Upgrades
- Progressive (PGR) upgraded by Keefe Bruyette from Underperform to Market Perform
- Disco (DSCSY) upgraded by Goldman Sachs from Neutral to Buy
- Wolfspeed (WOLF) upgraded by Goldman Sachs from Neutral to Buy
- Altria Group (MO) upgraded by Morgan Stanley from Underweight to Equal Weight
- Air France-KLM (AFLYY) upgraded by Deutsche Bank from Sell to Hold
- Becton Dickinson (BDX) upgraded by Wells Fargo from Equal Weight to Overweight
- Cadeler (CADLF) upgraded by Pareto from Hold to Buy
- Heineken (HEINY) upgraded by Deutsche Bank from Hold to Buy
- Capita (CTAGY) upgraded by Peel Hunt from Hold to Buy
- Danske Bank (DNKEY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Sunoco LP (SUN) upgraded by Mizuho from Neutral to Buy
- Aurora Cannabis (ACB) upgraded by Cantor Fitzgerald from Neutral to Overweight
- HSBC (HSBC) upgraded by Redburn from Neutral to Buy
- Mitsui Chemicals (MITUY) upgraded by JPMorgan from Underweight to Neutral
- American Water (AWK) upgraded by Janney Montgomery Scott from Neutral to Buy
Downgrades
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- F-star Therapeutics (FSTX) downgraded by SVB Leerink from Outperform to Market Perform
- Futu Holdings (FUTU) downgraded by JPMorgan from Overweight to Neutral
- Baxter (BAX) downgraded by Wells Fargo from Overweight to Equal Weight
- H.B. Fuller (FUL) downgraded by JPMorgan from Neutral to Underweight
- Ameriprise (AMP) downgraded by Goldman Sachs from Buy to Neutral
- Kahoot (KHOTF) downgraded by DNB Markets from Buy to Hold
- Salzgitter (SZGPY) downgraded by DZ Bank from Buy to Hold
- AkzoNobel (AKZOY) downgraded by Oddo BHF from Outperform to Neutral
- Swedbank (SWDBY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Epiroc (EPOKY) downgraded by Citi from Buy to Neutral
- Rural Funds (RFNDF) downgraded by CLSA from Buy to Outperform
- Assurant (AIZ) downgraded by Piper Sandler from Overweight to Neutral
- Proximus (BGAOY) downgraded by UBS from Buy to Neutral
- Denny’s (DENN) downgraded by Wedbush from Outperform to Neutral
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