Upgrades and Downgrades for Monday, 9/28


  • Afya (AFYA) upgraded by Goldman Sachs from Neutral to Buy
  • FedEx (FDX) upgraded by Deutsche Bank from Hold to Buy
  • Aviva (AVVIY) upgraded by Deutsche Bank from Hold to Buy
  • UPS (UPS) upgraded by KeyBanc from Sector Weight to Overweight
  • Itron (ITRI) upgraded by Raymond James from Outperform to Strong Buy
  • Qiagen (QGEN) upgraded by Kepler Cheuvreux from Hold to Buy
  • Cleanaway (TSPCF) upgraded by Credit Suisse from Neutral to Outperform
  • Volvo (VOLVY) upgraded by Nordea from Hold to Buy
  • Close Brothers (CBGPY) upgraded by Investec from Sell to Hold
  • Anglo American Platinum (ANGPY) upgraded by Investec from Hold to Buy
  • Northern Star Resources (NESRF) upgraded by UBS from Sell to Neutral
  • Costamare (CMRE) upgraded by Citi from Sell to Buy
  • MercadoLibre (MELI) upgraded by Jefferies from Hold to Buy
  • Snap (SNAP) upgraded by Guggenheim from Neutral to Buy
  • Spotify (SPOT) upgraded by Guggenheim from Sell to Neutral
  • Cimarex Energy (XEC) upgraded by BofA from Neutral to Buy
  • Chevron (CVX) upgraded by BofA from Neutral to Buy


  • Countryside Properties (CSPLF) downgraded by Berenberg from Buy to Hold
  • Svenska Cellulosa AB (SVCBY) downgraded by Nordea from Buy to Hold
  • Choice Hotels (CHH) downgraded by Longbow from Buy to Neutral
  • Azure Power (AZRE) downgraded by HSBC from Buy to Hold
  • Copa Holdings (CPA) downgraded by Barclays from Overweight to Underweight
  • Expedia (EXPE) downgraded by RBC Capital from Outperform to Sector Perform
  • Par Pacific (PARR) downgraded by Credit Suisse from Neutral to Underperform
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