Upgrades
- EPR Properties (EPR) upgraded by Stifel from Hold to Buy
- Hiscox (HCXLF) upgraded by Barclays from Equal Weight to Overweight
- TUI (TUIFF) upgraded by Barclays from Underweight to Overweight
- Demant (WILYY) upgraded by Barclays from Underweight to Equal Weight
- Mondelez (MDLZ) upgraded by Wells Fargo from Equal Weight to Overweight
- CubeSmart (CUBE) upgraded by BMO Capital from Market Perform to Outperform
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Downgrades
- Kenmare Resources (KMRPF) downgraded by Berenberg from Buy to Hold
- Sonova (SONVY) downgraded by Barclays from Equal Weight to Underweight
- Wacker Chemie (WKCMF) downgraded by Deutsche Bank from Buy to Hold
- Deliveroo (DROOF) downgraded by BNP Paribas Exane from Outperform to Neutral
- Jack in the Box (JACK) downgraded by Stifel from Buy to Hold
- Sarepta (SRPT) downgraded by William Blair from Outperform to Market Perform
- AddLife (ADDLF) downgraded by DNB Carnegie from Buy to Hold
- Yara (YARIY) downgraded by Danske Bank from Buy to Hold
- United Utilities (UUGRY) downgraded by RBC Capital from Outperform to Sector Perform
- Prosegur Cash (PGUUF) downgraded by Grupo Santander from Outperform to Neutral
- Dow Inc. (DOW) downgraded by Fermium Research from Buy to Hold
- Public Storage (PSA) downgraded by BMO Capital from Outperform to Market Perform
- Johnson Controls (JCI) downgraded by Oppenheimer from Outperform to Perform
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