Upgrades
- IPG Photonics (IPGP) upgraded by Stifel from Hold to Buy
- Ecolab (ECL) upgraded by JPMorgan from Underweight to Neutral
- Lasertec (LSRCF) upgraded by Credit Suisse from Neutral to Outperform
- Volaris (VLRS) upgraded by Credit Suisse from Neutral to Outperform
- Endeavour Group (EDVGF) upgraded by Credit Suisse from Underperform to Neutral
- Prada (PRDSY) upgraded by AlphaValue/Baader from Reduce to Add
- Rockwool (RKWBF) upgraded by Exane BNP Paribas from Underperform to Neutral
- Pinduoduo (PDD) upgraded by Citi from Neutral to Buy
- Neste (NTOIY) upgraded by UBS from Neutral to Buy
- Red Electrica (RDEIY) upgraded by UBS from Sell to Neutral
- Telenet (TLGHY) upgraded by Citi from Neutral to Buy
- Ceva (CEVA) upgraded by Rosenblatt from Neutral to Buy
- Macy’s (M) upgraded by Evercore ISI from In Line to Outperform
- Preferred Bank (PFBC) upgraded by Janney Montgomery Scott from Neutral to Buy
- Maybank (MLYBY) upgraded by JPMorgan from Underweight to Neutral
- Comerica (CMA) upgraded by Compass Point from Neutral to Buy
Downgrades
- Green Plains Partners (GPP) downgraded by Stifel from Buy to Hold
- Delivery Hero (DLVHF) downgraded by Deutsche Bank from Buy to Hold
- Masimo (MASI) downgraded by Piper Sandler from Overweight to Neutral
- Alps Alpine (APELY) downgraded by CLSA from Underperform to Sell
- TC Energy (TRP) downgraded by Industrial Alliance Strong Buy to Hold from
- Flughafen Zuerich (FLGZY) downgraded by BofA from Neutral to Underperform
- Absa Group (AGRPY) downgraded by HSBC from Buy to Hold
- Wix.com (WIX) downgraded by Guggenheim from Buy to Neutral
- Clearwater Paper (CLW) downgraded by RBC Capital from Outperform to Sector Perform
- CarMax (KMX) downgraded by Evercore ISI from Outperform to In Line
- Nordstrom (JWN) downgraded by Evercore ISI from Outperform to In Line
- Celanese (CE) downgraded by Piper Sandler from Overweight to Neutral
- ViacomCBS (VIAC) downgraded by BofA from Buy to Neutral
- Resonant (RESN) downgraded by Benchmark from Buy to Hold
- BAE Systems (BAESY) downgraded by Morgan Stanley from Overweight to Equal Weight
- Tisco Financial (TICSF) downgraded by JPMorgan from Overweight to Neutral
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