Upgrades
- Secure Energy (SECYF) upgraded to Outperform from Sector Perform at National Bank
- Fineos (FNCHF) upgraded to Outperform from Sector Perform at RBC Capital
- Direct Line Insurance (DIISY) upgraded to Buy from Sell at Citi
- Insurance Australia (IAUGY) upgraded to Overweight from Neutral at JPMorgan
- Clean Energy (CLNE) upgraded to Outperform from Market Perform at Raymond James
- UnitedHealth (UNH) upgraded by Raymond James from Outperform to Strong Buy
- Cigna (CI) upgraded by Raymond James from Outperform to Strong Buy
- Accenture (ACN) upgraded by Edward Jones from Hold to Buy
- Douglas Emmett (DEI) upgraded by Piper Sandler from Neutral to Overweight
- Siemens (SIEGY) upgraded by Societe Generale from Hold to Buy
- ConocoPhillips (COP) upgraded by Societe Generale from Sell to Hold
- Sealed Air (SEE) upgraded by UBS from Neutral to Buy
- Mirvac Group (MRVGF) upgraded by Citi from Neutral to Buy
- Meta Platforms (META) upgraded by Argus from Hold to Buy
- Commercial Metals (CMC) upgraded by BofA from Neutral to Buy
Downgrades
- Freeline (FRLN) downgraded by Stifel from Buy to Hold
- Assa Abloy (ASAZY) downgraded by Citi from Neutral to Sell
- MultiChoice Group (MCHOY) downgraded by JPMorgan from Overweight to Neutral
- Bloom Energy (BE) downgraded by Raymond James from Strong Buy to Outperform
- On Holding (ONON) downgraded by Baird from Outperform to Neutral
- Concordia Financial (CCRDF) downgraded by Daiwa from Outperform to Neutral
- Getlink (GRPTF) downgraded by Oddo BHF from Outperform to Neutral
- Fujitsu (FJTSY) downgraded by Daiwa from Buy to Outperform
- Albemarle (ALB) downgraded by BofA from Neutral to Underperform
- Diversey (DSEY) downgraded by UBS from Buy to Neutral
- AbbVie (ABBV) downgraded by Argus from Buy to Hold
- Steel Dynamics (STLD) downgraded by BofA from Buy to Neutral
- Kinross Gold (KGC) downgraded by BofA from Buy to Underperform
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