Upgrades and Downgrades for Friday, 9/25


  • Cardinal Health (CAH) upgraded by Deutsche Bank from Hold to Buy
  • Prada (PRDSY) upgraded by Goldman Sachs from Sell to Neutral
  • H2O Innovation (HEOFF) upgraded by Industrial Alliance from Speculative Buy to Buy
  • One Gas (OGS) upgraded by Mizuho from Neutral to Buy
  • Nestle (NSRGY) upgraded by HSBC from Hold to Buy
  • 4imprint Group (FRRFF) upgraded by HSBC from Hold to Buy
  • Banco Macro (BMA) upgraded by HSBC from Reduce to Buy
  • Jenoptik (JNPKF) upgraded by HSBC from Hold to Buy
  • Antofagasta (ANFGF) upgraded by Investec from Hold to Buy
  • Coty (COTY) upgraded by Citi from Sell to Neutral
  • 89bio (ETNB) upgraded by BofA from Neutral to Buy
  • Ascential (AIAPF) upgraded by HSBC from Hold to Buy
  • Bodycote (BYPLF) upgraded by HSBC from Hold to Buy
  • CSX (CSX) upgraded by Benchmark from Hold to Buy
  • Norfolk Southern (NSC) upgraded by Benchmark from Hold to Buy
  • Outfront Media (OUT) upgraded by Citi from Neutral to Buy
  • Rocket Companies (RKT) upgraded by Susquehanna from Negative to Neutral
  • Qualcomm (QCOM) upgraded by Exane BNP Paribas from Underperform to Outperform
  • Norwegian Cruise Line (NCLH) upgraded by Barclays from Equal Weight to Overweight


  • Voltalia (VLTAF) downgraded by Oddo BHF from Buy to Neutral
  • Universal Technical (UTI) downgraded by Argus from Buy to Hold
  • Washington REIT (WRE) downgraded by Capital One from Overweight to Equalweight
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