Upgrades
- Alcoa (AA) upgraded by Morgan Stanley from Underweight to Equal Weight
- CytomX Therapeutics (CTMX) upgraded by JPMorgan from Underweight to Neutral
- Ingevity (NGVT) upgraded by Jefferies from Hold to Buy
- Papa John’s (PZZA) upgraded by Stifel from Sell to Hold
- Telefonica (TEF) upgraded by JPMorgan from Underweight to Neutral
- Eurofins Scientific (ERFSF) upgraded by HSBC from Hold to Buy
- HSBC (HSBC) upgraded by Keefe Bruyette from Underperform to Market Perform
- Federal Realty (FRT) upgraded by Deutsche Bank from Hold to Buy
- Equity Residential (EQR) upgraded by BMO Capital from Market Perform to Outperform
- Euronet (EEFT) upgraded by Citi from Neutral to Buy
- Robert Half (RHI) upgraded by Truist from Sell to Hold
- PPG (PPG) upgraded by Seaport Research from Neutral to Buy
Downgrades
- UBS (UBS) downgraded by Exane BNP Paribas from Outperform to Neutral
- Karoon Energy (KRNGF) downgraded by RBC Capital from Outperform to Sector Perform
- PPG (PPG) downgraded by Evercore ISI from Outperform to In Line
- PacBio (PACB) downgraded by JPMorgan from Overweight to Neutral
- Standard Chartered (SCBFF) downgraded by Keefe Bruyette from Market Perform to Underperform
- Southern Copper (SCCO) downgraded by HSBC from Hold to Reduce
- ANZ Group (ANZGF) downgraded by Citi from Neutral to Sell
- Cisco (CSCO) downgraded by JPMorgan from Overweight to Neutral
- Western Digital (WDC) downgraded by Raymond James from Outperform to Market Perform
- Prologis (PLD) downgraded by BMO Capital from Outperform to Market Perform
- OGE Energy (OGE) downgraded by Barclays from Overweight to Equal Weight
- CVB Financial (CVBF) downgraded by Hovde Group from Outperform to Market Perform
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