Upgrades
- Azelis (AZLGF) upgraded by Goldman Sachs from Neutral to Buy
- Krones (KRNTY) upgraded by Deutsche Bank from Hold to Buy
- Okta (OKTA) upgraded by Piper Sandler from Neutral to Overweight
- Public Storage (PSA) upgraded by Raymond James from Outperform to Strong Buy
- CubeSmart (CUBE) upgraded by Raymond James from Market Perform to Outperform
- eBay (EBAY) upgraded by UBS from Neutral to Buy
- Valeo (VLEEY) upgraded by Barclays from Equal Weight to Overweight
- Johnson Matthey (JMPLY) upgraded by Stifel from Hold to Buy
- United Utilities (UUGRY) upgraded by AlphaValue/Baader from Sell to Reduce
- JinkoSolar (JKS) upgraded by CICC from Market Perform to Outperform
- Aegon (AEG) upgraded by UBS from Sell to Neutral
- Argenx (ARGX) upgraded by Kepler Cheuvreux from Hold to Buy
- Autoliv (ALV) upgraded by Wolfe Research from Peer Perform to Outperform
- Graco (GGG) upgraded by William Blair from Market Perform to Outperform
- Hyatt (H) upgraded by Loop Capital from Hold to Buy
Downgrades
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- Eurofins Scientific (ERFSF) downgraded by Goldman Sachs from Buy to Neutral
- BeyondSpring (BYSI) downgraded by BofA from Buy to Underperform
- Michelin (MGDDY) downgraded by Barclays from Overweight to Equal Weight
- Continental AG (CTTAY) downgraded by Barclays from Equal Weight to Underweight
- Expeditors (EXPD) downgraded by Morgan Stanley from Equal Weight to Underweight
- U.S. Xpress (USX) downgraded by Morgan Stanley from Overweight to Equal Weight
- Pinterest (PINS) downgraded by UBS from Buy to Neutral
- ING Groep (ING) downgraded by RBC Capital from Outperform to Sector Perform
- Drax Group (DRXGF) downgraded by Citi from Buy to Neutral
- Baozun (BZUN) downgraded by CLSA from Buy to Outperform
- Choice Hotels (CHH) downgraded by Loop Capital from Buy to Hold
- Waterdrop (WDH) downgraded by CLSA from Buy to Outperform
- Hibbett Sports (HIBB) downgraded by BofA from Buy to Neutral
- Ford (F) downgraded by Wolfe Research from Outperform to Peer Perform
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