Upgrades
- Segro (SEGXF) upgraded by Jefferies from Hold to Buy
- Boliden (BDNNY) upgraded by RBC Capital from Sector Perform to Outperform
- New Oriental Education (EDU) upgraded by BofA from Neutral to Buy
- Beneteau (BTEAF) upgraded by Societe Generale from Hold to Buy
- Circassia Group (CSSPF) upgraded by Peel Hunt from Hold to Add
- Northrop Grumman (NOC) upgraded by Baird from Neutral to Outperform
- Vestas Wind (VWDRY) upgraded by HSBC from Reduce to Hold
- Alerus Financial (ALRS) upgraded by Hovde Group from Market Perform to Outperform
- ExlService (EXLS) upgraded by Needham from Hold to Buy
- Carrefour (CRRFY) upgraded by Bernstein from Underperform to Market Perform
- Sandvik (SDVKY) upgraded by UBS from Sell to Neutral
- MAA (MAA) upgraded by JMP Securities from Market Perform to Outperform
- NOV Inc. (NOV) upgraded by BofA from Underperform to Neutral
- Hapag-Lloyd (HPGLY) upgraded by HSBC from Reduce to Hold
- First Solar (FSLR) upgraded by Oppenheimer from Perform to Outperform
- ExlService (EXLS) upgraded by Needham from Hold to Buy
Downgrades
- Argenx (ARGX) downgraded by Baird from Outperform to Neutral
- Spirit Airlines (SAVE) downgraded by JPMorgan from Overweight to Underweight
- Stanley Black & Decker (SWK) downgraded by Wolfe Research from Outperform to Peer Perform
- Adidas (ADDYY) downgraded by UBS from Buy to Neutral
- Comcast (CMCSA) downgraded by JPMorgan from Overweight to Neutral
- Teleflex (TFX) downgraded by Wells Fargo from Overweight to Equal Weight
- Meta Platforms (META) downgraded by DZ Bank from Hold to Sell
- Qualcomm (QCOM) downgraded by DZ Bank from Buy to Hold
- Moneysupermarket.com (MNSKY) downgraded by Liberum from Buy to Hold
- Intel (INTC) downgraded by Baird from Outperform to Neutral
- Roku (ROKU) downgraded by Evercore ISI from Outperform to In Line
- Fresenius Medical (FMS) downgraded by UBS from Buy to Neutral
- Swedbank (SWDBY) downgraded by Deutsche Bank from Buy to Hold
- Floor & Decor (FND) downgraded by Piper Sandler from Overweight to Neutral
- Wingstop (WING) downgraded by Stifel from Buy to Hold
- Coursera (COUR) downgraded by UBS from Buy to Neutral
- Edwards Lifesciences (EW) downgraded by Canaccord from Buy to Hold
- Avaya (AVYA) downgraded by Craig-Hallum from Buy to Hold
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