Upgrades
- Westpac (WBK) upgraded by Morgan Stanley from Equal Weight to Overweight
- NorthWestern (NWE) upgraded by Credit Suisse from Neutral to Outperform
- Cheniere Energy (LNG) upgraded by BofA from Neutral to Buy
- China Southern Airlines (ZNH) upgraded by Morgan Stanley from Equal Weight to Overweight
- Air China (AICAF) upgraded by Morgan Stanley from Equal Weight to Overweight
- BBVA (BBVA) upgraded by Credit Suisse from Underperform to Neutral
- Big Yellow Group (BYLOF) upgraded by Peel Hunt from Reduce to Hold
- IAG (ICAGY) upgraded by Oddo BHF from Reduce to Neutral
- BP (BP) upgraded by RBC Capital from Underperform to Sector Perform
- Chevron (CVX) upgraded by RBC Capital from Underperform to Sector Perform
- KB Home (KBH) upgraded by JPMorgan from Underweight to Neutral
- Under Armour (UAA) upgraded by Wells Fargo from Equal Weight to Overweight
- Sleep Number (SNBR) upgraded by BofA from Underperform to Neutral
- Monster Beverage (MNST) upgraded by UBS from Sell to Neutral
- Charles Schwab (SCHW) upgraded by Citi from Neutral to Buy
- Eurocash (EUSHY) upgraded by Citi from Sell to Buy
Downgrades
- HD Supply (HDS) downgraded by Raymond James from Outperform to Market Perform
- Oz Minerals (OZMLF) downgraded by Goldman Sachs from Neutral to Sell
- Champion Iron (CHPRF) downgraded by Goldman Sachs from Buy to Neutral
- Moderna (MRNA) downgraded by BMO Capital from Outperform to Market Perform
- Chico’s (CHS) downgraded by B. Riley Securities from Buy to Neutral
- LGI Homes (LGIH) downgraded by JPMorgan from Neutral to Underweight
- Urban Outfitters (URBN) downgraded by Wells Fargo from Overweight to Equal Weight
- Casper Sleep (CSPR) downgraded by BofA from Neutral to Underperform
- Diffusion Pharmaceuticals (DFFN) downgraded by H.C. Wainwright from Buy to Neutral
- Adient (ADNT) downgraded by BofA from Buy to Underperform
- Aptiv (APTV) downgraded by BofA from Buy to Underperform
- KAR Auction (KAR) downgraded by BofA from Neutral to Underperform
- SSP Group (SSPPF) downgraded by Morgan Stanley from Overweight to Equal Weight
- Grupo Bimbo (GRBMF) downgraded by Citi from Neutral to Sell
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