Upgrades/Downgrades for Wednesday, 3 AUG 22
Symbol Company Analyst Firm Upgrading
AAWW Atlas Air Worldwide Wolfe Research *
AINV Apollo Investment Wells Fargo
CCEP Coca-Cola European Partners UBS *
CF CF Industries Citigroup *
CGNX Cognex Bernstein
CLW Clearwater Paper RBC Capital Mkts
MOS Mosaic Citigroup *
PYPL PayPal SMBC Nikko
SEE Sealed Air RBC Capital Mkts
UBER Uber Raymond James
XYL Xylem Credit Suisse
* = Upgrade to BUY
DOWNGRADES for Wednesday, 3 AUG 22
Symbol Company Analyst Firm Downgrading
CAT Caterpillar Bernstein
CGNX Cognex Stephens
ESPR Esperion Therapeutics Credit Suisse
FCF First Commonwealth Stephens
HRMY Harmony Biosciences Jefferies
HYFM Hydrofarm Holdings JP Morgan
INCY Incyte Guggenheim
INCY Incyte Evercore ISI
KGFHY KingFisher plc Societe Generale *
KN Knowles ROTH Capital
MTCH Match Group Truist
OLPX Olaplex Barclays
OTTR Otter Tail Power Siebert Williams Shank *
SMTC Semtech Needham
SWIR Sierra Wireless Canaccord Genuity
XPEV XPeng Macquarie
* = DOWNGRADE to SELL
COVERAGE INITIATED 
for Wednesday, 3 AUG 22
Symbol Company Analyst Firm Downgrading Initial Recommendation
EGLE Eagle Bulk Shipping Alliance Global Partners BUY *
GNK Genco Shipping & Trading Alliance Global Partners BUY *
GRIN Grindrod Shipping Alliance Global Partners BUY *
IBRX ImmunityBio Jefferies BUY *
KYMR Kymera Therapeutics Goldman BUY *
MODV ModivCare Stephens Overweight
NOTE FiscalNote Holdings DA Davidson BUY *
PANL Pangea Logistics Solutions Alliance Global Partners BUY *
RGA Reinsurance Group of America Barclays Equal Weight
VALN Valneva SE H.C. Wainwright BUY *
WRB W.R. Berkley Argus BUY *
Note: I will add charts later. Need to grab another coffee and then fill up the Yeti with ice water for a 3-hour workout with the singing machete and my Sawzall.
- Rock
Lord of Sawzall, Pruner of Dead Limbs