Analyst Upgrades / Downgrades As Of Tuesday, Jan 5, 2020

UPGRADES

Align Tech  (ALGN)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  $625

Ally Financial  (ALLY)
Brokerage Firm:  Barclays |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $48

ArcBest  (ARCB)
Brokerage Firm:  Stephens |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $38 » $60

AT&T  (T)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  $32

Atkore International  (ATKR)
Brokerage Firm:  Credit Suisse |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $5

BOK Financial  (BOKF)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $62 » $80

Capri Holdings  (CPRI)
Brokerage Firm:  Piper Sandler |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $26 » $56

Civista Bancshares  (CIVB)
Brokerage Firm:  DA Davidson |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $19 » $24

CNOOC Ltd  (CEO)
Brokerage Firm:  Bernstein |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  

Energy Recovery  (ERII)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  

Expedia Group  (EXPE)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $153

Gilead Sciences  (GILD)
Brokerage Firm:  Guggenheim |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

Goldman Sachs  (GS)
Brokerage Firm:  Barclays |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $362

H.B. Fuller  (FUL)
Brokerage Firm:  Robert W. Baird |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $55 » $65

Hartford Financial  (HIG)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $55

Henry Schein  (HSIC)
Brokerage Firm:  Robert W. Baird |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $70 » $79

Humana  (HUM)
Brokerage Firm:  RBC Capital Mkts |  Action:  Upgrade |  Ratings Change:  Sector Perform » Outperform |  Price Tgt:  $479

Illinois Tool  (ITW)
Brokerage Firm:  UBS |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $211 » $232

Illinois Tool  (ITW)
Brokerage Firm:  Vertical Research |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Incyte  (INCY)
Brokerage Firm:  Guggenheim |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

Installed Building Products  (IBP)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $106 » $132

Kforce  (KFRC)
Brokerage Firm:  Sidoti |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $53

Mettler-Toledo  (MTD)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  Underperform » In-line |  Price Tgt:  $1150

Molson Coors Brewing  (TAP)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $36 » $57

Morgan Stanley  (MS)
Brokerage Firm:  Barclays |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $88

Newell Brands  (NWL)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $18 » $28

PacWest Bancorp  (PACW)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $20 » $29

Passage BIO  (PASG)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $25 » $35

Ranger Energy Services  (RNGR)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  

Reynolds Consumer Products  (REYN)
Brokerage Firm:  RBC Capital Mkts |  Action:  Upgrade |  Ratings Change:  Sector Perform » Outperform |  Price Tgt:  $34 » $35

Rockwell Automation  (ROK)
Brokerage Firm:  Vertical Research |  Action:  Upgrade |  Ratings Change:  Sell » Hold |  Price Tgt:  

SAGE Therapeutics  (SAGE)
Brokerage Firm:  Guggenheim |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

SVB Financial Group  (SIVB)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Underweight » Equal Weight |  Price Tgt:  $210 » $325

U.S. Silica  (SLCA)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  

Under Armour  (UAA)
Brokerage Firm:  Pivotal Research Group |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $15 » $20

V.F. Corp  (VFC)
Brokerage Firm:  Piper Sandler |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $73 » $106

VistaGen  (VTGN)
Brokerage Firm:  William Blair |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  

Watsco  (WSO)
Brokerage Firm:  Vertical Research |  Action:  Upgrade |  Ratings Change:  Sell » Hold |  Price Tgt:  

Zimmer Biomet  (ZBH)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  $175

DOWNGRADES

American Intl  (AIG)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $42

argenx  (ARGX)
Brokerage Firm:  Guggenheim |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Ball Corp  (BLL)
Brokerage Firm:  Robert W. Baird |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  $105

Boeing  (BA)
Brokerage Firm:  Bernstein |  Action:  Downgrade |  Ratings Change:  Mkt Perform » Underperform |  Price Tgt:  $221 » $199

Chubb  (CB)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $155

Citigroup  (C)
Brokerage Firm:  Barclays |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $72

Coca-Cola  (KO)
Brokerage Firm:  RBC Capital Mkts |  Action:  Downgrade |  Ratings Change:  Outperform » Sector Perform |  Price Tgt:  $55

