Upgrades
- Essential Utilities (WTRG) upgraded by Goldman Sachs from Neutral to Conviction Buy
- OGE Energy (OGE) upgraded by Goldman Sachs from Sell to Neutral
- Lennox (LII) upgraded by Vertical Research from Sell to Hold
- Edenred (EDNMY) upgraded by Societe Generale from Hold to Buy
- Volvo AB (VLVLY) upgraded by Societe Generale from Sell to Hold
- Getlink (GRPTF) upgraded by UBS from Neutral to Buy
- Legrand (LGRVF) upgraded by Jefferies from Underperform to Hold
- GB Group (GBGPF) upgraded by Berenberg from Hold to Buy
- National Beverage (FIZZ) upgraded by Jefferies from Underperform to Hold
- Dave & Buster’s (PLAY) upgraded by BMO Capital from Market Perform to Outperform
- Ipsen (IPSEY) upgraded by Kepler Cheuvreux from Reduce to Hold
- Scatec Solar (STECF) upgraded by Kepler Cheuvreux from Hold to Buy
- Rayonier Advanced (RYAM) upgraded by RBC Capital from Sector Perform to Outperform
- Tiger Brands (TBLMY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Brunswick (BC) upgraded by JPMorgan from Neutral to Overweight
- Country Garden Holdings (CTRYF) upgraded by CICC from Neutral to Outperform
- Workday (WDAY) upgraded by Piper Sandler from Neutral to Overweight
- Royal Gold (RGLD) upgraded by TD Securities from Hold to Buy
- Sandstorm Gold (SAND) upgraded by TD Securities from Hold to Buy
Downgrades
- Consolidated Edison (ED) downgraded by Goldman Sachs to Sell from Neutral
- KP Tissue (KPTSF) downgraded by RBC Capital to Sector Perform from Outperform
- Saab (SAABF) downgraded by SEB Equities to Hold from Buy
- Front Yard (RESI) downgraded by JMP Securities to Market Perform from Outperform
- InterContinental (IHG) downgraded by AlphaValue to Reduce from Add
- WPX Energy (WPX) downgraded by KeyBanc to Sector Weight from Overweight
- Concho Resources (CXO) downgraded by MKM Partners to Neutral from Buy
- Boyd Group (BYDGF) downgraded by National Bank to Sector Perform from Outperform
- BioSpecifics (BSTC) downgraded by H.C. Wainwright to Neutral from Buy
- Great Portland Estates (GPEAF) downgraded by BofA to Underperform from Neutral
- Capital & Counties (CCPPF) downgraded by BofA to Underperform from Neutral
- Sprouts Farmers Market (SFM) downgraded by Gordon Haskett from Buy to Hold
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