Hotels & Resorts Inc PK with a Neutral rating. The price target for Park Hotels & Resorts is set to $30. Park Hotels & Resorts shares closed at $29.33 on Monday.
• Canaccord Genuity initiated coverage on US Ecology Inc ECOL with a Buy rating. The price target for US Ecology is set to $60. US Ecology shares closed at $49.05 on Monday.
• Analysts at Loop Capital initiated coverage on Cognizant Technology Solutions Corp CTSH with a Hold rating. The price target for Cognizant Technology is set to $60. Cognizant Technology shares closed at $56.58 on Monday.
• Analysts at Keefe Bruyette & Woods initiated coverage on First Internet Bancorp INBK with an Outperform rating. The price target for First Internet Bancorp is set to $36. First Internet Bancorp shares closed at $29.60 on Monday.
• Analysts at Canaccord Genuity initiated coverage on Clean Harbors Inc CLH with a Hold rating. The price target for Clean Harbors is set to $57. Clean Harbors shares closed at $56.14 on Monday.