Upgrades and Downgrades for Friday, 4/26

Upgrades

• Marcus (MCS) upgraded by B. Riley FBR from Neutral to Buy
• Illinois Tool Works (ITW) upgraded by JPMorgan from Underweight to Neutral
• The Medicines Co. (MDCO) upgraded by Goldman Sachs from Neutral to Buy
• Esperion (ESPR) upgraded by Goldman Sachs from Sell to Neutral
• Sonic Automotive (SAH) upgraded by BofA/Merrill from Neutral to Buy
• Masco (MAS) upgraded by Raymond James from Market Perform to Strong Buy
• Consolidated Edison (ED) upgraded by BofA/Merrill from Neutral to Buy
• Shutterfly (SFLY) upgraded by Raymond James from Market Perform to Outperform
• Gold Fields (GFI) upgraded by BMO Capital from Market Perform to Outperform

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Downgrades

• Assa Abloy (ASAZY) downgraded by Jefferies from Buy to Hold
• TAL Education (TAL) downgraded by Jefferies from Buy to Hold
• Reliance Steel (RS) downgraded by Jefferies from Buy to Hold
• Starbucks (SBUX) downgraded by Wells Fargo from Outperform to Market Perform
• 3M (MMM) downgraded by BofA/Merrill from Buy to Neutral
• FedEx (FDX) downgraded by UBS from Neutral to Sell
• Valeo (VLEEY) downgraded by Societe Generale from Hold to Sell
• Consolidated Communications (CNSL) downgraded by Guggenheim from Neutral to Sell
• Ferrari (RACE) downgraded by HSBC from Buy to Hold
• Audentes Therapeutics (BOLD) downgraded by Citi from Neutral to Sell
• UBS (UBS) downgraded by DZ Bank from Buy to Hold
• Gentera (CMPRF) downgraded by JPMorgan from Overweight to Neutral
• Western Digital (WDC) downgraded by Baird from Neutral to Underperform

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