Upgrades
- Dominion Lending Centres (BRLGF) upgraded by Desjardins from Hold to Buy
- Teleperformance (TLPFY) upgraded by Kepler Cheuvreux from Hold to Buy
- Covivio (GSEFF) upgraded by JPMorgan from Neutral to Overweight
- Cisco (CSCO) upgraded by Citi from Neutral to Buy
- Grainger (GWW) upgraded by Baird from Neutral to Outperform
- Wesco (WCC) upgraded by Baird from Neutral to Outperform
- Telkom SA (TKMJF) upgraded by Investec from Hold to Buy
- Universal Health (UHS) upgraded by TD Cowen from Hold to Buy
- AptarGroup (ATR) upgraded by DBS Bank from Hold to Buy
- Novocure (NVCR) upgraded by H.C. Wainwright from Neutral to Buy
Downgrades
- Air China (AICAF) downgraded by HSBC from Buy to Reduce
- China Eastern Airlines (CHEAF) downgraded by HSBC from Buy to Reduce
- L’Oreal (LRLCY) downgraded by JPMorgan from Neutral to Underweight
- OCI (OCINF) downgraded by JPMorgan from Overweight to Neutral
- Sitio Royalties (STR) downgraded by KeyBanc from Overweight to Sector Weight
- Boliden (BDNNY) downgraded by Barclays from Overweight to Underweight
- Omnicom (OMC) downgraded by Wells Fargo from Overweight to Equal Weight
- Orsted (DNNGY) downgraded by DNB Markets from Hold to Sell
- Piedmont Lithium (PLL) downgraded by Macquarie from Neutral to Underperform
- Yum! Brands (YUM) downgraded by TD Cowen from Buy to Hold
- Estee Lauder (EL) downgraded by HSBC from Buy to Hold
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