Upgrades
- Check Point (CHKP) upgraded by Citi from Sell to Neutral
- GoDaddy (GDDY) upgraded by Evercore ISI from In Line to Outperform
- Seagate (STX) upgraded by Morgan Stanley from Equal Weight to Overweight
- Gap (GPS) upgraded by Morgan Stanley from Underweight to Equal Weight
- ResMed (RMD) upgraded by Citi from Neutral to Buy
- Magellan Midstream (MMP) upgraded by Barclays from Equal Weight to Overweight
- Nestle (NSRGY) upgraded by Jefferies from Underperform to Hold
- Evolution AB (EVVTY) upgraded by Deutsche Bank from Hold to Buy
- Oatly Group (OTLY) upgraded by Mizuho from Neutral to Buy
- Enerflex (ENRFF) upgraded by Stifel from Hold to Buy
- Algoma Steel (ASTL) upgraded by Stifel from Hold to Buy
- Myriad Genetics (MYGN) upgraded by Raymond James from Market Perform to Outperform
- Natera (NTRA) upgraded by Raymond James from Market Perform to Outperform
Downgrades
- PennyMac Financial (PFSI) downgraded by JMP Securities from Outperform to Market Perform
- Extra Space Storage (EXR) downgraded by Wolfe Research from Outperform to Peer Perform
- Morgan Stanley (MS) downgraded by Citi from Buy to Neutral
- IBM (IBM) downgraded by Morgan Stanley from Overweight to Equal Weight
- Skechers (SKX) downgraded by Morgan Stanley from Overweight to Equal Weight
- ArcelorMittal (MT) downgraded by UBS from Neutral to Sell
- Veracyte (VCYT) downgraded by Raymond James from Outperform to Market Perform
- UGI Corporation (UGI) downgraded by Barclays from Equal Weight to Underweight
- PayPal (PYPL) downgraded by SMBC Nikko from Neutral to Underperform
- Chegg (CHGG) downgraded by Needham from Buy to Hold
- Yeti (YETI) downgraded by Cowen from Outperform to Market Perform
- Levi Strauss (LEVI) downgraded by BofA from Buy to Neutral
- DNB Bank (DNBBY) downgraded by JPMorgan from Overweight to Neutral
- Exxon Mobil (XOM) downgraded by Redburn from Neutral to Sell
- Shell (SHEL) downgraded by Redburn from Buy to Neutral
- BP (BP) downgraded by Redburn from Buy to Neutral
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