Benzinga's Top Upgrades, Downgrades For April 20, 2017

Top Upgrades

• Citigroup upgraded Discovery Communications Inc. DISCA from Sell to Neutral. Discovery shares rose 1.08 percent to close at $28.92 on Wednesday.
• Argus Research upgraded ADTRAN, Inc. ADTN from Hold to Buy. Adtran shares gained 1.02 percent to close at $19.80 on Wednesday.
• Wedbush upgraded BJ's Restaurants, Inc. BJRI from Underperform to Neutral. BJ's Restaurants shares fell 0.84 percent to close at $41.25 on Wednesday.
• Analysts at Stifel Nicolaus upgraded Starbucks Corporation SBUX from Hold to Buy. Starbucks shares rose 1.47 percent to $59.91 in pre-market trading.
• Analysts at Piper Jaffray upgraded Genesco Inc. GCO from Neutral to Overweight.. Genesco shares gained 1.49 percent to close at $51.25 on Wednesday.
• Baird upgraded Lear Corporation LEA from Neutral to Outperform. Lear shares rose 1.72 percent to close at $136.58 on Wednesday.
• Analysts at JP Morgan upgraded Gap Inc GPS from Underweight to Neutral. Gap shares rose 1.57 percent to $24.60 in pre-market trading.
• Analysts at Atlantic Equities upgraded Goldman Sachs Group GS from Neutral to Overweight. Goldman Sachs shares gained 0.47 percent to $215.10 in pre-market trading.
• Analysts at Keefe Bruyette & Woods upgraded LegacyTexas Financial Group Inc LTXB from Market Perform to Outperform. LegacyTexas Financial shares dropped 5.48 percent to close at $35.55 on Wednesday.
• Macquarie upgraded Caesars Entertainment Corp CZR from Neutral to Outperform. Caesars Entertainment shares rose 4.71 percent to $10.00 in pre-market trading.

Top Downgrades

• Analysts at Cowen & Co. downgraded Molson Coors Brewing Co TAP from Outperform to Market Perform. Molson Coors shares fell 0.17 percent to close at $96.16 on Wednesday.
• Pivotal Research downgraded Time Warner Inc TWX from Buy to Hold. Time Warner shares rose 0.35 percent to close at $100.00 on Wednesday.
• Raymond James downgraded Atlassian Corporation PLC TEAM from Outperform to Market Perform. Atlassian shares dropped 1.51 percent to $31.35 in pre-market trading.
• Baird downgraded Mobileye NV MBLY from Outperform to Neutral. Mobileye shares slipped 0.11 percent to $61.80 in pre-market trading.
• Analysts at Wells Fargo downgraded Tribune Media Co TRCO from Outperform to Market Perform. Tribune Media shares rose 1.88 percent to close at $38.41 on Wednesday.
• Analysts at Morgan Stanley downgraded NanoString Technologies Inc NSTG from Overweight to Equal-Weight. NanoString Technologies shares close at $18.99 on Wednesday.
• Deutsche Bank downgraded Avianca Holdings SA (ADR) AVH from Buy to Hold. Avianca Holdings shares closed at $7.50 on Wednesday.
• Monness Crespi Hardt downgraded eBay Inc EBAY from Buy to Neutral. eBay shares fell 3.26 percent to $32.75 in pre-market trading.

Top Initiations

• Analysts at Berenberg initiated coverage on Thomson Reuters Corp TRI with a Sell rating. The price target for Thomson Reuters is set to $37. Thomson Reuters shares closed at $43.35 on Wednesday.
• Analysts at JP Morgan initiated coverage on Servicemaster Global Holdings Inc SERV with an Overweight rating. The price target for Servicemaster Global is set to $49. Servicemaster Global shares closed at $40.88 on Wednesday.
• Analysts at Maxim Group initiated coverage on NXT-ID Inc NXTD with a Buy rating. NXT-ID shares closed at $1.58 on Wednesday.