Upgrades and Downgrades for Thursday, 12/16

Upgrades

  • Petrobras (PBR) upgraded by Goldman Sachs from Neutral to Buy
  • BNY Mellon (BK) upgraded by JPMorgan from Neutral to Overweight
  • Intuitive Surgical (ISRG) upgraded by Goldman Sachs from Buy to Conviction Buy
  • Toast (TOST) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Qualtrics (XM) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Domino’s Pizza Group (DPUKY) upgraded by Peel Hunt from Add to Buy
  • Subaru (FUJHY) upgraded by SMBC Nikko from Neutral to Outperform
  • Holly Energy Partners (HEP) upgraded by Wells Fargo from Equal Weight to Overweight
  • Booking Holdings (BKNG) upgraded by RBC Capital from Sector Perform to Outperform
  • AT&T (T) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Yandex (YNDX) upgraded by HSBC from Hold to Buy
  • Atlantic Union (AUB) upgraded by Piper Sandler from Neutral to Overweight
  • Shopify (SHOP) upgraded by Evercore ISI from In Line to Outperform
  • Atlantic Capital (ACBI) upgraded by Raymond James from Market Perform to Outperform
  • Equity Residential (EQR) upgraded by Scotiabank from Underperform to Sector Perform
  • Sunoco LP (SUN) upgraded by Wells Fargo from Underweight to Equal Weight
  • Brookfield Renewable Partners (BEP) upgraded by TD Securities from Hold to Buy
  • Fiserv (FISV) upgraded by Edward Jones from Hold to Buy

Downgrades

  • Progressive (PGR) downgraded by Keefe Bruyette from Market Perform to Underperform
  • Medtronic (MDT) downgraded by Wells Fargo from Overweight to Equal Weight
  • Lear (LEA) downgraded by Wells Fargo from Overweight to Equal Weight
  • Canadian National (CNI) downgraded by Vertical Research from Buy to Hold
  • CDK Global (CDK) downgraded by Morgan Stanley from Overweight to Equal Weight
  • DocuSign (DOCU) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Bunzl (BZLFY) downgraded by Peel Hunt from Buy to Add
  • Nice (NICE) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Airbnb (ABNB) downgraded by RBC Capital from Outperform to Sector Perform
  • Under Armour (UAA) downgraded by Stifel from Buy to Hold
  • Columbia Sportswear (COLM) downgraded by Stifel from Buy to Hold
  • Adient (ADNT) downgraded by Barclays from Overweight to Equal Weight
  • Wayfair (W) downgraded by BofA from Neutral to Underperform
  • Essex Property Trust (ESS) downgraded by Scotiabank from Sector Perform to Underperform
  • CMC Materials (CCMP) downgraded by Seaport Global from Buy to Neutral
  • Humana (HUM) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Cigna (CI) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Walgreens Boots Alliance (WBA) downgraded by Morgan Stanley from Equal Weight to Underweight
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