Upgrades
- Safran (SAFRY) upgraded by Deutsche Bank from Hold to Buy
- Isuzu Motors (ISUZY) upgraded by JPMorgan from Neutral to Overweight
- PBF Energy (PBF) upgraded by Goldman Sachs from Sell to Neutral
- CVR Energy (CVI) upgraded by Goldman Sachs from Neutral to Buy
- Domtar (UFS) upgraded by Citi from Sell to Neutral
- Acuity Brands (AYI) upgraded by Baird from Neutral to Outperform
- Dover (DOV) upgraded by Citi from Neutral to Buy
- James Hardie (JHX) upgraded by JPMorgan from Neutral to Overweight
- Yara (YARIY) upgraded by JPMorgan from Neutral to Overweight
- AK Steel (AKS) upgraded by BofA/Merrill from Underperform to Buy
- Vale (VALE) upgraded by Jefferies from Hold to Buy
- Broadcom (AVGO) upgraded by BofA/Merrill from Neutral to Buy
- Centennial Resource Development (CDEV) upgraded by SunTrust from Hold to Buy
Downgrades
- Rise Education (REDU) downgraded by UBS from Buy to Neutral
- Burberry (BURBY) downgraded by Goldman Sachs from Conviction Buy to Neutral
- T. Rowe Price (TROW) downgraded by Deutsche Bank from Buy to Hold
- Teva (TEVA) downgraded by Credit Suisse from Outperform to Neutral
- MorphoSys (MOR) downgraded by Berenberg from Buy to Hold
- Shire (SHPG) downgraded by Berenberg from Buy to Hold
- Shoprite (SRGHY) downgraded by JPMorgan from Neutral to Underweight
- Cenovus Energy (CVE) downgraded by Goldman Sachs from Neutral to Sell
- CVR Refining (CVRR) downgraded by Goldman Sachs from Buy to Neutral
- Wells Fargo (WFC) downgraded by Macquarie from Outperform to Neutral
- Comerica (CMA) downgraded by Macquarie from Outperform to Neutral
- Core-Mark (CORE) downgraded by Raymond James from Strong Buy to Outperform
- Atkore (ATKR) downgraded by Citi from Buy to Neutral
- Zions Bancorp (ZION) downgraded by UBS from Buy to Neutral
- Cimarex Energy (XEC) downgraded by SunTrust from Buy to Hold
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