Upgrades
- Syneos Health (SYNH) upgraded by Barclays from Underweight to Equal Weight
- Albemarle (ALB) upgraded by KeyBanc from Sector Weight to Overweight
- Livent (LTHM) upgraded by KeyBanc from Sector Weight to Overweight
- Cathay Financial (CHYFF) upgraded by JPMorgan from Underweight to Neutral
- Fubon Financial (FUISF) upgraded by JPMorgan from Neutral to Overweight
- Alcoa (AA) upgraded by Credit Suisse from Neutral to Outperform
- Roblox (RBLX) upgraded by Roth MKM from Neutral to Buy
- Axon (AXON) upgraded by JPMorgan from Neutral to Overweight
- Rayonier Advanced (RYAM) upgraded by RBC Capital from Sector Perform to Outperform
- AIB Group (AIBRF) upgraded by UBS from Neutral to Buy
- Bain Capital (BCSF) upgraded by Wells Fargo from Underweight to Equal Weight
- RingCentral (RNG) upgraded by Credit Suisse from Neutral to Outperform
- Roblox (RBLX) upgraded by Benchmark from Hold to Buy
Downgrades
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- Franchise Group (FRG) downgraded by DA Davidson from Buy to Neutral
- CSR Limited (CSRLF) downgraded by Citi from Buy to Neutral
- Bentley Systems (BSY) downgraded by Goldman Sachs from Buy to Neutral
- Twilio (TWLO) downgraded by Goldman Sachs from Buy to Neutral
- AFC Gamma (AFCG) downgraded by JMP Securities from Outperform to Market Perform
- Syneos Health (SYNH) downgraded by Deutsche Bank from Buy to Hold
- Block (SQ) downgraded by CLSA from Buy to Underperform
- Costain Group (CSGQF) downgraded by Peel Hunt from Buy to Add
- Outokumpu (OUTKY) downgraded by SEB Equities from Buy to Hold
- Babylon Holdings (BBLN) downgraded by BTIG from Neutral to Sell
- CF Industries (CF) downgraded by Piper Sandler from Overweight to Neutral
- LSB Industries (LXU) downgraded by Piper Sandler from Overweight to Neutral
- Mosaic (MOS) downgraded by Piper Sandler from Overweight to Neutral
- Northrop Grumman (NOC) downgraded by Barclays from Overweight to Equal Weight
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