Upgrades
- Volaris (VLRS) upgraded by Grupo Santander from Neutral to Outperform
- FireFly Aerospace (FLY) upgraded by KeyBanc from Sector Weight to Overweight
- Rocket Lab (RKLB) upgraded by KeyBanc from Sector Weight to Overweight
- Paychex (PAYX) upgraded by Citi from Neutral to Buy
- HawkEye 360 (HAWK) upgraded by Jefferies from Hold to Buy
- Ferrari (RACE) upgraded by Morgan Stanley from Equal Weight to Overweight
- Belimo (BLHWF) upgraded by Morgan Stanley from Equal Weight to Overweight
- Halma (HLMAF) upgraded by BNP Paribas from Neutral to Outperform
- SoftwareONE (SWONF) upgraded by BNP Paribas from Neutral to Outperform
- AT&S Austria Technologie (ASAAF) upgraded by Oddo BHF from Underperform to Neutral
- Datadog (DDOG) upgraded by Truist from Hold to Buy
Downgrades
- Intercorp Financial (IFS) downgraded by JPMorgan from Overweight to Neutral
- Credicorp (BAP) downgraded by JPMorgan from Overweight to Neutral
- Nubank (NU) downgraded by Citi from Buy to Neutral
- C.H. Robinson (CHRW) downgraded by Citi from Buy to Neutral
- Old Dominion (ODFL) downgraded by Citi from Neutral to Sell
- Caesars (CZR) downgraded by Stifel from Buy to Hold
- MGM Resorts (MGM) downgraded by Stifel from Buy to Hold
- Roku (ROKU) downgraded by Baird from Outperform to Neutral
- Accenture (ACN) downgraded by Morgan Stanley from Overweight to Equal Weight
- Knight-Swift (KNX) downgraded by Citi from Buy to Neutral
- Saia (SAIA) downgraded by Citi from Buy to Neutral
- Runway Growth Finance (RWAY) downgraded by BofA from Neutral to Underperform
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