Upgrades and Downgrades for Thursday, 7/18

Upgrades

  • Schroders (SHNWF) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Zurich Insurance (ZURVY) upgraded by Morgan Stanley from Underweight to Equal Weight
  • Zip Co. (ZIZTF) upgraded by RBC Capital from Sector Perform to Outperform
  • Toast (TOST) upgraded by Mizuho from Neutral to Outperform
  • Gap (GPS) upgraded by Morgan Stanley from Equal Weight to Overweight
  • e.l.f. Beauty (ELF) upgraded by Baird from Neutral to Outperform
  • VF Corp. (VFC) upgraded by Citi from Neutral to Buy
  • Nexus Industrial (EFRTF) upgraded by National Bank from Sector Perform to Outperform
  • IAG (ICAGY) upgraded by Oddo BHF from Neutral to Outperform
  • Allstate (ALL) upgraded by BMO Capital from Market Perform to Outperform
  • Fortinet (FTNT) upgraded by TD Cowen from Hold to Buy
  • Block (SQ) upgraded by William Blair from Market Perform to Outperform

Downgrades

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  • Five Below (FIVE) downgraded by Deutsche Bank from Buy to Hold
  • Pinnacle Financial (PNFP) downgraded by Piper Sandler from Overweight to Neutral
  • Leslie’s (LESL) downgraded by Stifel from Hold to Sell
  • Foot Locker (FL) downgraded by Morgan Stanley from Equal Weight to Underweight
  • Crowdstrike (CRWD) downgraded by Redburn Atlantic from Neutral to Sell
  • Palo Alto Networks (PANW) downgraded by Redburn Atlantic from Buy to Neutral
  • ASML (ASML) downgraded by DZ Bank from Buy to Hold
  • easyJet (ESYJY) downgraded by Oddo BHF from Outperform to Neutral
  • Elevance Health (ELV) downgraded by BofA from Buy to Neutral
  • PayPal (PYPL) downgraded by William Blair from Outperform to Market Perform
  • Teradyne (TER) downgraded by Northland from Outperform to Market Perform
  • Molson Coors (TAP) downgraded by Barclays from Equal Weight to Underweight
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