Upgrades
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- Triple Flag (TFPM) upgraded by BMO Capital from Market Perform to Outperform
- Scor (SCRYY) upgraded by Jefferies from Hold to Buy
- Nufarm (NFRMY) upgraded by Credit Suisse from Neutral to Outperform
- Salmar (SALRF) upgraded by DNB Markets from Hold to Buy
- Light & Wonder (LNW) upgraded by Macquarie from Neutral with Outperform
- Mazda Motor (MZDAY) upgraded by Nomura from Neutral to Buy
- AAC Technologies (AACAY) upgraded by Nomura from Neutral to Buy
- Hua Hong Semiconductor (HHUSF) upgraded by Nomura from Neutral to Buy
- Walgreens Boots Alliance (WBA) upgraded by Deutsche Bank from Hold to Buy
- Coherent (COHR) upgraded by BofA from Neutral to Buy
- Heartland Express (HTLD) upgraded by UBS from Neutral to Buy
- Schneider National (SNDR) upgraded by UBS from Neutral to Buy
- Werner (WERN) upgraded by UBS from Neutral to Buy
- Home Point Capital (HMPT) upgraded by Wedbush from Neutral to Outperform
- Brookfield (BAM) upgraded by Veritas from Sell to Reduce
- Blackstone Secured Lending (BXSL) upgraded by Janney Montgomery from Neutral to Buy
Downgrades
- Sallie Mae (SLM) downgraded by Compass Point from Buy to Neutral
- Maverix Metals (MMX) downgraded by BMO Capital from Outperform to Market Perform
- SLM Solutions (SLGRF) downgraded by Jefferies from Buy to Hold
- K+S AG (KPLUY) downgraded by Scotiabank from Sector Perform to Underperform
- GSK (GSK) downgraded by UBS from Neutral to Sell
- Nu Holdings (NU) downgraded by JPMorgan from Neutral to Underweight
- First Quantum Minerals (FQVLF) downgraded by JPMorgan from Overweight to Underweight
- Spirit AeroSystems (SPR) downgraded by BofA from Buy to Underperform
- Huntington Ingalls (HII) downgraded by BofA from Neutral to Underperform
- Lumentum (LITE) downgraded by BofA from Buy to Neutral
- Occidental Petroleum (OXY) downgraded by Piper Sandler from Overweight to Neutral
- L3Harris Technologies (LHX) downgraded by BofA from Buy to Neutral
- Six Flags (SIX) downgraded by William Blair from Outperform to Market Perform
- Intel (INTC) downgraded by Underweight from Overweight by JPMorgan
- Squarespace (SQSP) downgraded by Neutral from Overweight by JPMorgan
- AppLovin (APP) downgraded by BofA from Buy to Neutral
- Freeport-McMoRan (FCX) downgraded by Scotiabank from Outperform to Sector Perform
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