Upgrades
- Upland Software (UPLD) upgraded by Craig-Hallum from Hold to Buy
- Thor Industries (THO) upgraded by KeyBanc from Underweight to Sector Weight
- Nestle (NSRGY) upgraded by Jefferies from Underperform to Hold
- Nio (NIO) upgraded by Macquarie from Neutral to Outperform
- Mondelez (MDLZ) upgraded by DBS Bank from Hold to Buy
- Cognex (CGNX) upgraded by KeyBanc from Sector Weight to Overweight
- Sprouts Farmers Market (SFM) upgraded by Jefferies from Hold to Buy
- Canada Goose (GOOS) upgraded by Wells Fargo from Equal Weight to Overweight
- Citizens Financial (CFG) upgraded by JPMorgan from Neutral to Overweight
- Lufthansa (DLAKY) upgraded by DZ Bank from Sell to Hold
- Methanex (MEOH) upgraded by RBC Capital from Sector Perform to Outperform
- Fortune Brands (FBIN) upgraded by RBC Capital from Sector Perform to Outperform
- AppFolio (APPF) upgraded by Piper Sandler from Neutral to Overweight
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Downgrades
- Avis Budget (CAR) downgraded by Goldman Sachs from Neutral to Sell
- Builders FirstSource (BLDR) downgraded by RBC Capital from Outperform to Sector Perform
- NetEase (NTES) downgraded by Arete from Neutral to Sell
- JD.com (JD) downgraded by Arete from Neutral to Sell
- Baxter (BAX) downgraded by Goldman Sachs from Buy to Neutral
- Chubb (CB) downgraded by HSBC from Buy to Hold
- Banco Santander (SAN) downgraded by Kepler Cheuvreux from Buy to Hold
- Builders FirstSource (BLDR) downgraded by Baird from Outperform to Neutral
- CyberArk (CYBR) downgraded by Baird from Outperform to Neutral
- Albany International (AIN) downgraded by Truist from Buy to Hold
- Trane (TT) downgraded by Northcoast from Buy to Neutral
- Bloom Energy (BE) downgraded by Clear Street from Buy to Hold
- Ambev (ABEV) downgraded by HSBC from Buy to Hold
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