Courtesy of Briefing.com, I give you today’s shuffling of the chairs on Wall Street.
Alcoa initiated with a Buy at Clarksons Platou (32.29)
Market Vectors Gaming & Casino ETF: Hearing Aegis Capital suggesting May GGR trends remaining above market expectations (39.00)
Papa John’s: Hearing favorable Q2 checks out of Longbow (78.18)
Blackstone upgraded to Buy from Neutral at Citigroup; tgt $40 (29.87)
Insulet resumed with a Overweight at Piper Jaffray (42.00)
Carvana initiated with a Buy at Craig Hallum; tgt $16 (11.40)
Nintendo indicated slightly weaker today following commentary out of Credit Suisse suggesting expected strength out of Switch and continued Mobile weakness (34.15)
Sun Communities upgraded to Buy from Underperform at BofA/Merrill (84.90)
Plains GP upgraded to Outperform from Mkt Perform at Raymond James (28.23)
Plains All American upgraded to Outperform from Mkt Perform at Raymond James (27.83)
Natl Hlth Investors downgraded to Underperform from Neutral at BofA/Merrill (76.41)
Arista Networks downgrade details — to Neutral at DA Davidson; tgt $153 (144.07)
Verona Pharma initiated with a Buy at SunTrust; tgt $26 (13.52)
Synchronoss Tech downgraded to Underperform from Neutral at Credit Suisse (13.54)
Applied Optoelectronics initiation details — Strong Buy at Needham; tgt $85 (63.54)
Finish Line upgraded to Buy at Monness Crespi & Hardt; tgt $17 (13.87)
Applied Optoelectronics initiated with a Strong Buy at Needham; tgt $85 (63.54)
The Medicines Co downgraded to Perform from Outperform at Oppenheimer (42.56)
Presbia target lowered to $12 from $14 at Rodman & Renshaw as the Pre-Market Approval (PMA) application to the FDA for co’s Flexivue Microlens for treatment of presbyopia approaches (2.77)
Sorrento Therapeutics target lowered to $20 at Rodman & Renshaw; Pipeline remains undervalued (1.57)
PennTex Midstream Partners, LP downgraded to Neutral from Buy at Citigroup (19.88)
Cone Midstream Partners upgraded to Buy from Neutral at Citigroup (21.61)
Dexcom resumed with a Overweight at Piper Jaffray (67.66)
Verona Pharma initiated with a Outperform at Wedbush ; tgt $25 (13.52)
Floor & Decor initiated with a Neutral at Goldman (37.05)
Ciena upgrade details — to Buy at Stifel; tgt raised to $28 (22.95)
Verona Pharma initiation details — Buy at Stifel; tgt $22 (13.52)
Toro upgraded to Neutral from Underperform at Longbow (66.58)
Prestige Brands upgraded to Outperform from Mkt Perform at Raymond James (49.39)
Centene downgraded to Neutral from Overweight at JP Morgan (75.07)
Cree upgraded to Mkt Outperform from Mkt Perform at JMP Securities (23.09)
Motorola Solutions upgraded to Outperform from Mkt Perform at Raymond James (80.83)
Floor & Decor initiated with a Neutral at Piper Jaffray (37.05)
Zoe’s Kitchen downgraded to Neutral at Robert W. Baird; tgt lowered to $20 (18.18)
Arista Networks downgraded to Neutral from Buy at DA Davidson (144.07)
Qualcomm upgraded to Overweight from Neutral at JP Morgan (57.67)
Genesco upgraded to Buy from Neutral at B. Riley & Co. (45.05)
Uniti Group initiated with a Buy at Deutsche Bank; tgt $28 (24.10)
AutoZone target lowered to $753 at RBC Capital Mkts — Negative industry data points (673.65)
Apple target raised to $168 at RBC Capital Mkts — The Path to a Trillion Dollars – Yes, We Can (153.06)
Floor & Decor initiated with a Hold at Jefferies; tgt $38 (37.05)
Floor & Decor initiated with a Outperform at Credit Suisse; tgt $43 (37.05)
Ciena upgraded to Buy from Hold at Stifel (22.95)
Nutanix upgraded to Buy from Neutral at Goldman (16.00)
Momenta Pharma downgraded to Equal Weight from Overweight at Barclays (15.55)
Mylan N.V. upgraded to Overweight from Equal Weight at Barclays (37.94)
Entegris added to Conviction Buy List at Goldman (23.35)
Floor & Decor initiated with a Overweight at Barclays; tgt $50 (37.05)
Verona Pharma initiated with a Buy at Stifel; tgt $22 (13.52)
Thanks…