Upgrades
- Nintendo (NTDOY) upgraded by Macquarie from Neutral to Outperform
- Johnson Controls (JCI) upgraded by Deutsche Bank from Hold to Buy
- Bechtle (BECTY) upgraded by Jefferies from Hold to Buy
- Enel (ENLAY) upgraded by Jefferies from Hold to Buy
- China Mobile (CHL) upgraded by JPMorgan from Neutral to Overweight
- Acerinox (ANIOY) upgraded by Credit Suisse from Neutral to Outperform
- Liberty Global (LBTYA) upgraded by Credit Suisse from Neutral to Outperform
- Rightmove (RTMVY) upgraded by RBC Capital from Underperform to Sector Perform
- Technogym (TCCHF) upgraded by Kepler Cheuvreux from Reduce to Hold
- Pandora (PANDY) upgraded by DNB Markets from Hold to Buy
- British American Tobacco (BTI) upgraded by JPMorgan from Neutral to Overweight
- Stelco Holdings (STZHF) upgraded by JPMorgan from Neutral to Overweight
- Schnitzer Steel (SCHN) upgraded by KeyBanc from Sector Weight to Overweight
- Interroll (IRRHF) upgraded by UBS from Sell to Neutral
- Werner (WERN) upgraded by Wells Fargo from Underweight to Equal Weight
- Transocean (RIG) upgraded by Pareto from Sell to Hold
- Ping Identity (PING) upgraded by Stifel from Hold to Buy
- iRobot (IRBT) upgraded by Northland from Market Perform to Outperform
Downgrades
- Alcoa (AA) downgraded by Morgan Stanley from Overweight to Equal Weight
- Vale (VALE) downgraded by Morgan Stanley from Overweight to Equal Weight
- Southern Copper (SCCO) downgraded by Morgan Stanley from Equal Weight to Underweight
- Drax (DRXGY) downgraded by Jefferies from Buy to Hold
- IAG (ICAGY) downgraded by Deutsche Bank from Buy to Hold
- Wizz Air (WZZZY) downgraded by Deutsche Bank from Buy to Hold
- Leidos (LDOS) downgraded by Wells Fargo from Overweight to Equal Weight
- Traeger (COOK) downgraded by Jefferies from Buy to Hold
- Bilibili (BILI) downgraded by KGI Securities from Outperform to Neutral
- Aperam (APEMY) downgraded by Credit Suisse from Outperform to Neutral
- Atlantia (ATASY) downgraded by UBS from Buy to Neutral
- NetApp (NTAP) downgraded by BofA from Buy to Neutral
- Post Holdings (POST) downgraded by Truist from Buy to Hold
- Anaplan (PLAN) downgraded by Mizuho from Buy to Neutral
- First Quantum Minerals (FQVLF) downgraded by Morgan Stanley from Overweight to Equal Weight
- Paysign (PAYS) downgraded by Ladenburg from Buy to Neutral
- MEG Energy (MEGEF) downgraded by TD Securities from Buy to Hold
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