Upgrades
- Thomson Reuters (TRI) upgraded by National Bank from Sector Perform to Outperform
- Rightmove (RTMVY) upgraded by Jefferies from Underperform to Hold
- Nucor (NUE) upgraded by JPMorgan from Neutral to Overweight
- Steel Dynamics (STLD) upgraded by JPMorgan from Underweight to Neutral
- U.S. Steel (X) upgraded by JPMorgan from Neutral to Overweight
- Wal-Mart de Mexico (WMMVY) upgraded by Jefferies from Hold to Buy
- Celestica (CLS) upgraded by Stifel from Hold to Buy
- Janus Henderson (JHG) upgraded by UBS from Sell to Neutral
- Atlas Copco (ATLKY) upgraded by Danske Bank from Hold to Buy
- SoftwareONE (SWONF) upgraded by Baader Helvea from Add to Buy
- Ultrapar (UGP) upgraded by Grupo Santander from Neutral to Outperform
- JetBlue (JBLU) upgraded by BofA from Underperform to Neutral
- Texas Capital (TCBI) upgraded by BofA from Underperform to Buy
Downgrades
- Alamos Gold (AGI) downgraded by National Bank from Outperform to Sector Perform
- Pernod Ricard (PDRDF) downgraded by Deutsche Bank from Hold to Sell
- National Storage (NSA) downgraded by KeyBanc from Overweight to Sector Weight
- Church & Dwight (CHD) downgraded by Morgan Stanley from Overweight to Equal Weight
- Invitation Homes (INVH) downgraded by RBC Capital from Outperform to Sector Perform
- Camden Property (CPT) downgraded by RBC Capital from Outperform to Sector Perform
- Adidas (ADDYY) downgraded by Barclays from Overweight to Equal Weight
- Burberry (BURBY) downgraded by Barclays from Equal Weight to Underweight
- Nestle (NSRGY) downgraded by Barclays from Overweight to Equal Weight
- Ubisoft (UBSFY) downgraded by Cantor Fitzgerald from Overweight to Neutral
- Volvo (VLVLY) downgraded by Danske Bank from Buy to Hold
- Fox Corp. (FOXA) downgraded by Seaport Research from Buy to Neutral
- HII (HII) downgraded by JPMorgan from Overweight to Neutral
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