Upgrades
- Snap (SNAP) upgraded by Morgan Stanley from Equal Weight to Overweight
- Delta Air Lines (DAL) upgraded by Deutsche Bank from Hold to Buy
- American Airlines (AAL) upgraded by Deutsche Bank from Hold to Buy
- United Airlines (UAL) upgraded by Deutsche Bank from Hold to Buy
- Southwest (LUV) upgraded by Deutsche Bank from Hold to Buy
- JetBlue (JBLU) upgraded by Deutsche Bank from Holdto Buy
- Total Produce (TTPPF) upgraded by Kepler Cheuvreux from Hold to Buy
- Spectris (SEPJF) upgraded by Stifel from Hold to Buy
- Charles Schwab (SCHW) upgraded by Wolfe Research from Underperform to Peer Perform
- Kobe Steel (KBSTF) upgraded by Mizuho from Neutral to Buy
- Marathon Petroleum (MPC) upgraded by JPMorgan from Neutral to Overweight
- Aviva (AVVIY) upgraded by BofA from Neutral to Buy
- Southern Company (SO) upgraded by Credit Suisse from Neutral to Outperform
- Airbnb (ABNB) upgraded by Loop Capital from Hold to Buy
- Cree (CREE) upgraded by Cowen from Market Perform to Outperform
- Dow Inc. (DOW) upgraded by BofA from Underperform to Neutral
- LyondellBasell (LYB) upgraded by BofA from Neutral to Buy
- Foot Locker (FL) upgraded by Evercore ISI from In Line to Outperform
- Marriott (MAR) upgraded by Evercore ISI from In Line to Outperform
- Parker-Hannifin (PH) upgraded by Vertical Research from Hold to Buy
Downgrades
- Petrobras (PBR) downgraded by BTG Pactual from Buy to Neutral
- Petrobras (PBR) downgraded by Credit Suisse from Outperform to Underperform
- Frontline (FRO) downgraded by Jefferies from Buy to Hold
- SunPower (SPWR) downgraded by Credit Suisse from Neutral to Underperform
- United Internet (UDIRF) downgraded by Kepler Cheuvreux from Buy to Hold
- StarHub (SRHBY) downgraded by DBS Bank from Hold to Fully Valued
- InterContinental (IHG) downgraded by Peel Hunt from Hold to Reduce
- AngloGold Ashanti (AU) downgraded by RBC Capital from Outperform to Sector Perform
- Phillips 66 (PSX) downgraded by JPMorgan from Overweight to Neutral
- Consolidated Edison (ED) downgraded by Credit Suisse from Neutral to Underperform
- U.S. Cellular (USM) downgraded by JPMorgan from Overweight to Neutral
- Telephone and Data (TDS) downgraded by JPMorgan from Overweight to Neutral
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