Upgrades
- Rolls-Royce (RYCEY) upgraded by Jefferies from Hold to Buy
- AB Foods (ASBFY) upgraded by Exane BNP Paribas from Neutral to Outperform
- Wynn Resorts (WYNN) upgraded by Wells Fargo from Equal Weight to Overweight
- Block (SQ) upgraded by Baird from Neutral to Outperform
- KeyCorp (KEY) upgraded by Barclays from Underweight to Equal Weight
- U.S. Bancorp (USB) upgraded by Barclays from Equal Weight to Overweight
- Equinor (EQNR) upgraded by Bernstein from Market Perform to Outperform
- Novartis (NVS) upgraded by JPMorgan from Underweight to Neutral
- Twist Bioscience (TWST) upgraded by Evercore ISI from In Line to Outperform
- PayPal (PYPL) upgraded by Truist from Hold to Buy
- Coty (COTY) upgraded by Piper Sandler from Neutral to Overweight
- Edison International (EIX) upgraded by UBS from Neutral to Buy
- M&T Bank (MTB) upgraded by Wedbush from Neutral to Outperform
- Universal Health (UHS) upgraded by Wells Fargo from Underweight to Equal Weight
- Becton Dickinson (BDX) upgraded by BofA from Neutral to Buy
- Acadia Pharmaceuticals (ACAD) upgraded by Guggenheim from Neutral to Buy
Downgrades
- CubeSmart (CUBE) downgraded by Jefferies from Buy to Hold
- Life Storage (LSI) downgraded by Jefferies from Buy to Hold
- Carlyle Group (CG) downgraded by Keefe Bruyette from Outperform to Market Perform
- Molson Coors (TAP) downgraded by Wells Fargo from Equal Weight to Underweight
- Gilead (GILD) downgraded by RBC Capital from Outperform to Sector Perform
- Apple (AAPL) downgraded by Exane BNP Paribas from Outperform to Neutral
- Puma (PUMSY) downgraded by Exane BNP Paribas from Outperform to Neutral
- Fox Corp. (FOXA) downgraded by Wolfe Research from Peer Perform to Underperform
- T-Mobile (TMUS) downgraded by Wolfe Research from Outperform to Peer Perform
- Mondelez (MDLZ) downgraded by RBC Capital from Outperform to Sector Perform
- CVS Health (CVS) downgraded by Evercore ISI from Outperform to In Line
- Ally Financial (ALLY) downgraded by Barclays from Overweight to Equal Weight
- Capital One (COF) downgraded by Barclays from Overweight to Equal Weight
- M&T Bank (MTB) downgraded by Barclays from Overweight to Equal Weight
- GSK (GSK) downgraded by JPMorgan from Neutral to Underweight
- Roche (RHHBY) downgraded by JPMorgan from Neutral to Underweight
- PG&E (PCG) downgraded by UBS from Buy to Neutral
- Cigna (CI) downgraded by Wells Fargo from Overweight to Equal Weight
- Baxter (BAX) downgraded by BofA from Buy to Neutral
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