Key Calls (Thursday): Upgrades, Downgrades & Initiations

Via Bloomberg

• Canadian Pacific Railway (CP CN) raised to overweight at JPMorgan
• Delta (DAL) raised to outperform at Imperial, PT $63
• Infinity Pharma (INFI) raised to outperform at Wells Fargo, PT $5
• Physicians Realty (DOC) raised to overweight at Keybanc, PT $20
• Spark Therapeutics (ONCE) raised to outperform at Raymond James, PT $96
• Transocean (RIG) raised to buy at Citi

• AMC Networks (AMCX) cut to neutral at Guggenheim
• Allison Transmission (ALSN) cut to neutral at Longbow
• Aphria (APH CN) cut to hold at Canaccord, PT C$8.25
• Blackhawk Network (HAWK) cut to market perform at Raymond James
• Canfor (CFP CN) cut to sector perform at Scotiabank, PT C$24.25
• Canopy Growth (WEED CN) cut to sell at Canaccord, PT C$11
• Cummins (CMI) cut to neutral at Longbow
• Diamond Offshore (DO) cut to sell at Citi
• Disney (DIS) cut to neutral at Guggenheim
• J. Jill (JILL) cut to sector perform at RBC, PT $7
• Juniper (JNPR) cut to neutral at Nomura, PT $27
• Kirkland Lake (KL CN) cut to sector perform at Scotiabank, PT C$17.50
• Meritor (MTOR) cut to neutral at Longbow
• Monro (MNRO) cut to hold at Jefferies, PT $60
• NanoString (NSTG) cut to market perform at Cowen, PT $13
• Shaw Communications (SJR/B CN) cut to sector perform at Scotiabank, PT C$30
• Stornoway Diamond (SWY CN) cut to underperform at RBC, PT C$0.60
• Viacom (VIAB) cut to neutral at Guggenheim, PT $25
• West Fraser Timber (WFT CN) cut to sector perform at Scotiabank, PT C$76
• Williams-Sonoma (WSM) cut to underperform at Credit Suisse, PT $44
• XO Group (XOXO) cut to neutral at Roth Capital, PT $20.50

• Adverum Bio (ADVM) new outperform at Raymond James, PT $6
• Audentes Therapeutics (BOLD) new market perform at Raymond James
• Cloudera (CLDR) rated new neutral at Mizuho, PT $18
• Jagged Peak (JAG) new outperform at Imperial, PT $18
• Knight-Swift (KNX) new neutral at JPMorgan, PT $39
• Labcorp (LH) resumed outperform at wells Fargo, PT $175
• NuLegacy Gold (NUG CN) new speculative buy at VSA Capital Ltd
• Osisko Mining (OSK CN) new outperform at National Bank, PT C$5.75
• Phillips 66 (PSX) resumed outperform at evercore ISI, PT $103
• Quest Diagnostics (DGX) resumed market perform at Wells Fargo, PT $88
• Regenxbio (RGNX) new outperform at Raymond James, PT $39
• Square (SQ) new outperform at Oppenheimer, PT $35
• Tactile Systems Technology (TCMD) new buy at Guggenheim, PT $47
• Voyager Therapeutics (VYGR) new outperform at Raymond James, PT $35