Upgrades
- China Shenhua Energy (CSUAY) upgraded by Goldman Sachs from Sell to Neutral
- Empire State Realty (ESRT) upgraded by Wolfe Research from Peer Perform to Outperform
- Shaftesbury Capital (CCPPF) upgraded by Morgan Stanley from Equal Weight to Overweight
- United Rentals (URI) upgraded by Bernstein from Underperform to Market Perform
- Alcon (ALC) upgraded by BofA from Neutral to Buy
- Pentair (PNR) upgraded by Baird from Neutral to Outperform
- NXP Semiconductors (NXPI) upgraded by Arete from Neutral to Buy
- Tomra Systems (TMRAY) upgraded by Bryan Garnier from Neutral to Buy
- Air France-KLM (AFLYY) upgraded by Redburn Atlantic from Neutral to Buy
- HealthEquity (HQY) upgraded by Raymond James from Outperform to Strong Buy
- CrowdStrike (CRWD) upgraded by BTIG from Neutral to Buy
- Cloudflare (NET) upgraded by BofA from Underperform to Buy
- Carvana (CVNA) upgraded by Morgan Stanley from Equal Weight to Overweight
Downgrades
- Dun & Bradstreet (DNB) downgraded by Huber Research from Overweight to Underweight
- Opthea (OPT) double downgraded by Jefferies from Buy to Underperform
- Daimler Truck (DTRUY) downgraded by Barclays from Overweight to Equal Weight
- Traton (TRATF) downgraded by Barclays from Overweight to Equal Weight
- Volvo (VLVLY) downgraded by Barclays from Equal Weight to Underweight
- Neste (NTOIY) downgraded by UBS from Buy to Neutral
- Air France-KLM (AFLYY) downgraded by UBS from Buy to Neutral
- L’Oreal (LRLCY) downgraded by Berenberg from Buy to Hold
- Brown & Brown (BRO) downgraded by Morgan Stanley from Overweight to Equal Weight
- Dun & Bradstreet (DNB) downgraded by Jefferies from Buy to Hold
- Carl Zeiss Meditec (CZMWY) downgraded by HSBC from Buy to Reduce
- EOG Resources (EOG) downgraded by Mizuho from Outperform to Neutral
- Ally Financial (ALLY) downgraded by BTIG from Neutral to Sell
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