Upgrades and Downgrades for Friday 11/23


  • Renault (RNLSY) upgraded by Jefferies from Hold to Buy
  • CYBG (CBBYF) upgraded by Citi from Neutral to Buy
  • CYBG (CBBYF) upgraded by Credit Suisse from Underperform to Neutral
  • Equinor (EQNR) upgraded by Barclays from Equal Weight to Overweight
  • Kingspan (KGSPY) upgraded by Berenberg from Hold to Buy
  • Royal Mail (ROYMF) upgraded by RBC Capital from Underperform to Sector Perform
  • Ferguson (FERGY) upgraded by Canaccord from Hold to Buy
  • Henkel (HENKY) upgraded by Credit Suisse from Underperform to Neutral


  • Kingfisher (KGFHY) downgraded by Goldman Sachs from Buy to Neutral
  • SKF AB (SKFRY) downgraded by Jefferies from Buy to Hold
  • Fox Factory (FOXF) downgraded by BofA/Merrill from Buy to Neutral
  • Credit Suisse (CS) downgraded by RBC Capital from Outperform to Sector Perform
  • Nissan (NSANY) downgraded by Macquarie from Outperform to Neutral
  • Rexnord (RXN) downgraded by Credit Suisse from Outperform Neutral
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