Upgrades and Downgrades for Tuesday, 10/29

Upgrades

  • Philips (PHG) upgraded by Jefferies from Underperform to Hold
  • VAT Group (VACNY) upgraded by Kepler Cheuvreux from Hold to Buy
  • Summit Materials (SUM) upgraded by Barclays from Equal Weight to Overweight
  • Coca-Cola Femsa (KOF) upgraded by Citi from Neutral to Buy

Downgrades

  • Linamar (LIMAF) downgraded by Scotiabank from Outperform to Sector Perform
  • Cemex (CX) downgraded by JPMorgan from Overweight to Neutral
  • Redwire (RDW) downgraded by B. Riley from Buy to Neutral
  • ABB (ABBNY) downgraded by Goldman Sachs from Buy to Neutral
  • Tapestry (TPR) downgraded by TD Cowen from Buy to Hold
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