Upgrades and Downgrades for Monday 5/7

Upgrades

  • CVR Refining (CVRR) upgraded by Goldman Sachs from Neutral to Buy
  • PennyMac Financial (PFSI) upgraded by Keefe Bruyette from Market Perform to Outperform
  • Illumina (ILMN) upgraded by Barclays from Equal Weight to Overweight
  • Basic Energy (BAS) upgraded by Piper Jaffray from Neutral to Overweight
  • Church & Dwight (CHD) upgraded by Macquarie from Neutral to Outperform
  • CenterPoint Energy (CNP) upgraded by Deutsche Bank from Hold to Buy
  • Santander Consumer (SC) upgraded by UBS from Neutral to Buy
  • LendingTree (TREE) upgraded by UBS from Neutral to Buy
  • Discover (DFS) upgraded by UBS from Sell to Neutral
  • Paramount Group (PGRE) upgraded by Mizuho from Underperform to Neutral
  • Eaton (ETN) upgraded by Evercore ISI from In Line to Outperform
  • Deere (DE) upgraded by Evercore ISI from In Line to Outperform
  • Silgan Holdings (SLGN) upgraded by KeyBanc from Underweight to Sector Weight
  • HSBC (HSBC) upgraded by CLSA from Outperform to Buy
  • McDonald’s(MCD) upgraded by Goldman Sachs from Buy to Conviction Buy
  • AutoZone (AZO) upgraded by Goldman Sachs from Buy to Conviction Buy

Downgrades

  • Norsk Hydro (NHYDY) downgraded by Goldman Sachs from Neutral to Sell
  • MTGE Investment (MTGE) downgraded by Keefe Bruyette from Outperform to Market Perform
  • Cognex (CGNX) downgraded by JPMorgan from Neutral to Underweight
  • Eaton (ETN) downgraded by Barclays from Equal Weight to Underweight
  • Allete (ALE) downgraded by Mizuho from Buy to Neutral
  • Parker-Hannifin (PH) downgraded by Evercore ISI from Outperform to In Line
  • Buckeye Partners (BPL) downgraded by Citi from Buy to Neutral
  • Celgene (CELG) downgraded by RBC Capital from Top Pick to Outperform
  • Shake Shack (SHAK) downgraded by JPMorgan from Neutral to Underweight
  • SiriusXM (SIRI) downgraded by Buckingham from Buy to Neutral

fly360Upgrades & 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 TheFly’s services FREE for 14 days by clicking here.