Upgrades
- Macerich (MAC) upgraded by Piper Sandler from Underweight to Neutral
- PVA TePla (TPLKF) upgraded by Deutsche Bank from Hold to Buy
- GAP Airports (PAC) upgraded by JPMorgan from Underweight to Neutral
- WM (WM) upgraded by JPMorgan from Neutral to Overweight
- Wix.com (WIX) upgraded by Baird from Neutral to Outperform
- Charles River (CRL) upgraded by Redburn Atlantic from Neutral to Buy
- Thule Group (THUPY) upgraded by Nordea from Hold to Buy
- Adidas (ADDYY) upgraded by DZ Bank from Hold to Buy
- Hoya Corp. (HOCPY) upgraded by Erste Group from Hold to Buy
- Morgan Stanley (MS) upgraded by Erste Group from Hold to Buy
- Southwest Gas (SWX) upgraded by BofA from Underperform to Neutral
- Sonoco (SON) upgraded by Wells Fargo from Underweight to Overweight
Downgrades
- UMC (UMC) downgraded by Goldman Sachs from Neutral to Sell
- Radian Group (RDN) downgraded by Compass Point from Buy to Neutral
- Tele2 (TLTZY) downgraded by Kepler Cheuvreux from Buy to Hold
- Topsports (TPSRF) downgraded by Deutsche Bank from Buy to Hold
- Deckers Outdoor (DECK) downgraded by KeyBanc from Overweight to Sector Weight
- GFL Environmental (GFL) downgraded by JPMorgan from Overweight to Neutral
- Games Workshop (GMWKF) downgraded by Peel Hunt from Buy to Add
- Deckers Outdoor (DECK) downgraded by Telsey Advisory from Outperform to Market Perform
- Reinsurance Group (RGA) downgraded by Raymond James from Strong Buy to Market Perform
- Sea Limited (SE) downgraded by Phillip Securities from Accumulate to Neutral
- McDonald’s (MCD) downgraded by Erste Group from Buy to Hold
- CME Group (CME) downgraded by Erste Group from Buy to Hold
- Vertex Pharmaceuticals (VRTX) downgraded by Erste Group from Buy to Hold
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