Upgrades
- Nice (NICE) upgraded by DA Davidson from Neutral to Buy
- Accor (ACCYY) double-upgraded by Jefferies from Underperform to Buy
- Flutter Entertainment (FLUT) upgraded by JPMorgan from Neutral to Overweight
- Harbour Energy (HBRIY) upgraded by Berenberg from Hold to Buy
- Moelis (MC) upgraded by Goldman Sachs from Sell to Neutral
- Cooper Companies (COO) upgraded by JPMorgan from Neutral to Overweight
- Southwest (LUV) upgraded by Jefferies from Underperform to Hold
- Texas Roadhouse (TXRH) upgraded by Baird from Neutral to Outperform
- TRI Pointe (TPH) upgraded by RBC Capital from Sector Perform to Outperform
- Man Group (MNGPF) upgraded by BofA from Neutral to Buy
- Bill (BILL) upgraded by Exane BNP Paribas from Underperform to Neutral
- Evergy (EVRG) upgraded by BofA from Neutral to Buy
Downgrades
- Neste (NTOIY) downgraded by Exane BNP Paribas from Outperform to Neutral
- Heritage Insurance (HRTG) downgraded by JMP Securities to Market Perform
- FIS (FIS) downgraded by Baird from Outperform to Neutral
- Liontown Resources (LINRF) downgraded by Canaccord from Speculative Buy to Hold
- Tesla (TSLA) downgraded by Wells Fargo from Equal Weight to Underweight
- Cleveland-Cliffs (CLF) downgraded by Citi from Buy to Neutral
- AstraZeneca (AZN) downgraded by Oddo BHF from Outperform to Neutral
- Novartis (NVS) downgraded by Oddo BHF from Outperform to Neutral
- CVS Group (CVSGF) downgraded by Peel Hunt from Buy to Add
- Porsche AG (DRPRF) downgraded by Societe Generale from Buy to Hold
- Virgin Money (CYBBF) downgraded by HSBC from Buy to Hold
- MP Materials (MP) downgraded by Morgan Stanley from Overweight to Equal Weight
- Asur (ASR) downgraded by Barclays from Overweight to Equal Weight
- Brown & Brown (BRO) downgraded by BofA from Neutral to Underperform
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