Top upgrades and downgrades on 7/18: JPM, GRAB, GM, KHC and more
Upgrades
• $Houlihan Lokey(HLI.US$ : Morgan Stanley Upgrades to Equalweight from Underweight - PT $82 (from $95)
• $Rayonier Advanced Materials(RYAM.US$ : RBC Upgrades to Outperform from Sector Perform - PT $5 (from $6)
Downgrades
• $Chipotle Mexican Grill(CMG.US$ : Goldman Sachs Downgrades to Buy from Conviction Buy - PT $1,720 (from $1,995)
• $Fox Corp-A(FOXA.US$ : Morgan Stanley Downgrades to Equalweight from Overweight - PT $38 (from $45)
• $International Paper(IP.US$ : Wells Fargo Downgrades to Equal Weight from Overweight - PT $47 (from $58)
• $Janus Henderson Group(JHG.US$ : JPMorgan Downgrades to Underweight from Neutral - PT $18 (from $27)
• $Paramount Global-B(PARA.US$ : Morgan Stanley Downgrades to Underweight from Equalweight - PT $22 (from $32)
Initiated
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Stirling : $Grab Holdings (GRAB.US)$
JPMorgan Upgrades to Overweight from Neutral - PT $3!
warmhearted Puppy_93 : Sweet, Thank You !!
RDK79 : Goldman recommends Buy, as CHK files for bankruptcy (and able to wipe out $7B debt, must be nice).