Upgrades
- Imperial Brands (IMBBY) upgraded by Citi from Neutral to Buy
- DNB ASA (DNHBY) upgraded by Citi from Neutral to Buy
- The Stars Group (TSG) upgraded by Desjardins from Hold to Buy
- Trex Company (TREX) upgraded by Stifel from Hold to Buy
- Five Below (FIVE) upgraded by Goldman Sachs from Buy to Conviction Buy
- Cheniere Energy (LNG) upgraded by Goldman Sachs from Buy to Conviction Buy
- CYBG (CBBYF) upgraded by Barclays from Underweight to Equal Weight
- Quantenna (QTNA) upgraded by Barclays from Underweight to Equal Weight
- Hilltop Holdings (HTH) upgraded by Piper Jaffray from Neutral to Overweight
Downgrades
- RYB Education (RYB) downgraded by Jefferies from Buy to Hold
- FedEx (FDX) downgraded by Susquehanna from Positive to Neutral
- Guangshen Railway (GSH) downgraded by Citi from Buy to Sell
- Quantenna Communications (QTNA) downgraded by Roth Capital from Buy to Neutral
- Quantenna Communications (QTNA) downgraded by Needham from Strong Buy to Hold
- Kinder Morgan (KMI) downgraded by Goldman Sachs from Conviction Buy to Buy
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