Upgrades
- Sumco (SUOPY) upgraded by JPMorgan from Neutral to Overweight
- Ericsson (ERIC) upgraded by Canaccord from Hold to Buy
- Tradeweb Markets (TW) upgraded by Barclays from Equal Weight to Overweight
- Analog Devices (ADI) upgraded by KeyBanc from Sector Weight to Overweight
- Microchip (MCHP) upgraded by KeyBanc from Sector Weight to Overweight
- Spotify (SPOT) upgraded by Evercore ISI from Underperform to In Line
- National Vision (EYE) upgraded by BofA/Merrill from Neutral to Buy
- Philip Morris (PM) upgraded by BofA/Merrill from Neutral to Buy
- Scotts Miracle-Gro (SMG) upgraded by BofA/Merrill from Underperform to Neutral
- VMware (VMW) upgraded by Wells Fargo from Market Perform to Outperform
- NXP Semiconductors (NXPI) upgraded by KeyBanc from Sector Weight to Overweight
Downgrades
- Five Prime (FPRX) downgraded by Guggenheim from Buy to Neutral
- SL Green Realty (SLG) downgraded by Stifel from Buy to Hold
- Fortescue Metals (FSUGY) downgraded by Credit Suisse from Neutral to Underperform
- Welltower (WELL) downgraded by Barclays from Overweight to Equal Weight
- Societe Generale (SCGLY) downgraded by UBS from Buy to Neutral
- Celanese (CE) downgraded by Goldman Sachs from Buy to Neutral
- nVent Electric (NVT) downgraded by RBC Capital from Outperform to Sector Perform
- U.S. Silica (SLCA) downgraded by Cowen from Outperform to Market Perform
- Canadian National (CNI) downgraded by Stephens from Overweight to Equal Weight
- Public Storage (PSA) downgraded by Evercore ISI from In Line to Underperform
- Ubisoft (UBSFY) downgraded by Stephens from Overweight to Equal Weight
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