Upgrades
- YTO Express (YTOEF) upgraded by Goldman Sachs from Neutral to Buy
- Lonza (LZAGY) upgraded by UBS from Neutral to Buy
- Nemak (NMAKF) upgraded by JPMorgan from Underweight to Neutral
- Ford (F) upgraded by Credit Suisse from Neutral to Outperform
- Salmones Camanchaca (SLMCF) upgraded by Kepler Cheuvreux from Hold to Buy
- Bakkafrost (BKFKF) upgraded by Kepler Cheuvreux from Hold to Buy
- Norway Royal Salmon (NRYYF) upgraded by DNB Markets from Hold to Buy
- New Work (XINXF) upgraded by Pareto from Hold to Buy
- Moneysupermarket.com (MYSRF) upgraded by Berenberg from Hold to Buy
- W&T Offshore (WTI) upgraded by Stifel from Hold to Buy
- Clearwater Paper (CLW) upgraded by RBC Capital from Sector Perform to Outperform
- Idex Corp. (IEX) upgraded by Citi from Neutral to Buy
- Thermo Fisher (TMO) upgraded by Citi from Neutral to Buy
Downgrades
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- ZTO Express (ZTO) downgraded by Goldman Sachs from Buy to Neutral
- Micron (MU) downgraded by Mizuho from Buy to Neutral
- Western Digital (WDC) downgraded by Mizuho from Buy to Neutral
- Atea Pharmaceuticals (AVIR) downgraded by JPMorgan from Overweight to Neutral
- Synchrony (SYF) downgraded by JPMorgan from Overweight to Neutral
- Maersk Drilling (DDRLF) downgraded by Pareto from Buy to Hold
- SolarEdge (SEDG) downgraded by Guggenheim from Buy to Neutral
- First Solar (FSLR) downgraded by Guggenheim from Buy to Neutral
- Array Technologies (ARRY) downgraded by Guggenheim from Buy to Neutral
- Vale (VALE) downgraded by Jefferies from Buy to Hold
- Rio Tinto (RIO) downgraded by Jefferies from Buy to Hold
- BHP Group (BBL) downgraded by Jefferies from Buy to Hold
- Apollo Global (APO) downgraded by Oppenheimer from Outperform to Perform
- Ascendis Pharma (ASND) downgraded by BofA from Buy to Neutral
- Galera Therapeutics (GRTX) downgraded by H.C. Wainwright from Buy to Neutral
- Netflix (NFLX) downgraded by Deutsche Bank from Buy to Hold
- Western Union (WU) downgraded by BTIG from Buy to Neutral
- Compass Minerals (CMP) downgraded by BMO Capital from Market Perform to Underperform
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