Upgrades
- FibroGen (FGEN) upgraded by Citi from Neutral to Buy
- Darden (DRI) upgraded by BTIG from Neutral to Buy
- Fresenius SE (FSNUY) upgraded by Goldman Sachs from Neutral to Buy
- GAP Airports (PAC) upgraded by BofA/Merrill from Neutral to Buy
- Shake Shack (SHAK) upgraded by Jefferies from Underperform to Hold
- Q2 Holdings (QTWO) upgraded by BTIG from Neutral to Buy
- Xylem (XYL) upgraded by Stifel from Hold to Buy
- Hershey (HSY) upgraded by BofA/Merrill from Neutral to Buy
- Curtiss-Wright (CW) upgraded by Stifel from Hold to Buy
- Best Buy (BBY) upgraded by MoffettNathanson from Sell to Neutral
- IAMGold (IAG) upgraded by Credit Suisse from Neutral to Outperform
- Cargotec (CYJBF) upgraded by UBS from Sell to Neutral
Downgrades
- Alkermes (ALKS) downgraded by Goldman Sachs from Neutral to Sell
- Zimmer Biomet (ZBH) downgraded by JPMorgan from Overweight to Neutral
- JPMorgan (JPM) downgraded by Atlantic Equities from Overweight to Neutral
- Red Robin (RRGB) downgraded by Jefferies from Buy to Hold
- Circor (CIR) downgraded by Stifel from Buy to Hold
- Gardner Denver (GDI) downgraded by Stifel from Buy to Hold
- Schlumberger (SLB) downgraded by Credit Suisse from Outperform to Neutral
- NOW Inc. (DNOW) downgraded by Stifel from Buy to Hold
- Oasis Petroleum (OAS) downgraded by Credit Suisse from Outperform to Neutral
- American Express (AXP) downgraded by BofA/Merrill from Buy to Neutral
- Kinross Gold (KGC) downgraded by Credit Suisse from Neutral to Underperform
- Laredo Petroleum (LPI) downgraded by Credit Suisse from Neutral to Underperform
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