Upgrades
- Twilio (TWLO) upgraded by Goldman Sachs from Neutral to Buy
- Pandora (PANDY) upgraded by Jefferies from Hold to Buy
- LVMH (LVMUY) upgraded by Morgan Stanley from Equal Weight to Overweight
- 1st Source (SRCE) upgraded by Piper Sandler from Neutral to Overweight
- State Street (STT) upgraded by Wolfe Research from Underperform to Peer Perform
- Interpublic Group (IPG) upgraded by JPMorgan from Neutral to Overweight
- Take-Two (TTWO) upgraded by UBS from Neutral to Buy
- South State (SSB) upgraded by Citi from Neutral to Buy
- British American Tobacco (BTI) upgraded by UBS from Neutral to Buy
- Apple Hospitality REIT (APLE) upgraded by BofA from Neutral to Buy
- Dana (DAN) upgraded by Wells Fargo from Underweight to Equal Weight
- WM (WM) upgraded by Scotiabank from Sector Perform to Outperform
Downgrades
- Fannie Mae (FNMA) downgraded by Keefe Bruyette from Market Perform to Underperform
- Freddie Mac (FMCC) downgraded by Keefe Bruyette from Market Perform to Underperform
- Hugo Boss (BOSSY) downgraded by Jefferies from Buy to Hold
- Ericsson (ERIC) downgraded by DNB Markets from Buy to Hold
- Norsk Hydro (NHYDY) downgraded by SEB Equities from Hold to Sell
- Ameren (AEE) downgraded by Barclays from Overweight to Equal Weight
- Air Products (APD) downgraded by BofA from Buy to Neutral
- RingCentral (RNG) downgraded by Barclays from Overweight to Equal Weight
- Barrick Gold (GOLD) downgraded by BofA from Buy to Neutral
- D.R. Horton (DHI) downgraded by BofA from Buy to Neutral
- Smith Douglas Homes (SDHC) downgraded by BofA from Neutral to Underperform
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