Upgrades
- Bodycote (BYPLF) upgraded by Goldman Sachs from Sell to Neutral
- Sunrun (RUN) upgraded by Goldman Sachs from Neutral to Buy
- Legacy Housing (LEGH) upgraded by B. Riley Securities from Neutral to Buy
- CSL (CSLLY) upgraded by Credit Suisse from Neutral to Outperform
- Bunzl (BZLFY) upgraded by RBC Capital from Underperform to Sector Perform
- Texas Instruments (TXN) upgraded by Longbow from Neutral to Buy
- Microchip (MCHP) upgraded by Longbow from Neutral to Buy
- Evoqua Water (AQUA) upgraded by Berenberg from Hold to Buy
- BioLife Solutions (BLFS) upgraded by Benchmark from Hold to Buy
- Prudential plc (PUK) upgraded by HSBC from Hold to Buy
- Oxford Square Capital (OXSQ) upgraded by Ladenburg from Neutral to Buy
- Netflix (NFLX) upgraded by Argus from Hold to Buy
- Southwest (LUV) upgraded by Argus from Hold to Buy
- NorthWestern (NWE) upgraded by BofA from Underperform to Neutral
- Freddie Mac (FMCC) upgraded by Odeon Capital from Sell to Hold
- Fannie Mae (FNMA) upgraded by Odeon Capital from Sell to Hold
- Equity Residential (EQR) upgraded by Zelman from Sell to Hold
Downgrades
- Sharp (SHCAY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Kingfisher (KGFHY) downgraded by Goldman Sachs from Buy to Neutral
- SunPower (SPWR) downgraded by Goldman Sachs from Buy to Neutral
- Volvo (VOLVY) downgraded by DNB Markets from Buy to Hold
- KBC Group (KBCSY) downgraded by Societe Generale from Buy to Hold
- Hammerson (HMSNF) downgraded by Peel Hunt from Hold to Sell
- Cineworld Group (CNNWF) downgraded by Peel Hunt from Buy to Hold
- Gol Linhas (GOL) downgraded by Morgan Stanley from Equal Weight to Underweight
- Azul (AZUL) downgraded by Morgan Stanley from Equal Weight to Underweight
- Saipem (SAPMY) downgraded by HSBC from Buy to Hold
- Mission Produce (AVO) downgraded by Citi from Buy to Neutral
- Burlington Stores (BURL) downgraded by Berenberg from Buy to Hold
- Hapag-Lloyd (HPGLY) downgraded by JPMorgan from Neutral to Underweight
- Alexion (ALXN) downgraded by SVB Leerink from Outperform to Market Perform
- GlaxoSmithKline (GSK) downgraded by SVB Leerink from Outperform to Market Perform
- Morphosys AG (MPSYF) downgraded by SVB Leerink from Outperform to Market Perform
- Tencent Music (TME) downgraded by China Renaissance from Buy to Hold
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