Upgrades
- Biomea Fusion (BMEA) upgraded by Rodman & Renshaw from Neutral to Buy
- Wynn Resorts (WYNN) upgraded by Morgan Stanley from Equal Weight to Overweight
- Sands China (SCHYY) upgraded by Morgan Stanley from Equal Weight to Overweight
- CA Immobilien Anlagen (CAIAF) upgraded by Kepler Cheuvreux from Reduce to Buy
- Lottomatica (LTMGF) upgraded by Redburn Atlantic from Neutral to Buy
- Universal Music Group (UMGNF) upgraded by Kepler Cheuvreux from Reduce to Hold
- Merdeka Copper (PMCGF) upgraded by JPMorgan from Underweight to Overweight
- Cranswick (CRWKF) upgraded by Peel Hunt from Hold to Add
- Biomea Fusion (BMEA) upgraded by Truist from Hold to Buy
- Hexagon Purus (HPURF) upgraded by DNB Markets from Hold to Buy
- Vista Energy (VIST) upgraded by UBS from Neutral to Buy
- Certara (CERT) upgraded by UBS from Neutral to Buy
Downgrades
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- SJM Holdings (SJMHY) double-downgraded by Citi from Buy to Sell
- Bumble (BMBL) downgraded by KeyBanc from Overweight to Sector Weight
- Rolls-Royce (RYCEY) downgraded by Kepler Cheuvreux from Buy to Hold
- Ubisoft (UBSFY) downgraded by HSBC from Buy to Hold
- Volution Group (VLUTF) downgraded by Peel Hunt from Buy to Hold
- Atea (ATAZF) downgraded by DNB Markets from Buy to Hold
- Dollar General (DG) downgraded by Citi from Neutral to Sell
- Medpace (MEDP) downgraded by UBS from Buy to Neutral
- Summit Therapeutics (SMMT) downgraded by Citi from Buy to Neutral
- Ardmore (ASC) downgraded by Fearnley to Hold
- HP Inc. (HPQ) downgraded by BofA from Buy to Neutral
- Agios Pharmaceuticals (AGIO) downgraded by Leerink from Outperform to Market Perform
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