• Danaher (DHR) upgraded by HSBC from Hold to Buy
  • Impala Platinum (IMPUY) upgraded by JPMorgan from Neutral to Overweight
  • AkzoNobel (AKZOY) upgraded by Jefferies from Hold to Buy
  • Pennon Group (PEGRF) upgraded by RBC Capital from Sector Perform to Outperform
  • Antero Resources (AR) upgraded by Morgan Stanley from Equal Weight to Overweight
  • Omnicom (OMC) upgraded by Wells Fargo from Equal Weight to Overweight
  • Hancock Whitney (HWC) upgraded by Citi from Neutral to Buy
  • Ericsson (ERIC) upgraded by SEB Equities from Hold to Buy
  • Kesko (KKOYY) upgraded by Danske Bank from Hold to Buy
  • Picton Property Income (PCTNF) upgraded by Peel Hunt from Hold to Buy
  • Medical Properties Trust (MPW) upgraded by Deutsche Bank from Sell to Hold
  • e.l.f. Beauty (ELF) upgraded by TD Cowen from Hold to Buy
  • Commerce Bancshares (CBSH) upgraded by Raymond James from Market Perform to Outperform


  • Svenska Cellulosa (SVCBF) downgraded by JPMorgan from Neutral to Underweight
  • Enel (ENLAY) downgraded by Exane BNP Paribas from Outperform to Neutral
  • Volkswagen (VWAGY) downgraded by Bernstein from Outperform to Market Perform
  • Alfen (ALFNF) downgraded by Deutsche Bank from Buy to Hold
  • Urban Outfitters (URBN) downgraded by Jefferies from Hold to Underperform
  • Fortive (FTV) downgraded by JPMorgan from Overweight to Neutral
  • Fibra Hotel (DBMXF) downgraded by JPMorgan from Neutral to Underweight
  • Tritax Big Box REIT (TTBXF) downgraded by Peel Hunt from Add to Hold
  • Bucher Industries (BCHHF) downgraded by Kepler Cheuvreux from Buy to Hold
  • Marsh McLennan (MMC) downgraded by Piper Sandler from Overweight to Neutral
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