Notable Analyst Rating Changes 8/17: (INFO) (AVXS) (VRX) Upgraded; (ADS) (CUZ) (ASML) Downgraded

August 17, 2016 10:12 AM EDT
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UPGRADES
Piper Jaffray upgrades IHS Markit (Nasdaq: INFO) from Neutral to Overweight with a price target of $43. Click Here for more color.

Wells Fargo boosts AveXis (Nasdaq: AVXS) from Market Perform to Outperform.

Morgan Stanley raises Valeant Pharmaceuticals (NYSE: VRX) from Equalweight to Overweight with a price target of $42.

CL King lifts Patrick Industries (Nasdaq: PATK) from Neutral to Buy with a price target of $71.

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

DOWNGRADES
Credit Suisse downgrades Alliance Data Systems (NYSE: ADS) from Neutral to Underperform and moves its price target from $233 to $190. Click Here for more color.

Baird drops Cousins Properties (NYSE: CUZ) from Outperform to Neutral with a price target of $11.

BofA/Merrill Lynch lowers ASML Inc. (Nasdaq: ASML) from Buy to Neutral.

Susquehanna cuts Mosaic (NYSE: MOS) from Positive to Neutral.

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

NEW COVERAGE
Guggenheim starts SCYNEXIS (Nasdaq: SCYX) with a Buy rating and a price target of $15. Click Here for more color.

Bernstein initiates Pioneer Natural Resources (NYSE: PXD) with an Outperform rating and a price target of $210.

Wells Fargo assumes coverage on MediWound Ltd (Nasdaq: MDWD) with an Outperform rating and a price target of $13-$15. Click Here for more color.

Raymond James begins HP Enterprise (NYSE: HPE) with a Market Perform rating.

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

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Credit Suisse, Piper Jaffray, Raymond James, Morgan Stanley, Merrill Lynch, Robert W Baird, Bank of America, Sanford C. Bernstein, CL King, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Wells Fargo, Guggenheim

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