Upgrades
- Weyerhaeuser (WY) upgraded by CIBC from Neutral to Outperformer
- Adobe (ADBE) upgraded by Exane BNP Paribas from Underperform to Neutral
- Persimmon (PSMMY) upgraded by Deutsche Bank from Hold to Buy
- Digital Realty (DLR) upgraded by Deutsche Bank from Hold to Buy
- Rinnai (RINIY) upgraded by Goldman Sachs from Neutral to Buy
- Toto (TOTDY) upgraded by Goldman Sachs from Sell to Neutral
- CareDx (CDNA) upgraded by Wells Fargo from Underweight to Equal Weight
- Fuller Smith & Turner (FTUAF) upgraded by Peel Hunt from Hold to Add
- Orange (ORANY) upgraded by Oddo BHF from Neutral to Outperform
- Devon Energy (DVN) upgraded by Bernstein from Market Perform to Outperform
- EQT Corporation (EQT) upgraded by Bernstein from Market Perform to Outperform
Downgrades
- Anglo American Platinum (AGPPF) downgraded by JPMorgan from Neutral to Underweight
- U-Blox (UBLXF) downgraded by Kepler Cheuvreux from Buy to Hold
- Anglo American (NGLOY) downgraded by RBC Capital from Sector Perform to Underperform
- Air France-KLM (AFLYY) downgraded by Barclays from Equal Weight to Underweight
- Norwegian Air Shuttle (NWARF) downgraded by Barclays from Overweight to Equal Weight
- Watches of Switzerland (WOSGF) downgraded by Deutsche Bank from Buy to Hold
- Origin Energy (OGFGF) downgraded by Goldman Sachs from Buy to Neutral
- XP Inc. (XP) downgraded by Grupo Santander from Outperform to Neutral
- Intuit (INTU) downgraded by Exane BNP Paribas from Neutral to Underperform
- Lam Research (LRCX) downgraded by Wolfe Research from Outperform to Peer Perform
- NOV Inc. (NOV) downgraded by Evercore ISI from Outperform to In Line
- Helmerich & Payne (HP) downgraded by Evercore ISI from Outperform to In Line
- Transocean (RIG) downgraded by Evercore ISI from Outperform to In Line
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