Upgrades
- Big Yellow Group (BYLOF) upgraded by Peel Hunt from Hold to Buy
- Inmobiliaria Colonial (IMQCF) upgraded by Societe Generale from Sell to Buy
- Aedifica (AEDFF) upgraded by Societe Generale from Hold to Buy
- Merlin Properties (MRPRF) upgraded by Societe Generale from Hold to Buy
- Aroundtown (AANNF) upgraded by Societe Generale from Hold to Buy
- Micron (MU) upgraded by Mizuho from Neutral to Buy
- Western Digital (WDC) upgraded by Mizuho from Neutral to Buy
- Rumo (RUMOF) upgraded by JPMorgan from Neutral to Overweight
- TransUnion (TRU) upgraded by Atlantic Equities from Neutral to Overweight
- AbbVie (ABBV) upgraded by Societe Generale from Hold to Buy
- Bumble (BMBL) upgraded by Evercore ISI from In Line to Outperform
- TransDigm (TDG) upgraded by BofA from Neutral to Buy
- Berkshire Grey (BGRY) upgraded by Credit Suisse from Neutral to Outperform
- First Quantum Minerals (FQVLF) upgraded by Deutsche Bank from Hold to Buy
- AltaGas (ATGFF) upgraded by JPMorgan from Neutral to Overweight
Downgrades
- Pembina Pipeline (PBA) downgraded by CIBC from Outperformer to Neutral
- eBay (EBAY) downgraded by Guggenheim from Buy to Neutral
- Big Yellow Group (BYLOF) downgraded by Jefferies from Buy to Hold
- Telefonica (TEF) downgraded by Berenberg from Buy to Hold
- Shurgard Self Storage (SSSAF) downgraded by Societe Generale from Buy to Hold
- Hammerson (HMSNF) downgraded by Societe Generale from Hold to Sell
- Ford Otomotiv (FOVSY) downgraded by VTB Capital from Buy to Hold
- Vonage (VG) downgraded by Baird from Outperform to Neutral
- Spruce Biosciences (SPRB) downgraded by Cowen from Outperform to Market Perform
- CNP Assurances (CNPAY) downgraded by Berenberg from Buy to Hold
- Goodrich Petroleum (GDP) downgraded by Capital One from Overweight to Equalweight
- Spire (SR) downgraded by BofA from Neutral to Underperform
- GXO Logistics (GXO) downgraded by Loop Capital from Buy to Hold
- Lundin Mining (LUNMF) downgraded by Canaccord from Buy to Hold
- Zimmer Biomet (ZBH) downgraded by Argus from Buy to Hold
- Gibson Energy (GBNXF) downgraded by JPMorgan from Overweight to Neutral
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