Upgrades
- Lufthansa (DLAKY) upgraded by Bernstein from Underperform to Market Perform
- Palo Alto Networks (PANW) upgraded by JPMorgan from Neutral to Overweight
- Palo Alto Networks (PANW) upgraded by First Analysis from Equal-Weight to Overweight
- Gerdau (GGB) upgraded by JPMorgan from Neutral to Overweight
- Owens & Minor (OMI) upgraded by Baird from Underperform to Neutral
- Gap (GPS) upgraded by Citi from Sell to Neutral
- Acerinox (ANIOY) upgraded by Jefferies from Hold to Buy
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Downgrades
- Greif (GEF) downgraded by BofA/Merrill from Buy to Neutral
- America First Multifamily Investors (ATAX) downgraded by Oppenheimer to Perform
- Ambarella (AMBA) downgraded by Craig-Hallum from Buy to Hold
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