Upgrades
- ViacomCBS (VIAC) upgraded by Citi from Neutral to Buy
- ABB (ABB) upgraded by JPMorgan from Underweight to Neutral
- Lincoln Electric (LECO) upgraded by Vertical Research from Sell to Hold
- Credit Suisse (CS) upgraded by UBS from Neutral to Buy
- Ecolab (ECL) upgraded by JPMorgan from Underweight to Neutral
- Novartis (NVS) upgraded by Oddo BHF from Neutral to Outperform
- HSBC (HSBC) upgraded by AlphaValue from Reduce to Add
- Nedbank (NDBKY) upgraded by Investec from Hold to Buy
- Capitec Bank (CKHGY) upgraded by Investec from Sell to Hold
- Ralph Lauren (RL) upgraded by Cowen from Market Perform to Outperform
- Cimarex Energy (XEC) upgraded by Evercore ISI from In Line to Outperform
- UPS (UPS) upgraded by BMO Capital from Underperform to Market Perform
- South Jersey Industries (SJI) upgraded by BofA from Neutral to Buy
- Graphic Packaging (GPK) upgraded by Seaport Global from Neutral to Buy
- Cargojet (CGJTF) upgraded by Canaccord from Hold to Buy
Downgrades
- IMI PLC (IMIAY) downgraded by Goldman Sachs from Conviction Buy to Buy
- Fastly (FSLY) downgraded by Raymond James from Outperform to Market Perform
- AMD (AMD) downgraded by Summit Insights from Buy to Hold
- Atos (AEXAY) downgraded by UBS from Buy to Neutral
- Vestas (VWDRY) downgraded by AlphaValue from Buy to Sell
- China Shenhua Energy (CSUAY) downgraded by DBS Bank from Buy to Hold
- Porsche (POAHY) downgraded by HSBC from Buy to Hold
- Stagecoach Group (SAGKF) downgraded by HSBC from Hold to Reduce
- Cellectis (CLLS) downgraded by Guggenheim from Buy to Neutral
- DTE Energy (DTE) downgraded by UBS from Buy to Neutral
- Helix Energy (HLX) downgraded by BofA from Buy to Neutral
- Go-Ahead Group (GHGUF) downgraded by HSBC from Buy to Hold
- Essity (ETTYF) downgraded by Berenberg from Buy to Hold
- Spirit Airlines (SAVE) downgraded by Evercore ISI from Outperform to In Line
- Air Canada (ACDVF) downgraded by Canaccord from Buy to Hold
- Enphase Energy (ENPH) downgraded by Northland from Outperform to Market Perform
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