Upgrades
- Wells Fargo (WFC) upgraded by Goldman Sachs from Neutral to Buy
- Metro Bank (MBNKF) upgraded by Investec from Hold to Buy
- IAG (ICAGY) upgraded by HSBC from Hold to Buy
- Rational (RTLLF) upgraded by HSBC from Hold to Buy
- CF Industries (CF) upgraded by RBC Capital from Sector Perform to Outperform
- Qualtrics (XM) upgraded by Exane BNP Paribas from Neutral to Outperform
- Energean (EERGF) upgraded by Panmure Gordon from Hold to Buy
- Box (BOX) upgraded by Morgan Stanley from Equal Weight to Overweight
- Southwestern Energy (SWN) upgraded by Truist from Hold to Buy
- Hermes (HESAY) upgraded by UBS from Neutral to Buy
- New Gold (NGD) upgraded by RBC Capital from Sector Perform to Outperform
- Sandvik (SDVKY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Sensei Biotherapeutics (SNSE) upgraded by Oppenheimer from Perform to Outperform
Downgrades
- Nitro Software (NSWEF) downgraded by Goldman Sachs from Buy to Neutral
- Citi (C) downgraded by Goldman Sachs from Buy to Neutral
- Air France-KLM (AFLYY) downgraded by HSBC from Buy to Hold
- easyJet (ESYJY) downgraded by HSBC from Buy to Hold
- Lufthansa (DLAKY) downgraded by HSBC from Hold to Reduce
- DocuSign (DOCU) downgraded by Morgan Stanley from Overweight to Equal Weight
- Mosaic (MOS) downgraded by RBC Capital from Outperform to Sector Perform
- Logitech (LOGI) downgraded by Exane BNP Paribas from Neutral to Underperform
- Ryan Specialty Group (RYAN) downgraded by JPMorgan from Neutral to Underweight
- Just Eat Takeaway.com (JTKWY) downgraded by JPMorgan from Neutral to Underweight
- Livent (LTHM) downgraded by BofA from Neutral to Underperform
- Enfusion (ENFN) downgraded by BofA from Buy to Neutral
- National CineMedia (NCMI) downgraded by Benchmark from Buy to Hold
- Naver (NHNCF) downgraded by Citi from Buy to Sell
- Atlas Copco (ATLKY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Shift Technologies (SFT) downgraded by Truist from Buy to Hold
- Thor Industries (THO) downgraded by Argus from Buy to Hold
- Nike (NKE) downgraded by Argus from Buy to Hold
- Intuit (INTU) downgraded by JPMorgan from Overweight to Neutral
- CarMax (KMX) downgraded by Stephens from Overweight to Equal Weight
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