Upgrades and Downgrades for Thursday, 10/1

Upgrades

• Coca-Cola HBC (CCHGY) upgraded by Goldman Sachs from Neutral to Buy
• L3Harris Technologies (LHX) upgraded by UBS from Neutral to Buy
• Azul (AZUL) upgraded by Goldman Sachs from Neutral to Buy
• Volaris (VLRS) upgraded by Goldman Sachs from Neutral to Buy
• Eaton Vance (EV) upgraded by Deutsche Bank from Hold to Buy
• BlackRock (BLK) upgraded by Deutsche Bank from Hold to Buy
• Airbus (EADSY) upgraded by Berenberg from Hold to Buy
• Syneos Health (SYNH) upgraded by Goldman Sachs from Neutral to Buy
• ArcelorMittal (MT) upgraded by Kepler Cheuvreux from Hold to Buy
• Covestro (COVTY) upgraded by MainFirst from Hold to Buy
• Virgin Money (CYBBF) upgraded by Investec from Hold to Buy
• Puma (PUMSY) upgraded by AlphaValue from Sell to Reduce
• Goodyear Tire (GT) upgraded by Northcoast from Neutral to Buy
• Workday (WDAY) upgraded by Citi from Neutral to Buy
• Pan American Silver (PAAS) upgraded by Deutsche Bank from Hold to Buy

Downgrades

• Bayer (BAYRY) downgraded by Bryan Garnier from Neutral to Sell
• Bayer (BAYRY) downgraded by HSBC from Buy to Hold
• Valero (VLO) downgraded by Goldman Sachs from Neutral to Sell
• Hurricane Energy (HRCXF) downgraded by Investec from Buy to Hold
• DCC plc (DCCPF) downgraded by Goldman Sachs from Neutral to Sell
• Rubis (RBSFY) downgraded by Goldman Sachs from Buy to Neutral
• Britvic (BTVCY) downgraded by Goldman Sachs from Buy to Neutral
• Copa Holdings (CPA) downgraded by Goldman Sachs from Buy to Neutral
• Asur (ASR) downgraded by Goldman Sachs from Buy to Neutral
• Selecta Biosciences (SELB) downgraded by Mizuho from Buy to Neutral
• InterContinental (IHG) downgraded by Exane BNP Paribas from Outperform to Neutral

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