Key Calls (Wednesday): Upgrades, Downgrades & Initiations

Via Bloomberg

• Array BioPharma (ARRY) raised to overweight at JPMorgan, PT $10
• Calfrac Well Services (CFW CN) raised to outperform at Raymond James
• Canyon Services (FRC CN) raised to strong buy at Raymond James
• Dollarama (DOL CN) raised to buy at Veritas Investment Research, PT C$130
• FireEye (FEYE) raised to outperform at William Blair
• First Solar (FSLR) raised to hold at Axiom Capital
• Frontier (FTR) raised to neutral at Citi, PT $1.75
• Helmerich & Payne (HP) raised to hold at Jefferies, PT $54
• Kadant (KAI) raised to outperform at William Blair
• Kinross Gold (K CN) raised to outperform at CIBC, PT $4.75
• McDonald’s (MCD) raised to buy at Goldman
• Mondelez (MDLZ) raised to buy at Deutsche Bank
• Oasis Petroleum (OAS) raised to buy at SunTrust, PT $17
• Shopify (SHOP CN) raised to buy at Eight Capital, PT C$100
• Steris (STE) raised to overweight at Keybanc, PT $89
• Trican Well Service (TCW CN) raised to strong buy at Raymond James

• Akamai (AKAM) cut to hold at SunTrust, PT $54
• Akamai (AKAM) cut to market perform at Wells Fargo
• Akamai (AKAM) cut to neutral at DA Davidson
• Anadarko (APC) cut to market perform at Wells Fargo
• Anadarko (APC) cut to neutral at Macquarie, PT $60
• Blackbaud (BLKB) cut to neutral at B Riley, PT $78
• Bristol-Myers (BMY) cut to underperform at BMO, PT $47
• Charter Communications (CHTR) cut to market perform at Wells Fargo
• DexCom (DXCM) cut to neutral at BTIG, PT $92
• Etsy (ETSY) cut to neutral at Roth Capital, PT $10.25
• Extraction Oil (XOG) cut to market perform at Wells Fargo
• Fidelity National (FIS) cut to neutral at Compass Point, PT $83
• Frontier (FTR) cut to market perform at Cowen
• Frontier (FTR) cut to neutral at UBS, PT $1.75
• Genomic Health (GHDX) cut to market perform at Raymond James
• Granite REIT (GRT-U CN) cut to hold at Canaccord, PT C$51.25
• INC Research (INCR) cut to market perform at Wells Fargo
• Medpace Holdings (MEDP) cut to market perform at Wells Fargo
• Potbelly (PBPB) cut to market perform at William Blair
• QTS Realty (QTS) cut to neutral at JPMorgan, PT $56
• SRC Energy (SRCI) cut to market perform at Wells Fargo
• Shopify (SHOP CN) cut to underperform at BofAML, PT $84
• Synchrony (SYF) cut to neutral at Guggenheim, PT $32
• Total System Services (TSS) cut to equal-weight at First Analysis
• Twilio (TWLO) cut to sector weight at Pacific Crest
• Veresen (VSN CN) cut to neutral at Macquarie, PT C$18.65
• Verisk (VRSK) cut to neutral at JPMorgan, PT $75

• Apple Hospitality (APLE) new market perform at Wells Fargo
• Augyva Mining Resources (AFCC CN) new speculative buy at Canaccord, PT C$4
• Bob Evans (BOBE) new outperform at William Blair
• C&J Energy Services (CJ) new buy at Deutsche Bank, PT $43
• Carvana (CVNA) new neutral at Susquehanna, PT $10
• Elevate Credit (ELVT) new buy at UBS, PT $11
• EnteroMedics (ETRM) new buy at Ladenburg Thalmann, PT $11
• Hi-Crush Partners (HCLP) new buy at Mizuho, PT $20
• Ironwood (IRWD) new outperform at Wells Fargo
• LCI Industries (LCII) new outperform at Baird, PT $118
• Source Energy Services (BNS CN) new sector outperform at Scotiabank
• Source Energy Services (SHLE CN) new outperform at Alta Corp, PT C$15
• Source Energy Services (SHLE CN) new outperform at Cowen, PT C$15
• Source Energy Services (SHLE CN) new outperform at RBC, PT C$13
• Source Energy Services (SHLE CN) new overweight at Morgan Stanley, PT C$17
• TSO3 (TOS CN) new outperform at RBC, PT C$4.25
• Viveve Medical (VIVE) new outperform at Cowen, PT $11