Upgrades
- Pentair (PNR) upgraded by RBC Capital from Sector Perform to Outperform
- Twilio (TWLO) upgraded by Piper Sandler from Neutral to Overweight
- Live Nation (LYV) upgraded by Roth MKM from Neutral to Buy
- Carlsberg (CABGY) upgraded by Exane BNP Paribas from Neutral to Outperform
- Cleveland-Cliffs (CLF) upgraded by JPMorgan from Neutral to Overweight
- IFF (IFF) upgraded by Jefferies from Hold to Buy
- Taylor Morrison (TMHC) upgraded by RBC Capital from Sector Perform to Outperform
- Autoliv (ALV) upgraded by Berenberg from Hold to Buy
- Regeneron (REGN) upgraded by RBC Capital from Sector Perform to Outperform
- Qualcomm (QCOM) upgraded by Citi from Neutral to Buy
- Chesapeake (CHK) upgraded by Mizuho from Neutral to Buy
Downgrades
- Johnson Controls (JCI) downgraded by RBC Capital from Sector Perform to Underperform
- Elastic (ESTC) downgraded by Barclays from Overweight to Equal Weight
- Snowflake (SNOW) downgraded by Barclays from Overweight to Equal Weight
- ZoomInfo (ZI) downgraded by Barclays from Overweight to Equal Weight
- Wacker Chemie (WKCMF) downgraded by Morgan Stanley from Overweight to Equal Weight
- AB InBev (BUD) downgraded by Exane BNP Paribas from Outperform to Neutral
- Diageo (DEO) downgraded by Exane BNP Paribas from Neutral to Underperform
- Outset Medical (OM) downgraded by RBC Capital from Outperform to Sector Perform
- Champion Iron (CIAFF) downgraded by Canaccord from Buy to Hold
- Vulcan Materials (VMC) downgraded by RBC Capital from Outperform to Sector Perform
- Summit Materials (SUM) downgraded by RBC Capital from Outperform to Sector Perform
- Barnes & Noble Education (BNED) downgraded by Needham from Buy to Hold
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