Upgrades and Downgrades for Wednesday, 5/12

Upgrades

  • Aston Martin Lagonda (ARGGY) upgraded by Goldman Sachs from Sell to Neutral
  • Sinopec (SNP) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Swedbank (SWDBY) upgraded by Goldman Sachs from Sell to Neutral
  • Rackspace (RXT) upgraded by Raymond James from Outperform to Strong Buy
  • Phathom Pharmaceuticals (PHAT) upgraded by Goldman Sachs from Sell to Neutral
  • Hanesbrands (HBI) upgraded by Wells Fargo from Underweight to Equal Weight
  • SMA Solar (SMTGF) upgraded by Oddo BHF from Underperform to Neutral
  • DraftKings (DKNG) upgraded by Berenberg from Sell to Hold
  • Unity Software (U) upgraded by Stifel from Hold to Buy
  • BigCommerce (BIGC) upgraded by Morgan Stanley from Underweight to Equal Weight
  • Glencore (GLNCY) upgraded by BofA from Neutral to Buy
  • Coca-Cola European Partners (CCEP) upgraded by Deutsche Bank from Hold to Buy
  • CapStar Financial (CSTR) upgraded by Piper Sandler from Neutral to Overweight
  • Paysign (PAYS) upgraded by Ladenburg from Sell to Neutral
  • TransDigm (TDG) upgraded by Vertical Research from Hold to Buy
  • CanWel Building Materials (CWXZF) upgraded by CIBC from Neutral to Outperformer
  • NortonLifeLock (NLOK) double-upgraded by BofA from Underperform to Buy

Downgrades

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  • Ritchie Bros. (RBA) downgraded by National Bank from Outperform to Sector Perform
  • Chemtrade Logistics (CGIFF) downgraded by Stifel from Buy to Hold
  • Ferro (FOE) downgraded by Deutsche Bank from Buy to Hold
  • Bright Scholar (BEDU) downgraded by Morgan Stanley from Equal Weight to Underweight
  • Amarin (AMRN) downgraded by Goldman Sachs from Neutral to Sell
  • Imperial Oil (IMO) downgraded by Goldman Sachs from Buy to Neutral
  • Dollar General (DG) downgraded by RBC Capital from Outperform to Sector Perform
  • Photon Control (POCEF) downgraded by Desjardins from Buy to Tender
  • Array Technologies (ARRY) downgraded by Piper Sandler from Overweight to Neutral
  • Grocery Outlet (GO) downgraded by Deutsche Bank from Buy to Hold
  • Parex Resources (PARXF) downgraded by RBC Capital from Outperform to Sector Perform
  • Lonking Holdings (LKHLY) downgraded by JPMorgan from Overweight to Neutral
  • Thai Union Group (TUFBY) downgraded by JPMorgan from Overweight to Neutral
  • American Water (AWK) downgraded by Argus from Buy to Hold

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Upgrades & Downgrades provided by The Fly at http://www.thefly.com.  The Fly is a leading digital publisher of real-time financial news. Our financial market experts understand that news impacting stock prices can originate from anywhere, at any time. The Fly team scours all sources of company news, from mainstream to cutting-edge, then filters out the noise to deliver short-form stories consisting of only market moving content. Become an informed investor. Try all of The Fly’s services FREE for 14 days by clicking here.

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