Upgrades
- Consolidated Edison (ED) upgraded by KeyBanc from Sector Weight to Overweight
- easyJet (ESYJY) upgraded by HSBC from Hold to Buy
- AIB Group (AIBRF) upgraded by BofA/Merrill from Underperform to Neutral
- Telefonica Deutschland (TELDF) upgraded by Credit Suisse from Underperform to Neutral
- Atos (AEXAY) upgraded by Redburn from Neutral to Buy
- Chewy (CHWY) upgraded by Nomura Instinet from Neutral to Buy
- Agios Pharmaceuticals (AGIO) upgraded by Guggenheim from Neutral to Buy
- Sanofi (SNY) upgraded by Guggenheim from Neutral to Buy
- KKR (KKR) upgraded by BofA/Merrill from Neutral to Buy
- Advanced Energy (AEIS) upgraded by Citi from Neutral to Buy
- PS Business Parks (PSB) upgraded by Citi from Sell to Neutral
- Green Brick (GRBK) upgraded by BTIG from Neutral to Buy
- Regeneron (REGN) upgraded by Guggenheim from Neutral to Buy
Downgrades
- Schnitzer Steel (SCHN) downgraded by Goldman Sachs from Neutral to Sell
- Commercial Metals (CMC) downgraded by Goldman Sachs from Buy to Neutral
- Alcoa (AA) downgraded by Goldman Sachs from Buy to Neutral
- U.S. Steel (X) downgraded by JPMorgan from Overweight to Neutral
- Illinois Tool Works (ITW) downgraded by Goldman Sachs from Neutral to Sell
- Vallourec (VLOWY) downgraded by Societe Generale from Buy to Hold
- Tatneft (OAOFY) downgraded by HSBC from Hold to Reduce
- Valaris (VAL) downgraded by Citi from Neutral to Sell
- Noble Corp. (NE) downgraded by Citi from Neutral to Sell
- Brooks Automation (BRKS) downgraded by Citi from Buy to Neutral
- Continental Resources (CLR) downgraded by Citi from Buy to Neutral
- Concho Resources (CXO) downgraded by Citi from Buy to Neutral
- Simon Property (SPG) downgraded by Citi from Buy to Neutral
- Pennsylvania REIT (PEI) downgraded by Citi from Neutral to Sell
- Sabra Health Care (SBRA) downgraded by Citi from Neutral to Sell
- Whiting Petroleum (WLL) downgraded by Citi from Buy to Neutral
- Anika Therapeutics (ANIK) downgraded by First Analysis from Strong Buy to Outperform
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