Upgrades
- Agco (AGCO) upgraded by Deutsche Bank from Hold to Buy
- Wells Fargo (WFC) upgraded by Keefe Bruyette from Market Perform to Outperform
- Bristol-Myers (BMY) upgraded by Goldman Sachs from Buy to Conviction Buy
- Medtronic (MDT) upgraded by Morgan Stanley from Equal Weight to Overweight
- Gazprom (OGZPY) upgraded by VTB Capital from Hold to Buy
- Glencore (GLNCY) upgraded by Exane BNP Paribas from Neutral to Outperform
- Equifax (EFX) upgraded by Atlantic Equities from Neutral to Overweight
- Exxon Mobil (XOM) upgraded by Wells Fargo from Equal Weight to Overweight
- Royal Dutch Shell (RDS.A) upgraded by Wells Fargo from Equal Weight to Overweight
- Tenet (THC) upgraded by Deutsche Bank from Hold to Buy
- Volkswagen (VWAGY) upgraded by Bernstein from Underperform to Market Perform
- Ionis Pharmaceuticals (IONS) upgraded by Cowen from Market Perform to Outperform
- Hilton (HLT) upgraded by Citi from Neutral to Buy
- Exelon (EXC) upgraded by BofA from Underperform to Neutral
- Southern Company (SO) upgraded by Scotiabank from Sector Perform to Outperform
- BankUnited (BKU) upgraded by JPMorgan from Neutral to Overweight
Downgrades
- Prada (PRDSY) downgraded by Citi from Buy to Neutral
- Johnson Controls (JCI) downgraded by Deutsche Bank from Buy to Hold
- Pluralsight (PS) downgraded by KeyBanc from Overweight to Sector Weight
- Alexion (ALXN) downgraded by Citi from Buy to Neutral
- Rayonier (RYN) downgraded by Raymond James from Outperform to Market Perform
- Intuitive Surgical (ISRG) downgraded by Morgan Stanley from Overweight to Equal Weight
- Rolls-Royce (RYCEY) downgraded by Panmure Gordon from Hold to Sell
- Meggitt (MEGGF) downgraded by Panmure Gordon from Hold to Sell
- L3Harris Technologies (LHX) downgraded by JPMorgan from Overweight to Neutral
- NuVasive (NUVA) downgraded by Wells Fargo from Equal Weight to Underweight
- Chevron (CVX) downgraded by Wells Fargo from Overweight to Equal Weight
- United Rentals (URI) downgraded by Morgan Stanley from Equal Weight to Underweight
- Avaya (AVYA) downgraded by Morgan Stanley from Overweight to Equal Weight
- Wood Group (WDGJF) downgraded by Credit Suisse from Outperform to Neutral
- Berkeley Group (BKGFY) downgraded by JPMorgan from Overweight to Neutral
- Amgen (AMGN) downgraded by Goldman Sachs from Conviction Buy to Buy
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