Upgrades
- NMI Holdings (NMIH) upgraded by Keefe Bruyette from Market Perform to Outperform
- Bath & Body Works (BBWI) upgraded by Barclays from Underweight to Equal Weight
- RTX (RTX) upgraded by UBS from Neutral to Buy
- Alibaba (BABA) upgraded by Morgan Stanley from Equal Weight to Overweight
- Twilio (TWLO) upgraded by Morgan Stanley from Equal Weight to Overweight
- Nike (NKE) upgraded by Jefferies from Hold to Buy
- XPeng (XPEV) upgraded by UBS from Sell to Neutral
- Janus Henderson (JHG) upgraded by UBS from Neutral to Buy
- Old Dominion (ODFL) upgraded by Stifel from Hold to Buy
- XPO, Inc (XPO) upgraded by Stifel from Hold to Buy
- Floor & Decor (FND) upgraded by Stifel from Hold to Buy
- Carrier Global (CARR) upgraded by Wolfe Research from Peer Perform to Outperform
- Block (XYZ) upgraded by BMO Capital from Market Perform to Outperform
- Wingstop (WING) upgraded by Guggenheim from Neutral to Buy
Downgrades
- GDS Holdings (GDS) downgraded by Jefferies from Buy to Hold
- Conagra Brands (CAG) downgraded by Goldman Sachs from Buy to Neutral
- Boyd Gaming (BYD) downgraded by Morgan Stanley from Overweight to Equal Weight
- Arbor Realty (ABR) downgraded by Raymond James from Outperform to Market Perform
- Lucid Group (LCID) downgraded by Redburn Atlantic from Neutral to Sell
- Exelixis (EXEL) downgraded by Wells Fargo from Overweight to Equal Weight
- Nordson (NDSN) downgraded by Exane BNP Paribas from Outperform to Neutral
- CaixaBank (CAIXY) downgraded by Keefe Bruyette from Outperform to Market Perform
- Adecoagro (AGRO) downgraded by BofA from Buy to Neutral
- Intra-Cellular (ITCI) downgraded by Mizuho from Outperform to Neutral
- Rivian Automotive (RIVN) downgraded by BofA from Neutral to Underperform
- Ferroglobe (GSM) downgraded by Seaport Research from Buy to Neutral
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