Upgrades
- Cleveland-Cliffs (CLF) upgraded by KeyBanc from Sector Weight to Overweight
- Booz Allen (BAH) upgraded by William Blair from Market Perform to Outperform
- Telia (TLSNY) upgraded by Kepler Cheuvreux from Hold to Buy
- STMicroelectronics (STM) upgraded by Baird from Neutral to Outperform
- Swatch Group (SWGAY) upgraded by Grupo Santander from Neutral to Outperform
- Zions Bancorp (ZION) upgraded by Jefferies from Underperform to Hold
- UP Fintech (TIGR) upgraded by Citi from Neutral to Buy
- Paymentus (PAY) upgraded by Wolfe Research from Peer Perform to Outperform
- UBS (UBS) upgraded by BofA from Underperform to Neutral
- United Natural Foods (UNFI) upgraded by Northcoast from Neutral to Buy
- Cooper Companies (COO) upgraded by BNP Paribas Exane from Neutral to Outperform
Downgrades
- NNN REIT (NNN) downgraded by Barclays from Overweight to Underweight
- MGM Resorts (MGM) downgraded by Seaport Research from Buy to Neutral
- Netflix (NFLX) downgraded by Phillip Securities from Neutral to Sell
- Legal & General (LGGNY) downgraded by RBC Capital from Sector Perform to Underperform
- Masco (MAS) downgraded by Baird from Outperform to Neutral
- Shopify (SHOP) downgraded by Loop Capital from Buy to Hold
- Valero (VLO) downgraded by TD Cowen from Buy to Hold
- Lululemon (LULU) downgraded by JPMorgan from Overweight to Neutral
- On Holding (ONON) downgraded by Raymond James from Strong Buy to Outperform
- Fortive (FTV) downgraded by Melius Research from Buy to Hold
- Bombardier (BDRBF) downgraded by TD Securities from Buy to Hold
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