Upgrades
- Aperam (APEMY) upgraded by Credit Suisse from Neutral to Outperform
- NatWest Group (RBSPF) upgraded by Barclays from Equal Weight to Overweight
- American Express (AXP) upgraded by Goldman Sachs from Neutral to Buy
- Ingersoll-Rand (IR) upgraded by Goldman Sachs from Neutral to Buy
- Bright Horizons (BFAM) upgraded by BMO Capital from Market Perform to Outperform
- Secure Energy (SECYF) upgraded by Industrial Alliance from Speculative Buy to Buy
- Sartorius AG (SARTF) upgraded by AlphaValue from Reduce to Add
- Devro (DEITF) upgraded by Peel Hunt from Hold to Buy
- Virbac (VRBCF) upgraded by Oddo BHF from Neutral to Outperform
- Principal Financial (PFG) upgraded by Credit Suisse from Neutral to Outperform
- ABB (ABB) upgraded by Deutsche Bank from Sell to Hold
- Dominion (D) upgraded by Scotiabank from Sector Perform to Outperform
- DTE Energy (DTE) upgraded by UBS from Neutral to Buy
- Hiscox (HCXLF) upgraded by JPMorgan from Neutral to Overweight
- Rexel (RXEEY) upgraded by Citi from Neutral to Buy
Downgrades
- Land Securities (LDSCY) downgraded by Jefferies from Buy to Hold
- Navient (NAVI) downgraded by Keefe Bruyette from Outperform to Market Perform
- Atotech (ATC) downgraded by Jefferies from Buy to Hold
- Limelight Networks (LLNW) downgraded by Goldman Sachs from Neutral to Sell
- WM Morrison (MRWSY) downgraded by Credit Suisse from Outperform to Neutral
- Asos (ASOMY) downgraded by BofA from Buy to Neutral
- Acerinox (ANIOY) downgraded by Credit Suisse from Outperform to Neutral
- TomTom (TMOAF) downgraded by AlphaValue from Buy to Add
- Nevro (NVRO) downgraded by Baird from Outperform to Neutral
- Virgin Galactic (SPCE) downgraded by UBS from Buy to Neutral
- Tabcorp (TACBY) downgraded by CLSA from Buy to Outperform
- Alliant Energy (LNT) downgraded by Scotiabank from Outperform to Sector Perform
- 3M (MMM) downgraded by Credit Suisse from Outperform to Neutral
- Atotech (ATC) downgraded by UBS from Buy to Neutral
- Signify NV (SFFYF) downgraded by Citi from Buy to Neutral
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