Upgrades
- Freshpet (FRPT) upgraded by Goldman Sachs from Neutral to Buy
- Novozymes (NVZMY) upgraded by Deutsche Bank from Hold to Buy
- HF Sinclair (DINO) upgraded by Goldman Sachs from Sell to Neutral
- Northern Trust (NTRS) upgraded by Goldman Sachs from Neutral to Buy
- Host Hotels (HST) upgraded by Jefferies from Hold to Buy
- RH (RH) upgraded by Jefferies from Hold to Buy
- Bachem (BFEHF) upgraded by Credit Suisse from Neutral to Outperform
- Sparebank 1 Helgeland (HGDPF) upgraded by DNB Markets from Hold to Buy
- Masco (MAS) upgraded by JPMorgan from Underweight to Neutral
- Beacon (BECN) upgraded by JPMorgan from Underweight to Neutral
- Capital & Regional (CRPLF) upgraded by Peel Hunt from Hold to Add
- Hammerson (HMSNF) upgraded by Peel Hunt from Sell to Reduce
- HealthEquity (HQY) upgraded by BTIG from Neutral to Buy
- PagSeguro Digital (PAGS) upgraded by Itau BBA from Market Perform to Outperform
Downgrades
- Lloyds Banking (LYG) downgraded by RBC Capital from Outperform to Underperform
- Kala Pharmaceuticals (KALA) downgraded by JPMorgan from Neutral to Underweight
- Santander Mexico (BSMX) downgraded by JPMorgan from Overweight to Neutral
- BNY Mellon (BK) downgraded by Goldman Sachs from Buy to Neutral
- Park Hotels & Resorts (PK) downgraded by Jefferies from Buy to Hold
- Jeld-Wen (JELD) downgraded by JPMorgan from Neutral to Underweight
- Vesuvius (CKSNF) downgraded by Barclays from Equal Weight to Underweight
- Experian (EXPGY) downgraded by Citi from Buy to Neutral
- Kion Group (KIGRY) downgraded by Societe Generale from Buy to Hold
- Procter & Gamble (PG) downgraded by JPMorgan from Overweight to Neutral
- Wayfair (W) downgraded by Loop Capital from Hold to Sell
- SmileDirectClub (SDC) downgraded by Loop Capital from Hold to Sell
- Air Liquide (AIQUY) downgraded by Kepler Cheuvreux from Buy to Hold
- Arkema (ARKAY) downgraded by Kepler Cheuvreux from Buy to Hold
- Cadeler (CADLF) downgraded by Pareto from Buy to Hold
- BBTV Holdings (BBTVF) downgraded by Canaccord from Buy to Hold
- Nielsen (NLSN) downgraded by Jefferies from Buy to Hold
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