Upgrades
- Rolls-Royce (RYCEY) upgraded by JPMorgan from Neutral to Overweight
- 3M (MMM) upgraded by Barclays from Underweight to Equal Weight
- General Motors (GM) upgraded by Mizuho from Neutral to Buy
- Carvana (CVNA) upgraded by JPMorgan from Underweight to Neutral
- Stewart (STC) upgraded by BTIG from Neutral to Buy
- CNX Resources (CNX) upgraded by Truist from Hold to Buy
- BYD (BYDDF) upgraded by JPMorgan from Neutral to Overweight
- BBVA (BBVA) upgraded by Keefe Bruyette from Market Perform to Outperform
- Oneok (OKE) upgraded by BofA from Neutral to Buy
- Incyte (INCY) upgraded by Guggenheim from Neutral to Buy
- Adobe (ADBE) upgraded by KGI Securities from Neutral to Outperform
- Woolworths Group (WOLWF) upgraded by Goldman Sachs from Buy to Conviction Buy
- AIA Group (AAGIY) upgraded by Goldman Sachs from Buy to Conviction Buy
- Sony (SONY) upgraded by Goldman Sachs from Buy to Conviction Buy
Downgrades
- Frontier Developments (FRRDF) downgraded by Jefferies from Buy to Hold
- Viaplay (NENTF) downgraded by Citi from Buy to Neutral
- United Rentals (URI) downgraded by KeyBanc from Overweight to Sector Weight
- AB InBev (BUD) downgraded by Deutsche Bank from Buy to Hold
- Wizz Air (WZZZY) downgraded by Deutsche Bank from Hold to Sell
- Bayer (BAYRY) downgraded by UBS from Buy to Neutral
- Allegion (ALLE) downgraded by Barclays from Overweight to Equal Weight
- Alcon (ALC) downgraded by Morgan Stanley from Equal Weight to Underweight
- ImmunoGen (IMGN) downgraded by Barclays from Overweight to Equal Weight
- Citizens Financial (CFG) downgraded by Morgan Stanley from Overweight to Equal Weight
- Alaska Air (ALK) downgraded by Deutsche Bank from Buy to Hold
- Fisker (FSR) downgraded by Evercore ISI from Outperform to In Line
- Lululemon (LULU) downgraded by Wells Fargo from Overweight to Equal Weight
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