Upgrades
- Chewy (CHWY) upgraded by Goldman Sachs from Neutral to Buy
- Yelp (YELP) upgraded by Goldman Sachs from Neutral to Buy
- Victrex (VTXPF) upgraded by Berenberg from Hold to Buy
- Bodycote (BYPLF) upgraded by JPMorgan from Underweight to Neutral
- Spirax-Sarco (SPXSF) upgraded by JPMorgan from Neutral to Overweight
- Amadeus IT Group (AMADY) upgraded by Exane BNP Paribas from Neutral to Outperform
- Johnson Matthey (JMPLY) upgraded by Deutsche Bank from Hold to Buy
- MorphoSys (MOR) upgraded by Deutsche Bank from Sell to Hold
- Cohu (COHU) upgraded by B. Riley from Neutral to Buy
- Progressive (PGR) upgraded by JPMorgan from Neutral to Overweight
- Elisa (ELMUF) upgraded by DNB Markets from Sell to Hold
- HMS Networks (HMNKF) upgraded by DNB Markets from Hold to Buy
- Ibstock (IBJHF) upgraded by Redburn from Sell to Neutral
- Aramark (ARMK) upgraded by Bernstein from Market Perform to Outperform
Downgrades
- State Street (STT) downgraded by Keefe Bruyette from Outperform to Market Perform
- Rotork (RTOXF) downgraded by JPMorgan from Overweight to Neutral
- Ericsson (ERIC) downgraded by Barclays from Overweight to Equal Weight
- MSCI (MSCI) downgraded by Exane BNP Paribas from Neutral to Underperform
- Brunswick (BC) downgraded by KeyBanc from Overweight to Sector Weight
- Twilio (TWLO) downgraded by Piper Sandler from Overweight to Neutral
- Leslie’s (LESL) downgraded by Jefferies from Buy to Hold
- Conagra Brands (CAG) downgraded by Morgan Stanley from Overweight to Equal Weight
- PepsiCo (PEP) downgraded by Morgan Stanley from Overweight to Equal Weight
- Bright Horizons (BFAM) downgraded by BMO Capital from Outperform to Market Perform
- State Street (STT) downgraded by JPMorgan from Neutral to Underweight
- Aker Solutions (AKRYY) downgraded by DNB Markets from Buy to Hold
- Yeti (YETI) downgraded by KeyBanc from Sector Weight to Underweight
- AT&T (T) downgraded by Citi from Buy to Neutral
- State Street (STT) downgraded by UBS from Buy to Neutral
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