Upgrades
- Klepierre (KLPEF) upgraded by Goldman Sachs from Neutral to Buy
- Knight-Swift (KNX) upgraded by Evercore ISI from In Line to Outperform
- Champion Iron (CIAFF) upgraded by Goldman Sachs from Neutral to Buy
- JPMorgan (JPM) upgraded by Citi from Neutral to Buy
- DCP Midstream (DCP) upgraded by RBC Capital from Sector Perform to Outperform
- Shell (SHEL) upgraded by ING Bank from Hold to Buy
- Andlauer Healthcare (ANDHF) upgraded by National Bank from Sector Perform to Outperform
- Glaukos (GKOS) upgraded by Stifel from Hold to Buy
- Sherwin-Williams (SHW) upgraded by Northcoast from Neutral to Buy
- Blackstone Secured (BXSL) upgraded by Compass Point from Neutral to Buy
- Herbalife Nutrition (HLF) upgraded by Jefferies from Hold to Buy
- Southwest (LUV) upgraded by Susquehanna from Neutral to Positive
- Air Canada (ACDVF) upgraded by Canaccord from Hold to Buy
Downgrades
- JD.com (JD) downgraded by Goldman Sachs from Conviction Buy to Buy
- Tencent (TCEHY) downgraded by Goldman Sachs from Conviction Buy to Buy
- Oz Minerals (OZMLF) downgraded by Goldman Sachs from Buy to Neutral
- Hammerson (HMSNF) downgraded by RBC Capital from Sector Perform to Underperform
- Land Securities (LDSCY) downgraded by RBC Capital from Outperform to Sector Perform
- Lennar (LEN) downgraded by JPMorgan from Overweight to Neutral
- Norfolk Southern (NSC) downgraded by JPMorgan from Overweight to Neutral
- Union Pacific (UNP) downgraded by JPMorgan from Overweight to Neutral
- Regions Financial (RF) downgraded by Citi from Buy to Neutral
- RenaissanceRe (RNR) downgraded by Jefferies from Buy to Hold
- Arkema (ARKAY) downgraded by JPMorgan from Neutral to Underweight
- Capital One (COF) downgraded by Oppenheimer from Outperform to Perform
- Gap (GPS) downgraded by Wells Fargo from Overweight to Equal Weight
- American Express (AXP) downgraded by Morgan Stanley from Overweight to Equal Weight
- Duolingo (DUOL) downgraded by KeyBanc from Overweight to Sector Weight
- Old Dominion (ODFL) downgraded by Wolfe Research from Peer Perform to Underperform
- Epiroc (EPOKY) downgraded by Societe Generale from Hold to Sell
- JetBlue (JBLU) downgraded by Susquehanna from Positive to Neutral
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