Upgrades
- Sodexo (SDXAY) upgraded by Barclays from Underweight to Overweight
- Pennon Group (PEGRF) upgraded by RBC Capital from Sector Perform to Outperform
- Boliden (BDNNY) upgraded by UBS from Sell to Neutral
- Nanofilm Technologies (NNFTF) upgraded by CLSA from Outperform to Buy
- Hargreaves Lansdown (HRGLY) upgraded by Jefferies from Underperform to Hold
- Tokyo Gas (TKGSY) upgraded by Daiwa from Neutral to Outperform
- Vodafone (VOD) upgraded by Oddo BHF from Neutral to Outperform
- National Grid (NGG) upgraded by Citi from Sell to Neutral
- Credicorp (BAP) upgraded by Citi from Neutral to Buy
- BNY Mellon (BK) upgraded by Citi from Neutral to Buy
- StarHub (SRHBY) upgraded by Citi from Sell to Neutral
- Domino’s Pizza (DPZ) upgraded by UBS from Neutral to Buy
- Gilead (GILD) upgraded by JPMorgan from Neutral to Overweight
- Partners Group (PGPHF) upgraded by Baader Helvea from Add to Buy
- LG Display (LPL) upgraded by Morgan Stanley from Underweight to Overweight
Downgrades
- Goodfood Market (GDDFF) downgraded by National Bank from Outperform to Sector Perform
- Manila Water (MWTCF) downgraded by JPMorgan from Overweight to Underweight
- Metro Pacific (MPCFF) downgraded by JPMorgan from Overweight to Neutral
- Paramount (PARA) downgraded by Wells Fargo from Overweight to Equal Weight
- Salmar (SALRF) downgraded by DNB Markets from Buy to Hold
- M&T Bank (MTB) downgraded by Citi from Buy to Neutral
- Melia Hotels (SMIZF) downgraded by Stifel from Hold to Sell
- Applied Genetic (AGTC) downgraded by Wells Fargo from Overweight to Equal Weight
- F45 Training (FXLV) downgraded by JPMorgan from Overweight to Neutral
- Diversey (DSEY) downgraded by Citi from Buy to Neutral
- Westlake (WLK) downgraded by Citi from Neutral to Sell
- Poshmark (POSH) downgraded by Wedbush from Outperform to Neutral
- Clene (CLNN) downgraded by Oppenheimer from Outperform to Perform
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