Upgrades
- Ford (F) upgraded by Jefferies from Underperform to Hold
- First Majestic (AG) upgraded by National Bank from Sector Perform to Outperform
- Affirm (AFRM) upgraded by Rothschild & Co Redburn from Neutral to Buy
- Lennox (LII) upgraded by Wells Fargo from Underweight to Equal Weight
- Micron (MU) upgraded by Morgan Stanley from Equal Weight to Overweight
- Accelerant (ARX) upgraded by Goldman Sachs from Neutral to Buy
- FS KKR Capital (FSK) upgraded by Wells Fargo from Underweight to Equal Weight
- Axalta Coating (AXTA) upgraded by Citi from Neutral to Buy
- Blackstone Secured Lending Fund (BXSL) upgraded by Keefe Bruyette to Outperform
- MSC Income Fund (MSIF) upgraded by Keefe Bruyette from Market Perform to Outperform
- PennantPark Floating Rate (PFLT) upgraded by Keefe Bruyette to Outperform
- Mobileye (MBLY) upgraded by Deutsche Bank from Hold to Buy
- Brinker (EAT) upgraded by BofA from Neutral to Buy
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Downgrades
- SQM (SQM) downgraded by Jefferies from Buy to Hold
- Emerson (EMR) downgraded by Wells Fargo from Overweight to Equal Weight
- Boston Beer (SAM) downgraded by Citi from Buy to Neutral
- Elastic (ESTC) downgraded by Scotiabank from Outperform to Sector Perform
- Check Point (CHKP) downgraded by Scotiabank from Outperform to Sector Perform
- Bath & Body Works (BBWI) downgraded by JPMorgan from Overweight to Neutral
- AT&T (T) downgraded by Scotiabank from Outperform to Sector Perform
- Abercrombie & Fitch (ANF) downgraded by JPMorgan from Overweight to Neutral
- Papa John’s (PZZA) downgraded by BofA from Buy to Neutral
- Sweetgreen (SG) downgraded by BofA from Buy to Neutral
- Shake Shack (SHAK) downgraded by BofA from Neutral to Underperform
- Portillo’s (PTLO) downgraded by BofA from Buy to Neutral
- Lithium Americas (LAC) downgraded by Scotiabank from Sector Perform to Underperform
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