Upgrades
- Henkel (HENKY) upgraded by Berenberg from Sell to Hold
- Altium (ALMFF) upgraded by CLSA from Underperform to Outperform
- Honda (HMC) upgraded by Macquarie from Neutral to Outperform
- AIA Group (AAGIY) upgraded by JPMorgan from Neutral to Overweight
- DigitalOcean (DOCN) upgraded by Morgan Stanley from Underweight to Equal Weight
- Cogent (CCOI) upgraded by TD Cowen from Market Perform to Outperform
- Sabra Health Care (SBRA) upgraded by BofA from Underperform to Neutral
- Hubbell (HUBB) upgraded by Wolfe Research from Underperform to Peer Perform
- Rivian Automotive (RIVN) upgraded by Exane BNP Paribas from Neutral to Outperform
- Twilio (TWLO) upgraded by Argus from Hold to Buy
- Pinnacle West (PNW) upgraded by Evercore ISI from Underperform to In Line
- Petrobras (PBR) upgraded by UBS from Sell to Neutral
- Alibaba (BABA) upgraded by DZ Bank from Hold to Buy
Downgrades
- Wolverine World Wide (WWW) downgraded by Seaport Research from Buy to Neutral
- CVS Group (CVSGF) downgraded by RBC Capital from Outperform to Sector Perform
- Domino’s Pizza Group (DMPZF) downgraded by Deutsche Bank from Buy to Hold
- Canadian Tire (CDNAF) downgraded by National Bank from Outperform to Sector Perform
- Medical Properties (MPW) downgraded by Raymond James from Strong Buy to Underperform
- Novo Nordisk (NVO) downgraded by DNB Markets from Buy to Hold
- Ventas (VTR) downgraded by BofA from Buy to Neutral
- Medical Properties Trust (MPW) downgraded by BofA from Neutral to Underperform
- Stanley Black & Decker (SWK) downgraded by Wolfe Research to Underperform
- Sealed Air (SEE) downgraded by UBS from Buy to Neutral
- CareRx (CHHHF) downgraded by Cormark from Buy to Market Perform
- Lucid Group (LCID) downgraded by Exane BNP Paribas from Neutral to Underperform
- Triumph Group (TGI) downgraded by BofA from Buy to Underperform
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