Upgrades
- Hong Kong Exchanges (HKXCY) upgraded by Goldman Sachs from Sell to Neutral
- MTY Food Group (MTYFF) upgraded by National Bank from Sector Perform to Outperform
- TriState Capital (TSC) upgraded by B. Riley from Neutral to Buy
- Cheesecake Factory (CAKE) upgraded by Raymond James from Market Perform to Outperform
- Brinker (EAT) upgraded by Raymond James from Market Perform to Outperform
- Hays (HAYPF) upgraded by RBC Capital from Sector Perform to Outperform
- Heineken (HEINY) upgraded by JPMorgan from Neutral to Overweight
- Alstom (ALSMY) upgraded by Redburn from Neutral to Buy
- Greenbrier (GBX) upgraded by BofA from Underperform to Buy
- Invesco (IVZ) upgraded by Citi from Neutral to Buy
- Heska (HSKA) upgraded by Guggenheim from Neutral to Buy
- Ingersoll-Rand (IR) upgraded by Wolfe Research from Peer Perform to Outperform
- Fortive (FTV) upgraded by Wolfe Research from Peer Perform to Outperform
- Ryanair (RYAAY) upgraded by Evercore ISI from In Line to Outperform
- Park Hotels & Resorts (PK) upgraded by Evercore ISI from In Line to Outperform
- Travelers (TRV) upgraded by Morgan Stanley from Underweight to Equal Weight
Downgrades
- Artisan Partners (APAM) downgraded by Keefe Bruyette from Outperform to Market Perform
- Rocket Companies (RKT) downgraded by Jefferies from Buy to Hold
- Empire State Realty (ESRT) downgraded by BMO Capital from Outperform to Market Perform
- Randstad (RANJY) downgraded by RBC Capital from Outperform to Sector Perform
- Imperial Holdings (IHLDY) downgraded by HSBC from Buy to Hold
- Charter (CHTR) downgraded by Bernstein from Outperform to Market Perform
- Lasertec (LSRCY) downgraded by Goldman Sachs from Buy to Neutral
- Advantest (ATEYY) downgraded by Goldman Sachs from Buy to Neutral
- Clover Health (CLOV) downgraded by JPMorgan from Neutral to Underweight
- ShockWave Medical (SWAV) downgraded by BofA from Buy to Neutral
- 3M (MMM) downgraded by Wolfe Research from Peer Perform to Underperform
- Watsco (WSO) downgraded by Wolfe Research from Peer Perform to Underperform
- United Airlines (UAL) downgraded by Evercore ISI from Outperform to In Line
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