Upgrades and Downgrades for Wednesday, 1/18

Upgrades

  • Check Point (CHKP) upgraded by Citi from Sell to Neutral
  • GoDaddy (GDDY) upgraded by Evercore ISI from In Line to Outperform
  • Seagate (STX) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Gap (GPS) upgraded by Morgan Stanley from Underweight to Equal Weight
  • ResMed (RMD) upgraded by Citi from Neutral to Buy
  • Magellan Midstream (MMP) upgraded by Barclays from Equal Weight to Overweight
  • Nestle (NSRGY) upgraded by Jefferies from Underperform to Hold
  • Evolution AB (EVVTY) upgraded by Deutsche Bank from Hold to Buy
  • Oatly Group (OTLY) upgraded by Mizuho from Neutral to Buy
  • Enerflex (ENRFF) upgraded by Stifel from Hold to Buy
  • Algoma Steel (ASTL) upgraded by Stifel from Hold to Buy
  • Myriad Genetics (MYGN) upgraded by Raymond James from Market Perform to Outperform
  • Natera (NTRA) upgraded by Raymond James from Market Perform to Outperform

Downgrades

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  • PennyMac Financial (PFSI) downgraded by JMP Securities from Outperform to Market Perform
  • Extra Space Storage (EXR) downgraded by Wolfe Research from Outperform to Peer Perform
  • Morgan Stanley (MS) downgraded by Citi from Buy to Neutral
  • IBM (IBM) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Skechers (SKX) downgraded by Morgan Stanley from Overweight to Equal Weight
  • ArcelorMittal (MT) downgraded by UBS from Neutral to Sell
  • Veracyte (VCYT) downgraded by Raymond James from Outperform to Market Perform
  • UGI Corporation (UGI) downgraded by Barclays from Equal Weight to Underweight
  • PayPal (PYPL) downgraded by SMBC Nikko from Neutral to Underperform
  • Chegg (CHGG) downgraded by Needham from Buy to Hold
  • Yeti (YETI) downgraded by Cowen from Outperform to Market Perform
  • Levi Strauss (LEVI) downgraded by BofA from Buy to Neutral
  • DNB Bank (DNBBY) downgraded by JPMorgan from Overweight to Neutral
  • Exxon Mobil (XOM) downgraded by Redburn from Neutral to Sell
  • Shell (SHEL) downgraded by Redburn from Buy to Neutral
  • BP (BP) downgraded by Redburn 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.

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