Upgrades
- Apellis (APLS) upgraded by BofA from Neutral to Buy
- British Land (BTLCY) upgraded by Goldman Sachs from Sell to Neutral
- Russel Metals (RUSMF) upgraded by National Bank from Sector Perform to Outperform
- Travere Therapeutics (TVTX) upgraded by Citi from Neutral to Buy
- Redwood Trust (RWT) upgraded by BTIG from Neutral to Buy
- First Industrial Realty (FR) upgraded by Mizuho from Neutral to Buy
- Rio Tinto (RIO) upgraded by Exane BNP Paribas from Neutral to Outperform
- Plastic Omnium (PASTF) upgraded by UBS from Sell to Neutral
- Pirelli (PLLIF) upgraded by UBS from Neutral to Buy
- XP Inc. (XP) upgraded by JPMorgan from Neutral to Overweight
- Crown Castle (CCI) upgraded by Wells Fargo from Underweight to Equal Weight
- Travere Therapeutics (TVTX) upgraded by Citi from Neutral to Buy
Downgrades
- Gecina (GECFF) downgraded by Goldman Sachs from Buy to Neutral
- Equitable Holdings (EQH) downgraded by Keefe Bruyette to Market Perform
- Toro Company (TTC) downgraded by DA Davidson from Buy to Neutral
- Prologis (PLD) downgraded by Mizuho from Buy to Neutral
- Sanofi (SNY) downgraded by JPMorgan from Overweight to Neutral
- UBS (UBS) downgraded by BofA from Buy to Neutral
- Ares Commercial (ACRE) downgraded by JMP Securities from Outerperform to Market Perform
- Albemarle (ALB) downgraded by Piper Sandles from Neutral to Underweight
- United Rentals (URI) downgraded by UBS from Buy to Neutral
- Lululemon (LULU) downgraded by Raymond James from Strong Buy to Outperform
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