Upgrades and Downgrades for Tuesday, 5/23


  • Greenhill & Co. (GHL) upgraded by Keefe Bruyette from Underperform to Market Perform
  • Danske Bank (DNKEY) upgraded by JPMorgan from Underweight to Neutral
  • Africa Oil (AOIFF) upgraded by Barclays from Equal Weight to Overweight
  • Shop Apotheke (SAEYY) upgraded by Morgan Stanley from Underweight to Equal Weight
  • Krung Thai Bank (KTHAF) upgraded by JPMorgan from Neutral to Overweight
  • DBS Group (DBSDY) upgraded by HSBC from Hold to Buy
  • Quanterix (QTRX) upgraded by Goldman Sachs from Neutral to Buy
  • Azelis (AZLGF) upgraded by Oddo BHF from Neutral to Outperform
  • Chevron (CVX) upgraded by HSBC from Hold to Buy
  • NTT Data (NTDTY) upgraded by Citi from Sell to Neutral
  • Disco (DSCSY) upgraded by Mizuho from Neutral to Buy
  • CCC Intelligent Solutions (CCCS) upgraded by Evercore ISI from In Line to Outperform
  • Zoom Video (ZM) upgraded by MoffettNathanson from Underperform to Market Perform


  • Rain Oncology (RAIN) downgraded by Piper Sandler from Overweight to Neutral
  • Rain Oncology (RAIN) downgraded by Citi from Buy to Neutral
  • J Sainsbury (JSAIY) downgraded by Citi from Buy to Neutral
  • Semen Indonesia (PSGTF) downgraded by JPMorgan from Overweight to Neutral
  • Greenhill & Co. (GHL) downgraded by JMP Securities from Outperform to Market Perform
  • Interroll (IRRHF) downgraded by UBS from Neutral to Sell
  • Julius Baer (JBAXY) downgraded by Keefe Bruyette from Market Perform to Underperform
  • Leroy Seafood (LYSFY) downgraded by Nordea from Buy to Hold
  • Repsol (REPYY) downgraded by HSBC from Buy to Hold
  • Nippon Telegraph (NTTYY) downgraded by Citi from Buy to Neutral
  • Ultrapar (UGP) downgraded by Citi from Buy to Neutral
  • Wheaton Precious Metals (WPM) downgraded by RBC Capital from Outperform to Sector Perform
  • Intercept (ICPT) downgraded by Needham from Buy to Hold
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