Upgrades
- Lenovo (LNVGY) upgraded by BofA from Neutral to Buy
- Visteon (VC) upgraded by Goldman Sachs from Sell to Neutral
- Andritz (ADRZY) upgraded by UBS from Neutral to Buy
- Baidu (BIDU) upgraded by Barclays from Equal Weight to Overweight
- Adtran (ADTN) upgraded by Jefferies from Hold to Buy
- Teradyne (TER) upgraded by Goldman Sachs from Neutral to Buy
- AMD (AMD) upgraded by Goldman Sachs from Neutral to Conviction Buy
- Norilsk Nickel (NILSY) upgraded by Societe Generale from Hold to Buy
- Securitas (SCTBF) upgraded by Pareto from Hold to Buy
- HelloFresh (HLFFF) upgraded by DZ Bank from Sell to Hold
- Amazon.com (AMZN) upgraded by China Renaissance from Hold to Buy
- Airbus (EADSY) upgraded by Nord/LB from Sell to Hold
- Spirit AeroSystems (SPR) upgraded by Cowen from Market Perform to Outperform
- Big Yellow Group (BYLOF) upgraded by JPMorgan from Underweight to Overweight
- Shurgard Self Storage (SSSAF) upgraded by JPMorgan from Neutral to Overweight
- Sysco (SYY) upgraded by Consumer Edge from Underweight to Equal Weight
- Atco (ACLLF) upgraded by Veritas from Sell to Buy
Downgrades
- Corbion (CSNVY) downgraded by Berenberg from Buy to Hold
- Dufry (DUFRY) downgraded by Oddo BHF from Buy to Neutral
- Treasury Wine Estates (TSRYY) downgraded by Credit Suisse from Outperform to Neutral
- Westlake Chemical (WLK) downgraded by Scotiabank from Sector Perform to Underperform
- Hill-Rom (HRC) downgraded by Needham from Buy to Hold
- Silicon Motion (SIMO) downgraded by Summit Insights from Buy to Hold
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