Upgrades
- Cloudflare (NET) upgraded by Piper Sandler from Neutral to Overweight
- Aperam (APEMY) upgraded by Jefferies from Hold to Buy
- Bank of Ireland (BKRIY) upgraded by Barclays from Equal Weight to Overweight
- Fluidra (FLUIF) upgraded by Kepler Cheuvreux from Reduce to Hold
- Var Energi (VARRY) upgraded by Danske Bank from Sell to Hold
- Anglo American (NGLOY) upgraded by Oddo BHF from Neutral to Outperform
- Sandvik (SDVKY) upgraded by Nordea from Sell to Hold
- Entain (GMVHF) upgraded by Peel Hunt from Add to Buy
- CaixaBank (GAIXY) upgraded by Barclays from Equal Weight to Overweight
- CRH (CRH) upgraded by Wells Fargo from Equal Weight to Overweight
- Symbotic (SYM) upgraded by DA Davidson from Neutral to Buy
- American Tower (AMT) upgraded by Mizuho from Neutral to Outperform
Downgrades
- PSEG (PEG) downgraded by Jefferies from Buy to Hold
- Autoliv (ALV) downgraded by Jefferies from Buy to Hold
- Parsons (PSN) downgraded by KeyBanc from Overweight to Sector Weight
- SolarEdge (SEDG) downgraded by Goldman Sachs from Neutral to Sell
- Adecoagro (AGRO) downgraded by Citi from Buy to Neutral
- Reece (REECF) downgraded by Goldman Sachs from Neutral to Sell
- Imperial Brands (IMBBY) downgraded by UBS from Buy to Neutral
- Equinor (EQNR) downgraded by Danske Bank from Buy to Hold
- Ageas (AGESY) downgraded by ING Bank from Buy to Hold
- BB Seguridade (BBSEY) downgraded by Itau BBA from Market Perform to Underperform
- Energy Recovery (ERII) downgraded by Northcoast from Buy to Neutral
- BRP Inc. (DOO) downgraded by TD Securities from Buy to Hold
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