Upgrades and Downgrades for Wednesday, 9/21


  • Estee Lauder (EL) upgraded by Goldman Sachs from Neutral to Buy
  • PBF Energy (PBF) upgraded by JPMorgan from Neutral to Overweight
  • Event Hospitality and Entertainment (EVHEF) upgraded by Citi from Neutral to Buy
  • United Overseas Bank (UOVEY) upgraded by Daiwa from Hold to Outperform
  • Oxford Industries (OXM) upgraded by Citi from Sell to Neutral
  • Arista Networks (ANET) upgraded by Barclays from Equal Weight to Overweight
  • Aurora Cannabis (ACB) upgraded by Canaccord from Sell to Hold
  • TechnipFMC (FTI) upgraded by Exane BNP Paribas from Neutral to Outperform
  • Cementos Argos (CMTOY) upgraded by UBS from Sell to Neutral
  • Svenska Handelsbanken (SVNLY) upgraded by UBS from Neutral to Buy


  • Deutsche Post (DPSGY) downgraded by Goldman Sachs from Buy to Neutral
  • Flutter Entertainment (PDYPY) downgraded by Citi from Buy to Neutral
  • Adevinta (ADEVF) downgraded by Citi from Neutral to Sell
  • Crest Nicholson (CRTHF) downgraded by JPMorgan from Neutral to Underweight
  • Redrow (RDWWF) downgraded by JPMorgan from Overweight to Neutral
  • Sotera Health (SHC) downgraded by JPMorgan from Overweight to Underweight
  • Micron (MU) downgraded by Mizuho from Buy to Neutral
  • Western Digital (WDC) downgraded by Mizuhol from Buy to Neutra
  • Block (SQ) downgraded by SMBC Nikko from Outperform to Neutral
  • Associated British Foods (ASBFY) downgraded by UBS from Buy to Neutral
  • Autoliv (ALV) downgraded by SEB Equities from Buy to Hold
  • Cisco (CSCO) downgraded by Barclays from Overweight to Equal Weight
  • CSN (SID) downgraded by Bradesco BBI from Outperform to Neutral
  • Stitch Fix (SFIX) downgraded by Canaccord from Buy to Hold
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