Upgrades and Downgrades for Wednesday, 8/24

Upgrades

  • Metro Bank (MBNKF) upgraded by ING Bank from Hold to Buy
  • Mizuho Financial (MFG) upgraded by Daiwa from Neutral to Outperform
  • Neuren Pharmaceuticals (NURPF) upgraded by Jefferies from Hold to Buy
  • Shimamura (SHAOF) upgraded by JPMorgan from Neutral to Overweight
  • Elkem (ELKEF) upgraded by Morgan Stanley from Equal Weight to Overweight
  • BR Malls Participacoes (BRMSY) upgraded by JPMorgan from Neutral to Overweight
  • Intercorp Financial (IFS) upgraded by Grupo Santander from Neutral to Outperform
  • Sibanye Stillwater (SBSW) upgraded by HSBC from Hold to Buy
  • Anglo American Platinum (ANGPY) upgraded by HSBC from Reduce to Buy
  • Altium (ALMFF) upgraded by RBC Capital from Sector Perform to Outperform
  • Vallourec (VLOWY) upgraded by Barclays from Equal Weight to Overweight
  • Prologis (PLD) upgraded by Wolfe Research from Peer Perform to Outperform
  • AvalonBay (AVB) upgraded by Wolfe Research from Peer Perform to Outperform
  • Anta Sports Products (ANPDY) upgraded by Citi from Sell to Buy
  • Centennial Resource Development (CDEV) upgraded by Truist from Hold to Buy
  • Cyxtera Technologies (CYXT) upgraded by Citi from Neutral to Buy

Downgrades

  • Ansell (ANSLY) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Bank of Nova Scotia (BNS) downgraded by BMO Capital from Outperform to Market Perform
  • Bank of Nova Scotia (BNS) downgraded by Keefe Bruyette from Outperform to Market Perform
  • Rio Tinto (RIO) downgraded by Macquarie from Outperform to Neutral
  • Medtronic (MDT) downgraded by Raymond James from Outperform to Market Perform
  • Avalara (AVLR) downgraded by William Blair from Outperform to Market Perform
  • Petrofac (POFCY) downgraded by Kepler Cheuvreux from Buy to Hold
  • Sanofi (SNY) downgraded by Kepler Cheuvreux from Buy to Hold
  • Locaweb Servicos (LWSIY) downgraded by Credit Suisse from Outperform to Neutral
  • Nitori Holdings (NCLTF) downgraded by JPMorgan from Overweight to Neutral
  • Bank of Nova Scotia (BNS) downgraded by RBC Capital from Outperform to Sector Perform
  • Alumina (AWCMY) downgraded by Citi from Buy to Neutral
  • New Hope Corp. (NHPEF) downgraded by Citi from Neutral to Sell
  • Aerie Pharmaceuticals (AERI) downgraded by H.C. Wainwright from Buy to Neutral
  • Bank of Nova Scotia (BNS) downgraded by RBC Capital from Outperform to Sector Perform
  • Twitter (TWTR) downgraded by Rosenblatt from Buy to Neutral
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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.