Upgrades
- Severn Trent (STRNY) upgraded by Barclays from Equal Weight to Overweight
- Solaria Energia (SEYMF) upgraded by Barclays from Underweight to Overweight
- Elisa (ELMUF) upgraded by HSBC from Reduce to Hold
- DigitalBridge (DBRG) upgraded by JPMorgan from Neutral to Overweight
- Huntington Ingalls (HII) upgraded by JPMorgan from Neutral to Overweight
- Redfin (RDFN) upgraded by DA Davidson from Underperform to Neutral
- Talanx (TNXXF) upgraded by Berenberg from Hold to Buy
- Billerud (BLRDF) upgraded by SEB Equities from Hold to Buy
- Tractor Supply (TSCO) upgraded by DA Davidson from Neutral to Buy
- MTU Aero Engines (MTUAY) upgraded by UBS from Neutral to Buy
- Essential Utilities (WTRG) upgraded by Northcoast from Neutral to Buy
- Nemak (NMAKF) upgraded by Scotiabank from Sector Perform to Outperform
Downgrades
- NextEra Energy Partners (NEP) downgraded by Oppenheimer from Outperform to Perform
- Oshkosh (OSK) downgraded by KeyBanc from Overweight to Sector Weight
- Terex (TEX) downgraded by KeyBanc from Overweight to Sector Weight
- Naturgy Energy (GASNY) downgraded by Barclays from Equal Weight to Underweight
- United Utilities (UUGRY) downgraded by Barclays from Overweight to Equal Weight
- NextEra Energy Partners (NEP) downgraded by JPMorgan from Overweight to Neutral
- Agora (API) downgraded by Morgan Stanley from Overweight to Equal Weight
- Spar Group Limited (SGPPF) downgraded by Citi from Buy to Neutral
- North American Construction (NOA) downgraded by TD Securities from Buy to Hold
- Trican Well Service (TOLWF) downgraded by TD Securities from Buy to Hold
- Suncor (SU) downgraded by TD Securities from Buy to Hold
- Crew Energy (CWEGF) downgraded by TD Securities from Buy to Hold
- Spotify (SPOT) downgraded by Monness Crespi from Buy to Neutral
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