Analyst Upgrades / Downgrades As Of Tuesday, Dec 15, 2020

UPGRADES

AGCO Corp  (AGCO)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $122

AGCO Corp  (AGCO)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

American Campus Communities  (ACC)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $49

ArcelorMittal  (MT)
Brokerage Firm:  Societe Generale |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Atlantica Yield  (AY)
Brokerage Firm:  Seaport Global Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

Atmos Energy  (ATO)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $113

Becton Dickinson  (BDX)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $297

Black Hills Corp   (BKH)
Brokerage Firm:  Scotiabank |  Action:  Upgrade |  Ratings Change:  Sector Perform » Sector Outperform |  Price Tgt:  $77

CNH Industrial  (CNHI)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Comp Siderurgica  (SID)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

Emerson  (EMR)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Equifax  (EFX)
Brokerage Firm:  Atlantic Equities |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $228

Exxon Mobil  (XOM)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $53

Flowserve  (FLS)
Brokerage Firm:  Stifel |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $45

Gerdau S.A.   (GGB)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  

Inari  (NARI)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $79

Independence Realty Trust  (IRT)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $15

Ionis Pharma  (IONS)
Brokerage Firm:  Cowen |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  

ITT  (ITT)
Brokerage Firm:  Stifel |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $100

Kimco Realty  (KIM)
Brokerage Firm:  Citigroup |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $15 » $16.50

Lumentum  (LITE)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $105

Medical Properties Trust  (MPW)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $24

Medtronic  (MDT)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $140

Mohawk  (MHK)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Sell » Hold |  Price Tgt:  $135

Occidental Petro  (OXY)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Underweight » Equal Weight |  Price Tgt:  $20

REV Group  (REVG)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Underweight » Equal-Weight |  Price Tgt:  $10

RPT Realty  (RPT)
Brokerage Firm:  Deutsche Bank |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $10

Terex  (TEX)
Brokerage Firm:  Stifel |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $27 » $41

Wells Fargo  (WFC)
Brokerage Firm:  Keefe Bruyette |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  $28 » $36

Zynga  (ZNGA)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $12.50

DOWNGRADES

Avaya Holdings  (AVYA)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  $22

Baker Hughes  (BKR)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $20 » $24

Baxter  (BAX)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $96 » $85

Becton Dickinson  (BDX)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $265

Boston Properties  (BXP)
Brokerage Firm:  Deutsche Bank |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $103

Buenaventura SA  (BVN)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Calumet Specialty Products  (CLMT)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $4

Chevron  (CVX)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $105

Clearway Energy  (CWEN)
Brokerage Firm:  Seaport Global Securities |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Grupo Televisa  (TV)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  

Hexcel  (HXL)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Downgrade |  Ratings Change:  Overweight » Sector Weight |  Price Tgt:  

II-VI  (IIVI)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  $76

Innate Pharma  (IPHA)
Brokerage Firm:  SVB Leerink |  Action:  Downgrade |  Ratings Change:  Outperform » Mkt Perform |  Price Tgt:  $7 » $5

Intuitive Surgical  (ISRG)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  $780

Iovance Biotherapeutics  (IOVA)
Brokerage Firm:  H.C. Wainwright |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Johnson Controls  (JCI)
Brokerage Firm:  Deutsche Bank |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  

L3Harris  (LHX)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $215

Macerich  (MAC)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Neutral » Sell |  Price Tgt:  $8 » $9.50

Murphy Oil  (MUR)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $11

NuVasive  (NUVA)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $48

NXP Semi  (NXPI)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $152 » $160

Pactiv Evergreen  (PTVE)
Brokerage Firm:  BMO Capital Markets |  Action:  Downgrade |  Ratings Change:  Outperform » Market Perform |  Price Tgt:  $18

Rayonier  (RYN)
Brokerage Firm:  Raymond James |  Action:  Downgrade |  Ratings Change:  Outperform » Mkt Perform |  Price Tgt:  

Tandem Diabetes Care  (TNDM)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $105

United Rentals  (URI)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $180

Watts Water Tech.  (WTS)
Brokerage Firm:  Stifel |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $123 » $124

Xylem  (XYL)
Brokerage Firm:  Stifel |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $100

COVERAGE INITIATED

AGCO Corp  (AGCO)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $114

American Equity Investment Life  (AEL)
Brokerage Firm:  Credit Suisse |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $35

Biohaven Pharmaceutical  (BHVN)
Brokerage Firm:  H.C. Wainwright |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $121

Calyxt  (CLXT)
Brokerage Firm:  Berenberg |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $9

Carvana  (CVNA)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $314

CNH Industrial  (CNHI)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Perform |  Price Tgt:  

CNX Resources  (CNX)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $12

Deere  (DE)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $296

Dick’s Sporting Goods  (DKS)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Underweight |  Price Tgt:  $45

EQT Corp.  (EQT)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $19

Intra-Cellular Therapies  (ITCI)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $40

Kornit Digital  (KRNT)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $83

Maravai Life Sciences  (MRVI)
Brokerage Firm:  Robert W. Baird |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $31

Maravai Life Sciences  (MRVI)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Maravai Life Sciences  (MRVI)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $31

Maravai Life Sciences  (MRVI)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $38

Napco Security Systems  (NSSC)
Brokerage Firm:  B. Riley Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $40

NeoGames  (NGMS)
Brokerage Firm:  Macquarie |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $28

Revolve Group  (RVLV)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $30

Sotera Health  (SHC)
Brokerage Firm:  Credit Suisse |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $31

Sotera Health  (SHC)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $34

Sotera Health  (SHC)
Brokerage Firm:  Citigroup |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $32

Sotera Health  (SHC)
Brokerage Firm:  RBC Capital Mkts |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $31

The RealReal  (REAL)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $19

United Natural Foods  (UNFI)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $19

Velodyne Lidar  (VLDR)
Brokerage Firm:  Needham |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $30

Vroom  (VRM)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $58

WW  (WW)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $36

COVERAGE RESUMED

Global Blood Therapeutics  (GBT)
Brokerage Firm:  H.C. Wainwright |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $75

Stoke Therapeutics  (STOK)
Brokerage Firm:  H.C. Wainwright |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $70

WAVE Life Sciences  (WVE)
Brokerage Firm:  H.C. Wainwright |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $20

REITERATED/PRICE TARGET CHANGED

Advanced Energy  (AEIS)
Brokerage Firm:  Cowen |  Action:  Reiterated |  Ratings Change:  Market Perform |  Price Tgt:  $88 » $100

Phillips 66  (PSX)
Brokerage Firm:  Cowen |  Action:  Reiterated |  Ratings Change:  Outperform |  Price Tgt:  $67 » $70

Relay Therapeutics  (RLAY)
Brokerage Firm:  H.C. Wainwright |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $54 » $57

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