Upgrades and Downgrades for Tuesday 9/18

Upgrades

  • Acceleron (XLRN) upgraded by Piper Jaffray from Neutral to Overweight
  • Vale (VALE) upgraded by Exane BNP Paribas from Underperform to Neutral
  • Universal Health (UHS) upgraded by BofA/Merrill from Neutral to Buy
  • Surgery Partners (SGRY) upgraded by BofA/Merrill from Neutral to Buy
  • Mednax (MD) upgraded by BofA/Merrill from Underperform to Neutral
  • L Brands (LB) upgraded by BofA/Merrill from Underperform to Neutral
  • Union Pacific (UNP) upgraded by Loop Capital from Hold to Buy
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Downgrades

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  • Express Scripts (ESRX) downgraded by Credit Suisse from Outperform to Neutral
  • United Continental (UAL) downgraded by Macquarie from Outperform to Neutral
  • Fortinet (FTNT) downgraded by UBS from Buy to Neutral
  • Playa Hotels & Resorts (PLYA) downgraded by Nomura Instinet from Buy to Neutral
  • Discovery (DISCA) downgraded by Pivotal Research from Hold to Sell
  • Primerica (PRI) downgraded by Citi from Neutral to Sell
  • Red Hat (RHT) downgraded by JPMorgan from Overweight to Neutral
  • Fortinet (FTNT) downgraded by UBS from Buy to Neutral
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