Upgrades and Downgrades for Wednesday, 11/20


  • easyJet (ESYJY) upgraded by Barclays from Underweight to Equal Weight
  • Intelsat (I) upgraded by Raymond James from Market Perform to Outperform
  • Novozymes (NVZMY) upgraded by Citi from Neutral to Buy
  • Tradeweb Markets (TW) upgraded by Goldman Sachs from Neutral to Buy
  • Credit Suisse (CS) upgraded by Redburn from Sell to Neutral
  • Adyen (ADYYF) upgraded by BofA/Merrill from Neutral to Buy
  • Verbund (OEZVY) upgraded by Credit Suisse from Underperform to Neutral
  • Paycom (PAYC) upgraded by RBC Capital from Sector Perform to Outperform
  • Canopy Growth (CGC) upgraded by BofA/Merrill from Neutral to Buy


  • Sherwin-Williams (SHW) downgraded by Edward Jones from Buy to Hold
  • Kohl’s (KSS) downgraded by Goldman Sachs from Buy to Neutral
  • Cboe Global Markets (CBOE) downgraded by Goldman Sachs from Conviction Buy to Neutral
  • Vivo Cannabis (VVCIF) downgraded by Canaccord from Speculative Buy to Hold
  • CRH (CRH) downgraded by Kepler Cheuvreux from Hold to Reduce
  • Mineral Resources (MALRF) downgraded by JPMorgan from Overweight to Neutral
  • Burford Capital (BRFRF) downgraded by Berenberg from Buy to Hold
  • Zurich Insurance (ZURVY) downgraded by Jefferies from Buy to Hold
  • Swedbank (SWDBY) downgraded by Nordea from Hold to Sell
  • SEB (SKVKY) downgraded by Nordea from Buy to Hold
  • Svenska Handelsbanken (SVNLY) downgraded by Nordea from Hold to Sell
  • Castlight Health (CSLT) downgraded by Canaccord from Buy to Hold
  • Evergy (EVRG) downgraded by BofA/Merrill from Neutral to Underperform
  • Qudian (QD) downgraded by Macquarie from Neutral to Underperform
  • RPC, Inc. (RES) downgraded by Citi from Neutral to Sell
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