Upgrades
- Compass Group (CMPGY) upgraded by UBS from Neutral to Buy
- BP (BP) upgraded by Jefferies from Hold to Buy
- Iberdrola (IBDRY) upgraded by Goldman Sachs from Neutral to Buy
- Norfolk Southern (NSC) upgraded by UBS from Neutral to Buy
- Heineken (HEINY) upgraded by Barclays from Equal Weight to Overweight
- Dutch Bros (BROS) upgraded by Piper Sandler from Neutral to Overweight
- GSK (GSK) upgraded by Guggenheim from Neutral to Buy
- DoorDash (DASH) upgraded by RBC Capital from Sector Perform to Outperform
- Lyft (LYFT) upgraded by RBC Capital from Sector Perform to Outperform
- Squarespace (SQSP) upgraded by Baird from Neutral to Outperform
- Novo Nordisk (NVO) upgraded by DNB Markets from Hold to Buy
- International Paper (IP) upgraded by BofA from Neutral to Buy
- FuboTV (FUBO) upgraded by Seaport Research from Neutral to Buy
Downgrades
- Fortum (FOJCY) downgraded by Berenberg from Buy to Hold
- Ferrari (RACE) downgraded by Citi from Neutral to Sell
- Ambev (ABEV) downgraded by Barclays from Overweight to Equal Weight
- International Game (IGT) downgraded by Stifel from Buy to Hold
- CommScope (COMM) downgraded by JPMorgan from Neutral to Underweight
- UCB (UCBJF) downgraded by Oddo BHF from Outperform to Neutral
- Royal Unibrew (ROYUF) downgraded by Danske Bank from Buy to Hold
- Rush Street Interactive (RSI) downgraded by Susquehanna from Positive to Neutral
- Starwood Property (STWD) downgraded by BofA from Buy to Neutral
- Blackstone Mortgage (BXMT) downgraded by BofA from Buy to Neutral
- Apollo Commercial (ARI) downgraded by BofA from Neutral to Underperform
- Ares Commercial (ACRE) downgraded by BofA from Buy to Underperform
- BrightSpire Capital (BRSP) downgraded by BofA from Neutral to Underperform
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