Upgrades
- Occidental Petroleum (OXY) upgraded by Goldman Sachs from Neutral to Buy
- Banco do Brasil (BDORY) upgraded by JPMorgan from Neutral to Overweight
- Pick n Pay Stores (PKPYY) upgraded by HSBC from Reduce to Hold
- easyJet (ESYJY) upgraded by Deutsche Bank from Sell to Buy
- FIS (FIS) upgraded by Morgan Stanley from Equal Weight to Overweight
- ArcelorMittal (MT) upgraded by Grupo Santander from Neutral to Outperform
- Elekta (EKTAY) upgraded by AlphaValue/Baader from Add to Buy
- Equinor (EQNR) upgraded by Exane BNP Paribas from Underperform to Neutral
- Yamaguchi Financial (YFGSF) upgraded by Daiwa from Neutral to Outperform
- Sonoco Products (SON) upgraded by Argus from Hold to Buy
- Indie Semiconductor (INDI) upgraded by B. Riley from Neutral to Buy
Downgrades
- InterContinental (IHG) downgraded by UBS from Buy to Neutral
- Neste (NTOIY) downgraded by UBS from Buy to Neutral
- Newmont (NEM) downgraded by UBS from Buy to Neutral
- Rockwool (RKWBF) downgraded by Handelsbanken from Buy to Hold
- Adidas (ADDYY) downgraded by DZ Bank from Buy to Hold
- CaixaBank (CAIXY) downgraded by Kepler Cheuvreux from Hold to Reduce
- First Solar (FSLR) downgraded by Evercore ISI from Outperform to In Line
- Take-Two (TTWO) downgraded by DZ Bank from Buy to Hold
- Emerson Electric (EMR) downgraded by Argus from Buy to Hold
- Lyft (LYFT) downgraded by BTIG from Buy to Neutral
- Lyft (LYFT) downgraded by Argus from Buy to Hold
- Frequency Therapeutics (FREQ) downgraded by Oppenheimer from Outperform to Perform
- Encore Capital (ECPG) downgraded by Northland from Outperform to Market Perform
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