Upgrades
- Imperial Brands (IMBBY) upgraded by Goldman Sachs from Neutral to Buy
- Kilroy Realty (KRC) upgraded by Goldman Sachs from Neutral to Buy
- Magellan Midstream (MMP) upgraded by JPMorgan from Neutral to Overweight
- Univar (UNVR) upgraded by Wells Fargo from Equal Weight to Overweight
- CME Group (CME) upgraded by Oppenheimer from Perform to Outperform
- Sabra Health Care (SBRA) upgraded by Mizuho from Neutral to Buy
- Air Products (APD) upgraded by Atlantic Equities from Neutral to Overweight
- Mondi (MONDY) upgraded by Berenberg from Hold to Buy
- Next Fifteen (NXFNF) upgraded by Peel Hunt from Add to Buy
- Marston’s (MARZF) upgraded by Deutsche Bank from Sell to Hold
- Diamondback Energy (FANG) upgraded by Barclays from Equal Weight to Overweight
- Molecular Partners (MOLN) upgraded by Credit Suisse from Underperform to Neutral
- Toray Industries (TRYIY) upgraded by Nomura from Neutral to Buy
Downgrades
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- Challenger Ltd. (CFIGF) downgraded by JPMorgan from Neutral to Underweight
- Essential Properties (EPRT) downgraded by Goldman Sachs from Buy to Neutral
- Siemens Gamesa (GCTAF) downgraded by Deutsche Bank from Buy to Hold
- Lenovo (LNVGY) downgraded by JPMorgan from Overweight to Neutral
- SDX Energy (SDXEF) downgraded by Peel Hunt from Buy to Hold
- Verrica (VRCA) downgraded by RBC Capital from Outperform to Sector Perform
- Sofina (SFNXF) downgraded by Kepler Cheuvreux from Hold to Reduce
- Nordex (NRDXF) downgraded by Oddo BHF from Outperform to Neutral
- 2U (TWOU) downgraded by Piper Sandler from Neutral to Underweight
- Haier Smart Home (HRSHF) downgraded by Bernstein from Market Perform to Underperform
- Devon Energy (DVN) downgraded by Barclays from Overweight to Equal Weight
- Hikma Pharmaceuticals (HKMPF) downgraded by JPMorgan from Overweight to Neutral
- Philips (PHG) downgraded by JPMorgan from Neutral to Underweight
- Best Buy (BBY) downgraded by Barclays from Overweight to Equal Weight
- Wipro (WIT) downgraded by Nomura from Buy to Neutral
- Tabcorp (TACBY) downgraded by CLSA from Buy to Underperform
- Covetrus (CVET) downgraded by William Blair from Outperform to Market Perform
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