Alphabet, Snap: Analyst Upgrades and Downgrades



Stock analysts this week were busy with upgrades, downgrades, price-target changes and initiations of coverage. 

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UBS analyst Thomas Wadewitz upgraded his rating on United Parcel Service  (UPS) – Get Report to buy from neutral as it expected “significant pricing gains” for the shipping company during peak season.

Downgrades

Four solar-energy stocks — SolarEdge,  (SEDG) – Get Report, SunPower,   (SPWR) – Get Report, JinkoSolar  (JKS) – Get Report, and SunRun  (RUN) – Get Report — were downgraded at UBS to sell from neutral. Analyst Jon Windham said this might be a good selling level, given potential volatility surrounding next Tuesday’s election.





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