Upgrades
- Vita Coco (COCO) upgraded by Piper Sandler from Neutral to Overweight
- Nu Holdings (NU) double-upgraded by Citi from Sell to Buy
- United Utilities (UUGRY) upgraded by Barclays from Equal Weight to Overweight
- Hormel Foods (HRL) upgraded by JPMorgan from Neutral to Overweight
- J.M. Smucker (SJM) upgraded by JPMorgan from Neutral to Overweight
- McCormick (MKC) upgraded by JPMorgan from Underweight to Overweight
- Upstart (UPST) upgraded by JPMorgan from Neutral to Overweight
- Antero Resources (AR) upgraded by UBS from Neutral to Buy
- Black Hills (BKH) upgraded by BofA from Underperform to Neutral
- Snowflake (SNOW) upgraded by BofA from Neutral to Buy
- Bank OZK (OZK) upgraded by Stephens from Equal Weight to Overweight
- Woodward (WWD) upgraded by Alembic Global from Neutral to Overweight
- Brightstar Lottery (BRSL) upgraded by Argusf from Hold to Buy
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Downgrades
- LVMH (LVMUY) downgraded by CICC from Outperform to Market Perform
- Applied Materials (AMAT) downgraded by Daiwa from Outperform to Neutral
- Plymouth Industrial (PLYM) downgraded by Citizens JMP to Market Perform
- General Mills (GIS) downgraded by JPMorgant from Neutral to Underweigh
- Kroger (KR) downgraded by JPMorgan from Overweight to Neutral
- Agilon Health (AGL) downgraded by Bernstein from Outperform to Market Perform
- Goodyear Tire (GT) downgraded by HSBC from Buy to Hold
- Gap (GAP) downgraded by Citi from Buy to Neutral
- Urban Outfitters (URBN) downgraded by Citi from Buy to Neutral
- Abercrombie & Fitch (ANF) downgraded by Citi from Buy to Neutral
- Healthpeak Properties (DOC) downgraded by Deutsche Bank from Buy to Hold
- Avis Budget (CAR) downgraded by BofA from Buy to Underperform
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