Upgrades and Downgrades for Tuesday, 7/20

Upgrades

  • Simon Property (SPG) upgraded by Stifel from Hold to Buy
  • Gatos Silver (GATO) upgraded by RBC Capital from Sector Perform to Outperform
  • IBM (IBM) upgraded by Societe Generale from Sell to Hold
  • Vallourec (VLOWY) upgraded by Kepler Cheuvreux from Reduce to Hold
  • Sundrug (SDGCF) upgraded by SMBC Nikko from Underperform to Neutral
  • Zions Bancorp (ZION) upgraded by Baird from Underperform to Neutral
  • InterContinental (IHG) upgraded by Stifel from Hold to Buy
  • Western Midstream (WES) upgraded by Morgan Stanley from Equal Weight to Overweight
  • LivaNova (LIVN) upgraded by Needham from Hold to Buy
  • Elementis (EMNSF) upgraded by HSBC from Reduce to Hold
  • CMS Energy (CMS) upgraded by KeyBanc from Sector Weight to Overweight
  • Krystal Biotech (KRYS) upgraded by Goldman Sachs from Neutral to Buy
  • Incyte (INCY) upgraded by Benchmark from Hold to Buy
  • BNY Mellon (BK) upgraded by Argus from Hold to Buy

Downgrades

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  • Five9 (FIVN) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Viavi (VIAV) downgraded by JPMorgan from Overweight to Neutral
  • Ardelyx (ARDX) downgraded by Piper Sandler from Overweight to Neutral
  • Topcon (TOPCF) downgraded by SMBC Nikko from Outperform to Neutral
  • Glaukos (GKOS) downgraded by Wells Fargo from Equal Weight to Underweight
  • Consolidated Edison (ED) downgraded by KeyBanc from Sector Weight to Underweight
  • Great-West Lifeco (GWLIF) downgraded by CIBC from Outperformer to Neutral
  • Cheniere Energy Partners (CQP) downgraded by Barclays from Overweight to Equal Weight
  • Enbridge (ENB) downgraded by Barclays from Overweight to Equal Weight
  • Fujitsu (FJTSY) downgraded by Goldman Sachs from Conviction Buy to Buy
  • Rocket Companies (RKT) downgraded by Wedbush from Neutral to Underperform
  • Vertex Pharmaceuticals (VRTX) downgraded by SVB Leerink from Market Perform to Underperform
  • TC Energy (TRP) downgraded by Morgan Stanley from Overweight to Equal Weight
  • FMC Corporation (FMC) downgraded by Loop Capital from Buy to Hold
  • Cloudflare (NET) downgraded by BTIG from Buy to Neutral

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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.

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