Key Calls (Friday): Upgrades, Downgrades & Initiations

Via Bloomberg

• Alcoa (AA) raised to outperform at BMO, PT $45
• CIBC (CM CN) raised to neutral at Credit Suisse, PT C$118
• CME Group (CME) raised to outperform at RBC, PT $134
• Cemex (CEMEXCPO MM) raised to buy at Longbow, PT $12
• Fortuna Silver (FVI CN) raised to outperform at BMO, PT C$9
• HubSpot (HUBS) raised to buy at BTIG, PT $73
• Lucara Diamond (LUC CN) raised to outperform at BMO, PT C$3.50
• Owens Corning (OC) raised to outperform at Wedbush
• Vale (VALE5 BZ) raised to market perform at BMO, PT $10

• Corning (GLW) cut to neutral at Citi
• Diageo (DGE LN) cut to sell at Goldman
• JELD-WEN Holding (JELD) cut to neutral at Wedbush
• Painted Pony Petroleum (PPY CN) cut to underperform at Credit Suisse
• Pan American Silver (PAAS CN) cut to market perform at BMO, PT $19
• Sunoco (SUN) cut to market perform at FBR, PT $28
• Verint (VRNT) cut to in-line at Imperial, PT $45

• AMD (AMD) rated new neutral at Macquarie, PT $14
• Aerojet New Buy at Jefferies, PT $28
• Alphabet (GOOG) rated new hold at Loop Capital, PT $800
• Amazon (AMZN) rated new buy at Loop Capital, PT $1100
• Arconic New Neutral at Longbow
• Atlantic Gold New Outperform at Raymond James, PT C$1.60
• Auxilio New Buy at Benchmark, PT $7
• BioTime (BTX) rated new outperform at Raymond James, PT $6
• Broadcom (AVGO) rated new outperform at Macquarie, PT $265
• Cavium (CAVM) rated new outperform at Macquarie
• Colony NorthStar New Market Perform at JMP
• Condor Hospitality Trust (CDOR) rated new buy at DA Davidson, PT $12
• Dermira (DERM) rated new buy at Mizuho, PT $42
• Enbridge Inc New Market Perform at Wells Fargo
• Exelixis (EXEL) rated new buy at Needham, PT $28
• Exxon New Buy at Redburn
• Fidelity National (FIS) rated new buy at Guggenheim, PT $90
• Fiera Capital (FSZ CN) rated new speculative outperform at BMO, PT C$16
• Fiserv (FISV) rated new neutral at Guggenheim, PT $118
• Gluskin Sheff + Associates (GS CN) rated new market perform at BMO
• Great Plains Energy (GXP) rated new best ideas List at Evercore ISI
• Guardian Capital Group (GCG/A CN) rated new outperform at BMO, PT C$30
• Health Insurance Innovations (HIIQ) rated new overweight at Cantor
• HealthEquity (HQY) rated new overweight at Cantor, PT $50
• Intel (INTC) rated new outperform at Macquarie
• Johnson Controls New Buy at HSBC, PT $50
• Lear New Buy at Berenberg, PT $175
• Lions Gate (LGF/A) rated new hold at SunTrust, PT $28
• MacroGenics (MGNX) rated new outperform at Raymond James, PT $26
• Marvell Tech (MRVL) rated new neutral at Macquarie, PT $16
• Maxim Integrated (MXIM) rated new outperform at Macquarie
• Micron (MU) rated new outperform at Macquarie
• Nvidia (NVDA) rated new neutral at Macquarie, PT $110
• PNM Resources (PNM) rated new inline at Evercore ISI, PT $36
• Penn Virginia New Hold at Canaccord, PT $49
• Qorvo (QRVO) rated new neutral at Macquarie
• Qualcomm (QCOM) rated new neutral at Macquarie, PT $60
• Select Medical New Buy at Benchmark, PT $16
• Skyworks (SWKS) rated new outperform at Macquarie, PT $110
• Snap New Market Perform at Wells Fargo
• Sprott (SII CN) rated new market perform at BMO, PT C$2.25
• TPI Composites New Overweight at Barclays, PT $24
• Texas Instruments (TXN) rated new neutral at Macquarie
• Total System Services (TSS) rated new buy at Guggenheim, PT $62
• Towne Bank New Neutral at Piper Jaffray, PT $31
• TransCanada New Outperform at Wells Fargo
• Viper Energy New Buy at Citi, PT $20
• Xilinx (XLNX) rated new neutral at Macquarie