Upgrades
- Wayfair (W) upgraded by Barclays from Underweight to Equal Weight
- Trustpilot (TRTPF) upgraded by JPMorgan from Neutral to Overweight
- American Express (AXP) upgraded by Morgan Stanley from Equal Weight to Overweight
- Kuehne & Nagel (KHNGY) upgraded by Bernstein from Market Perform to Outperform
- Fiskars (FKRAF) upgraded by SEB Equities from Hold to Buy
- Infrastrutture Wireless (IFSUF) upgraded by New Street from Neutral to Buy
- Enact Holdings (ACT) upgraded by Keefe Bruyette from Market Perform to Outperform
- Delta Air Lines (DAL) upgraded by Redburn from Neutral to Buy
- American Airlines (AAL) upgraded by Redburn from Neutral to Buy
- United Airlines (UAL) upgraded by Redburn from Sell to Neutral
- Stronghold Digital Mining (SDIG) upgraded by Compass Point from Neutral to Buy
- Demant (WILYY) upgraded by Danske Bank from Hold to Buy
- Royal Caribbean (RCL) upgraded by BofA from Underperform to Neutral
- TripAdvisor (TRIP) upgraded by BofA from Underperform to Buy
- Makita (MKTAY) upgraded by Citi from Neutral to Buy
Downgrades
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- Hain Celestial (HAIN) downgraded by Piper Sandler from Neutral to Underweight
- HelloFresh (HLFFF) downgraded by Credit Suisse from Outperform to Neutral
- Sherwin-Williams (SHW) downgraded by KeyBanc from Overweight to Sector Weight
- Life Storage (LSI) downgraded by Citi from Buy to Neutral
- Discover (DFS) downgraded by Morgan Stanley from Overweight to Equal Weight
- Volvo (VLVLY) downgraded by Jefferies from Buy to Hold
- Kruk (KRKKF) downgraded by Citi from Buy to Neutral
- Nokian Renkaat (NKRKY) downgraded by DNB Markets from Buy to Hold
- Nordic Semiconductor (NDCVF) downgraded by Nordea from Buy to Sell
- Thule Group (THUPY) downgraded by SEB Equities from Buy to Hold
- Southwest (LUV) downgraded by Redburn from Buy to Neutral
- Boral (BOALY) downgraded by JPMorgan from Neutral to Underweight
- Nutrien (NTR) downgraded by TD Securities from Buy to Hold
- Black Hills (BKH) downgraded by Scotiabank from Outperform to Sector Perform
- Enbridge (ENB) downgraded by Credit Suisse from Neutral to Underperform
- Duck Creek Technologies (DCT) downgraded by DA Davidson from Buy to Neutral
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