Upgrades
- SenseTime (SNTMF) upgraded by Goldman Sachs from Neutral to Buy
- Adesso (ADSGF) upgraded by Kepler Cheuvreux from Hold to Buy
- CMB.Tech (CMBT) upgraded by Kepler Cheuvreux from Hold to Buy
- Schaeffler (SCFLF) upgraded by Citi from Neutral to Buy
- Keller Group (KLRGF) upgraded by Deutsche Bank from Hold to Buy
- HMS Networks (HMNKF) upgraded by SEB Equities from Hold to Buy
- Ambarella (AMBA) upgraded by Summit Insights from Hold to Buy
- Dollar Tree (DLTR) upgraded by Telsey Advisory from Market Perform to Outperform
- Southwest Gas (SWX) upgraded by BofA from Neutral to Buy
Downgrades
- Aspen Insurance (AHL) downgraded by Citi from Buy to Neutral
- Ayvens (ALLDF) downgraded by Citi from Buy to Neutral
- Vital Energy (VTLE) downgraded by Texas Capital from Buy to Hold
- Cool Company (CLCO) downgraded by Clarksons from Buy to Neutral
- Telecom Italia (TIIAY) downgraded by Oddo BHF from Outperform to Neutral
- ITM Power (ITMPF) downgraded by Peel Hunt from Buy to Hold
- Marvell (MRVL) downgraded by BofA from Buy to Neutral
- Lynas Rare Earths (LYSCF) downgraded by UBS from Buy to Neutral
- Outlook Therapeutics (OTLK) downgraded by H.C. Wainwright
- scPharmaceuticals (SCPH) downgraded by H.C. Wainwright from Buy to Neutral
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