Benzinga's Top Upgrades, Downgrades For February 7, 2017

Top Upgrades

• Analysts at Northcoast Research upgraded Stage Stores Inc SSI from Sell to Neutral. Stage Stores shares rose 2.04 percent to $2.50 in pre-market trading.
• Analysts at Morgan Stanley upgraded Nokia Corp (ADR) NOK from Equal-Weight to Overweight. Nokia shares rose 2.11 percent to $4.85 in pre-market trading.
• Analysts at Argus Research upgraded Parker-Hannifin Corp PH from Hold to Buy. Parker Hannifin shares rose 0.62 percent to $149.57 in pre-market trading.
• JP Morgan upgraded SYSCO Corporation SYY from Neutral to Overweight. Sysco shares rose 1.95 percent to $52.20 in pre-market trading.
• Analysts at Baird upgraded W. R. Grace & Co GRA from Neutral to Outperform. W R Grace shares gained 0.52 percent to $71.37 in pre-market trading.
• Analysts at Barclays upgraded Caterpillar Inc. CAT from Equal-Weight to Overweight. Caterpillar shares rose 1.54 percent to $94.30 in pre-market trading.
• Bank of America upgraded Apollo Global Management LLC APO from Neutral to Buy. Apollo Global shares rose 0.05 percent to close at $22.14 on Monday.
• BTIG Research upgraded Check Point Software Technologies Ltd. CHKP from Neutral to Buy. Check Point shares rose 0.37 percent to $99.33 in pre-market trading.
• Citigroup upgraded Biogen Inc BIIB from Neutral to Buy. Biogen shares gained 0.09 percent to close at $264.91 on Monday.
• Argus Research upgraded United States Steel Corporation X from Hold to Buy. United States Steel shares rose 1.43 percent to $34.69 in pre-market trading.

Top Downgrades

• HSBC downgraded Tiffany & Co. TIF from Buy to Hold. Tiffany shares fell 2.45 percent to close at $78.49 on Monday.
• Bank of America downgraded Triumph Group Inc TGI from Buy to Underperform. Triumph Group shares fell 3.29 percent to close at $27.95 on Monday.
• Morgan Stanley downgraded Himax Technologies, Inc. (ADR) HIMX from Equal-Weight to Underweight. Himax shares declined 0.78 percent to $5.10 in pre-market trading.
• Canaccord Genuity downgraded Asanko Gold Inc AKG from Speculative Buy to Hold. Asanko Gold shares rose 2.45 percent to close at $3.77 on Monday.
• Wells Fargo downgraded Capstead Mortgage Corporation CMO from Outperform to Market Perform. Capstead Mortgage shares rose 0.94 percent to close at $10.70 on Monday.

Top Initiations

• Analysts at Needham initiated coverage on Athersys, Inc. ATHX with a Buy rating. The price target for Athersys is set to $7. Athersys shares closed at $1.16 on Monday.
• Analysts at Noble Financial initiated coverage on Anavex Life Sciences Corp. AVXL with a Buy rating. The price target for Anavex Life Sciences is set to $16. Anavex Life Sciences shares closed at $5.10 on Monday.
• Analysts at Loop Capital initiated coverage of National-Oilwell Varco, Inc. NOV with a Hold rating. National-Oilwell Varco shares closed at $37.46 on Monday.
• Analysts at Cantor Fitzgerald initiated coverage on UnitedHealth Group Inc UNH with an Overweight rating. The price target for UnitedHealth is set to $200. UnitedHealth shares closed at $160.51 on Monday.
• Analysts at Citigroup initiated coverage on Costamare Inc CMRE with a Neutral rating. Costamare shares closed at $5.38 on Monday.
• Analysts at Raymond James initiated coverage of Bioverativ Inc BIVV with a Strong Buy rating. Bioverativ shares closed at $42.83 on Monday.
• Analysts at Berenberg initiated coverage on athenahealth, Inc ATHN with a Buy rating. The price target for athenahealth is set to $143. athenahealth shares closed at $110.61 on Monday.
• Analysts at Needham initiated coverage on Barracuda Networks Inc CUDA with a Buy rating. Barracuda shares closed at $24.00 on Monday.
• Morgan Stanley initiated coverage on BioMarin Pharmaceutical Inc. BMRN with an Overweight rating. The price target for BioMarin is set to $110. BioMarin shares closed at $88.74 on Monday.
• Bernstein initiated coverage on Wal-Mart Stores Inc WMT with a Market Perform rating. The price target for Wal-Mart is set to $75. Wal-Mart shares closed at $66.40 on Monday.