Upgrades
- Enphase Energy (ENPH) upgraded by Goldman Sachs from Sell to Neutral
- TD Bank (TD) upgraded by National Bank from Sector Perform to Outperform
- Merck (MRK) upgraded by BMO Capital from Market Perform to Outperform
- Core Scientific (CORZ) upgraded by Citizens from Market Perform to Outperform
- Glacier Bancorp (GBCI) upgraded by Piper Sandler from Neutral to Overweight
- Federal Realty (FRT) upgraded by JPMorgan from Neutral to Overweight
- Shake Shack (SHAK) upgraded by JPMorgan from Underweight to Neutral
- Edwards Lifesciences (EW) upgraded by JPMorgan from Neutral to Overweight
- Rivian (RIVN) upgraded by Baird from Neutral to Outperform
- Sherwin-Williams (SHW) upgraded by Citi from Neutral to Buy
- GE Vernova (GEV) upgraded by Jefferies from Hold to Buy
- Micron (MU) upgraded by BofA from Neutral to Buy
- Sphere Entertainment (SPHR) upgraded by Morgan Stanley from Equal Weight to Overweight
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Downgrades
- Lennar (LEN) downgraded by RBC Capital from Sector Perform to Underperform
- Lennar (LEN) downgraded by Evercore ISI from In Line to Underperform
- Public Storage (PSA) downgraded by JPMorgan from Overweight to Neutral
- Realty Income (O) downgraded by JPMorgan from Neutral to Underweight
- Welltower (WELL) downgraded by JPMorgan from Overweight to Neutral
- Enterprise Products (EPD) downgraded by Morgan Stanley to Underweight
- Argenx (ARGX) downgraded by Baird from Outperform to Neutral
- Americold Realty Trust (COLD) downgraded by Baird from Outperform to Neutral
- Evergy (EVRG) downgraded by Mizuho from Outperform to Neutral
- Equinix (EQIX) downgraded by Goldman Sachs from Buy with Neutral
- PayPal (PYPL) downgraded by Morgan Stanley from Equal Weight to Underweight
- Allstate (ALL) downgraded by William Blair from Outperform to Market Perform
- Progressive (PGR) downgraded by William Blair from Outperform to Market Perform
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