Upgrades
- Array Technologies (ARRY) upgraded by Jefferies from Hold to Buy
- Astera Labs (ALAB) upgraded by Morgan Stanley from Equal Weight to Overweight
- Argan (ARLLF) upgraded by Jefferies from Hold to Buy
- Sportradar (SRAD) upgraded by JMP Securities from Market Perform to Outperform
- Boyd Gaming (BYD) upgraded by Morgan Stanley from Equal Weight to Overweight
- Ball Corp. (BALL) upgraded by Morgan Stanley from Equal Weight to Overweight
- YouGov (YUGVF) upgraded by HSBC from Reduce to Hold
- Sweetgreen (SG) upgraded by TD Cowen from Hold to Buy
- Embraer (ERJ) upgraded by TD Cowen from Hold to Buy
- Alcoa (AA) upgraded by Wolfe Research from Peer Perform to Outperform
- Freeport-McMoRan (FCX) upgraded by UBS from Neutral to Buy
- Teck Resources (TECK) upgraded by UBS from Neutral to Buy
Downgrades
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- Liberty Latin America (LILAK) downgraded by Goldman Sachs from Buy to Neutral
- Athira Pharma (ATHA) downgraded by BTIG from Buy to Neutral
- Vodacom (VDMCY) downgraded by JPMorgan from Overweight to Neutral
- Booking Holdings (BKNG) downgraded by Jefferies from Buy to Hold
- ASML (ASML) downgraded by UBS from Buy to Neutral
- Mitek Systems (MITK) downgraded by Jefferies from Buy to Hold
- Supermicro (SMCI) downgraded by Barclays from Overweight to Equal Weight
- Centrica (CPYYY) downgraded by HSBC from Buy to Hold
- DS Smith (DITHF) downgraded by Stifel from Buy to Hold
- ResMed (RMD) downgraded by Needham from Buy to Hold
- ArcBest (ARCB) downgraded by Wells Fargo from Overweight to Equal Weight
- Amphenol (APH) downgraded by BofA from Buy to Neutral
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