Upgrades
- Diageo (DEO) upgraded by Goldman Sachs from Sell to Neutral
- Monster Beverage (MNST) upgraded by Piper Sandler from Neutral to Overweight
- Peloton (PTON) upgraded by Goldman Sachs from Neutral to Buy
- Sanofi (SNY) upgraded by JPMorgan from Neutral to Overweight
- Novartis (NVS) upgraded by Morgan Stanley from Underweight to Equal Weight
- Fortinet (FTNT) upgraded by DZ Bank from Hold to Buy
- America Movil (AMX) upgraded by JPMorgan from Underweight to Neutral
- Construction Partners (ROAD) upgraded by Baird from Neutral to Outperform
- Owens & Minor (OMI) upgraded by Baird from Neutral to Outperform
- Cushman & Wakefield (CWK) upgraded by Goldman Sachs from Sell to Buy
- GoDaddy (GDDY) upgraded by Piper Sandler from Neutral to Overweight
- Instacart (CART) upgraded by Benchmark from Hold to Buy
- Gilead (GILD) upgraded by Truist from Hold to Buy
Downgrades
- Crocs (CROX) downgraded by Barclays from Overweight to Equal Weight
- Canadian Tire (CDNAF) downgraded by BMO Capital from Outperform to Market Perform
- Coincheck (CNCK) downgraded by Cantor Fitzgerald from Overweight to Neutral
- Fraport (FPRUY) downgraded by JPMorgan from Overweight to Neutral
- Rockwell Automation (ROK) downgraded by Wells Fargo from Overweight to Equal Weight
- Vtex (VTEX) downgraded by JPMorgan from Overweight to Neutral
- Crocs (CROX) downgraded by Stifel from Buy to Hold
- Primo Brands (PRMB) downgraded by Deutsche Bank from Buy to Hold
- Cogent (CCOI) downgraded by RBC Capital from Outperform to Sector Perform
- Installed Building Products (IBP) downgraded by Loop Capital from Buy to Hold
- Trade Desk (TTD) double downgraded by BofA from Buy to Underperform
- Atmos Energy (ATO) downgraded by Ladenburg from Buy to Neutral
- Zillow (Z) downgraded by Zelman from Outperform to Neutral
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