Upgrades
- StoneCo (STNE) upgraded by Goldman Sachs from Sell to Neutral
- BioXcel Therapeutics (BTAI) upgraded by Goldman Sachs from Sell to Neutral
- Essity (ETTYF) upgraded by JPMorgan from Underweight to Neutral
- L’Oreal (LRLCY) upgraded by Citi from Sell to Neutral
- Cellnex Telecom (CLLNY) upgraded by UBS from Neutral to Buy
- Royal Bank of Canada (RY) upgraded by Keefe Bruyette to Market Perform
- Pentair (PNR) upgraded by Barclays from Equal Weight to Overweight
- Navient (NAVI) upgraded by Morgan Stanley from Underweight to Equal Weight
- Lennox (LII) upgraded by Wells Fargo from Equal Weight to Overweight
- Vantage Towers (VTWRF) upgraded by JPMorgan from Underweight to Neutral
- SpartanNash (SPTN) upgraded by Northcoast from Neutral to Buy
- Tencent Music (TME) upgraded by Morgan Stanley from Equal Weight to Overweight
- Element Fleet (ELEEF) upgraded by Raymond James from Outperform to Strong Buy
Downgrades
- Khiron Life (KHRNF) downgraded by Mackie Research Capital from Speculative Buy to Hold
- Oncorus (ONCR) downgraded by Piper Sandler from Overweight to Neutral
- PagSeguro Digital (PAGS) downgraded by Goldman Sachs from Neutral to Sell
- Cofinimmo (CFMOF) downgraded by Barclays from Overweight to Underweight
- L’Oreal (LRLCY) downgraded by JPMorgan from Overweight to Neutral
- Pearson (PSO) downgraded by Exane BNP Paribas from Outperform to Neutral
- Thomson Reuters (TRI) downgraded by Exane BNP Paribas from Neutral to Underperform
- Otis Worldwide (OTIS) downgraded by Barclays from Overweight to Equal Weight
- Capital One (COF) downgraded by Morgan Stanley from Equal Weight to Underweight
- Synchrony (SYF) downgraded by Morgan Stanley from Equal Weight to Underweight
- Ally Financial (ALLY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Victoria’s Secret (VSCO) downgraded by JPMorgan from Overweight to Neutral
- Crowdstrike (CRWD) downgraded by Wolfe Research from Outperform to Peer Perform
- Hubbell (HUBB) downgraded by Wolfe Research from Peer Perform to Underperform
- Sirius XM (SIRI) downgraded by Citi from Buy to Sell
- Zebra Technologies (ZBRA) downgraded by Wolfe Research from Peer Perform to Underperform
- Leslie’s (LESL) downgraded by Stifel from Buy to Hold
- Liberty Global (LBTYA) downgraded by JPMorgan from Overweight to Neutral
- B&G Foods (BGS) downgraded by Consumer Edge from Equal Weight to Underweight
- U.S. Bancorp (USB) downgraded by Wolfe Research from Outperform to Peer Perform
- Allianz (ALIZY) downgraded by Exane BNP Paribas from Outperform to Neutral
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