Credit Suisse
Upgrade grade
B
Downgrade grade
B
Credit Suisse, founded in 1856 as a regional Swiss bank, evolved into a global investment banking powerhouse throughout the twentieth century, becoming one of the "Big Six" Swiss financial institutions before its dramatic collapse and acquisition by UBS in 2023. At its peak, Credit Suisse maintained extensive equity research operations covering thousands of companies worldwide, with approximately 10,747 analyst ratings in our database for US equities alone, reflecting the scale of its research infrastructure across multiple sectors and geographies. The firm earned particular recognition for its deep expertise in financials, healthcare, technology, and consumer sectors, with research teams that consistently ranked among the top-tier providers of institutional equity analysis. Credit Suisse built a distinctive reputation for sophisticated quantitative research and thematic analysis that often challenged consensus views, though its final years were marked by internal instability and regulatory challenges that ultimately contributed to one of the most significant banking failures in recent history.
Upgrades
883
75.76% win rate
· avg +2.04% D1
Downgrades
938
74.09% win rate
· avg -2.81% D1
Avg Gap — Upgrades
+1.73%
open vs prev close
Avg Gap — Downgrades
-2.47%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Energy | 69.77% (129) | +1.49% | 68.75% (128) | -1.93% |
| Financial Services | 78.91% (128) | +1.69% | 72.66% (128) | -2.32% |
| Consumer Cyclical | 77.97% (118) | +2.54% | 79.85% (134) | -3.72% |
| Industrials | 74.44% (90) | +1.85% | 74.51% (102) | -2.26% |
| Technology | 79.01% (81) | +3.27% | 68.18% (88) | -3.72% |
| Healthcare | 78.21% (78) | +3.21% | 82.05% (78) | -5.88% |
| Basic Materials | 79.45% (73) | +2.32% | 73.13% (67) | -2.31% |
| Consumer Defensive | 87.27% (55) | +2.09% | 82.54% (63) | -3.21% |
| Utilities | 74.55% (55) | +0.95% | 73.08% (52) | -0.97% |
| Communication Services | 69.23% (39) | +1.31% | 70.21% (47) | -2.16% |
| Real Estate | 51.72% (29) | +0.70% | 75.61% (41) | -1.65% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2023 | 77.1% | 35 | 78.0% | 41 |
| 2022 | 66.1% | 56 | 75.6% | 86 |
| 2021 | 72.4% | 98 | 78.1% | 64 |
| 2020 | 70.9% | 110 | 57.1% | 112 |
| 2019 | 87.1% | 62 | 71.2% | 66 |
| 2018 | 72.6% | 73 | 79.1% | 67 |
| 2017 | 78.0% | 82 | 82.5% | 80 |
| 2016 | 82.3% | 79 | 76.0% | 104 |
| 2015 | 60.9% | 87 | 74.7% | 95 |
| 2014 | 81.2% | 85 | 72.3% | 65 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Sep 15, 2023 | AAPL | Apple Inc. | Technology | Maintains | Outperform → Outperform | — | +0.4% | -0.4% |
| Sep 13, 2023 | OI | O-I Glass, Inc. | Consumer Cyclical | Downgrade | Outperform → Neutral | — | -1.4% | -2.9% |
| Sep 13, 2023 | BALL | Ball Corporation | Consumer Cyclical | Downgrade | Outperform → Neutral | — | -1.2% | -1.9% |
| Sep 8, 2023 | FRSH | Freshworks Inc. | Technology | Maintains | Neutral → Neutral | — | +1.3% | -5.3% |
| Sep 8, 2023 | CWAN | Clearwater Analytics Holdings, Inc. | Technology | Maintains | Outperform → Outperform | — | +1.0% | -2.1% |
| Sep 8, 2023 | GPN | Global Payments Inc. | Industrials | Maintains | Neutral → Neutral | — | -0.0% | -0.6% |
| Sep 1, 2023 | AMC | AMC Entertainment Holdings, Inc. | Communication Services | Maintains | Underperform → Underperform | — | +1.0% | +4.4% |
| Aug 31, 2023 | PSTG | Everpure, Inc | Technology | Maintains | Outperform → Outperform | — | +1.8% | +0.3% |
| Aug 31, 2023 | BN | Brookfield Corporation | Financial Services | Maintains | Outperform → Outperform | — | +0.3% | +0.0% |
| Aug 30, 2023 | BIP | Brookfield Infrastructure Partners L.P. | Utilities | Maintains | Outperform → Outperform | — | -1.3% | -1.4% |
| Aug 30, 2023 | P | Everpure, Inc. | Technology | Maintains | Outperform → Outperform | — | -0.2% | +0.4% |
| Aug 30, 2023 | HPE | Hewlett Packard Enterprise Company | Technology | Maintains | Outperform → Outperform | — | -2.7% | +3.1% |
| Aug 25, 2023 | INTU | Intuit Inc. | Technology | Maintains | Outperform → Outperform | — | -0.9% | +4.1% |
| Aug 25, 2023 | TD | The Toronto-Dominion Bank | Financial Services | Maintains | Outperform → Outperform | — | -0.1% | -0.6% |
| Aug 25, 2023 | RY | Royal Bank of Canada | Financial Services | Maintains | Outperform → Outperform | — | +0.0% | -1.5% |
| Aug 24, 2023 | MERC | Mercer International Inc. | Basic Materials | Maintains | Neutral → Neutral | — | -1.5% | -2.2% |
| Aug 24, 2023 | RYN | Rayonier Inc. | Real Estate | Maintains | Outperform → Outperform | — | -0.2% | -2.4% |
| Aug 24, 2023 | FTS | Fortis Inc. | Utilities | Maintains | Neutral → Neutral | — | -0.3% | -0.6% |
| Aug 23, 2023 | TOL | Toll Brothers, Inc. | Consumer Cyclical | Maintains | Outperform → Outperform | — | +2.4% | +3.9% |
| Aug 21, 2023 | HBM | Hudbay Minerals Inc. | Basic Materials | Maintains | Outperform → Outperform | — | +0.6% | +1.7% |
| Aug 21, 2023 | DE | Deere & Company | Industrials | Maintains | Outperform → Outperform | — | -0.3% | -1.6% |
| Aug 21, 2023 | DIS | The Walt Disney Company | Communication Services | Maintains | Outperform → Outperform | — | -0.2% | -0.1% |
| Aug 17, 2023 | BJ | BJ's Wholesale Club Holdings, Inc. | Consumer Defensive | Maintains | Neutral → Neutral | — | +0.5% | -0.9% |
| Aug 16, 2023 | PSFE | Paysafe Limited | Technology | Maintains | Underperform → Underperform | — | -0.7% | -7.0% |
| Aug 16, 2023 | WERN | Werner Enterprises, Inc. | Industrials | Maintains | Neutral → Neutral | — | +0.0% | -2.0% |