Upgrades
- United Rentals (URI) upgraded by KeyBanc from Sector Weight to Overweight
- StoneCo (STNE) upgraded by Grupo Santander from Neutral to Outperform
- Planet Fitness (PLNT) upgraded by Stifel from Hold to Buy
- Repsol (REPYY) upgraded by Barclays from Equal Weight to Overweight
- Dana (DAN) upgraded by RBC Capital from Sector Perform to Outperform
- XPeng (XPEV) upgraded by Macquarie from Neutral to Outperform
- Urban Outfitters (URBN) upgraded by JPMorgan from Neutral to Overweight
- 2Crsi (TCSIF) upgraded by Oddo BHF from Neutral to Outperform
- Alcon (ALC) upgraded by Kepler Cheuvreux from Hold to Buy
- Lloyds Banking (LYG) upgraded by Redburn Atlantic from Neutral to Buy
- Integer (ITGR) upgraded by Citi from Neutral to Buy
- Zoom Communications (ZM) upgraded by Needham from Hold to Buy
- Inogen (INGN) upgraded by Needham from Hold to Buy
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Downgrades
- MAG Silver (MAG) downgraded by TD Securities from Buy to Sell
- Target (TGT) downgraded by Telsey Advisory from Outperform to Market Perform
- Target (TGT) downgraded by BofA from Buy to Neutral
- Sonova (SONVY) downgraded by HSBC from Buy to Hold
- Canada Goose (GOOS) downgraded by Williams Trading from Hold to Sell
- Equinor (EQNR) downgraded by Barclays from Overweight to Equal Weight
- CrowdStrike (CRWD) downgraded by DZ Bank from Buy to Sell
- Sunrun (RUN) downgraded by BNP Paribas Exane from Outperform to Neutral
- Freenet (FRTAF) downgraded by Oddo BHF from Neutral to Underperform
- W. R. Berkley (WRB) downgraded by Goldman Sachs from Buy to Neutral
- Bruker (BRKR) downgraded by Citi from Buy to Neutral
- Becton Dickinson (BDX) downgraded by Citi from Buy to Neutral
- Marvell (MRVL) downgraded by Melius Research from Buy to Hold
- ZTO Express (ZTO) downgraded by BofA from Buy to Neutral
- Guidewire (GWRE) downgraded by DA Davidson from Buy to Neutral
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