Upgrades
- ASML (ASML) upgraded by UBS from Neutral to Buy
- Workspace Group (WKPPF) upgraded by Berenberg from Hold to Buy
- Ahold Delhaize (ADRNY) upgraded by Bryan Garnier from Neutral to Buy
- Zeon Corp. (ZEOOF) upgraded by SMBC Nikko from Neutral to Outperform
- Shanghai Pharma (SHPMF) upgraded by Credit Suisse from Neutral to Outperform
- Cisco (CSCO) upgraded by KGI Securities from Neutral to Outperform
- Rocket Lab (RKLB) upgraded by Cowen from Market Perform to Outperform
- PayPal (PYPL) upgraded by BofA from Neutral to Buy
Downgrades
- Ambarella (AMBA) downgraded by Summit Insights from Buy to Hold
- Great Portland Estates (GPEAF) downgraded by Berenberg from Hold to Sell
- LondonMetric (LNSPF) downgraded by Berenberg from Hold to Sell
- Derwent London (DWVYF) downgraded by Berenberg from Buy to Hold
- Supermarket Income (SUPIF) downgraded by Berenberg from Buy to Hold
- Urban Logistics REIT (PCLIF) downgraded by Berenberg from Buy to Hold
- Sarana Menara (SMNUF) downgraded by Citi from Buy to Neutral
- Bank of Montreal (BMO) downgraded by Veritas from Buy to Reduce
- Snap (SNAP) downgraded by Citi from Buy to Neutral
- Robinhood (HOOD) downgraded by Barclays from Equal Weight to Underweight
- Paysafe (PSFE) downgraded by Susquehanna from Positive to Neutral
- Adore Beauty (ADBGF) downgraded by CLSA from Buy to Underperform
- Daiwa House Industry (DWAHY) downgraded by CLSA from Buy to Outperform
- Redwood Trust (RWT) downgraded by BTIG from Buy to Neutral
- NewAge (NBEV) downgraded by Alliance Global Partners from Buy to Sell
- Joann (JOAN) downgraded by BofA from Neutral to Underperform
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