Upgrades
- Futu Holdings (FUTU) upgraded by CLSA from Sell to Underperform
- Futu Holdings (FUTU) upgraded by JPMorgan from Neutral to Overweight
- Baidu (BIDU) upgraded by JPMorgan from Neutral to Overweight
- Alimentation (ANCTF) upgraded by National Bank from Sector Perform to Outperform
- Signify NV (SFFYF) upgraded by JPMorgan from Neutral to Overweight
- Legrand (LGRDY) upgraded by JPMorgan from Neutral to Overweight
- Kion Group (KIGRY) upgraded by JPMorgan from Neutral to Overweight
- Aker Solutions (AKRTF) upgraded by DNB Markets from Hold to Buy
- Close Brothers (CBGPY) upgraded by Investec from Hold to Buy
- Societe Generale (SCGLY) upgraded by BofA from Neutral to Buy
- Unite Group (UTGPF) upgraded by Morgan Stanley from Equal Weight to Overweight
- Great Portland (GPEAF) upgraded by Morgan Stanley from Equal Weight to Overweight
- Vulcan Materials (VMC) upgraded by Vertical Research from Hold to Buy
Downgrades
- Codiak (CDAK) downgraded by Goldman Sachs from Buy to Neutral
- Orpea (ORPEF) downgraded by Berenberg from Buy to Hold
- GEA Group (GEAGF) downgraded by JPMorgan from Neutral to Underweight
- Electrolux (ELUXY) downgraded by JPMorgan from Neutral to Underweight
- Andritz (ADRZY) downgraded by JPMorgan from Overweight to Neutral
- Hermes (HESAY) downgraded by HSBC from Buy to Hold
- LVMH (LVMUY) downgraded by HSBC from Buy to Hold
- Richemont (CFRUY) downgraded by HSBC from Buy to Hold
- Swatch Group (SWGAY) downgraded by HSBC from Buy to Hold
- VNET Group (VNET) downgraded by Credit Suissel from Outperform to Neutra
- Molson Coors (TAP) downgraded by Bryan Garnier from Buy to Sell
- Norway Royal Salmon (NRYYF) downgraded by Nordea from Buy to Hold
- Okta (OKTA) downgraded by Canaccord from Buy to Hold
- British Land (BTLCY) downgraded by Panmure Gordon from Buy to Hold
- Bed Bath & Beyond (BBBY) downgraded by Raymond James from Market Perform to Underperform
- Seagate (STX) downgraded by Benchmark from Buy to Hold
- Western Digital (WDC) downgraded by Benchmark from Hold to Sell
- Semtech (SMTC) downgraded by Cowen from Outperform to Market Perform
- HP Inc. (HPQ) downgraded by Loop Capital from Buy to Hold
- Liquidia (LQDA) downgraded by Wedbush from Neutral to Underperform
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