Upgrades and Downgrades for Monday, 12/18

Upgrades

  • Prologis (PLD) upgraded by JPMorgan from Neutral to Overweight
  • BNY Mellon (BK) upgraded by JPMorgan from Neutral to Overweight
  • Tanger Factory (SKT) upgraded by JPMorgan from Neutral to Overweight
  • Equifax (EFX) upgraded by Jefferies from Hold to Buy
  • Salesforce (CRM) upgraded by Wolfe Research from Peer Perform to Outperform
  • Canadian Solar (CSIQ) upgraded by Goldman Sachs from Sell to Neutral
  • Snap (SNAP) upgraded by Guggenheim from Neutral to Buy
  • Royal Bank of Canada (RY) upgraded by BofAA from Neutral to Buy
  • Bank of Montreal (BMO) upgraded by BofA from Neutral to Buy
  • Progressive (PGR) upgraded by Wells Fargo from Equal Weight to Overweight
  • First Internet Bancorp (INKB) upgraded by Craig-Hallum from Hold to Buy
  • Lightspeed (LSPD) upgraded by JPMorgan from Underweight to Neutral

Downgrades

  • Roku (ROKU) downgraded by Seaport Research from Neutral to Sell
  • Archer Daniels (ADM) downgraded by BMO Capital from Outperform to Market Perform
  • Re/Max Holdings (RMAX) downgraded by JPMorgan from Neutral to Underweight
  • M&T Bank (MTB) downgraded by Deutsche Bank from Buy to Hold
  • Shopify (SHOP) downgraded by JMP Securities from Outperform to Market Perform
  • Arm (ARM) downgraded by Deutsche Bank from Buy to Hold
  • Bayer (BAYRY) downgraded by HSBC from Hold to Reduce
  • UnitedHealth (UNH) downgraded by HSBC from Hold to Reduce
  • AbbVie (ABBV) downgraded by HSBC from Buy to Hold
  • Novartis (NVS) downgraded by HSBC from Buy to Hold
  • Nokia (NOK) downgraded by Goldman Sachs from Buy to Neutral
  • Chubb (CB) downgraded by Wells Fargo from Overweight to Equal Weight
  • Palo Alto Networks (PANW) downgraded by Raymond James from Outperform to Market Perform
Elon's Social Security shock? [sponsor]
New research reveals what Elon Musk could be planning in Washington D.C. and how it may impact your money. In short, Elon has much bigger plans than simply "draining the swamp." His next big project could bring about nothing short of a revolution in our economy... It could change the way you file and pay your taxes... collect Social Security... and how you travel. To do it, Elon will likely use the same strategy he’s applied in every other business. See the playbook, here.

fly360

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.