Upgrades and Downgrades for Tuesday, 9/15


  • BHP Group (BHP) upgraded by Goldman Sachs from Neutral to Buy
  • Bureau Veritas (BVRDF) upgraded by HSBC from Hold to Buy
  • Cemex (CX) upgraded by Goldman Sachs from Neutral to Buy
  • VF Corp. (VFC) upgraded by BTIG from Neutral to Buy
  • HeidelbergCement (HDELY) upgraded by MainFirst from Hold to Buy
  • Inchcape (INCPY) upgraded by Peel Hunt from Add to Buy
  • Western Union (WU) upgraded by BofA from Neutral to Buy
  • Leonardo (FINMY) upgraded by Societe Generale from Hold to Buy
  • Plantronics (PLT) upgraded by JPMorgan from Underweight to Neutral
  • Rio Tinto (RIO) upgraded by JPMorgan from Neutral to Overweight
  • Denso (DNZOY) upgraded by SMBC Nikko from Neutral to Outperform


  • Aisin Seiki (ASEKY) downgraded by SMBC Nikko from Outperform to Neutral
  • Rational (RTLLF) downgraded by Berenberg from Buy to Hold
  • Trip.com Group (TCOM) downgraded by ICBC from Buy to Neutral
  • Immunomedics (IMMU) downgraded by Jefferies from Buy to Hold
  • AutoCanada (AOCIF) downgraded by National Bank from Sector Perform to Underperform
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