Upgrades
- Prologis (PLD) upgraded by JPMorgan from Neutral to Overweight
- BNY Mellon (BK) upgraded by JPMorgan from Neutral to Overweight
- Tanger Factory (SKT) upgraded by JPMorgan from Neutral to Overweight
- Equifax (EFX) upgraded by Jefferies from Hold to Buy
- Salesforce (CRM) upgraded by Wolfe Research from Peer Perform to Outperform
- Canadian Solar (CSIQ) upgraded by Goldman Sachs from Sell to Neutral
- Snap (SNAP) upgraded by Guggenheim from Neutral to Buy
- Royal Bank of Canada (RY) upgraded by BofAA from Neutral to Buy
- Bank of Montreal (BMO) upgraded by BofA from Neutral to Buy
- Progressive (PGR) upgraded by Wells Fargo from Equal Weight to Overweight
- First Internet Bancorp (INKB) upgraded by Craig-Hallum from Hold to Buy
- Lightspeed (LSPD) upgraded by JPMorgan from Underweight to Neutral
Downgrades
- Roku (ROKU) downgraded by Seaport Research from Neutral to Sell
- Archer Daniels (ADM) downgraded by BMO Capital from Outperform to Market Perform
- Re/Max Holdings (RMAX) downgraded by JPMorgan from Neutral to Underweight
- M&T Bank (MTB) downgraded by Deutsche Bank from Buy to Hold
- Shopify (SHOP) downgraded by JMP Securities from Outperform to Market Perform
- Arm (ARM) downgraded by Deutsche Bank from Buy to Hold
- Bayer (BAYRY) downgraded by HSBC from Hold to Reduce
- UnitedHealth (UNH) downgraded by HSBC from Hold to Reduce
- AbbVie (ABBV) downgraded by HSBC from Buy to Hold
- Novartis (NVS) downgraded by HSBC from Buy to Hold
- Nokia (NOK) downgraded by Goldman Sachs from Buy to Neutral
- Chubb (CB) downgraded by Wells Fargo from Overweight to Equal Weight
- Palo Alto Networks (PANW) downgraded by Raymond James from Outperform to Market Perform
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