Upgrades
- Napco Security (NSSO) upgraded by Imperial Capital from In-Line to Outperform
- Omnicom (OMC) upgraded by Barclays from Equal Weight to Overweight
- Philips (PHG) upgraded by Exane BNP Paribas from Underperform to Neutral
- Snam (SNMRF) upgraded by RBC Capital from Sector Perform to Outperform
- Vale (VALE) upgraded by UBS from Neutral to Buy
- Design Therapeutics (DSGN) upgraded by Piper Sandler from Neutral to Overweight
- Frontier Developments (FRRDF) upgraded by Liberum from Hold to Buy
- AMD (AMD) upgraded by DZ Bank from Hold to Buy
- Cloudflare (NET) upgraded by DZ Bank from Hold to Buy
- Target (TGT) upgraded by Citi from Neutral to Buy
- Gap (GPS) upgraded by Citi from Neutral to Buy
- Sunstone Hotel (SHO) upgraded by Compass Point from Sell to Neutral
- Ubisoft (UBSFY) upgraded by Stifel from Hold to Buy
Downgrades
- Integra LifeSciences (IART) downgraded by Wells Fargo from Overweight to Equal Weight
- Lyra Therapeutics (LYRA) downgraded by Jefferies from Buy to Hold
- Vestis (VSTS) downgraded by Redburn Atlantic from Buy to Neutral
- Sixt (SIXGF) downgraded by Berenberg from Buy to Hold
- CVS Health (CVS) downgraded by TD Cowen from Buy to Hold
- Lyra Therapeutics (LYRA) downgraded by BofA from Buy to Underperform
- Teradata (TDC) downgraded by BofA from Neutral to Underperform
- Lyra Therapeutics (LYRA) downgraded by H.C. Wainwright from Buy to Neutral
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