Upgrades and Downgrades for Monday, 8/21


  • Corbion (CSNVY) upgraded by Berenberg from Hold to Buy
  • Demant (WILYY) upgraded by JPMorgan from Neutral to Overweight
  • Cogent (CCOI) upgraded by Goldman Sachs from Sell to Neutral
  • XPeng (XPEV) upgraded by BofA from Neutral to Buy
  • U-Blox (UBLXF) upgraded by UBS from Sell to Neutral
  • Bank Jago (BJAGF) upgraded by JPMorgan from Underweight to Neutral
  • Tecan (TCHBF) upgraded by Baader Helvea from Add to Buy
  • Arca Continental (EMBVF) upgraded by Grupo Santander from Neutral to Outperform
  • Nomura Research Institute (NRILY) upgraded by Citi from Sell to Neutral
  • Liberty SiriusXM (LSXMA) upgraded by Seaport Research from Neutral to Buy
  • AppFolio (APPF) upgraded by Stephens from Equal Weight to Overweight
  • ArcBest (ARCB) upgraded by Wolfe Research from Peer Perform to Outperform


  • Adyen (ADYEY) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Insulet (PODD) downgraded by Baird from Outperform to Neutral
  • Sarcos Technology (STRC) downgraded by Jefferies from Buy to Hold
  • Virbac (VRBCF) downgraded by Stifel from Buy to Hold
  • Medical Properties Trust (MPW) downgraded by JPMorgan from Neutral to Underweight
  • Napco Security (NSSC) downgraded by William Blair from Outperform to Market Perform
  • Coca-Cola Femsa (KOF) downgraded by Grupo Santander from Outperform to Neutral
  • Alsea (ALSSF) downgraded by Grupo Santander from Outperform to Neutral
  • Alpha Metallurgical (AMR) downgraded by TD Cowen from Outperform to Market Perform
  • Tracon Pharmaceuticals (TCON) downgraded by JonesResearch from Buy to Hold
  • Napco Security (NSSC) downgraded by B. Riley from Buy to Neutral
  • Napco Security (NSSC) downgraded by Lake Street from Buy to Hold
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