Upgrades
- HSBC (HSBC) upgraded by Goldman Sachs from Neutral to Buy
- Amgen (AMGN) upgraded by Citi from Neutral to Buy
- Gilead (GILD) upgraded by Citi from Neutral to Buy
- Axis Capital (AXS) upgraded by UBS from Neutral to Buy
- Hexcel (HXL) upgraded by UBS from Sell to Neutral
- Booking Holdings (BKNG) upgraded by Citi from Neutral to Buy
- Pros Holdings (PRO) upgraded by Stifel from Hold to Buy
- CenturyLink (CTL) upgraded by Guggenheim from Sell to Neutral
- Heico (HEI) upgraded by Baird from Neutral to Outperform
- Axis Capital (AXS) upgraded by UBS from Neutral to Buy
- Vertex (VRTX) assumed by Goldman Sachs from Neutral to Buy
Downgrades
- Sasol (SSL) downgraded by JPMorgan from Overweight to Neutral
- Sasol (SSL) downgraded by Citi from Buy to Neutral
- AGL Energy (ALGNF) downgraded by UBS from Buy to Sell
- Chubb (CB) downgraded by UBS from Buy to Neutral
- Expedia (EXPE) downgraded by Citi from Buy to Neutral
- Ardmore Shipping (ASC) downgraded by Pareto from Buy to Hold
- Qualcomm (QCOM) downgraded by Mizuho from Buy to Neutral
- Alnylam (ALNY) assumed by Goldman Sachs from Buy to Neutral
- Alexion (ALXN) assumed by Goldman Sachs from Buy to Neutral
- CIBC (CM) downgraded by Canaccord from Buy to Hold
- NetApp (NTAP) downgraded by Goldman Sachs from Conviction Buy to Buy
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