Upgrades and Downgrades for Monday, 9/30

Upgrades

  • Pennon Group (PEGRF) upgraded by Deutsche Bank from Hold to Buy
  • Restaurant Brands (QSR) upgraded by Longbow from Underperform to Neutral
  • SMC Corp. (SMCAY) upgraded by Mizuho from Neutral to Buy
  • Cigna (CI) upgraded by BMO Capital from Market Perform to Outperform
  • Verra Mobility (VRRM) upgraded by BofA/Merrill from Neutral to Buy
  • TSMC (TSM) upgraded by Goldman Sachs from Buy to Conviction Buy
  • DNB ASA (DNHBY) upgraded by Berenberg from Hold to Buy
  • Newell Brands (NWL) upgraded by SunTrust from Hold to Buy
  • Bed Bath & Beyond (BBBY) upgraded by Wedbush from Neutral to Outperform
  • Zymeworks (ZYME) upgraded by Raymond James from Outperform to Strong Buy
  • Wells Fargo (WFC) upgraded by Argus from Hold to Buy
  • Urban Outfitters (URBN) upgraded by Wells Fargo from Market Perform to Outperform

Downgrades

  • SunCoke Energy (SXC) downgraded by B. Riley FBR from Buy to Neutral
  • Novozymes (NVZMY) downgraded by JPMorgan from Neutral to Underweight
  • Henkel (HENKY) downgraded by BofA/Merrill from Neutral to Underperform
  • ABN Amro (AAVMY) downgraded by RBC Capital from Top Pick to Outperform
  • UnitedHealth (UNH) downgraded by BMO Capital from Outperform to Market Perform
  • Humana (HUM) downgraded by BMO Capital from Outperform to Market Perform
  • U.S. Bancorp (USB) downgraded by BofA/Merrill from Neutral to Underperform
  • Adamas Pharmaceuticals (ADMS) downgraded by BofA/Merrill from Neutral to Underperform
  • Mammoth Energy (TUSK) downgraded by Barclays from Overweight to Equal Weight
  • Rockwell Automation (ROK) downgraded by Wells Fargo from Outperform to Market Perform
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