Upgrades
- Baker Hughes (BKR) upgraded by Wells Fargo from Equal Weight to Overweight
- Tenaris (TS) upgraded by Grupo Santander from Underperform to Neutral
- DoorDash (DASH) upgraded by KeyBanc from Sector Weight to Overweight
- Denison Mines (DNN) upgraded by BMO Capital from Market Perform to Outperform
- Orion Oyj (ORINY) upgraded by Jefferies from Hold to Buy
- Air France-KLM (AFLYY) upgraded by JPMorgan from Underweight to Overweight
- HP Enterprise (HPE) upgraded by Barclays from Equal Weight to Overweight
- Petrobras (PBR) upgraded by JPMorgan from Neutral to Overweight
- Asbury Automotive (ABG) upgraded by Morgan Stanley from Underweight to Equal Weight
- Group 1 Automotive (GPI) upgraded by Morgan Stanley from Equal Weight to Overweight
- Lithia & Driveway (LAD) upgraded by Morgan Stanley from Underweight to Equal Weight
- Penske Automotive (PAG) upgraded by Morgan Stanley from Underweight to Overweight
- AutoNation (AN) upgraded by Morgan Stanley from Equal Weight to Overweight
Downgrades
- Miniso (MNSO) downgraded by JPMorgan from Overweight to Neutral
- Smartsheet (SMAR) downgraded by DA Davidson from Buy to Neutral
- NOV Inc. (NOV) downgraded by Wells Fargo from Equal Weight to Underweight
- Smartsheet (SMAR) downgraded by William Blair from Outperform to Market Perform
- Tyson Foods (TSN) downgraded by Piper Sandler from Neutral to Underweight
- Medpace (MEDP) downgraded by Jefferies from Buy to Hold
- Textron (TXT) downgraded by TD Cowen from Buy to Hold
- Expedia (EXPE) downgraded by TD Cowen from Buy to Hold
- Union Pacific (UNP) downgraded by Evercore ISI from Outperform to In Line
- Ford (F) downgraded by Morgan Stanley from Overweight to Equal Weight
- General Motors (GM) downgraded by Morgan Stanley from Equal Weight to Underweight
- Magna (MGA) downgraded by Morgan Stanley from Overweight to Equal Weight
- Rivian Automotive (RIVN) downgraded by Morgan Stanley from Overweight to Equal Weight
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