Upgrades
- Lufthansa (DLAKY) upgraded by Citi from Sell to Neutral
- Baxter (BAX) upgraded by Citi from Neutral to Buy
- Zimmer Biomet (ZBH) upgraded by Citi from Neutral to Buy
- Caesars (CZR) upgraded by UBS from Sell to Neutral
- Acushnet Holdings (GOLF) upgraded by Compass Point from Neutral to Buy
- Wells Fargo (WFC) upgraded by RBC Capital from Underperform to Sector Perform
- Crocs (CROX) upgraded by Susquehanna from Neutral to Positive
- Estee Lauder (EL) upgraded by Citi from Neutral to Buy
- Shoe Carnival (SCVL) upgraded by Susquehanna from Neutral to Positive
- Korea Electric Power (KEP) upgraded by Nomura Instinet from Neutral to Buy
- Sirius XM (SIRI) upgraded by JPMorgan from Neutral to Overweight
- Torchmark (TMK) upgraded by JPMorgan from Neutral to Overweight
- Bausch Health (BHC) upgraded by Piper Jaffray from Neutral to Overweight
- Ameriprise (AMP) upgraded by Sandler O’Neill from Hold to Buy
- MetLife (MET) upgraded by Sandler ONeill from Hold to Buy
Downgrades
- Smith & Nephew (SNN) downgraded by JPMorgan from Overweight to Neutral
- IAG (ICAGY) downgraded by Citi from Neutral to Sell
- Abbott (ABT) downgraded by Citi from Neutral to Sell
- Medtronic (MDT) downgraded by Citi from Buy to Neutral
- CyrusOne (CONE) downgraded by BofA/Merrill from Buy to Neutral
- Weyerhaeuser (WY) downgraded by BofA/Merrill from Buy to Neutral
- Louisiana-Pacific (LPX) downgraded by BofA/Merrill from Buy to Neutral
- Conagra Brands (CAG) downgraded by Goldman Sachs from Conviction Buy to Buy
- Bayer (BAYRY) downgraded by JPMorgan from Overweight to Neutral
- Genmab (GMXAY) downgraded by JPMorgan from Overweight to Neutral
- Aflac (AFL) downgraded by JPMorgan from Overweight to Neutral
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