Upgrades and Downgrades for Thursday 4/12


  • TechnipFMC (FTI) upgraded by Goldman Sachs from Neutral to Buy
  • Incyte (INCY) upgraded by UBS from Neutral to Buy
  • Prologis (PLD) upgraded by Jefferies from Hold to Buy
  • Mellanox (MLNX) upgraded by Barclays from Equal Weight to Overweight
  • MDC Partners (MDCA) upgraded by Wells Fargo from Market Perform to Outperform
  • Summit Hotel Properties (INN) upgraded by BofA/Merrill from Neutral to Buy
  • Mylan (MYL) upgraded by Leerink from Market Perform to Outperform
  • Manulife Financial (MFC) upgraded by TD Securities from Hold to Buy
  • PNM Resources (PNM) upgraded by Evercore ISI from Underperform to In Line


  • U.S. Silica (SLCA) downgraded by Goldman Sachs from Buy to Neutral
  • Apellis (APLC) downgraded by B. Riley FBR from Buy to Neutral
  • Cielo (CIOXY) downgraded by JPMorgan from Neutral to Underweight
  • Telefonica Brasil (VIV) downgraded by JPMorgan from Overweight to Neutral
  • Puma Biotechnology (PBYI) downgraded by Barclays from Overweight to Equal Weight
  • AveXis (AVXS) downgraded by UBS from Buy to Neutral
  • MuleSoft (MULE) downgraded by Barclays from Overweight to Equal Weight
  • J.B. Hunt (JBHT) downgraded by KeyBanc from Overweight to Sector Weight
  • Ellie Mae (ELLI) downgraded by Wedbush from Neutral to Underperform
  • Devon Energy (DVN) downgraded by Scotia Howard Weil from Focus List to Outperform

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.