Top upgrades and downgrades on 5/4
Upgrades
• $Companhia Brasileira De Distribuicao(CBD.US$ : BofA Securities Upgrades to Buy from Underperform - PT $5.25
Downgrades
• $Carvana(CVNA.US$ : Morgan Stanley Downgrades to Equalweight from Overweight - PT $105 (from $360)
• $Spero Therapeutics(SPRO.US$ : Evercore ISI Downgrades to In Line from Outperform - PT $2 (from $40)
• $Teva Pharmaceutical Industries(TEVA.US$ : Piper Sandler Downgrades to Underweight from Neutral - PT $7 (from $11)
• $Vornado Realty Trust(VNO.US$ : Piper Sandler Downgrades to Underweight from Neutral - PT $35 (from $44)
Initiated
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