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
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