Colgate-Palmolive   (CL)
Brokerage Firm:  RBC Capital Mkts |  Action:  Downgrade |  Ratings Change:  Outperform » Sector Perform |  Price Tgt:  $90

Eni S.p.A.  (E)
Brokerage Firm:  Bernstein |  Action:  Downgrade |  Ratings Change:  Mkt Perform » Underperform |  Price Tgt:  

Equinor  (EQNR)
Brokerage Firm:  Bernstein |  Action:  Downgrade |  Ratings Change:  Outperform » Mkt Perform |  Price Tgt:  

Estee Lauder  (EL)
Brokerage Firm:  Raymond James |  Action:  Downgrade |  Ratings Change:  Outperform » Mkt Perform |  Price Tgt:  

First Interstate Bancsystem  (FIBK)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $39 » $41

Flowserve  (FLS)
Brokerage Firm:  Credit Suisse |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  $31 » $38

Goodyear Tire  (GT)
Brokerage Firm:  Nomura |  Action:  Downgrade |  Ratings Change:  Neutral » Reduce |  Price Tgt:  $10 » $7

Inspire Medical Systems  (INSP)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Masco  (MAS)
Brokerage Firm:  Jefferies |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $69 » $61

Mesa Laboratories  (MLAB)
Brokerage Firm:  Evercore ISI |  Action:  Downgrade |  Ratings Change:  Outperform » In-line |  Price Tgt:  $300

Mimecast  (MIME)
Brokerage Firm:  BMO Capital Markets |  Action:  Downgrade |  Ratings Change:  Outperform » Market Perform |  Price Tgt:  $45 » $58

Pactiv Evergreen  (PTVE)
Brokerage Firm:  Robert W. Baird |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  $19

PepsiCo  (PEP)
Brokerage Firm:  RBC Capital Mkts |  Action:  Downgrade |  Ratings Change:  Outperform » Sector Perform |  Price Tgt:  $153

Personalis  (PSNL)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $40

Pinnacle Finl  (PNFP)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $48 » $65

Pluralsight  (PS)
Brokerage Firm:  Truist |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  

Progressive  (PGR)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $99

Pulmonx  (LUNG)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

SAGE Therapeutics  (SAGE)
Brokerage Firm:  RBC Capital Mkts |  Action:  Downgrade |  Ratings Change:  Outperform » Sector Perform |  Price Tgt:  $83 » $86

Stanley Black & Decker  (SWK)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Neutral » Underperform |  Price Tgt:  $175

SVB Financial Group  (SIVB)
Brokerage Firm:  Barclays |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $305 » $440

Twist Bioscience  (TWST)
Brokerage Firm:  Evercore ISI |  Action:  Downgrade |  Ratings Change:  Outperform » In-line |  Price Tgt:  

Webster Financial  (WBS)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $35 » $40

Zions Bancorp  (ZION)
Brokerage Firm:  Barclays |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $50

COVERAGE INITIATED

Airbnb  (ABNB)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $158

Airbnb  (ABNB)
Brokerage Firm:  Raymond James |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  

Airbnb  (ABNB)
Brokerage Firm:  JMP Securities |  Action:  Initiated |  Ratings Change:  Mkt Outperform |  Price Tgt:  $180

Airbnb  (ABNB)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $182

Airbnb  (ABNB)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $143

Airbnb  (ABNB)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $170

Airbnb  (ABNB)
Brokerage Firm:  Canaccord Genuity |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $175

Airbnb  (ABNB)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Sector Weight |  Price Tgt:  

Airbnb  (ABNB)
Brokerage Firm:  Needham |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $200

Airbnb  (ABNB)
Brokerage Firm:  Stifel |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $130

Airbnb  (ABNB)
Brokerage Firm:  Credit Suisse |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $156

Airbnb  (ABNB)
Brokerage Firm:  Mizuho |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $150

Airbnb  (ABNB)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Equal-Weight |  Price Tgt:  $140

Airbnb  (ABNB)
Brokerage Firm:  Robert W. Baird |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $175

Airbnb  (ABNB)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $160

Airbnb  (ABNB)
Brokerage Firm:  Loop Capital |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $150

