Upgrades
- Symrise (SYIEY) upgraded by Goldman Sachs from Neutral to Buy
- Nvidia (NVDA) upgraded by Morgan Stanley from Equal Weight to Overweight
- FIS (FIS) upgraded by Keefe Bruyette from Market Perform to Outperform
- Vale (VALE) upgraded by Itau BBA from Market Perform to Outperform
- Societe Generale (SCGLY) upgraded by HSBC from Hold to Buy
- Top Glove (TGLVY) upgraded by CLSA from Sell to Underperform
- GSK (GSK) upgraded by Deutsche Bank from Hold to Buy
- Synchrony (SYF) upgraded by Oppenheimer from Perform to Outperform
- Chubb (CB) upgraded by JPMorgan from Neutral to Overweight
- LivePerson (LPSN) upgraded by Credit Suisse from Underperform to Neutral
- Applied Industrial (AIT) upgraded by Baird from Neutral to Outperform
- National Express (NXPGF) upgraded by Liberum from Sell to Hold
- Alphabet (GOOG) upgraded by Exane BNP Paribas from Neutral to Outperform
- SAP (SAP) upgraded by Exane BNP Paribas from Neutral to Outperform
- American Airlines (AAL) upgraded by Wolfe Research from Underperform to Peer Perform
- Hershey (HSY) upgraded by Erste Group from Hold to Buy
- Duke Energy (DUK) upgraded by Seaport Global from Sell to Neutral
Downgrades
- Bread Financial (BFH) downgraded by Keefe Bruyette from Outperform to Market Perform
- Synchrony (SYF) downgraded by Keefe Bruyette from Outperform to Market Perform
- KBC Group (KBCSY) downgraded by HSBC from Buy to Hold
- Great Wall Motor (GWLLF) downgraded by HSBC from Buy to Hold
- Xero Limited (XROLF) downgraded by CLSA from Buy to Outperform
- Konami Holdings (KONMY) downgraded by CLSA from Buy to Underperform
- Iomart (IMRTF) downgraded by Peel Hunt from Buy to Add
- Qualtrics (XM) downgraded by Exane BNP Paribas from Outperform to Neutral
- CareMax (CMAX) downgraded by TD Cowen from Outperform to Market Perform
- Honest Company (HNST) downgraded by Telsey Advisory from Outperform to Market Perform
- RIT Capital Partners (RITPF) downgraded by Investec from Hold to Sell
- KBC Group (KBCSY) downgraded by Erste Group from Buy to Hold
- Royal Bank of Canada (RY) downgraded by Erste Group from Buy to Hold
- RingCentral (RNG) downgraded by Oppenheimer from Outperform to Perform
- Veeva (VEEV) downgraded by Truist from Buy to Hold
- Novocure (NVCR) downgraded by JPMorgan from Neutral to Underweight
- First Republic (FRC) downgraded by Wedbush from Outperform to Neutral
- Bath & Body Works (BBWI) downgraded by Argus from Buy to Hold
- Dollar General (DG) downgraded by Gordon Haskett from Accumulate to Hold
- DigitalOcean (DOCN) downgraded by Oppenheimer from Outperform to Perform
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