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

Top Upgrades

• Seaport Global upgraded Valvoline Inc VVV from Neutral to Buy. Valvoline shares rose 0.05 percent to close at $22.16 on Tuesday.
• Analysts at JP Morgan upgraded Ormat Technologies, Inc. ORA from Neutral to Overweight. Ormat Technologies shares gained 1.70 percent to $59.79 in pre-market trading.
• Analysts at Citigroup upgraded Consolidated Communications Holdings Inc CNSL from Sell to Neutral. Consolidated Communications shares rose 0.50 percent to close at $20.03 on Tuesday.
• Leerink Swann upgraded HCA Healthcare Inc HCA from Market Perform to Outperform. HCA Healthcare shares gained 1.48 percent to $83.70 in pre-market trading.
• Analysts at Leerink Swann upgraded Tenet Healthcare Corp THC from Market Perform to Outperform. Tenet Healthcare shares gained 3.5 percent to $17.60 in pre-market trading.
• BMO Capital upgraded Dr Pepper Snapple Group Inc. DPS from Market Perform to Outperform. Dr Pepper Snapple shares gained 0.50 percent to $92.75 in pre-market trading.
• Analysts at BMO Capital upgraded Cott Corp (USA) COT from Market Perform to Outperform. Cott shares rose 1.01 percent to close at $14.00 on Tuesday.

Top Downgrades

• BMO Capital downgraded The Coca-Cola Co KO from Outperform to Market Perform. Coca-Cola shares dropped 0.76 percent to $45.63 in pre-market trading.
• Benchmark downgraded Imax Corp (USA) IMAX from Buy to Hold. Imax shares slipped 1.39 percent to $24.80 in pre-market trading.
• Drexel Hamilton downgraded HD Supply Holdings Inc HDS from Buy to Hold. HD Supply shares fell 0.06 percent to $34.01 in pre-market trading.
• Janney Capital downgraded Danaher Corporation DHR from Buy to Neutral. Danaher shares rose 0.03 percent to $85.76 in pre-market trading.
• BMO Capital downgraded PepsiCo, Inc. PEP from Outperform to Market Perform. PepsiCo shares slipped 0.72 percent to $116.85 in pre-market trading.
• Loop Capital downgraded Rent-A-Center Inc RCII from Hold to Sell. Rent-A-Center shares slipped 2.63 percent to $12.60 in pre-market trading.
• Deutsche Bank downgraded Iron Mountain Incorporated (Delaware) REIT IRM from Hold to Sell. Iron Mountain shares fell 1.71 percent to $34.40 in pre-market trading.

Top Initiations

• Morgan Stanley initiated coverage of CIGNA Corporation CI with an Overweight rating. The price target for CIGNA is set to $184. CIGNA shares closed at $165.50 on Tuesday.
• Canaccord Genuity initiated coverage on Savara Inc SVRA with a Buy rating. The price target for Savara is set to $18. Savara shares closed at $4.82 on Tuesday.
• Analysts at Cowen & Co. initiated coverage of Cytosorbents Corp CTSO with an Outperform rating. The price target for Cytosorbents is set to $7. Cytosorbents shares closed at $3.95 on Tuesday.
• Analysts at Morgan Stanley initiated coverage on UnitedHealth Group Inc UNH with an Overweight rating. The price target for UnitedHealth is set to $202. UnitedHealth shares closed at $180.82 on Tuesday.
• Societe Generale initiated coverage on Forum Energy Technologies Inc FET with a Buy rating. The price target for Forum Energy is set to $20. Forum Energy shares closed at $17.15 on Tuesday.
• Analysts at Berenberg initiated coverage on Kraft Heinz Co KHC with a Buy rating. The price target for Kraft Heinz is set to $102. Kraft Heinz shares closed at $93.21 on Tuesday.
• Analysts at Citigroup initiated coverage on Nice Ltd (ADR) NICE with a Neutral rating. The price target for Nice is set to $82. Nice shares closed at $80.86 on Tuesday.
• Morgan Stanley initiated coverage on Humana Inc HUM with an Overweight rating. The price target for Humana is set to $262. Humana shares closed at $233.50 on Tuesday.
• Analysts at Susquehanna initiated coverage on Proofpoint Inc PFPT with a Positive rating. The price target for Proofpoint is set to $106. Proofpoint shares closed at $90.87 on Tuesday.