Upgrades
- Porsche (POAHY) upgraded by Goldman Sachs from Neutral to Buy
- EDP Renewables (EDRVF) upgraded by Goldman Sachs from Neutral to Buy
- Volvo (VLVLY) upgraded by Pareto from Hold to Buy
- CME Group (CME) upgraded by Rothschild & Co Redburn from Neutral to Buy
- Arthur J. Gallagher (AJG) upgraded by Jefferies from Hold to Buy
- Cemex (CX) upgraded by Grupo Santander from Neutral to Outperform
- General Dynamics (GD) upgraded by Jefferies from Hold to Buy
- Henry Schein (HSIC) upgraded by BTIG from Neutral to Buy
- Intel (INTC) upgraded by BofA from Underperform to Buy
- Tronox (TROX) upgraded by Truist from Sell to Hold
- Black Hills (BKH) upgraded by BofA from Neutral to Buy
- Crispr Therapeutics (CRSP) upgraded by Morgan Stanley from Underweight to Equal Weight
Downgrades
- Chewy (CHWY) downgraded by MoffettNathanson from Buy to Neutral
- Swisscom (SCMWY) downgraded by Morgan Stanley from Overweight to Underweight
- Voltalia (VLTAF) downgraded by Morgan Stanley from Equal Weight to Underweight
- Vodafone (VOD) downgraded by Barclays from Overweight to Equal Weight
- Fastned (FNEDF) downgraded by Deutsche Bank from Buy to Hold
- Umicore (UMICY) downgraded by Kepler Cheuvreux from Buy to Hold
- Interroll (IRRHF) downgraded by Kepler Cheuvreux from Hold to Reduce
- Sligro Food (SIGRF) downgraded by Oddo BHF from Outperform to Neutral
- Norsk Hydro (NHYDY) downgraded by Pareto from Buy to Hold
- MarketAxess (MKTX) downgraded by Rothschild & Co Redburn from Buy to Neutral
- J.Jill (JILL) downgraded by William Blair from Outperform to Market Perform
- Procept BioRobotics (PRCT) downgraded by Leerink from Outperform to Market Perform
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