Upgrades and Downgrades for December, 12/1

Upgrades

  • Chemours (CC) upgraded by RBC Capital from Sector Perform to Outperform
  • Anglo American (NGLOY) upgraded by UBS from Neutral to Buy
  • Johnson & Johnson (JNJ) upgraded by UBS from Neutral to Buy
  • Astra International (PTAIY) upgraded by JPMorgan from Underweight to Neutral
  • Elastic (ESTC) upgraded by Wells Fargo from Equal Weight to Overweight
  • Constellation Brands (STZ) upgraded by Goldman Sachs from Buy to Conviction Buy
  • AXA (AXAHY) upgraded by Keefe Bruyette from Market Perform to Outperform
  • On the Beach Group (OOBHF) upgraded by Panmure Gordon from Hold to Buy
  • Rio Tinto (RIO) upgraded by Liberum from Hold to Buy
  • Rolls-Royce (RYCEY) upgraded by Oddo BHF from Neutral to Outperform
  • Storebrand (SREDY) upgraded by Keefe Bruyette from Underperform to Market Perform
  • Norfolk Southern (NSC) upgraded by BofA from Neutral to Buy
  • Medibank Private (MDBPF) upgraded by Jefferies from Hold to Buy

Downgrades

  • Societe Generale (SCGLY) downgraded by Goldman Sachs from Neutral to Sell
  • ImmunoGen (IMGN) downgraded by BMO Capital from Outperform to Market Perform
  • Alibaba (BABA) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Spotify (SPOT) downgraded by Citi from Buy to Neutral
  • LVMH (LVMUY) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Tesco (TSCDY) downgraded by JPMorgan from Neutral to Underweight
  • Pearson (PSO) downgraded by Deutsche Bank from Buy to Hold
  • Prada (PRDSY) downgraded by Bernstein from Outperform to Market Perform
  • Lemonade (LMND) downgraded by Oppenheimer from Outperform to Perform
  • BioNTech (BNTX) downgraded by JPMorgan from Neutral to Underweight
  • Warner Bros. Discovery (WBD) downgraded by Goldman Sachs from Conviction Buy to Buy
  • Legal & General (LGGNY) downgraded by Keefe Bruyette to Underperform
  • Texas Roadhouse (TXRH) downgraded by Piper Sandler from Overweight to Neutral
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