Upgrades
- SoftBank (SFTBY) upgraded by HSBC from Hold to Buy
- AK Steel (AKS) upgraded by JPMorgan from Underweight to Neutral
- Zimmer Biomet (ZBH) upgraded by Raymond James from Outperform to Strong Buy
- Atmos Energy (ATO) upgraded by UBS from Neutral to Buy
- NetEase (NTES) upgraded by Goldman Sachs from Neutral to Buy
- Bank of Montreal (BMO) upgraded by CIBC from Neutral to Outperformer
- Woodward (WWD) upgraded by Jefferies from Hold to Buy
- AkzoNobel (AKZOY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Zurich Insurance (ZURVY) upgraded by Barclays from Equal Weight to Overweight
- Ubisoft (UBSFY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Gibson Energy (GBNXF) upgraded by RBC Capital from Sector Perform to Outperform
- Atlantia (ATASY) upgraded by JPMorgan from Neutral to Overweight
Downgrades
- ViewRay (VRAY) downgraded by B. Riley FBR from Buy to Neutral
- Eaton (ETN) downgraded by Deutsche Bank from Buy to Hold
- CSL (CSLLY) downgraded by JPMorgan from Overweight to Neutral
- Workday (WDAY) downgraded by Compass Point from Buy to Neutral
- Ahold Delhaize (ADRNY) downgraded by Kepler Cheuvreux from Buy to Hold
- Allianz (AZSEY) downgraded by Barclays from Overweight to Equal Weight
- Aviva (AVVIY) downgraded by Barclays from Overweight to Equal Weight
- Segro (SEGXF) downgraded by RBC Capital from Sector Perform to Underperform
- Owens Corning (OC) downgraded by BofA/Merrill from Buy to Neutral
- Marvell (MRVL) downgraded by BMO Capital from Outperform to Market Perform
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