Upgrades and Downgrades for Wednesday, 7/3


  • Appen (APPEF) upgraded by RBC Capital from Sector Perform to Outperform
  • Henkel (HENKY) upgraded by Goldman Sachs from Neutral to Buy
  • Gol Linhas (GOL) upgraded by Goldman Sachs from Neutral to Buy
  • Travis Perkins (TPRKY) upgraded by Canaccord from Hold to Buy
  • Mullen Group (MLLGF) upgraded by CIBC from Neutral to Outperformer
  • Wood Group (WDGLF) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Barrick Gold (GOLD) resumed by BMO Capital from Market Perform to Outperform
  • Cinemark (CNK) upgraded by Loop Capital from Hold to Buy


  • Latam Airlines (LTM) downgraded by Goldman Sachs from Neutral to Sell
  • Ferguson (FERGY) downgraded by Canaccord from Buy to Hold
  • Inogen (INGN) downgraded by JPMorgan from Neutral to Underweight
  • Sage Group (SGGEF) downgraded by Stifel from Buy to Hold
  • Royal Dutch Shell (RDS.A) downgraded by Exane BNP Paribas from Outperform to Neutral
  • Iluka Resources (ILKAY) downgraded by JPMorgan from Overweight to Neutral
  • Kirkland Lake Gold (KL) downgraded by Scotiabank from Outperform to Sector Perform
  • Domtar (UFS) downgraded by BMO Capital from Market Perform to Underperform
  • Assa Abloy (ASAZY) downgraded by Barclays from Overweight to Equal Weight
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