Upgrades and Downgrades for Thursday 7/12

Upgrades

  • Resolute Forest (RFP) upgraded by CIBC from Neutral to Outperformer from Neutral
  • Johnson & Johnson (JNJ) upgraded by Goldman Sachs by Goldman Sachs to Neutral from Sell
  • HeidelbergCement (HDELY) upgraded by UBS from Neutral to Buy
  • Hallmark Financial (HALL) upgraded by Raymond James from Market Perform to Outperform
  • Precision Drilling (PDS) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Nabors Industries (NBR) upgraded by Morgan Stanley from Equal Weight to Overweight

Downgrades

  • Netflix (NFLX) downgraded by UBS from Buy to Neutral
  • ITV (ITVPY) downgraded by Goldman Sachs from Buy to Neutral
  • Perrigo (PRGO) downgraded by Goldman Sachs from Neutral to Sell
  • Golar LNG (GLNG) downgraded by BofA/Merrill from Buy to Neutral
  • Black Hills (BKH) downgraded by BofA/Merrill from Neutral to Underperform
  • Comcast (CMCSA) downgraded by Macquarie from Outperform to Neutral
  • BNY Mellon (BK) downgraded by Raymond James from Outperform to Market Perform
  • Broadcom (AVGO) downgraded by Evercore ISI from Outperform to In Line
  • C&J Energy Services (CJ) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Energen (EGN) downgraded by Morgan Stanley from Overweight to Equal Weight
  • U.S. Silica (SLCA) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Broadcom (AVGO) downgraded by RBC Capital from Top Pick to Outperform
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