Upgrades
- HSBC (HSBC) upgraded by Jefferies from Hold to Buy
- Huntsman (HUN) upgraded by Goldman Sachs from Buy to Conviction Buy
- LyondellBasell (LYB) upgraded by Goldman Sachs from Buy to Conviction Buy
- Venator Materials (VNTR) upgraded by Goldman Sachs from Neutral to Buy
- Element Solutions (ESI) upgraded by Goldman Sachs from Neutral to Buy
- Qiagen (QGEN) upgraded by Commerzbank from Hold to Buy
- Adidas (ADDYY) upgraded by Societe Generale from Hold to Buy
- AB InBev (BUD) upgraded by Redburn from Sell to Neutral
- Elastic (ESTC) upgraded by Canaccord from Hold to Buy
- WestRock (WRK) upgraded by BofA/Merrill from Neutral to Buy
- Teekay Tankers (TNK) upgraded by BofA/Merrill from Underperform to Buy
- KB Financial Group (KB) upgraded by BofA/Merrill from Neutral to Buy
- Piraeus Bank (BPIRD) upgraded by HSBC from Hold to Buy
- W.R. Grace (GRA) upgraded by Goldman Sachs from Neutral to Buy
- Coca-Cola Amatil (CCLAY) upgraded by Credit Suisse from Underperform to Neutral
- Coca-Cola Amatil (CCLAY) upgraded by Macquarie from Underperform to Neutral
Downgrades
- Peugeot (PUGOY) downgraded by Deutsche Bank from Buy to Hold
- Ultra Clean (UCTT) downgraded by Stifel from Buy to Hold
- Progressive (PGR) downgraded by Goldman Sachs from Conviction Buy to Neutral
- Sherwin-Williams (SHW) downgraded by Goldman Sachs from Conviction Buy to Neutral
- PQ Group (PQG) downgraded by Goldman Sachs from Neutral to Sell
- PPG (PPG) downgraded by Goldman Sachs from Conviction Buy to Buy
- AP Moller Maersk (AMKBY) downgraded by DNB Markets from Hold to Sell
- ISS (ISSDY) downgraded by UBS from Buy to Neutral
- Okta (OKTA) downgraded by Canaccord from Buy to Hold
- Amarin (AMRN) downgraded by Citi from Buy to Neutral
- Anchiano Therapeutics (ANCN) downgraded by Ladenburg from Buy to Neutral
- Mitsubishi UFJ (MUFG) downgraded by Keefe Bruyette from Outperform to Market Perform
- Workday (WDAY) downgraded by Morgan Stanley from Overweight to Equal Weight
- U.S. Concrete (USCR) downgraded by Stephens from Overweight to Equal Weight
- Taseko Mines (TGB) downgraded by National Bank from Outperform to Sector Perform
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