Upgrades
- FedEx (FDX) upgraded by Loop Capital from Hold to Buy
- WTW (WTW) upgraded by Jefferies from Hold to Buy
- Affirm (WFRM) upgraded by JMP Securities from Market Perform to Outperform
- Brinker (EAT) upgraded by Morgan Stanley from Underweight to Equal Weight
- Tradeweb Markets (TW) upgraded by Keefe Bruyette from Market Perform to Outperform
- Ares Management (ARES) upgraded by Keefe Bruyette from Market Perform to Outperform
- Kilroy Realty (KRC) upgraded by JPMorgan from Neutral to Overweight
- Federal Realty (FRT) upgraded by JPMorgan from Neutral to Overweight
- Evercore (EVR) upgraded by Keefe Bruyette from Market Perform to Outperform
- Tomra Systems (TMRAY) upgraded by Pareto from Sell to Buy
- State Street (STT) upgraded by JPMorgan from Underweight to Neutral
- Brookline Bancorp (BRKL) upgraded by Raymond James from Market Perform to Strong Buy
- BlackBerry (BB) upgraded by TD Securities from Hold to Buy
Downgrades
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- SoftBank Group (SFTBY) downgraded by Jefferies from Buy to Hold
- Exelixis (EXEL) downgraded by BMO Capital from Outperform to Market Perform
- TeamViewer (TMVWY) downgraded by Goldman Sachs from Buy to Neutral
- Nel (NLLSF) downgraded by Goldman Sachs from Buy to Neutral
- Biogen (BIIB) downgraded by BMO Capital from Outperform to Market Perform
- Merck (MRK) downgraded by BMO Capital from Outperform to Market Perform
- Kimco Realty (KIM) downgraded by JPMorgan from Overweight to Neutral
- Healthcare Realty Trust (HR) downgraded by JPMorgan from Overweight to Neutral
- Lazard (LAZ) downgraded by Keefe Bruyette from Outperform to Market Perform
- Nike (NKE) downgraded by Telsey Advisory from Outperform to Market Perform
- Lamb Weston (LW) downgraded by Citi from Buy to Neutral
- Cabaletta Bio (CABA) downgraded by Evercore ISI from Outperform to In Line
- Lennar (LEN) downgraded by BTIG from Buy to Neutral
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