Upgrades
- KPN (KKPNY) upgraded by Jefferies from Underperform to Hold
- Salesforce (CRM) upgraded by OTR Global from Mixed to Positive
- Fraport (FPRUY) upgraded by JPMorgan from Underweight to Neutral
- Norsk Hydro (NHYDY) upgraded by UBS from Neutral to Buy
- Whitbread (WTBDY) upgraded by BofA from Underperform to Buy
- Royal Mail (ROYMY) upgraded by Credit Suisse from Underperform to Neutral
- Extra Space Storage (EXR) upgraded by KeyBanc from Sector Weight to Overweight
- GlaxoSmithKline (GSK) upgraded by Morgan Stanley from Underweight to Equal Weight
- Teladoc (TDOC) upgraded by Baird from Neutral to Outperform
- Utz Brands (UTZ) upgraded by Piper Sandler from Neutral to Overweight
- Digital Realty (DLR) upgraded by Citi from Neutral to Buy
- Airbus (EADSY) upgraded by JPMorgan from Underweight to Neutral
- Magellan Health (MGLN) upgraded by Stephens from Equal Weight to Overweight
- Cheesecake Factory (CAKE) upgraded by Wedbush from Neutral to Outperform
- Disney (DIS) upgraded by RBC Capital from Sector Perform to Outperform
- Masonite (DOOR) upgraded by Wedbush from Neutral to Outperform
- Trane (TT) upgraded by Argus from Hold to Buy
Downgrades
- B&M European Value Retail (BMRRY) downgraded by Goldman Sachs from Buy to Neutral
- Loblaw (LBLCF) downgraded by BMO Capital from Outperform to Market Perform
- Kodiak Sciences (KOD) downgraded by Goldman Sachs from Buy to Neutral
- Meggitt (MEGGF) downgraded by Exane BNP Paribas from Outperform to Neutral
- Hugo Boss (BOSSY) downgraded by DZ Bank from Hold to Sell
- Salmar (SALRF) downgraded by Danske Bank from Buy to Hold
- InterContinental (IGH) downgraded by BofA from Buy to Neutral
- Vesuvius (CKSNF) downgraded by Stifel from Buy to Hold
- Adidas (ADDYY) downgraded by RBC Capital from Outperform to Sector Perform
- Urovant Sciences (UROV) downgraded by Jefferies from Buy to Hold
- Dow Inc. (DOW) downgraded by Deutsche Bank from Buy to Hold
- Izea (IZEA) downgraded by Ladenburg from Buy to Neutral
- Equity Residential (EQR) downgraded by Argus from Buy to Hold
- Shift (SFT) downgraded by Wedbush from Outperform to Underperform
- LyondellBasell (LYB) downgraded by Deutsche Bank from Buy to Hold
- Welltower (WELL) downgraded by Evercore ISI from Outperform to In Line
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