Upgrades
- DSV (DSDVF) upgraded by Goldman Sachs from Sell to Neutral
- Rubis (RBSFY) upgraded by Goldman Sachs from Neutral to Buy
- Tempur Sealy (TPX) upgraded by UBS from Sell to Neutral
- Charah Solutions (CHRA) upgraded by BofA/Merrill from Neutral to Buy
- Worldpay (WP) upgraded by BofA/Merrill from Neutral to Buy
- Axos Financial (AX) upgraded by Raymond James from Outperform to Strong Buy
- Wingstop (WING) upgraded by Guggenheim from Neutral to Buy
- Cigna (CI) upgraded by Goldman Sachs from Buy to Conviction Buy
- Phillips 66 (PSX) upgraded by Barclays from Underweight to Equal Weight
Downgrades
- Nike (NKE) downgraded by HSBC from Buy to Hold
- Ferguson (FERGY) downgraded by JPMorgan from Overweight to Neutral
- Hi-Crush Partners (HCLP) downgraded by Credit Suisse from Outperform to Neutral
- Covia (CVIA) downgraded by Credit Suisse from Neutral to Underperform
- Swisscom (SCMWY) downgraded by Jefferies from Buy to Hold
- Honda (HMC) downgraded by CLSA from Buy to Outperform
- CVR Refining (CVRR) downgraded by Barclays from Equal Weight to Underweight
- Oracle (ORCL) downgraded by Evercore ISI from Outperform to In Line
- SKF AB (SKUFF) downgraded by Barclays from Equal Weight to Underweight
- Sandvik AB (SDVKY) downgraded by Barclays from Equal Weight to Underweight
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