Upgrades/Downgrades for Monday, 25 JUL 22
Symbol Company Analyst Firm Upgrading
AN AutoNation Seaport Research Partners *
ANNSF AENA RBC Capital Mkts
ATVI Activision Blizzard MoffettNathanson *
CIGI Colliers Wolfe Research *
CION CION Investment Wells Fargo
FEEXF Ferrexpo plc Credit Suisse
OEZVY Verbund AG Barclays
SIVB SVB Financial Group Evercore ISI
SWN Southwestern Energy Scotiabank *
TRV Travelers Raymond James *
SNAP Snap Wolfe Research *
VRNS Varonis Systems Wolfe Research *
WWE World Wrestling Loop Capital *
* = Upgrade to BUY
DOWNGRADES for Friday, 22 JUL 22
Symbol Company Analyst Firm Downgrading
ALLY Ally Financial Piper Sandler
BCSF Bain Capital Specialty Finance Wells Fargo
BLND Blend Labs Keefe Bruyette
BX Blackstone Keefe Bruyette
CAMT Camtek Barclays
CBD Co. Brasileira JP Morgan
ECIFY Electricite de France Barclays
HNGR Hanger Jefferies
HUN Huntsman UBS
IDXX IDEXX Labs Stifel
LPRO Open Lending Morgan Stanley
LRCX Lam Research Barclays
LTCH Latch Keefe Bruyette
ORCC Owl Rock Capital Wells Fargo
OUST Ouster Barclays
PAHC Phibro Animal Health Barclays
PAYC Paycom Software DA Davidson
PEGA Pegasystems Macquarie
PHG Philips Societe Generale
PRCH Porch Group Keefe Bruyette
RBCAA Republic Bancorp Piper Sandler
REGN Regeneron Pharma SVB Leerink
SLRC SLR Capital Partners Wells Fargo
SNAP Snap Morgan Stanley
SNAP Snap Argus
TRIN Trinity Capital Wells Fargo
TWLO Twilio Macquarie
TWOU 2U Macquarie
UAL United Airlines Susquehanna
WEBR Weber BofA Securities
WLK Westlake Corporation Piper Sandler
NO DOWNGRADES to SELL on 25 JUL 22
COVERAGE INITIATED 
for Monday, 25 JUL 22
Symbol Company Analyst Firm Downgrading Initial Recommendation
BXC BlueLinx Seaport Research Partners BUY *
GNTA Genenta S.p.A. H.C. Wainwright BUY *
GROY Gold Royalty Raymond James Mkt Perform
IART Integra Morgan Stanley Equal-Weight
IDCC InterDigital BofA Securities Underperform
IE Ivanhoe Electric Jefferies BUY *
IE Ivanhoe Electric BMO Capital Markets Outperform
SYM Symbotic Goldman Neutral
TXG 10x Genomics Canaccord Genuity BUY *