Key Calls (Wednesday): Upgrades, Downgrades & Initiations

Via Bloomberg

• Akari Therapeutics (AKTX) raised to neutral at Chardan, PT $6
• Donaldson (DCI) raised to buy at Jefferies, PT $54
• Francesca’s (FRAN) raised to market perform at FBR, PT $14
• INC Research (INCR) raised to buy at SunTrust, PT $67
• VMware (VMW) raised to outperform at Baird, PT $115

• Ecopetrol (ECOPETL CB) cut to underweight at Morgan Stanley, PT $8
• Irobot (IRBT) cut to hold at Canaccord, PT $90
• Koppers Holdings (KOP) cut to hold at Jefferies, PT $40
• Molina (MOH) cut to sell at Stifel
• Redknee Solutions (RKN CN) cut to neutral at CIBC, PT C$0.85
• Xactly (XTLY) cut to equal-weight at First Analysis
• Xactly (XTLY) cut to hold at Deutsche Bank
• Zebra Tech (ZBRA) cut to equal-weight at Morgan Stanley, PT $100

• Antero Midstream GP LP (AMGP) new buy at Janney, PT $27
• Antero Midstream GP LP (AMGP) new neutral at Citi, PT $24
• Antero Midstream Partners (AM) resumed buy at Citi, PT $41
• CUI Global (CUI) new buy at Ladenburg Thalmann, PT $8
• Cadence BanCorp (CADE) new market perform at KBW, PT $25
• Codexis (CDXS) new buy at Jefferies, PT $8
• Control4 (CTRL) new buy at Needham, PT $22
• Empire State Realty (ESRT) new inline at Evercore ISI, PT $23
• Encana (ECA CN) new outperform at Raymond James, PT $15
• Gogo (GOGO) new outperform at Raymond James, PT $15
• Henderson Group (HGG LN) new market perform at KBW, PT $32
• Henderson Group (HGG LN) new neutral at BofAML, PT $31
• New Oriental Education (EDU) new buy at UOB Kay Hian, PT $86
• Park Hotels (PK) new outperform at Evercore ISI, PT $28
• RMR Group (RIF) new buy at Canaccord, PT $72
• Real Matters (REAL CN) new neutral at BofAML, PT C$14
• STEP Energy Services (STEP CN) new outperform at National Bank, PT C$14.75
• Tal Education (TAL) new buy at UOB Kay Hian, PT $148