Upgrades
- Mercedes-Benz (MBGYY) upgraded by Jefferies from Hold to Buy
- Hims & Hers (HIMS) upgraded by Imperial Capital from In-Line to Outperform
- American Axle (AXL) upgraded by UBS from Sell to Neutral
- LendingTree (TREE) upgraded by Keefe Bruyette from Market Perform to Outperform
- J.M. Smucker (SJM) upgraded by Stifel from Hold to Buy
- Jackson Financial (JXN) upgraded by Keefe Bruyette from Market Perform to Outperform
- Constellation Energy (CEG) upgraded by KeyBanc from Sector Weight to Overweight
- Nuveen Churchill (NCDL) upgraded by JMP Securities from Market Perform to Outperform
- Bright Horizons (BFAM) upgraded by Barclays from Equal Weight to Overweight
- Ecolab (ECL) upgraded by Barclays from Equal Weight to Overweight
- Millicom (TIGO) upgraded by HSBC from Hold to Buy
- Essex Property Trust (ESS) upgraded by Mizuho from Neutral to Buy
Downgrades
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- R1 RCM (RCM) downgraded by Evercore ISI from Outperform to In Line
- Installed Building Products (IBP) downgraded by JPMorgan from Overweight to Neutral
- Vestis (VSTS) downgraded by Barclays from Equal Weight to Underweight
- American Electric (AEP) downgraded by Barclays from Overweight to Equal Weight
- Stellantis (STLA) downgraded by Bernstein from Outperform to Market Perform
- Sterling Infrastructure (STRL) downgraded by DA Davidson from Buy to Neutral
- Vizio (VZIO) downgraded by Piper Sandler from Overweight to Neutral
- Worldline (WRDLY) downgraded by Oddo BHF from Outperform to Neutral
- BNP Paribas (BNPQY) downgraded by Redburn Atlantic from Buy to Neutral
- Integral Ad Science (IAS) downgraded by Raymond James from Strong Buy to Outperform
- Cleveland-Cliffs (CLF) downgraded by Exane BNP Paribas from Neutral to Underperform
- Kinsale Capital (KNSL) downgraded by BMO Capital from Outperform to Market Perform
- Apartment Income REIT (AIRC) downgraded by Mizuho from Buy to Neutral
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