Benzinga's Top Upgrades, Downgrades For February 6, 2017

Top Upgrades

• Analysts at Needham upgraded Cytokinetics, Inc. CYTK from Buy to Strong Buy. Cytokinetics shares rose 13.7 percent to $12.80 in pre-market trading.
• Analysts at Gabelli & Co. upgraded Motorola Solutions Inc MSI from Hold to Buy. Motorola Solutions shares rose 0.12 percent to $81.70 in pre-market trading.
• Analysts at Raymond James upgraded FedEx Corporation FDX from Market Perform to Outperform. FedEx shares rose 0.68 percent to $189.49 in pre-market trading.
• JP Morgan upgraded Cabot Oil & Gas Corporation COG from Neutral to Overweight. Cabot Oil & Gas shares rose 7.65 percent to $23.07 in pre-market trading.
• Analysts at Atlantic Equities upgraded CBS Corporation CBS from Neutral to Overweight. CBS shares gained 0.02 percent to $64.15 in pre-market trading.
• Analysts at Roth Capital upgraded Glu Mobile Inc. GLUU from Neutral to Buy. Glu Mobile shares rose 3.70 percent to $2.52 in pre-market trading.
• RBC Capital upgraded TrueCar Inc TRUE from Sector Perform to Outperform. TrueCar shares rose 3.55 percent to $13.70 in pre-market trading.
• Bernstein upgraded Delta Air Lines, Inc. DAL from Market Perform to Outperform. Delta Air shares rose 1.44 percent to $48.50 in pre-market trading.
• Credit Suisse upgraded PRA Health Sciences Inc PRAH from Neutral to Outperform. PRA Health shares gained 1.27 percent to close at $59.02 on Friday.
• Nomura upgraded Range Resources Corp. RRC from Neutral to Buy. Range Resources shares rose 0.84 percent to $33.75 in pre-market trading.

Top Downgrades

• JMP Securities downgraded Aerohive Networks Inc HIVE from Market Outperform to Market Perform. Aerohive shares fell 4.58 percent to $5.00 in pre-market trading.
• Evercore ISI Group downgraded AutoNation, Inc. AN from Buy to Hold. AutoNation shares fell 0.52 percent to $49.51 in pre-market trading.
• DA Davidson downgraded Vista Outdoor Inc VSTO from Buy to Neutral. Vista Outdoor shares declined 1.76 percent to $25.72 in pre-market trading.
• Barclays downgraded Packaging Corp Of America PKG from Overweight to Equal-Weight. Packaging Corp shares rose 0.91 percent to close at $94.22 on Friday.
• Roth Capital downgraded NVIDIA Corporation NVDA from Buy to Neutral. NVDA shares dropped 0.52 percent to $113.78 in pre-market trading.
• Mizuho downgraded Tiffany & Co. TIF from Buy to Neutral. Tiffany shares declined 4.01 percent to $77.24 in pre-market trading.
• Analysts at Baird downgraded Laboratory Corp. of America Holdings LH from Outperform to Neutral. Laboratory Corp shares rose 0.88 percent to close at $137.69 on Friday.
• Analysts at Credit Suisse downgraded PAREXEL International Corporation PRXL from Outperform to Neutral. Parexel shares declined 1.44 percent to close at $63.01 on Friday.
• Morgan Stanley downgraded Calpine Corporation CPN from Overweight to Equal-Weight. Calpine shares fell 0.43 percent to $11.60 in pre-market trading.
• Analysts at Barclays downgraded International Paper Co IP from Equal-Weight to Underweight. International Paper shares dropped 1.64 percent to $52.14 in pre-market trading.

Top Initiations

• Analysts at Capital One Financial initiated coverage on Pioneer Energy Services Corp PES with an Overweight rating. Pioneer Energy shares closed at $6.50 on Friday.
• Analysts at Rodman & Renshaw initiated coverage on Advanced Emissions Solutions, Inc. ADES with a Buy rating. The price target for Advanced Emissions is set to $18. Advanced Emissions shares closed at $10.12 on Friday.
• Analysts at Needham initiated coverage of Barracuda Networks Inc CUDA with a Buy rating. The price target for Barracuda is set to $28. Barracuda shares closed at $23.86 on Friday.
• Analysts at Jefferies initiated coverage on FMC Technologies, Inc. FTI with a Hold rating. FMC Technologies shares closed at $33.41 on Friday.
• Analysts at Aegis Capital initiated coverage on Accuray Incorporated ARAY with a Buy rating. Accuray shares closed at $5.60 on Friday.
• Analysts at Williams Capital initiated coverage of Otter Tail Corporation OTTR with a Hold rating. Otter Tail shares closed at $38.90 on Friday.
• Analysts at Cowen & Co. initiated coverage on TESARO Inc TSRO with a Market Perform rating. TESARO shares closed at $164.18 on Friday.
• Analysts at Goldman Sachs initiated coverage on Platform Specialty Products Corp PAH with a Buy rating. Platform Specialty Products shares closed at $12.40 on Friday.