Analyst Upgrades / Downgrades As Of Wednesday, Jan 20, 2020

UPGRADES

Banco Santander  (SAN)
Brokerage Firm:  HSBC Securities |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

Boeing  (BA)
Brokerage Firm:  Berenberg |  Action:  Upgrade |  Ratings Change:  Sell » Hold |  Price Tgt:  $150 » $215

Domtar  (UFS)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $36 » $40

Equity Residential  (EQR)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  

Essex Property  (ESS)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  

Halliburton  (HAL)
Brokerage Firm:  Stephens |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $14 » $25

Lumentum  (LITE)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $90 » $117

Netflix  (NFLX)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $510 » $700

Netflix  (NFLX)
Brokerage Firm:  UBS |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $540 » $650

NuStar Energy  (NS)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Underweight » Neutral |  Price Tgt:  $14 » $17

Polaris Industries  (PII)
Brokerage Firm:  BMO Capital Markets |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  $100 » $136

DOWNGRADES

Albertsons  (ACI)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $13

American Homes 4 Rent  (AMH)
Brokerage Firm:  Evercore ISI |  Action:  Downgrade |  Ratings Change:  Outperform » In-line |  Price Tgt:  

Beyond Meat  (BYND)
Brokerage Firm:  BTIG Research |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Bloom Energy  (BE)
Brokerage Firm:  Credit Suisse |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  $27 » $32

e.l.f. Beauty  (ELF)
Brokerage Firm:  Piper Sandler |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $24

GlaxoSmithKline  (GSK)
Brokerage Firm:  Credit Suisse |  Action:  Downgrade |  Ratings Change:  Neutral » Underperform |  Price Tgt:  

Global Blood Therapeutics  (GBT)
Brokerage Firm:  Piper Sandler |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $75 » $50

Gritstone Oncology  (GRTS)
Brokerage Firm:  Robert W. Baird |  Action:  Downgrade |  Ratings Change:  Outperform » Underperform |  Price Tgt:  $8

Intercorp Financial  (IFS)
Brokerage Firm:  Scotiabank |  Action:  Downgrade |  Ratings Change:  Sector Outperform » Sector Perform |  Price Tgt:  $36

Invitation Homes  (INVH)
Brokerage Firm:  Evercore ISI |  Action:  Downgrade |  Ratings Change:  Outperform » In-line |  Price Tgt:  

Kroger  (KR)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $28

Michaels Stores  (MIK)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $13

Novo Nordisk A/S  (NVO)
Brokerage Firm:  Credit Suisse |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  

ShockWave Medical  (SWAV)
Brokerage Firm:  Piper Sandler |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $96 » $132

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

Xenia Hotels  (XHR)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $13

COVERAGE INITIATED

Alteryx  (AYX)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $150

Altria  (MO)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $53

B&G Foods  (BGS)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Equal-Weight |  Price Tgt:  $27

BellRing Brands  (BRBR)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $30

Chart Industries  (GTLS)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $160

Checkpoint Therapeutics  (CKPT)
Brokerage Firm:  Cantor Fitzgerald |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $16

Clorox  (CLX)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  $206

Coca-Cola  (KO)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $58

Colgate-Palmolive   (CL)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Underperform |  Price Tgt:  $77

Dynatrace  (DT)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $50

Elastic  (ESTC)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $175

Estee Lauder  (EL)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $311

Flowers Foods  (FLO)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Equal-Weight |  Price Tgt:  $25

Freshpet  (FRPT)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $180

Hostess Brands  (TWNK)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $18

Keurig Dr Pepper  (KDP)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $40

Kimberly-Clark  (KMB)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  $142

Monster Beverage  (MNST)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  $100

Palantir Technologies  (PLTR)
Brokerage Firm:  William Blair |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  

Penn Natl Gaming  (PENN)
Brokerage Firm:  Credit Suisse |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $128

PepsiCo  (PEP)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Underperform |  Price Tgt:  $136

Philip Morris International  (PM)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  $92

Polaris Industries  (PII)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $140

Procter & Gamble  (PG)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  $149

Repay Holdings  (RPAY)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $26

Simply Good Foods  (SMPL)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Equal-Weight |  Price Tgt:  $29

Snowflake  (SNOW)
Brokerage Firm:  Rosenblatt |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $285

Utz Brands  (UTZ)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $27

Zentalis Pharma  (ZNTL)
Brokerage Firm:  Wedbush |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $65

Zscaler  (ZS)
Brokerage Firm:  JMP Securities |  Action:  Initiated |  Ratings Change:  Mkt Outperform |  Price Tgt:  $255

COVERAGE RESUMED

Equity Lifestyle Properties  (ELS)
Brokerage Firm:  Robert W. Baird |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $67

Pioneer Natural Resources  (PXD)
Brokerage Firm:  Goldman |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $166

REITERATED/PRICE TARGET CHANGED

Cytokinetics  (CYTK)
Brokerage Firm:  H.C. Wainwright |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $22 » $41

J.B. Hunt Transport  (JBHT)
Brokerage Firm:  Cowen |  Action:  Reiterated |  Ratings Change:  Market Perform |  Price Tgt:  $131 » $145

Netflix  (NFLX)
Brokerage Firm:  Pivotal Research Group |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $660 » $750

Vir Biotechnology  (VIR)
Brokerage Firm:  H.C. Wainwright |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $100 » $125

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