Upgrades
- Argenx (ARGX) upgraded by Guggenheim from Neutral to Buy
- Suncor (SU) upgraded by JPMorgan from Neutral to Overweight
- Alteryx (AYX) upgraded by JPMorgan from Underweight to Neutral
- Scor (SCRYY) upgraded by Societe Generale from Hold to Buy
- Caterpillar (CAT) upgraded by UBS from Neutral to Buy
- Ubisoft (UBSFY) upgraded by Oddo BHF from Neutral to Outperform
- United Utilities (UUGRY) upgraded by HSBC from Reduce to Hold
- EQT Corporation (EQT) upgraded by JPMorgan from Neutral to Overweight
- Visteon (VC) upgraded by Barclays from Equal Weight to Overweight
- Aroundtown (AANNF) upgraded by UBS from Sell to Neutral
- Synchrony (SYF) upgraded by Citi from Neutral to Buy
- Driven Brands (DRVN) upgraded by Morgan Stanley from Equal Weight to Overweight
- Hochschild Mining (HCHDF) upgraded by UBS from Neutral to Buy
- Silicon Motion (SIMO) upgraded by Susquehanna from Neutral to Positive
- Royalty Pharma (RPRX) upgraded by Citi from Neutral to Buy
- Xcel Energy (XEL) upgraded by BofA from Neutral to Buy
- Horizon Bancorp (HBNC) upgraded by Raymond James from Outperform to Strong Buy
Downgrades
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- Trican Well (TOLWF) downgraded by Raymond James from Strong Buy to Outperform
- Frontdoor (FTDR) downgraded by JPMorgan from Overweight to Neutral
- Zendesk (ZEN) downgraded by Jefferies from Buy to Hold
- Plains GP Holdings (PAGP) downgraded by Seaport Global from Buy to Neutral
- Telenet (TLGHY) downgraded by HSBC from Buy to Hold
- Novo Nordisk (NVO) downgraded by DNB Markets from Buy to Hold
- Electrolux (ELUXY) downgraded by Pareto from Buy to Hold
- SolarWinds (SWI) downgraded by RBC Capital from Outperform to Sector Perform
- Starbucks (SBUX) downgraded by Stifel from Buy to Hold
- Altria Group (MO) downgraded by Morgan Stanley from Overweight to Equal Weight
- Annaly Capital (NLY) downgraded by Barclays from Overweight to Equal Weight
- Werner (WERN) downgraded by BofA from Buy to Neutral
- Hershey (HSY) downgraded by Citi from Buy to Neutral
- Northrop Grumman (NOC) downgraded by Vertical Research from Buy to Hold
- easyJet (ESYJY) downgraded by Citi from Neutral to Sell
- Monolithic Power (MPWR) downgraded by Needham from Buy to Hold
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