StreetInsider.com Premium Hot Research Recap 7/31

Early each morning StreetInsider.com Premium editors comb hundreds of research reports to surface the best, with the most market moving potential and report them in their respective 'hot' categories. Below is today's summary list. To get real-time notices and alerts for hot rating changes and comments please sign-up for a 2-week free trial of StreetInsider.com Premium.

Hot Upgrades

• Macquarie Upgrades Baidu (BIDU) to Outperform (LINK)
• Dougherty & Co Upgrades Gigamon (GIMO) to Buy (LINK)
• Standpoint Research Upgrades Eagle Materials (EXP) to Buy (LINK)
• SunTrust Robinson Humphrey Upgrades ICON plc (ICLR) to Buy (LINK)
• Credit Suisse Upgrades Virtus Investment Partners (VRTS) to Outperform (LINK)
• Nomura/Instinet Upgrades Baidu (BIDU) to Buy (LINK)
• RBC Capital Upgrades Dynavax Technologies (DVAX) to Outperform (LINK)
• JPMorgan Upgrades Dynavax Technologies (DVAX) to Overweight, Negatively Revises EPS Estimates (LINK)

Hot Downgrades

• OTR Global Downgrades Snap Inc (SNAP) to Mixed (LINK)
• Jefferies Downgrades Coach (COH) to Hold; Upgrade Thesis Has Played Out, Buy Michael Kors (KORS) (LINK)
• Goldman Sachs Downgrades Weyerhaeuser (WY) to Buy (LINK)
• Wells Fargo Downgrades Semiconductor Sector To Market Weight (LINK)
• Deutsche Bank Downgrades Norfolk Southern (NSC) to Hold (LINK)
• Barclays Downgrades Hertz Global (HTZ) to Underweightt (LINK)
• Pivotal Research Downgrades Facebook (FB) to Sell, Stock is Expensive (LINK)

Hot New Coverage

• Morgan Stanley Starts Cytokinetics (CYTK) at Overweight (LINK)

Hot Comments

• Tesla (TSLA) FY 2017 EPS Cut At Goldman Sachs, Remains Sell Rated (LINK)
• Baird Remains Positive on Tesla (TSLA) Following Model 3 Handover Event But is Cautious Into Q2 Results (LINK)

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