Benzinga's Top Upgrades, Downgrades For May 24, 2017

Top Upgrades

• Analysts at Susquehanna upgraded DSW Inc. DSW from Negative to Neutral. DSW shares gained 5.5 percent to $17.10 in pre-market trading.
• Credit Suisse upgraded United States Steel Corporation X from Neutral to Outperform. United States Steel shares rose 2.21 percent to $20.83 in pre-market trading.
• Analysts at Aegis Capital upgraded iPass Inc. IPAS from Hold to Buy. iPass shares rose 4.55 percent to close at $1.38 on Tuesday.
• Analysts at Raymond James upgraded Union Bankshares Corp UBSH from Outperform to Strong Buy. Union Bankshares shares gained 4.78 percent to close at $32.86 on Tuesday.
• Evercore ISI Group upgraded Diana Shipping Inc. DSX from Underperform to In-Line. Diana Shipping shares rose 3.50 percent to $4.14 in pre-market trading.
• Analysts at Morgan Stanley upgraded Autoliv Inc. ALV from Equal-Weight to Overweight. Autoliv shares rose 1.39 percent to $108.39 in pre-market trading.
• Wells Fargo upgraded Novocure Ltd NVCR from Market Perform to Outperform. NovoCure shares dropped 1.69 percent to close at $11.60 on Tuesday.
• Credit Suisse upgraded Steel Dynamics, Inc. STLD from Neutral to Outperform. Steel Dynamics shares rose 1.33 percent to $35.75 in pre-market trading.

Top Downgrades

• Deutsche Bank downgraded Ciena Corporation CIEN from Buy to Hold. Ciena shares fell 1.64 percent to $23.95 in pre-market trading.
• UBS downgraded T. Rowe Price Group Inc TROW from Buy to Sell. T. Rowe Price shares declined 0.34 percent to close at $71.06 on Tuesday.
• Credit Suisse downgraded Ooma Inc OOMA from Outperform to Neutral. Ooma shares rose 0.43 percent to close at $11.70 on Tuesday.
• Goldman Sachs downgraded Zions Bancorp ZION from Buy to Neutral. Zions Bancorp shares gained 2.81 percent to close at $41.34 on Tuesday.
• Stifel Nicolaus downgraded Aegean Marine Petroleum Network Inc. ANW from Buy to Hold. Aegean Marine Petroleum shares fell 23.8 percent to $8.00 in pre-market trading.
• SunTrust Robinson Humphrey downgraded Accenture Plc ACN from Buy to Hold. Accenture shares slipped 0.52 percent to $121.52 in pre-market trading.
• Stephens & Co. downgraded AutoZone, Inc. AZO from Overweight to Equal-Weight. AutoZone shares rose 0.08 percent to $581.88 in pre-market trading.
• Analysts at JP Morgan downgraded Momo Inc (ADR) MOMO from Overweight to Neutral. Momo shares rose 0.10 percent to $41.11 in pre-market trading.
• Analysts at Credit Suisse downgraded Liberty Global plc - Class A LBTYA from Outperform to Neutral. Liberty Global shares rose 0.16 percent to close at $30.90 on Tuesday.

Top Initiations

• Analysts at Bernstein initiated coverage of Red Hat Inc RHT with a Market Perform rating. Red Hat shares closed at $87.63 on Tuesday.
• Analysts at JMP Securities initiated coverage on Atlas Financial Holdings Inc AFH with a Market Outperform rating. The price target for Atlas Financial is set to $18. Atlas Financial shares closed at 14.80 on Tuesday.
• Piper Jaffray initiated coverage on Shake Shack Inc SHAK with an Overweight rating. The price target for Shake Shack is set to $44. Shake Shack shares closed at $37.03 on Tuesday.
• Analysts at Canaccord Genuity initiated coverage on Napco Security Technologies Inc NSSC with a Buy rating. The price target for Napco Security is set to $12. Napco Security shares closed at $8.80 on Tuesday.
• Bernstein initiated coverage of Autodesk, Inc. ADSK with an Outperform rating. Autodesk shares closed at $112.97 on Tuesday.
• FBR Capital initiated coverage on Kindred Biosciences Inc KIN with an Outperform rating. The price target for Kindred Biosciences is set to $10. Kindred Biosciences shares closed at $6.90 on Tuesday.
• CL King initiated coverage on Lamb Weston Holdings Inc LW with a Strong Buy rating. The price target for Lamb Weston is set to $55. Lamb Weston shares closed at $44.22 on Tuesday.
• Analysts at DA Davidson initiated coverage on Mattel, Inc. MAT with a Buy rating. The price target for Mattel is set to $30. Mattel shares closed at $21.75 on Tuesday.
• Analysts at Bernstein initiated coverage on Teradata Corporation TDC with an Underperform rating. Teradata shares closed at $28.77 on Tuesday.