Upgrades
- Siemens Energy (SMNEY) upgraded by JPMorgan from Underweight to Neutral
- PTT Public (PUTRY) upgraded by JPMorgan from Neutral to Overweight
- Barratt Redrow (BTDPY) upgraded by Stifel from Hold to Buy
- Crest Nicholson (CRNHY) upgraded by Stifel from Hold to Buy
- Affirm (AFRM) upgraded by Wells Fargo from Equal Weight to Overweight
- ASML (ASML) upgraded by Grupo Santander from Underperform to Neutral
- Athens International Airport (ATHNF) upgraded by Kepler Cheuvreux from Reduce to Hold
- Italgas (ITGGF) upgraded by Grupo Santander from Neutral to Outperform
- Ferrari (RACE) upgraded by JPMorgan from Neutral to Overweight
- Kinder Morgan (KMI) upgraded by BofA from Neutral to Buy
- United Natural Foods (UNFI) upgraded by Northcoast from Neutral to Buy
Downgrades
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- Mobileye (MBLY) downgraded at Mizuho from Outperform to Neutral
- ArcelorMittal (MT) downgraded at JPMorgan from Overweight to Neutral
- SQM (SQM) downgraded at JPMorgan from Overweight to Neutral
- Public Bank (PBLOF) downgraded at JPMorgan from Overweight to Neutral
- Arcadium Lithium (ALTM) downgraded at KeyBanc from Overweight to Sector Weight
- Metropole Television (MTPVY) downgraded at Kepler Cheuvreux from Buy to Hold
- Bellway (BLWYF) downgraded at Stifel from Buy to Hold
- General Motors (GM) downgraded at DZ Bank from Buy to Hold
- Repsol (REPYY) downgraded at DZ Bank from Buy to Hold
- Flywire (FLYW) downgraded at Wells Fargo from Overweight to Equal Weight
- General Dynamics (GD) downgraded at Seaport Research from Buy to Neutral
- TD Bank (TD) downgraded at RBC Capital from Outperform to Sector Perform
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