Upgrades
- Ferrari (RACE) upgraded by Kepler Cheuvreux from Reduce to Hold
- Safran (SAFRY) upgraded by Exane BNP Paribas from Neutral to Outperform
- Yara (YARIY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Megacable (MHSDF) upgraded by New Street from Reduce to Neutral
- Johnson Matthey (JMPLY) upgraded by Panmure Gordon from Hold to Buy
- Hexpol (HXPLF) upgraded by SEB Equities from Hold to Buy
- Credit Agricole (CRARY) upgraded by AlphaValue/Baader from Sell to Add
- BT Group (BTGOF) upgraded by HSBC from Reduce to Hold
- AIB Group (AIBRF) upgraded by Keefe Bruyette from Market Perform to Outperform
Downgrades
- Altria Group (MO) downgraded by Morgan Stanley from Equal Weight to Underweight
- Moody’s (MCO) downgraded by Atlantic Equities from Overweight to Neutral
- Chart Industries (GTLS) downgraded by Barclays from Overweight to Equal Weight
- Cazoo (CZOO) downgraded by Citi from Buy to Neutral
- OCI (OCINF) downgraded by Morgan Stanley from Overweight to Equal Weight
- Telefonica Brasil (VIV) downgraded by New Street from Buy to Neutral
- Dutch Bros (BROS) downgraded by JPMorgan from Overweight to Neutral
- Canopy Growth (CGC) downgraded by BMO Capital from Market Perform to Underperform
- Flex LNG (FLNG) downgraded by SEB Equities from Buy to Hold
- National Express (NXPGF) downgraded by Peel Hunt from Buy to Hold
- Target (TGT) downgraded by BofA from Buy to Neutral
- Nevada Copper (NEVDF) downgraded by RBC Capital from Outperform to Underperform
- Ascott Residence Trust (ATTRF) downgraded by Daiwa from Outperform to Hold
- Hanesbrands (HBI) downgraded by Barclays from Overweight to Equal Weight
- Kontoor Brands (KTB) downgraded by Barclays from Overweight to Equal Weight
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