Upgrades and Downgrades for Wednesday, 6/29

Upgrades

  • Federated Hermes (FHI) upgraded by Keefe Bruyette from Market Perform to Outperform
  • Sandvik (SDVKY) upgraded by RBC Capital from Sector Perform to Outperform
  • Seven Hills (SEVN) upgraded by JMP Securities from Market Perform to Outperform
  • Bank of the Philippine Islands (BPHLY) upgraded by JPMorgan from Underweight to Neutral
  • Continental AG (CTTAY) upgraded by Exane BNP Paribas from Neutral to Outperform
  • TotalEnergies (TTE) upgraded by Bernstein from Market Perform to Outperform
  • McDonald’s (MCD) upgraded by Atlantic Equities from Neutral to Overweight
  • CD Projekt (OTGLY) upgraded by Citi from Sell to Neutral
  • Oracle (ORCL) upgraded by Exane BNP Paribas from Neutral to Outperform
  • Goldman Sachs (GS) upgraded by BofA from Neutral to Buy
  • Cadence Design (CDNS) upgraded by BofA from Underperform to Neutral
  • Synopsys (SNPS) upgraded by BofA from Underperform to Neutral
  • Ulta Beauty (ULTA) upgraded by Raymond James from Outperform to Strong Buy

Downgrades

  • Franklin Resources (BEN) downgraded by Keefe Bruyette from Market Perform to Underperform
  • T. Rowe Price (TROW) downgraded by Keefe Bruyette from Market Perform to Underperform
  • Victory Capital (VCTR) downgraded by Keefe Bruyette from Outperform to Market Perform
  • Crown Castle (CCI) downgraded by Deutsche Bank from Buy to Hold
  • Swisscom (SCMWY) downgraded by JPMorgan from Overweight to Neutral
  • Vodafone (VOD) downgraded by JPMorgan from Overweight to Neutral
  • Travis Perkins (TPRKY) downgraded by JPMorgan from Overweight to Neutral
  • Bath & Body Works (BBWI) downgraded by JPMorgan from Overweight to Neutral
  • Joann (JOAN) downgraded by Loop Capital from Buy to Hold
  • Diageo (DEO) downgraded by Deutsche Bank from Hold to Sell
  • Upstart (UPST) downgraded by Morgan Stanley from Equal Weight to Underweight
  • Cognyte (CGNT) downgraded by Evercore ISI from Outperform to In Line
  • Altria Group (MO) downgraded by Barclays from Equal Weight to Underweight
  • Skyworks (SWKS) downgraded by BofA from Neutral to Underperform
  • Qorvo (QRVO) downgraded by BofA from Neutral to Underperform
  • Accenture (ACN) downgraded by Exane BNP Paribas from Outperform to Neutral
  • Texas Instruments (TXN) downgraded by BofA from Buy to Neutral
  • Coca-Cola Europacific Partners (CCEP) downgraded by Kepler Cheuvreux from Buy to Hold
  • Cogeco Communications (CGEAF) downgraded by CIBC from Outperformer to Neutral
  • Universal Display (OLED) downgraded by BofA from Buy to Neutral
Wall Street legend warns "A strange day is coming" [sponsor]
A massive and surprising new transition could soon impact the wealth of thousands, while leaving everyone else worse off than before. Click here to learn more.

fly360

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.