Analyst Upgrades / Downgrades As Of Tuesday, November 22, 2020

UPGRADES

AerCap  (AER)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $36 » $47

ArcBest  (ARCB)
Brokerage Firm:  Citigroup |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $35 » $47

Barrick  (GOLD)
Brokerage Firm:  Stifel |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Chubb  (CB)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Outperform » Strong Buy |  Price Tgt:  $150 » $180

Continental AG  (CTTAY)
Brokerage Firm:  Citigroup |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

Domtar  (UFS)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Underperform » Neutral |  Price Tgt:  

General Electric  (GE)
Brokerage Firm:  Oppenheimer |  Action:  Upgrade |  Ratings Change:  Perform » Outperform |  Price Tgt:  $12

H&M  (HNNMY)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Sell » Buy |  Price Tgt:  

Howmet Aerospace  (HWM)
Brokerage Firm:  Argus |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $30

Meggitt PLC  (MEGGF)
Brokerage Firm:  Barclays |  Action:  Upgrade |  Ratings Change:  Underweight » Overweight |  Price Tgt:  

Nutanix  (NTNX)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Sell » Neutral |  Price Tgt:  $18 » $32O-

I Glass  (OI)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  

O’Reilly Auto  (ORLY)
Brokerage Firm:  Oppenheimer |  Action:  Upgrade |  Ratings Change:  Perform » Outperform |  Price Tgt:  $550

Sampo OYJ  (SAXPY)
Brokerage Firm:  Berenberg |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Target  (TGT)
Brokerage Firm:  Argus |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $205

Tenaris  (TS)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $14.40 » $18.50

Ternium S.A.  (TX)
Brokerage Firm:  UBS |  Action:  Upgrade |  Ratings Change:  Sell » Neutral |  Price Tgt:  $12 » $28

Wells Fargo  (WFC)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Underperform » Outperform |  Price Tgt:  $32

Yandex N.V.  (YNDX)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $80

DOWNGRADES

Amcor  (AMCR)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Neutral » Underperform |  Price Tgt:  

Baozun  (BZUN)
Brokerage Firm:  Credit Suisse |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  

Ecopetrol  (EC)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  

Frontline  (FRO)
Brokerage Firm:  Danske Bank |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  

Fulgent Genetics  (FLGT)
Brokerage Firm:  BTIG Research |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Knight-Swift  (KNX)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $50 » $46

Lloyds Banking  (LYG)
Brokerage Firm:  HSBC Securities |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  

PACCAR  (PCAR)
Brokerage Firm:  Deutsche Bank |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $108 » $96

Schneider National  (SNDR)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $30 » $22

Silgan Holdings  (SLGN)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Neutral » Underperform |  Price Tgt:  

Solar Capital  (SLRC)
Brokerage Firm:  Compass Point |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $17.75

Swedbank AB  (SWDBY)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Neutral » Sell |  Price Tgt:  

Two Harbors Investment  (TWO)
Brokerage Firm:  Raymond James |  Action:  Downgrade |  Ratings Change:  Outperform » Mkt Perform |  Price Tgt:  

Ulta Beauty  (ULTA)
Brokerage Firm:  Jefferies |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $300

ViacomCBS  (VIAC)
Brokerage Firm:  Deutsche Bank |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $33 » $32

Werner Enterprises  (WERN)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $52 » $45

COVERAGE INITIATED

2U  (TWOU)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Equal-Weight |  Price Tgt:  $39

AG Mortgage Investment Trust  (MITT)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Sell |  Price Tgt:  

Allogene  (ALLO)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $41

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

Annaly Capital Mgmt  (NLY)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Arcus Biosciences  (RCUS)
Brokerage Firm:  Berenberg |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $50

Atea Pharmaceuticals  (AVIR)
Brokerage Firm:  William Blair |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $60

Atea Pharmaceuticals  (AVIR)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $49

Atea Pharmaceuticals  (AVIR)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $45

Black Diamond Therapeutics  (BDTX)
Brokerage Firm:  Berenberg |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $58

Camtek  (CAMT)
Brokerage Firm:  Stifel |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $19

Check Point Software  (CHKP)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Sector Weight |  Price Tgt:  

Cue Biopharma  (CUE)
Brokerage Firm:  Berenberg |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $30

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

Diodes  (DIOD)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $84

DraftKings  (DKNG)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $52

Duke Energy  (DUK)
Brokerage Firm:  BMO Capital Markets |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $99

Dynex Capital  (DX)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Ellington Financial  (EFC)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Enanta Pharmaceuticals  (ENTA)
Brokerage Firm:  Evercore ISI |  Action:  Initiated |  Ratings Change:  Underperform |  Price Tgt:  $30

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

HubSpot  (HUBS)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $445

Innate Pharma  (IPHA)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $4.75

Lufax  (LU)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $18

Lufax  (LU)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Sector Weight |  Price Tgt:  $15

Lufax  (LU)
Brokerage Firm:  Stifel |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $16

Lufax  (LU)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $20

MFA Financial  (MFA)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Microsoft  (MSFT)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $250

New Relic  (NEWR)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Sector Weight |  Price Tgt:  

New Residential Investment  (NRZ)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

New York Mortgage Trust  (NYMT)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

Oracle  (ORCL)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $65

Palo Alto Networks  (PANW)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $350

PennyMac Mortgage  (PMT)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

Redwood Trust  (RWT)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Salesforce  (CRM)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $310

ServiceNow  (NOW)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $620

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

Southern  (SO)
Brokerage Firm:  BMO Capital Markets |  Action:  Initiated |  Ratings Change:  Market Perform |  Price Tgt:  $67

Splunk  (SPLK)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $239

SQZ Biotechnologies  (SQZ)
Brokerage Firm:  Stifel |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $38

SQZ Biotechnologies  (SQZ)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $37

SQZ Biotechnologies  (SQZ)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $40

Two Harbors Investment  (TWO)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

uniQure  (QURE)
Brokerage Firm:  H.C. Wainwright |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $80

Workday  (WDAY)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $251

COVERAGE RESUMED

Canada Goose  (GOOS)
Brokerage Firm:  TD Securities |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  

Madrigal Pharmaceuticals  (MDGL)
Brokerage Firm:  Evercore ISI |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $180

Ultragenyx Pharma  (RARE)
Brokerage Firm:  Evercore ISI |  Action:  Resumed |  Ratings Change:  In-line |  Price Tgt:  $110

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