Upgrades and Downgrades for Tuesday, 9/13

Upgrades

  • Svenska Cellulosa (SVCBF) upgraded by Danske Bank from Hold to Buy
  • Stora Enso (SEOAY) upgraded by Danske Bank from Hold to Buy
  • UPM-Kymmene (UPMMY) upgraded by Danske Bank from Hold to Buy
  • Metsa Board (MTSAF) upgraded by Danske Bank from Hold to Buy
  • BT Group (BTGOF) upgraded by Deutsche Bank from Sell to Hold
  • Beazley (BZLYF) upgraded by Investec from Hold to Buy
  • Lancashire (LCSHF) upgraded by Investec from Hold to Buy
  • Eurocash (EUSHF) upgraded by Erste Group from Reduce to Hold
  • Polski Koncern Naftowy (PSKOF) upgraded by HSBC from Hold to Buy
  • Entain (GMVHF) upgraded by HSBC from Hold to Buy
  • CD Projekt (OTGLY) upgraded by Bernstein from Underperform to Market Perform
  • Eurofins Scientific (ERFSF) upgraded by Societe Generale from Sell to Hold
  • Aegon (AEG) upgraded by Societe Generale from Hold to Buy
  • Cascades (CADNF) upgraded by RBC Capital from Sector Perform to Outperform
  • Piraeus Bank (BPIRY) upgraded by JPMorgan from Neutral to Overweight
  • Wipro (WIT) upgraded by Goldman Sachs from Sell to Buy

Downgrades

  • Health Catalyst (HCAT) downgraded by Piper Sandler from Overweight to Neutral
  • Dow Inc. (DOW) downgraded by Jefferies from Buy to Hold
  • MTU Aero Engines (MTUAY) downgraded by BofA from Buy to Neutral
  • Outokumpu (OUTKY) downgraded by Oddo BHF from Neutral to Underperform
  • Associated British Foods (ASBFY) downgraded by Investec from Add to Hold
  • Metro Bank (MBNKF) downgraded by Investec from Buy to Hold
  • Hiscox (HCXLF) downgraded by Investec from Buy to Hold
  • Volkswagen (VWAGY) downgraded by HSBC from Buy to Hold
  • Allianz (ALIZY) downgraded by Societe Generale from Buy to Hold
  • Oatly Group (OTLY) downgraded by Credit Suisse from Outperform to Neutral
  • South32 (SOUHY) downgraded by Citi from Buy to Neutral
  • Adobe (ADBE) downgraded by BMO Capital from Outperform to Market Perform
  • Steven Madden (SHOO) downgraded by Loop Capital from Buy to Hold
  • Komatsu (KMTUY) downgraded by Citi from Buy to Neutral
  • Tyson Foods (TSN) downgraded by Argus from Buy to Hold
  • Infosys (INFY) downgraded by Goldman Sachs from Conviction Buy to Sell
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