Upgrades
- FedEx (FDX) upgraded by UBS from Sell to Neutral
- HSBC (HSBC) upgraded by BofA/Merrill from Neutral to Buy
- Home Depot (HD) upgraded by Credit Suisse from Neutral to Outperform
- Starbucks (SBUX) upgraded by JPMorgan from Neutral to Overweight
- BMW (BMWYY) upgraded by Redburn from Sell to Neutral
- AkzoNobel (AKZOY) upgraded by JPMorgan from Neutral to Overweight
- Ryanair (YAAY) upgraded by Deutsche Bank from Hold to Buy
- Mednax (MD) upgraded by Stifel from Hold to Buy
- Charles Schwab (SCHW) upgraded by Compass Point from Neutral to Buy
- Autoliv (ALV) upgraded by DNB Markets from Hold to Buy
- Verbund (OEZVY) upgraded by Societe Generale from Hold to Buy
- Healthcare Realty Trust (HR) upgraded by Citi from Neutral to Buy
- Physicians Realty Trust (DOC) upgraded by Citi from Neutral to Buy
- Agree Realty (ADC) upgraded by Citi from Neutral to Buy
- UDR, Inc. (UDR) upgraded by Citi from Neutral to Buy
Downgrades
- Iluka Resources (ILKAY) downgraded by Citi from Neutral to Sell
- Children’s Place (PLCE) downgraded by Wedbush from Outperform to Neutral
- Bright Scholar (BEDU) downgraded by Goldman Sachs from Buy to Neutral
- MTU Aero Engines (MTUAY) downgraded by Commerzbank from Buy to Hold
- Genmab (GMAB) downgraded by Deutsche Bank from Buy to Hold
- Home Depot (HD) downgraded by Gordon Haskett from Buy to Accumulate
- Regency Centers (REG) downgraded by Citi from Buy to Neutral
- Wanda Sports (WSG) downgraded by Loop Capital from Buy to Hold
- Apollo Global (APO) downgraded by UBS from Buy to Neutral
- Carlyle Group (CG) downgraded by UBS from Buy to Neutral
- Ansys (ANSS) downgraded by JPMorgan from Neutral to Underweight
- Autodesk (ADSK) downgraded by JPMorgan from Neutral to Underweight
- Miragen Therapeutics (MGEN) downgraded by Baird from Outperform to Neutral
- Solvay (SOLVY) downgraded by Exane BNP Paribas from Neutral to Underperform
- Turk Telekom (TRKNY) downgraded by JPMorgan from Neutral to Underweight
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