Upgrades and Downgrades for Wednesday, 6/19


  • National Grid (NGG) upgraded by BofA/Merrill from Neutral to Buy
  • Kingfisher (KGFHY) upgraded by BofA/Merrill from Underperform to Neutral
  • CEMEX (CX) upgraded by Barclays from Equal Weight to Overweight
  • Tanger Factory (SKT) upgraded by Goldman from Sell to Neutral
  • Ball Corp. (BLL) upgraded by RW Baird from Neutral to Outperform
  • Sonic (SONC) upgraded by Morgan Stanley from Underweight to Equal Weight
  • Adobe (ADBE) upgraded by BofA/Merrill from Neutral to Buy
  • United Natural Foods (UNFI) upgraded by Piper Jaffray from Neutral to Overweight
  • Toll Brothers (TOL) upgraded by Argus from Hold to Buy



  • Novo Nordisk (NVO) downgraded by Exane BNP Paribas from Neutral to Underperform
  • American Eagle (AEO) downgraded by Citigroup from Buy to Neutral
  • Tesaro (TSRO) downgraded by BMO Capital from Outperform to Market Perform
  • Arthur J. Gallagher (AJG) downgraded by William Blair from Outperform to Market Perform
  • Nexstar (NXST) downgraded by Gabelli from Buy to Hold
  • Sprint (S) downgraded by Macquarie from Outperform to Neutral
  • Tetra Tech (TTEK) downgraded by Brean Capital from Buy to Hold
  • Cliffs Natural (CLF) downgraded by BofA/Merrill from Neutral to Underperform
  • Sonoco Products (SON) downgraded by RW Baird from Outperform to Neutral
  • BlackBerry (BBRY) downgraded by Bernstein from Market Perform to Underperform
  • Century Aluminum (CENX) downgraded by BofA/Merrill from Neutral to Underperform


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