Upgrades
- M&T Bank (MTB) upgraded by Piper Sandler from Neutral to Overweight
- Discover (DFS) upgraded by Piper Sandler from Neutral to Overweight
- Arista Networks (ANET) upgraded by Citi from Neutral to Buy
- Equifax (EFX) upgraded by Baird from Neutral to Outperform
- Close Brothers (CBGPY) upgraded by Investec from Hold to Buy
- Sage Group (SGPYY) upgraded by Redburn from Neutral to Buy
- Booz Allen (BAH) upgraded by Barclays from Equal Weight to Overweight
- Splunk (SPLK) upgraded by BTIG from Neutral to Buy
- UBS (UBS) upgraded by Barclays from Underweight to Equal Weight
- Swatch Group (SWGAY) upgraded by HSBC from Hold to Buy
- South Atlantic Bancshares (SABK) upgraded by Stephens from Equal Weight to Overweight
- ResMed (RMD) upgraded by BofA from Underperform to Neutral
- Ambev (ABEV) upgraded by Citi from Neutral to Buy
- Charter (CHTR) upgraded by RBC Capital from Sector Perform to Outperform
- Comcast (CMCSA) upgraded by RBC Capital from Sector Perform to Outperform
- Fox Corp. (FOXA) upgraded by UBS from Neutral to Buy
Downgrades
- Berkeley Group (BKGFY) downgraded by Jefferies from Buy to Hold
- Bellway (BLWYF) downgraded by Jefferies from Buy to Hold
- PPG (PPG) downgraded by Wells Fargo from Overweight to Equal Weight
- Netflix (NFLX) downgraded by Jefferiesd from Buy to Hol
- Hannover Re (HVRRF) downgraded by Credit Suisse from Outperform to Neutral
- National Grid (NGG) downgraded by Citi from Buy to Neutral
- Credit Suisse (CS) downgraded by Barclays from Overweight to Underweight
- GreenTree (GHG) downgraded by Morgan Stanley from Overweight to Equal Weight
- Associated British Foods (ASBFY) downgraded by RBC Capital from Outperform to Sector Perform
- Pearson (PSO) downgraded by UBS from Neutral to Sell
- Siemens Energy (SMEGF) downgraded by HSBC from Buy to Hold
- Snap (SNAP) downgraded by Wedbush from Outperform to Neutral
- Evertec (EVTC) downgraded by Susquehanna from Positive to Neutral
- Dun & Bradstreet (DNB) downgraded by Barclays from Overweight to Equal Weight
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