Upgrades
- Valero (VLO) upgraded by Wells Fargo from Equal Weight to Overweight
- OMV AG (OMVKY) upgraded by Exane BNP Paribas from Neutral to Outperform
- United Utilities (UUGRY) upgraded by RBC Capital from Sector Perform to Outperform
- Raymond James (RJF) upgraded by JMP Securities from Market Perform to Outperform
- Bakkafrost (BKFKY) upgraded by Nordea from Hold to Buy
- MSCI (MSCI) upgraded by Redburn Atlantic from Neutral to Buy
- Inter&Co (INTR) upgraded by JPMorgan from Neutral to Overweight
- LPL Financial (LPLA) upgraded by Wells Fargo from Equal Weight to Overweight
- Lowe’s (LOW) upgraded by Loop Capital from Hold to Buy
- Home Depot (HD) upgraded by Loop Capital from Hold to Buy
- Southwest (LUV) upgraded by Jefferies from Underperform to Hold
- Saia (SAIA) upgraded by Wolfe Research from Peer Perform to Outperform
Downgrades
- Exxon Mobil (XOM) downgraded by Exane BNP Paribas from Neutral to Underperform
- BP (BP) downgraded by Exane BNP Paribas from Outperform to Neutral
- DocMorris (ZRSEF) downgraded by Berenberg from Buy to Hold
- Infineon (IFNNY) downgraded by DZ Bank from Buy to Hold
- Blackstone (BX) downgraded by Piper Sandler from Overweight to Neutral
- FactSet (FDS) downgraded by Redburn Atlantic from Neutral to Sell
- Morningstar (MORN) downgraded by Redburn Atlantic from Buy to Neutral
- Ciena (CIEN) downgraded by Exane BNP Paribas from Outperform to Neutral
- Vale (VALE) downgraded by Wolfe Research from Peer Perform to Underperform
- Commercial Metals (CMC) downgraded by Wolfe Research from Outperform to Peer Perform
- Expeditors (EXPD) downgraded by Wolfe Research from Peer Perform to Underperform
- AP Moller Maersk (AMKBY) downgraded by Wolfe Research from Peer Perform to Underperform
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