Ratings of the day 05.05.2017

[Admin]

UPGRADES:
• AP-U CN (AP-U CN) raised to outperform at National Bank
• Bonavista Energy (BNP CN) raised to outperform at RBC, PT C$5
• CF Industries (CF) raised to buy at UBS
• Continental Resources (CLR) raised to outperform at Credit Suisse
• Ducommun (DCO) raised to buy at B Riley, PT $40
• EcoSynthetix (ECO CN) raised to outperform at RBC, PT C$4
• Endeavour Mining (EDV CN) raised to buy at Peel Hunt
• Ferrari (RACE) raised to hold at Kepler Cheuvreux
• George Weston (WN CN) raised to outperform at BMO, PT C$135
• Gladstone Capital (GLAD) raised to neutral at Hilliard Lyons, PT $9.25
• Glatfelter (GLT) raised to outperform at BMO, PT $24
• Hess (HES) raised to outperform at Wells Fargo
• IAC (IAC) raised to buy at Guggenheim, PT $120
• Lumentum (LITE) raised to equal-weight at Barclays, PT $48
• MTGE (MTGE) raised to outperform at Wells Fargo
• MYR Group (MYRG) raised to outperform at Baird, PT $41
• Realogy (RLGY) raised to buy at Deutsche Bank
• Regal Beloit (RBC) raised to outperform at Oppenheimer, PT $90
• Regeneron (REGN) raised to buy at Canaccord, PT $484
• Renewable Energy (REGI) raised to buy at Canaccord, PT $16
• Scripps Networks (SNI) raised to overweight at JPMorgan, PT $83
• Speedway Motor (TRK) raised to neutral at Macquarie, PT $17
• Targa Resources (TRGP) raised to strong buy at Raymond James, PT $55
• Universal Display (OLED) raised to buy at Cross Research, PT $115
• Vereit (VER) raised to outperform at Evercore ISI, PT $8.75
• Verisk (VRSK) raised to outperform at Macquarie, PT $95
• Viavi (VIAV) raised to buy at Jefferies, PT $14
• Web.com (WEB) raised to overweight at Cantor, PT $24
• Zynga (ZNGA) raised to neutral at BofAML, PT $3.25
DOWNGRADES:
• Akamai (AKAM) cut to neutral at Baird, PT $55
• Brightcove (BCOV) cut to neutral at B Riley, PT $5.50
• CBL & Associates (CBL) cut to long-term buy at Hilliard Lyons
• Choice Hotels (CHH) cut to equal-weight at Morgan Stanley, PT $65
• Estee Lauder (EL) cut to hold at SocGen, PT $93
• Great-West Lifeco (GWO CN) cut to underperform at CIBC, PT C$37
• InVivo Therapeutics (NVIV) cut to outperform at Raymond James, PT $6
• Kennedy-Wilson (KW) cut to market perform at JMP
• Life Storage (LSI) cut to neutral at Cantor
• Lumentum (LITE) cut to market perform at Northland, PT $50
• Maximus (MMS) cut to hold at Jefferies, PT $63
• Mindbody (MB) cut to sector weight at Pacific Crest
• National CineMedia (NCMI) cut to market perform at FBR, PT $12
• National CineMedia (NCMI) cut to neutral at JPMorgan, PT $12
• Spirit Realty (SRC) cut to neutral at UBS
• Stericycle (SRCL) cut to underperform at Baird, PT $73
• U.S. Bancorp (USB) cut to market perform at Wells Fargo
• ZCL Composites (ZCL CN) cut to market perform at Raymond James
INITIATIONS:
• Alder Bio (ALDR) new sell at UBS, PT $13
• Atlantic Gold (AGB CN) new outperform at BMO, PT C$2
• Coherus Bio (CHRS) new outperform at BMO, PT $54
• Moelis & Co (MC) new market perform at KBW, PT $39
• Neurocrine Bio (NBIX) new buy at BofAML, PT $70
• Versartis (VSAR) new overweight at Cantor, PT $34