Notable Analyst Rating Changes 10/17: (AMD) (TCK) (WBA) Upgraded; (P) (SGY) (CORR) Downgraded

October 17, 2016 10:06 AM EDT

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UPGRADES
Oppenheimer upgrades AMD (Nasdaq: AMD) from Underperform to Perform.

Credit Suisse raises Teck Resources (NYSE: TCK) from Neutral to Outperform.

Jefferies lifts Walgreens Boosts Alliance (Nasdaq: WBA) from Hold to Buy and moved its price target from $87 to $95. Click Here for more color.

BMO Capital boosts Wells Fargo (NYSE: WFC) from Underperform to Market Perform.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
BofAMerrill Lynchh downgrades Pandora (NYSE: P) from Neutral to Underperform and moves its price target from $14 to $9.

Barclays drops Stone Energy (NYSE: SGY) from Equalweight to Underweight with a price target of $3.

RBC Capital lowers CorEnergy Infrastructure Trust (NYSE: CORR) from Sector Perform to Underperform and trims its price target from $30 to $23.

Citi cuts Waddell & Reed (NYSE: WDR) from Neutral to Sell.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Wedbush initiates Novan (Nasdaq: NOVN) with a Outperform rating and a price target of $27. Click Here for more color.

Craig-Hallum assumes coverage on VeriFone (NYSE: PAY) with a Buy rating and a price target of $20.

BofAMerrill Lynchh starts MGIC Investment (NYSE: MTG) with a Buy rating and a price target of $10.

Barrington Research begins The Hackett Group (Nasdaq: HCKT) with an Outperform rating.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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