Upgrades
- Newmark (NMRK) upgraded by Wolfe Research from Peer Perform to Outperform
- Turkish Airlines (TKHVY) upgraded by JPMorgan from Neutral to Overweight
- Kimco Realty (KIM) upgraded by Raymond James from Market Perform to Strong Buy
- Sphere Entertainment (SPHR) upgraded by JPMorgan from Neutral to Overweight
- Microchip (MCHP) upgraded by Piper Sandler from Neutral to Overweight
- Fox Corp. (FOXA) upgraded by Wells Fargo from Underweight to Overweight
- Teradyne (TER) upgraded by Cantor Fitzgerald from Neutral to Overweight
- Cisco (CSCO) upgraded by HSBC from Hold to Buy
- Nike (NKE) upgraded by Williams Trading from Sell to Buy
- Galaxy Entertainment (GXYEF) upgraded by JPMorgan from Neutral to Overweight
- Origin Materials (ORGN) upgraded by BofA from Neutral to Buy
Downgrades
- Silicon Motion (SIMO) downgraded by BofA from Buy to Underperform
- Viracta Therapeutics (VIRX) downgraded by Leerink from Outperform to Market Perform
- Vital Energy (VTLE) downgraded by KeyBanc from Overweight to Sector Weight
- Nel (NLLSF) downgraded by Berenberg from Buy to Hold
- Cancom (CCCMF) downgraded by Exane BNP Paribas from Neutral to Underperform
- CAE (CAE) downgraded by Morgan Stanley from Overweight to Equal Weight
- Terran Orbital (LLAP) downgraded by Stifel from Buy to Hold
- Lumen (LUMN) downgraded by Wells Fargo from Equal Weight to Underweight
- Bumble (BMBL) downgraded by TD Cowen from Buy to Hold
- Estee Lauder (EL) downgraded by BofA from Buy to Neutral
- Exro Technologies (EXROF) downgraded by Canaccord from Speculative Buy to Hold
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