Upgrades
- Northern Trust (NTRS) upgraded by Keefe Bruyette from Market Perform to Outperform
- Lithium Americas (LAC) upgraded by Deutsche Bank from Hold to Buy
- Adidas (ADDYY) upgraded by RBC Capital from Sector Perform to Outperform
- Innergex Renewable Energy (INGXF) upgraded by CIBC from Neutral to Outperformer
- Las Vegas Sands (LVS) upgraded by JPMorgan from Neutral to Overweight
- AMD (AMD) upgraded by KeyBanc from Sector Weight to Overweight
- Micro Focus (MFGP) upgraded by Jefferies from Hold to Buy
- American Airlines (AAL) upgraded by Morgan Stanley from Underweight to Equal Weight
- Flutter Entertainment (PDYPY) upgraded by Citi from Sell to Buy
- L3Harris (LHX) upgraded by Wolfe Research from Peer Perform to Outperform
- Paychex (PAYX) upgraded by Cowen from Market Perform to Outperform
- Regions Financial (RF) upgraded by Citi from Neutral to Buy
- Steven Madden (SHOO) upgraded by Loop Capital from Hold to Buy
- Workspace Group (WKPPF) upgraded by Berenberg from Sell to Hold
- T-Mobile (TMUS) upgraded by Goldman Sachs from Buy to Conviction Buy
- Harbour Energy (HBRIY) upgraded by Canaccord from Speculative Buy to Buy
Downgrades
- Wynn Resorts (WYNN) downgraded by Citi from Buy to Neutral
- Swatch Group (SWGAY) downgraded by RBC Capital from Sector Perform to Underperform
- Alcoa (AA) downgraded by Deutsche Bank from Buy to Hold
- Intel (INTC) downgraded by KeyBanc from Overweight to Sector Weight
- IBM (IBM) downgraded by UBS from Neutral to Sell
- Kimberly-Clark (KMB) downgraded by Exane BNP Paribas from Outperform to Neutral
- Shopify (SHOP) downgraded by Atlantic Equities from Overweight to Neutral
- Northrop Grumman (NOC) downgraded by Wolfe Research from Outperform to Peer Perform
- Steel Dynamics (STLD) downgraded by Wolfe Research from Peer Perform to Underperform
- U.S. Steel (X) downgraded by Wolfe Research from Peer Perform to Underperform
- Reynolds Consumer Products (REYN) downgraded by Citi from Buy to Neutral
- Verizon (VZ) downgraded by Goldman Sachs from Conviction Buy to Buy
- Lundin Mining (LUNMF) downgraded by Deutsche Bank from Buy to Hold
- American Tower (AMT) downgraded by Goldman Sachs from Buy to Neutral
- Old Dominion (ODFL) downgraded by Evercore ISI from Outperform to In Line
- NatWest Group (NWG) downgraded by Jefferies from Buy to Hold
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