Upgrades
- FibroGen (FGEN) upgraded by William Blair from Market Perform to Outperform
- Sixt (SIXGF) upgraded by Jefferies from Hold to Buy
- EFG International (EFGXY) upgraded by Citi from Sell to Neutral
- Phoenix Group (PNXGF) upgraded by Peel Hunt from Hold to Add
- Taylor Wimpey (TWODF) upgraded by Morgan Stanley from Underweight to Equal Weight
- Compass Group (CMPGY) upgraded by HSBC from Hold to Buy
- Diageo (DEO) upgraded by Investec from Hold to Buy
- Elekta (EKTAY) upgraded by Nordea from Hold to Buy
- Television Francaise 1 (TVFCF) upgraded by Barclays from Underweight to Equal Weight
- LyondellBasell (LYB) upgraded by Atlantic Equities from Neutral to Overweight
- New Fortress Energy (NFE) upgraded by BTIG from Neutral to Buy
- BAE Systems (BAESY) upgraded by UBS from Neutral to Buy
- Williams (WMB) upgraded by US Capital Advisors from Hold to Overweight
- Silvercorp Metals (SVM) upgraded by Raymond James from Market Perform to Outperform
- Telefonica Brasil (VIV) upgraded by UBS from Neutral to Buy
Downgrades
- Nu Skin (NUS) downgraded by Jefferies from Buy to Hold
- WWE (WWE) downgraded by Wolfe Research from Outperform to Peer Perform
- Invitae (NVTA) downgraded by Goldman Sachs from Neutral to Sell
- Legal & General (LGGNY) downgraded by Berenberg from Buy to Hold
- Berkeley Group (BKGFY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Autoliv (ALV) downgraded by Nordea from Buy to Sell
- Electrolux Professional (ECTXF) downgraded by SEB Equities from Buy to Hold
- Restaurant Group (RSTGF) downgraded by HSBC from Buy to Hold
- Hapag-Lloyd (HPGLY) downgraded by Kepler Cheuvreux from Hold to Reduce
- Ubisoft (UBSFY) downgraded by Jefferies from Buy to Underperform
- Porsche AG (DRPRF) downgraded by Grupo Santander from Outperform to Neutral
- Bank of America (BAC) downgraded by Atlantic Equities from Overweight to Neutral
- Eastern Bankshares (EBC) downgraded by JPMorgan from Neutral to Underweight
- Paramount (PARA) downgraded by Macquarie from Neutral to Underperform
- Airbus (EADSY) downgraded by UBS from Buy to Sell
- Nokia (NOK) downgraded by UBS from Buy to Neutral
- Crestwood Equity (CEQP) downgraded by US Capital Advisors from Buy to Hold
- Edwards Lifesciences (EW) downgraded by Bernstein from Outperform to Underperform
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