Upgrades
- Yum China (YUMC) upgraded by JPMorgan from Neutral to Overweight
- Elisa (ELMUF) upgraded by Barclays from Underweight to Overweight
- Inficon (IFCNF) upgraded by Berenberg from Hold to Buy
- Schroders (SHNWF) upgraded by BofA from Underperform to Neutral
- Signify (SFFYF) upgraded by BofA from Neutral to Buy
- AstraZeneca (AZN) upgraded by Deutsche Bank from Sell to Hold
- Celanese (CE) upgraded by Deutsche Bank from Hold to Buy
- Burberry (BURBY) upgraded by RBC Capital from Sector Perform to Outperform
- Enbridge (ENB) upgraded by Wells Fargo from Underweight to Equal Weight
- OSB Group (OSBGF) upgraded by Peel Hunt from Hold to Add
- Clorox (CLX) upgraded by TD Cowen from Sell to Hold
- Technoprobe (THNBY) upgraded by Stifel from Hold to Buy
Downgrades
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- DigitalBridge (DBRG) downgraded by Keefe Bruyette from Outperform to Market Perform
- Fortis (FTS) downgraded by Raymond James from Outperform to Market Perform
- Volkswagen (VWAGY) downgraded by RBC Capital from Outperform to Sector Perform
- Cummins (CMI) downgraded by Vertical Research from Buy to Hold
- Aris Water Solutions (ARIS) downgraded by JPMorgan from Overweight to Neutral
- Portillo’s (PTLO) downgraded by Stifel from Buy to Hold
- Telia (TLSNY) downgraded by Barclays from Equal Weight to Underweight
- Myers Industries (MYE) downgraded by KeyBanc from Overweight to Sector Weight
- Choice Hotels (CHH) downgraded by Jefferies from Buy to Hold
- Cboe Global (CBOE) downgraded by Morgan Stanley from Equal Weight to Underweight
- Supermicro (SMCI) downgraded by JPMorgan from Neutral to Underweight
- Brown-Forman (BF.B) downgraded by TD Cowen from Buy to Hold
- Grocery Outlet (GO) downgraded by TD Cowen from Buy to Hold
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