Upgrades
- Core Laboratories (CLB) upgraded by Citi from Sell to Neutral
- Goldman Sachs (GS) upgraded by Keefe Bruyette from Market Perform to Outperform
- Algonquin Power (AQN) upgraded by National Bank from Sector Perform to Outperform
- Copper Mountain (CPPMF) upgraded by National Bank from Sector Perform to Outperform
- Renault (RNLSY) upgraded by Oddo BHF from Neutral to Outperform
- Progressive (PGR) upgraded by Jefferies from Hold to Buy
- Severn Trent (STRNY) upgraded by Investec from Hold to Buy
- Ashtead Group (ASHTY) upgraded by Liberum from Hold to Buy
- AP Moller Maersk (AMKBY) upgraded by Berenberg from Hold to Buy
- Mapletree Commercial Trust (MPCMF) upgraded by Credit Suisse from Neutral to Outperform
- Federal Signal (FSS) upgraded by DA Davidson from Neutral to Buy
- Biogen (BIIB) upgraded by Argus from Hold to Buy
Downgrades
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- iBio (IBIO) downgraded by Cantor Fitzgerald from Overweight to Neutral
- Zions Bancorp (ZION) downgraded by Keefe Bruyette from Outperform to Market Perform
- Southern States (SSBK) downgraded by Keefe Bruyette from Outperform to Market Perform
- home24 (HMAGF) downgraded by Jefferies from Buy to Hold
- Orix JREIT (ORXJF) downgraded by SMBC Nikko from Outperform to Neutral
- Norway Royal Salmon (NRYYF) downgraded by Kepler Cheuvreux from Hold to Reduce
- Lyft (LYFT) downgraded by RBC Capital from Outperform to Sector Perform
- Salmar (SALRF) downgraded by Kepler Cheuvreux from Buy to Hold
- Mercedes-Benz (MBGYY) downgraded by Oddo BHF from Outperform to Neutral
- Norfolk Southern (NSC) downgraded by Baird from Outperform to Neutral
- Principal Financial (PFG) downgraded by JPMorgan from Neutral to Underweight
- First Internet (INBK) downgraded by Piper Sandler from Overweight to Neutral
- Douglas Emmett (DEI) downgraded by Piper Sandler from Overweight to Neutral
- C.H. Robinson (CHRW) downgraded by Citi from Buy to Neutral
- Shift Technologies (SFT) downgraded by Cantor Fitzgerald from Overweight to Neutral
- Zoom Video (ZM) downgraded by JPMorgan from Overweight to Neutral
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