Upgrades
- Vallourec (VLOWY) upgraded by Societe Generale from Hold to Buy
- Nicolet Bankshares (ICBK) upgraded by Keefe Bruyette from Market Perform to Outperform
- Travis Perkins (TPRKY) upgraded by Deutsche Bank from Hold to Buy
- Parker-Hannifin (PH) upgraded by KeyBanc from Sector Weight to Overweight
- Accenture (ACN) upgraded by Exane BNP Paribas from Neutral to Outperform
- Tullow Oil (TUWOY) upgraded by Canaccord from Sell to Hold
- Cairn Energy (CRNCY) upgraded by Canaccord from Hold to Speculative Buy
- Virgin Money (CYBBF) upgraded by Investec from Sell to Hold
- Huntington Bancshares (HBAN) upgraded by Raymond James from Outperform to Strong Buy
- Kinross Gold (KGC) upgraded by Credit Suisse from Neutral to Outperform
- Welltower (WELL) upgraded by Scotiabank from Underperform to Sector Perform
- United Rentals (URI) upgraded by Citi from Neutral to Buy
- Stifel Financial (SF) upgraded by Wolfe Research from Underperform to Outperform
- Hibbett Sports (HIBB) upgraded by Monness Crespi from Neutral to Buy
- Target Hospitality (TH) upgraded by Oppenheimer from Perform to Outperform
Downgrades
- NexGen Energy (NXE) downgraded by RBC Capital from Outperform to Sector Perform
- Glencore (GLNCY) downgraded by Morgan Stanley from Overweight to Equal Weight
- Harmony Gold (HMY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Carvana (CVNA) downgraded by JPMorgan from Overweight to Neutral
- RPM (RPM) downgraded by JPMorgan from Neutral to Underweight
- Kering (PPRUY) downgraded by HSBC from Buy to Hold
- Burberry (BURBY) downgraded by HSBC from Buy to Hold
- Richemont (CFRUY) downgraded by HSBC from Buy to Hold
- Hurricane Energy (HRCXF) downgraded by Canaccord from Hold to Sell
- Plug Power (PLUG) downgraded by Canaccord from Buy to Hold
- LPL Financial (LPLA) downgraded by Goldman Sachs from Conviction Buy to Buy
- SmileDirectClub (SDC) downgraded by Loop Capital from Buy to Hold
- Altium (ALMFF) downgraded by Citi from Buy to Neutral
- CSL (CSLLY) downgraded by Citi from Buy to Neutral
- Suruga Bank (SUGBY) downgraded by JPMorgan from Neutral to Underweight
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