Upgrades
- Capricorn Metals (CRNLF) upgraded by Canaccord from Hold to Buy
- Jervois Global (JRVMF) upgraded by Canaccord from Speculative Buy to Buy
- Nedbank (NDBKY) upgraded by Citi from Neutral to Buy
- Sysmex (SSMXY) upgraded by Citi from Neutral to Buy
- Toyota (TM) upgraded by JPMorgan from Neutral to Overweight
- NuStar Energy (NS) upgraded by Wells Fargo from Equal Weight to Overweight
- Nurix Therapeutics (NRIX) upgraded by Wells Fargo from Equal Weight to Overweight
- Yokogawa Electric (YOKEY) upgraded by Daiwa from Neutral to Outperform
- Lion Corp. (LIOPF) upgraded by JPMorgan from Underweight to Neutral
- Medipal (MAHLY) upgraded by Citi from Neutral to Buy
- Amundi (AMDUF) upgraded by Keefe Bruyette from Market Perform to Outperform
- Mercury Systems (MRCY) upgraded by Baird from Neutral to Outperform
- China Gas Holdings (CGHLY) upgraded by Daiwa from Hold to Outperform
- Volkswagen (VWAGY) upgraded by HSBC from Hold to Buy
- Linde (LIN) upgraded by Evercore ISI from In Line to Outperform
- Dish (DISH) upgraded by Truist from Hold to Buy
- Magellan Midstream (MMP) upgraded by Wells Fargo from Equal Weight to Overweight
- Novo Nordisk (NVO) upgraded by Guggenheim from Neutral to Buy
- Aperam (APEMY) upgraded by Morgan Stanley from Equal Weight to Overweight
Downgrades
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- Rakuten (RKUNY) downgraded by Citi from Buy to Neutral
- Steel Dynamics (STLD) downgraded by Goldman Sachs from Buy to Neutral
- PubMatic (PUBM) downgraded by Jefferies from Buy to Hold
- Cheniere Energy Partners (CQP) downgraded by Wells Fargo from Equal Weight to Underweight
- Epiroc (EPOKY) downgraded by UBS from Neutral to Sell
- Terumo (TRUMY) downgraded by SMBC Nikko from Outperform to Neutral
- United Overseas Bank (UOVEY) downgraded by Daiwa from Outperform to Hold
- American Eagle (AEO) downgraded by Morgan Stanley from Equal Weight to Underweight
- NorthWestern (NWE) downgraded by BofA from Neutral to Underperform
- Essex Property Trust (ESS) downgraded by BMO Capital from Outperform to Market Perform
- Kilroy Realty (KRC) downgraded by BMO Capital from Outperform to Market Perform
- Vornado (VNO) downgraded by BMO Capital from Outperform to Market Perform
- Sunoco LP (SUN) downgraded by Wells Fargo from Equal Weight to Underweight
- IAG (ICAGY) downgraded by Morgan Stanley from Overweight to Equal Weight
- Rocket Companies (RKT) downgraded by Argus from Buy to Hold
- Dow Inc. (DOW) downgraded by Alembic Global from Overweight to Neutral
- LyondellBasell (LYB) downgraded by Alembic Global from Overweight to Neutral
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