Upgrades

  • Philips (PHG) upgraded by Jefferies from Underperform to Hold
  • VAT Group (VACNY) upgraded by Kepler Cheuvreux from Hold to Buy
  • Summit Materials (SUM) upgraded by Barclays from Equal Weight to Overweight
  • Coca-Cola Femsa (KOF) upgraded by Citi from Neutral to Buy

Downgrades

  • Linamar (LIMAF) downgraded by Scotiabank from Outperform to Sector Perform
  • Cemex (CX) downgraded by JPMorgan from Overweight to Neutral
  • Redwire (RDW) downgraded by B. Riley from Buy to Neutral
  • ABB (ABBNY) downgraded by Goldman Sachs from Buy to Neutral
  • Tapestry (TPR) downgraded by TD Cowen from Buy to Hold
Strange change at your bank [sponsor]
At least 41 major US banks have just made a drastic change to the way money in America works. It could have some major implications for you, your money and your retirement. But it's crucial you understand what's happening, before these changes get applied to your bank account. Here's everything you need to know.

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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.