Upgrades and Downgrades for Thursday, 5/12

Upgrades

  • Grocery Outlet (GO) upgraded by R5 Capital from Sell to Hold
  • Albemarle (ALB) upgraded by Wells Fargo from Equal Weight to Overweight
  • ON Semiconductor (ON) upgraded by Wells Fargo from Equal Weight to Overweight
  • Valvoline (VVV) upgraded by JPMorgan from Neutral to Overweight
  • Federal Realty (FRT) upgraded by Raymond James from Market Perform to Strong Buy
  • International Game (IGT) upgraded by Jefferies from Hold to Buy
  • Brembo (BRBOF) upgraded by Exane BNP Paribas from Underperform to Neutral
  • Rightmove (RTMVY) upgraded by BofA from Neutral to Buy
  • Kratos Defense (KTOS) upgraded by Baird from Neutral to Outperform
  • Warner Bros. Discovery (WBD) upgraded by Cowen from Market Perform to Outperform
  • Telia (TLSNY) upgraded by Berenberg from Sell to Hold
  • Coupang (CPNG) upgraded by Citi from Neutral to Buy
  • Clicks Group (CLCGY) upgraded by HSBC from Hold to Buy
  • EVgo (EVGO) upgraded by Credit Suisse from Neutral to Outperform
  • Alcon (ALC) upgraded by Stephens from Equal Weight to Overweight
  • Pan American Silver (PAAS) upgraded by Canaccord from Hold to Buy

Downgrades

  • Air Products (APD) downgraded by Wells Fargo from Overweight to Equal Weight
  • General Motors (GM) downgraded by Wells Fargo from Overweight to Underweight
  • Ford (F) downgraded by Wells Fargo from Overweight to Underweight
  • Switch (SWCH) downgraded by Cowen from Outperform to Market Perform
  • Beyond Meat (BYND) downgraded by Barclays from Overweight to Equal Weight
  • Swedish Match (SWMAY) downgraded by DNB Markets from Buy to Hold
  • American Express (AXP) downgraded by Wolfe Research from Outperform to Peer Perform
  • Discover (DFS) downgraded by Wolfe Research from Outperform to Peer Perform
  • Capital One (COF) downgraded by Wolfe Research from Peer Perform to Underperform
  • Pegasystems (PEGA) downgraded by JMP Securities from Outperform to Market Perform
  • Homeserve (HMSVF) downgraded by RBC Capital from Outperform to Sector Perform
  • Zoom Video (ZM) downgraded by Piper Sandler from Overweight to Neutral
  • Stericycle (SRCL) downgraded by Berenberg from Buy to Hold
  • Otsuka Corp. (OSUKF) downgraded by Citi from Buy to Neutral
  • Points International (PCOM) downgraded by Northland from Outperform to Market Perform
  • Dexterra (HZNOF) downgraded by Raymond James from Strong Buy to Outperform
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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.