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

  • 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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