Airbnb  (ABNB)
Brokerage Firm:  DA Davidson |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $172

Airbnb  (ABNB)
Brokerage Firm:  Deutsche Bank |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $130

Airbnb  (ABNB)
Brokerage Firm:  Barclays |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $140

Airbnb  (ABNB)
Brokerage Firm:  Wedbush |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

Airbnb  (ABNB)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Perform |  Price Tgt:  

Booking Holdings  (BKNG)
Brokerage Firm:  Loop Capital |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $2029

C3.ai  (AI)
Brokerage Firm:  JMP Securities |  Action:  Initiated |  Ratings Change:  Mkt Outperform |  Price Tgt:  $167

C3.ai  (AI)
Brokerage Firm:  Wedbush |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $200

C3.ai  (AI)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $170

C3.ai  (AI)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $166

C3.ai  (AI)
Brokerage Firm:  Canaccord Genuity |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $140

C3.ai  (AI)
Brokerage Firm:  Needham |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $193

C3.ai  (AI)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Sector Weight |  Price Tgt:  

C3.ai  (AI)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Underweight |  Price Tgt:  $100

C3.ai  (AI)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Underweight |  Price Tgt:  $84

C3.ai  (AI)
Brokerage Firm:  Deutsche Bank |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $120

Churchill Downs  (CHDN)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $235

DoorDash  (DASH)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $157

DoorDash  (DASH)
Brokerage Firm:  Deutsche Bank |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $185

DoorDash  (DASH)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $135

DoorDash  (DASH)
Brokerage Firm:  William Blair |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  

DoorDash  (DASH)
Brokerage Firm:  Needham |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $200

DoorDash  (DASH)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $160

DoorDash  (DASH)
Brokerage Firm:  Mizuho |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $155

DoorDash  (DASH)
Brokerage Firm:  JMP Securities |  Action:  Initiated |  Ratings Change:  Mkt Outperform |  Price Tgt:  $185

DoorDash  (DASH)
Brokerage Firm:  RBC Capital Mkts |  Action:  Initiated |  Ratings Change:  Sector Perform |  Price Tgt:  $135

DoorDash  (DASH)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $150

DoorDash  (DASH)
Brokerage Firm:  Barclays |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $145

DoorDash  (DASH)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $150

DoorDash  (DASH)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Perform |  Price Tgt:  

Hydrofarm Holdings  (HYFM)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $65

Hydrofarm Holdings  (HYFM)
Brokerage Firm:  Stifel |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $65

Hydrofarm Holdings  (HYFM)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $63

Hydrofarm Holdings  (HYFM)
Brokerage Firm:  Deutsche Bank |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $60

McDonald’s  (MCD)
Brokerage Firm:  Citigroup |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $230

PubMatic  (PUBM)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  

PubMatic  (PUBM)
Brokerage Firm:  Raymond James |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  

PubMatic  (PUBM)
Brokerage Firm:  RBC Capital Mkts |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $34

PubMatic  (PUBM)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $36

PubMatic  (PUBM)
Brokerage Firm:  JMP Securities |  Action:  Initiated |  Ratings Change:  Mkt Outperform |  Price Tgt:  

PubMatic  (PUBM)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $38

Restaurant Brands Int’l  (QSR)
Brokerage Firm:  Citigroup |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $74

Toro  (TTC)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $102

COVERAGE RESUMED

GoDaddy  (GDDY)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $90

Groupon  (GRPN)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Underweight |  Price Tgt:  $18

Grubhub  (GRUB)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Equal Weight |  Price Tgt:  $65

Match Group  (MTCH)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Equal Weight |  Price Tgt:  $129

Peloton  (PTON)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $148

Spotify  (SPOT)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $310

TripAdvisor  (TRIP)
Brokerage Firm:  Barclays |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $25

REITERATED/PRICE TARGET CHANGED

Builders Firstsource  (BLDR)
Brokerage Firm:  The Benchmark Company |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $44 » $53

CyberArk  (CYBR)
Brokerage Firm:  Monness Crespi & Hardt |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $125 » $183

Eton Pharmaceuticals  (ETON)
Brokerage Firm:  H.C. Wainwright |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $20 » $15

Total
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