Upgrades and Downgrades for Tuesday, 8/1


  • American Eagle (AEO) upgraded by Barclays from Equal Weight to Overweight
  • Bath & Body Works (BBWI) upgraded by Barclays from Equal Weight to Overweight
  • Tapestry (TPR) upgraded by Barclays from Equal Weight to Overweight
  • Gap (GPS) upgraded by Barclays from Equal Weight to Overweight
  • Basic-Fit (BSFFF) upgraded by Berenberg from Hold to Buy
  • BASF (BASFY) upgraded by Baader Helvea from Reduce to Add
  • Getinge (GNGBY) upgraded by Kepler Cheuvreux from Hold to Buy
  • ResMed (RMD) upgraded by RBC Capital from Sector Perform to Outperform
  • Goldman Sachs (GS) upgraded by Atlantic Equities from Underweight to Neutral
  • Varonis (VRNS) upgraded by Craig-Hallum from Hold to Buy
  • Gold Road Resources (ELKMF) upgraded by Jefferies from Hold to Buy


  • Dingdong (DDL) downgraded by Daiwa from Buy to Hold
  • Eastman Chemical (EMN) downgraded by Piper Sandler from Overweight to Neutral
  • Brown & Brown (BRO) downgraded by Keefe Bruyette from Outperform to Market Perform
  • SoFi Technologies (SOFI) downgraded by Keefe Bruyette from Market Perform to Underperform
  • Estee Lauder (EL) downgraded by Citi from Buy to Neutral
  • AP Moller Maersk (AMKBY) downgraded by SEB Equities from Hold to Sell
  • Domino’s Pizza Group (DMPZF) downgraded by Peel Hunt from Buy to Add
  • Rivian Automotive (RIVN) downgraded by Cantor Fitzgerald from Overweight to Neutral
  • Chinook Therapeutics (KDNY) downgraded by Wells Fargo from Overweight to Equal Weight
  • MaxLinear (MXL) downgraded by Loop Capital from Buy to Hold
  • Valley National (VLY) downgraded by Hovde Group from Outperform to Market Perform
  • Canadian National (CNI) downgraded by Argus from Buy to Hold
The Most Perfect Dividend Stock [sponsor]
This stock checks all the boxes. Pays a high dividend (8%), has a record of increasing that yield (an average of 37.5% throughout company history), and is set up perfectly to profit from continued Fed rate hikes. Click here for the name and ticker of the most perfect dividend stock on the market right now.


Upgrades & Downgrades provided by The Fly at http://www.thefly.com.  The Fly is a leading digital publisher of real-time financial news. Our financial market experts understand that news impacting stock prices can originate from anywhere, at any time. The Fly team scours all sources of company news, from mainstream to cutting-edge, then filters out the noise to deliver short-form stories consisting of only market moving content. Become an informed investor. Try all of The Fly’s services FREE for 14 days by clicking here.