Upgrades
- Principal Financial (PFG) upgraded to Market Perform by Keefe Bruyette
- Trip.com Group (TCOM) upgraded by China Renaissance from Hold to Buy
- Hammerson (HMSNF) upgraded by Barclays from Underweight to Overweight
- Hysan Development (HYSNY) upgraded by JPMorgan from Underweight to Overweight
- Aegon (AEG) upgraded by HSBC from Hold to Buy
- Equity Residential (EQR) upgraded by Piper Sandler from Underweight to Neutral
- Corning (GLW) upgraded by Morgan Stanley from Equal Weight to Overweight
- DocMorris (ZRSEF) upgraded by HSBC from Hold to Buy
- B&M European Value Retail (BMRRY) upgraded by Stifel from Hold to Buy
- Adobe (ADBE) upgraded by Wells Fargo from Equal Weight to Overweight
- Repare Therapeutics (RPTX) upgraded by Stifel from Hold to Buy
- Vertiv Holdings (VRT) upgraded by Vertical Research from Hold to Buy
Downgrades
- Welcia (WLCGF) downgraded by Goldman Sachs from Buy to Neutral
- Mayville Engineering (MEC) downgraded by Baird from Outperform to Neutral
- Chervon (CVX) downgraded by HSBC from Buy to Hold
- First Northwest (FNWB) downgraded by Piper Sandler from Overweight to Neutral
- Qualys (QLYS) downgraded by Piper Sandler from Neutral to Underweight
- Oxford Nanopore (ONTTF) downgraded by Peel Hunt from Reduce to Sell
- Chemring Group (CMGMY) downgraded by Panmure Gordon from Buy to Hold
- Shop Apotheke (SAEYY) downgraded by HSBC from Hold to Reduce
- Target (TGT) downgraded by Citi from Buy to Neutral
- Park Hotels & Resorts (PK) downgraded by Evercore ISI from Outperform to In Line
- Celanese (CE) downgraded by Vertical Research from Buy to Hold
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