Upgrades
- Uber (UBER) upgraded by Raymond James from Market Perform to Outperform
- Apollo Investment (AINV) upgraded by Wells Fargo from Equal Weight to Overweight
- DBV Technologies (DBVT) upgraded by Kepler Cheuvreux from Hold to Buy
- Swiss Re (SSREY) upgraded by DZ Bank from Hold to Buy
- Clearwater Paper (CLW) upgraded by RBC Capital from Sector Perform to Outperform
- BAE Systems (BAESY) upgraded by JPMorgan from Neutral to Overweight
- Sealed Air (SEE) upgraded by RBC Capital from Sector Perform to Outperform
- NatWest Group (NWG) upgraded by AlphaValue/Baader from Sell to Reduce
- Sixt (SIXGF) upgraded by Baader Helvea from Reduce to Add
- Mosaic (MOS) upgraded by Citi from Neutral to Buy
- CF Industries (CF) upgraded by Citi from Neutral to Buy
- Atlas Air (AAWW) upgraded by Wolfe Research from Underperform to Peer Perform
- Cognex (CGNX) upgraded by Bernstein from Market Perform to Outperform
- Xylem (XYL) upgraded by Credit Suisse from Underperform to Neutral
- Coca-Cola Europacific Partners (CCEP) upgraded by UBS from Neutral to Buy
- Bankinter (BKIMF) upgraded by Citi from Neutral to Buy
- PayPal (PYPL) upgraded by SMBC Nikko from Underperform to Neutral
- AMD (AMD) upgraded by KGI Securities from Neutral to Outperform
Downgrades
- Credit Suisse (CS) downgraded by Goldman Sachs from Neutral to Sell
- Cowen Group (COWN) downgraded by Keefe Bruyette from Outperform to Market Perform
- Ascential (AIAPF) downgraded by Berenberg from Buy to Hold
- Xinyi Glass (XYIGF) downgraded by Daiwa from Buy to Outperform
- Hydrofarm (HYFM) downgraded by JPMorgan from Overweight to Neutral
- Harmony Biosciences (HRMY) downgraded by Jefferies from Buy to Hold
- Esperion (ESPR) downgraded by Credit Suisse from Neutral to Underperform
- Knowles (KN) downgraded by Roth Capital from Buy to Neutral
- Kingfisher (KGFHY) downgraded by Societe Generale from Hold to Sell
- Centrica (CPYYY) downgraded by Citi from Buy to Neutral
- Caterpillar (CAT) downgraded by Bernstein from Outperform to Market Perform
- Incyte (INCY) downgraded by Guggenheim from Buy to Neutral
- First Commonwealth (FCF) downgraded by Stephens from Overweight to Equal Weight
- Cognex (CGNX) downgraded by Stephens from Overweight to Equal Weight
- Sierra Wireless (SWIR) downgraded by Canaccord from Buy to Hold
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