Upgrades
- Biogen (BIIB) upgraded by Piper Sandler from Neutral to Overweight
- Naturgy Energy (GASNY) upgraded by JPMorgan from Neutral to Overweight
- ACS (ACSAY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Michelin (MGDDY) upgraded by Barclays from Underweight to Equal Weight
- Standard Chartered (SCBFF) upgraded by BNP Paribas from Neutral to Outperform
- Viking Holdings (VIK) upgraded by Rothschild & Co Redburn from Neutral to Buy
- Tesla (TSLA) upgraded by UBS from Sell to Neutral
- Ford (F) upgraded by UBS from Neutral to Buy
- Eastman Chemical (EMN) upgraded by JPMorgan from Neutral to Overweight
- VF Corp. (VFC) upgraded by Seaport Research from Neutral to Buy
- Birkenstock (BIRK) upgraded by Seaport Research from Neutral to Buy
- Crocs (CROX) upgraded by Seaport Research from Neutral to Buy
Downgrades
- Solstice Advanced Materials (SOLS) downgraded by UBS from Buy to Neutral
- Ero Copper (ERO) downgraded by Goldman Sachs from Buy to Neutral
- Berkeley Group (BKGFY) downgraded by Morgan Stanley from Equal Weight to Underweight
- GrafTech (EAF) downgraded by JPMorgan from Neutral to Underweight
- Aixtron (AIXXF) downgraded by Oddo BHF from Outperform to Neutral
- NOV Inc. (NOV) downgraded by RBC Capital from Outperform to Sector Perform
- GFL Environmental (GFL) downgraded by JPMorgan from Neutral to Underweight
- Asana (ASAN) downgraded by Piper Sandler from Overweight to Neutral
- Monday.com (MNDY) downgraded by Piper Sandler from Overweight to Neutral
- SAP (SAP) downgraded by Piper Sandler from Overweight to Neutral
- Trican Well Service (TOLWF) downgraded by RBC Capital from Outperform to Sector Perform
- Elia Group (ELIAF) downgraded by Citi from Buy to Neutral
- Omega Healthcare (OHI) downgraded by BofA from Neutral to Underperform
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