Upgrades
- Metcash (MHTLY) upgraded by JPMorgan from Neutral to Overweight
- China Southern Airlines (ZNH) upgraded by UBS from Neutral to Buy
- WPX Energy (WPX) upgraded by Goldman Sachs from Neutral to Buy
- WM Morrison (MRWSY) upgraded by Berenberg from Hold to Buy
- Randstad (RANJY) upgraded by UBS from Neutral to Buy
- Golden Ocean (GOGL) upgraded by Pareto from Hold to Buy
- Schneider Electric (SBGSY) upgraded by Oddo BHF from Neutral to Buy
- Royal Mail (ROYMY) upgraded by Citi from Sell to Buy
- Fanuc (FANUY) upgraded by JPMorgan from Underweight to Neutral
- Inspire Medical (INSP) upgraded by BofA from Neutral to Buy
- Imax (IMAX) upgraded by Benchmark from Hold to Buy
- Highwoods Properties (HIW) upgraded by Mizuho from Neutral to Buy
- Simpson Manufacturing (SSD) upgraded by DA Davidson from Neutral to Buy
- AGNC Investment (AGNC) upgraded by BofA from Neutral to Buy
- Capstead Mortgage (CMO) upgraded by BofA from Neutral to Buy
- Trip.com Group (TCOM) upgraded by New Street from Neutral to Buy
- Ross Stores (ROST) upgraded by DA Davidson from Neutral to Buy
Downgrades
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- Natura (NTCO) downgraded by Goldman Sachs from Neutral to Sell
- J Sainsbury (JSAIY) downgraded by Berenberg from Buy to Sell
- Intuitive Surgical (ISRG) downgraded by Piper Sandler from Overweight to Neutral
- Square (SQ) downgraded by Compass Point from Neutral to Sell
- Mapletree Industrial Trust (MAPIF) downgraded by Jefferies from Buy to Hold
- G4S (GFSZY) downgraded by UBS from Buy to Neutral
- Bunzl (BZLFY) downgraded by UBS from Neutral to Sell
- Johnson & Johnson (JNJ) downgraded by UBS from Buy to Neutral
- Air France-KLM (AFLYY) downgraded by Redburn from Buy to Neutral
- PayPal (PYPL) downgraded by DZ Bank from Buy to Hold
- Unilever (UN) downgraded by DZ Bank from Buy to Hold
- Rolls-Royce (RYCEY) downgraded by Oddo BHF from Neutral to Reduce
- Schindler Holding (SHLRF) downgraded by Oddo BHF from Buy to Neutral
- Dufry (DUFRY) downgraded by Kepler Cheuvreux from Buy to Reduce
- Husqvarna (HUSQF) downgraded by Berenberg from Buy to Hold
- CNX Resources (CNX) downgraded by MKM Partners from Buy to Neutral
- BioNTech (BNTX) downgraded by BofA from Buy to Neutral
- Roku (ROKU) downgraded by Guggenheim from Buy to Neutral
- ViewRay (VRAY) downgraded by Guggenheim from Buy to Neutral
- Regeneron (REGN) downgraded by Citi from Buy to Neutral
- BioNTech (BNTX) downgraded by BofA from Buy to Neutral
- PennyMac Mortgage (PMT) downgraded by BofA from Buy to Neutral
- Ambu (AMBBY) downgraded by Danske Bank from Buy to Sell
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