Upgrades /Downgrades

Here are some upgrades and downgrades this morning.

Upgrades:

Freddie Mac (FRE)– outperform
Nationwide (NFS)– buy
Netflix (NFLX)– buy
Pantry (PNTY)– buy
Kendle (KNDL)– buy

Downgrades:

Pheonix Group (PNX)– hold
Watsco (WSO) – hold