Top upgrades and downgrades on 5/27

Upgrades

• $Boot Barn Holdings (BOOT.US)$ : Baird Upgrades to Outperform from Neutral - PT $115

• $Boston Scientific (BSX.US)$ : Needham Upgrades to Buy from Hold - PT $48

• $Graphic Packaging (GPK.US)$ : BMO Capital Upgrades to Outperform from Market Perform - PT $25 (from $20)

• $HCA Healthcare (HCA.US)$ : Bernstein Upgrades to Outperform from Market Perform - PT $271

• $iQIYI (IQ.US)$ : Citigroup Upgrades to Buy from Neutral - PT $5 (from $4.50)

• $Macy's (M.US)$ : Morgan Stanley Upgrades to Equalweight from Underweight - PT $22 (from $20)

• $Owens-Illinois (OI.US)$ : BofA Securities Upgrades to Buy from Neutral - PT $19 (from $15)

• $Roku Inc (ROKU.US)$ : Pivotal Research Upgrades to Hold from Sell - PT $80

• $Ulta Beauty (ULTA.US)$ : Jefferies Upgrades to Buy from Hold - PT $475 (from $400)

Downgrades

• $American Eagle (AEO.US)$ : JPMorgan Downgrades to Neutral from Overweight - PT $15 (from $20)

• $CVS Health (CVS.US)$ : Bernstein Downgrades to Market Perform from Outperform - PT $112

• $Citigroup (C.US)$ : Credit Suisse Downgrades to Neutral from Outperform - PT $58

• $Greif (GEF.US)$ : BMO Capital Downgrades to Underperform from Market Perform - PT $52 (from $71)

• $Gap Inc (GPS.US)$ : JPMorgan Downgrades to Underweight from Neutral - PT $9 (from $11)

• $Lufax (LU.US)$ : CLSA Downgrades to Outperform from Buy - PT $6.80 (from $8)

• $Medtronic (MDT.US)$ : Needham Downgrades to Hold from Buy

• $UnitedHealth (UNH.US)$ : Bernstein Downgrades to Market Perform from Outperform - PT $561

• $Urban Outfitters (URBN.US)$ : Morgan Stanley Downgrades to Equalweight from Overweight - PT $25 (from $34)

• $Vmware (VMW.US)$ : KeyBanc Downgrades VMware to Sector Weight from Overweight

• $Zimmer Biomet Holdings (ZBH.US)$ : Needham Downgrades to Hold from Buy

• $Zepp Health (ZEPP.US)$ : Credit Suisse Downgrades to Neutral from Outperform - PT $2.30 (from $4.16)

Initiated

• $1Life Healthcare (ONEM.US)$ : Stifel initiates at Buy - PT $12

• $Oak Street Health (OSH.US)$ : Stifel initiates at Buy - PT $25

• $Rigetti Computing (RGTI.US)$ : Cowen initiates at Outperform