Upgrades
- Federal Realty (FRT) upgraded by Citi from Neutral to Buy
- Sabra Health Care (SBRA) upgraded by Citi from Neutral to Buy
- Medical Properties Trust (MPW) upgraded by Colliers from Neutral to Buy
- Fresenius SE (FSNUY) upgraded by JPMorgan from Neutral to Overweight
- BASF (BASFY) upgraded by Jefferies from Underperform to Hold
- Roche (RHHBY) upgraded by BofA from Neutral to Buy
- Boliden (BDNNY) upgraded by UBS from Sell to Neutral
- Xenia Hotels (XHR) upgraded by Wells Fargo from Equal Weight to Overweight
- Sunstone Hotel (SHO) upgraded by Wells Fargo from Underweight to Equal Weight
- Borr Drilling (BORR) upgraded by Evercore ISI from In Line to Outperform
- Pola Orbis (PORBF) upgraded by Morgan Stanley from Underweight to Equal Weight
Downgrades
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- Alexandria Real Estate (ARE) downgraded by Citi from Buy to Neutral
- AstraZeneca (AZN) downgraded by Deutsche Bank from Hold to Sell
- Moderna (MRNA) downgraded by Jefferies from Buy to Hold
- GAP Airports (PAC) downgraded by Grupo Santander from Outperform to Neutral
- Henkel (HENKY) downgraded by Jefferies from Buy to Hold
- Danone (DANOY) downgraded by Jefferies from Buy to Hold
- Roche (RHHBY) downgraded by Deutsche Bank from Hold to Sell
- Garmin (GRMN) downgraded by Barclays from Equal Weight to Underweight
- Halliburton (HAL) downgraded by RBC Capital from Outperform to Sector Perform
- Moderna (MRNA) downgraded by JPMorgan from Neutral to Underweight
- CubeSmart (CUBE) downgraded by UBS from Buy to Neutral
- Voya Financial (VOYA) downgraded by Raymond James from Strong Buy to Market Perform
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