Key Calls (Thursday): Upgrades, Downgrades & Initiations

Via Bloomberg

• Antero Resources (AR) raised to buy at Guggenheim, PT $34
• Barrick Gold (ABX CN) raised to outperform at RBC, PT $23
• Bombardier (BBD/B CN) raised to buy at Desjardins, PT C$2.75
• Columbia Banking (COLB) raised to buy at DA Davidson, PT $45
• Delta (DAL) raised to outperform at Evercore ISI
• Empire Co (EMP/A CN) raised to equal-weight at Barclays, PT C$18
• Entergy (ETR) raised to outperform at Wells Fargo
• GoPro (GPRO) raised to neutral at Citi
• Goldcorp (G CN) raised to sector perform at RBC, PT $17
• Hancock Holding (HBHC) raised to strong buy at Raymond James, PT $54
• Infinera (INFN) raised to buy at Goldman
• Instructure (INST) raised to strong buy at Raymond James, PT $29
• Lam Research (LRCX) raised to overweight at Pacific Crest, PT $163
• LendingClub (LC) raised to buy at Guggenheim, PT $7
• Lumentum (LITE) raised to neutral at Goldman
• Melco Crown (MPEL) raised to hold at BNP Paribas, PT $17
• NCR (NCR) raised to outperform at Oppenheimer, PT $51
• Oasis Petroleum (OAS) raised to buy at Guggenheim, PT $21
• Oracle (ORCL) raised to market perform at JMP
• Oracle (ORCL) raised to overweight at JPMorgan, PT $51
• Oxford Industries (OXM) raised to outperform at Telsey, PT $60
• Penn West Petroleum (PWT CN) raised to sector perform at Peters
• Synaptics (SYNA) raised to outperform at Northland, PT $60
• Trinidad Drilling (TDG CN) raised to sector outperform at Scotiabank
• UMB Financial (UMBF) raised to market perform at Raymond James

• Biogen (BIIB) cut to equal-weight at Morgan Stanley, PT $305
• Biogen (BIIB) cut to market perform at Leerink, PT $300
• CenterPoint Energy (CNP) cut to sector perform at RBC, PT $28
• Ciena (CIEN) cut to neutral at Goldman
• East West Bancorp (EWBC) cut to underperform at Raymond James
• Garrison Capital (GARS) cut to hold at Wunderlich, PT $10
• Inovio (INO) cut to neutral at Piper Jaffray
• Masimo (MASI) cut to neutral at Piper Jaffray
• Newmont (NEM) cut to sector perform at RBC, PT $38
• Rubicon Project (RUBI) cut to hold at Jefferies, PT $7.25
• Texas Capital (TCBI) cut to outperform at Raymond James, PT $98
• Trovagene (TROV) cut to underweight at Piper Jaffray
• United Continental (UAL) cut to in line at Evercore ISI
• Williams-Sonoma (WSM) cut to market perform at William Blair

• Alliant Energy (LNT) rated new neutral at UBS, PT $40
• Automotive Properties (APR-U CN) rated new outperform at CIBC, PT C$11.25
• Bioverativ (BIVV) rated new underperform at Credit Suisse, PT $45
• Blackhawk Network (HAWK) rated new buy at SunTrust, PT $44
• Dermira (DERM) rated new underperform at Raymond James
• Exelixis (EXEL) rated new market perform at Oppenheimer
• Global Blood (GBT) rated new overweight at Cantor, PT $61
• Jagged Peak Energy (JAG) rated new buy at Stifel, PT $15
• Seattle Genetics (SGEN) rated new market perform at Oppenheimer
• Snap (SNAP) rated new sell at MoffettNathanson
• Syndax Pharmaceuticals (SNDX) rated new outperform at FBR, PT $27
• Tivity Health (TVTY) rated new buy at SunTrust, PT $35
• United Therapeutics (UTHR) rated new underperform at Credit Suisse
• Zoetis (ZTS) rated new buy at Craig-Hallum, PT $65