Upgrades
- Chevron (CVX) upgraded by JPMorgan from Underweight to Neutral
- Xylem (XYL) upgraded by Baird from Neutral to Outperform
- J D Wetherspoon (JDWPF) upgraded by HSBC from Hold to Buy
- Mitchells & Butlers (MBPFF) upgraded by HSBC from Hold to Buy
- Avis Budget (CAR) upgraded by Deutsche Bank from Hold to Buy
- Q2 Holdings (QTWO) upgraded by BTIG from Neutral to Buy
- Akebia (AKBA) upgraded by Piper Sandler from Neutral to Overweight
- Carisma Therapeutics (CARM) upgraded by Jefferies from Hold at Buy
- CKD Corp (CKDOF) upgraded by Jefferies from Hold to Buy
- Lenovo (LNVGY) upgraded by Goldman Sachs from Neutral to Buy
Downgrades
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- BRF S.A. (BRFS) downgraded by Goldman Sachs from Neutral to Sell
- TIS Inc. (TISNF) downgraded by Goldman Sachs from Buy to Neutral
- Ambarella (AMBA) downgraded by KeyBanc from Overweight to Sector Weight
- Merdeka Copper (PMCGF) downgraded by JPMorgan from Overweight to Neutral
- Tele2 (TLTZY) downgraded by UBS from Buy to Neutral
- PDC Energy (PDCE) downgraded by Seaport Research from Buy to Neutral
- GreenLight Bioscences (GRNA) downgraded by Canaccord from Buy to Hold
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