Upgrades
- Banco do Brasil (BDORY) upgraded by Citi from Neutral to Buy
- O’Reilly Automotive (ORLY) upgraded by Wolfe Research from Peer Perform to Outperform
- Stepstone Group (STEP) upgraded by Goldman Sachs from Neutral to Buy
- Hamilton Lane (HLNE) upgraded by Goldman Sachs from Sell to Neutral
- High Liner Foods (HLNFF) upgraded by BMO Capital from Market Perform to Outperform
- Nike (NKE) upgraded by RBC Capital from Sector Perform to Outperform
- CSX (CSX) upgraded by RBC Capital from Sector Perform to Outperform
- Relx (RELX) upgraded by Kepler Cheuvreux from Hold to Buy
- PG&E (PCG) upgraded by Morgan Stanley from Underweight to Equal Weight
- Aveanna (AVAH) upgraded by JPMorgan from Underweight to Neutral
- Vale (VALE) upgraded by Scotiabank from Sector Perform to Outperform
- Amicus (VOLD) upgraded by Needham from Hold to Buy
Downgrades
- Floor & Decor (FND) downgraded by Wolfe Research from Outperform to Underperform
- Grupo Mexico (GMBXF) downgraded by Goldman Sachs from Buy to Neutral
- Innate Pharma (IPHA) downgraded by Leerink from Outperform to Market Perform
- Barry Callebaut (BRRLY) downgraded by Deutsche Bank from Buy to Hold
- Tradeweb Markets (TW) downgraded by Rothschild & Co Redburn from Buy to Neutral
- Krones (KRNTY) downgraded by BNP Paribas Exane from Outperform to Neutral
- Box (BOX) downgraded by UBS from Buy to Neutral
- Progressive (PGR) downgraded by Wells Fargo from Overweight to Equal Weight
- Dropbox (DBX) downgraded by UBS from Neutral to Sell
- BASF (BASFY) downgraded by BofA from Neutral to Underperform
- Innate Pharma (IPHA) downgraded by H.C. Wainwright from Buy to Neutral
- Daqo New Energy (DQ ) downgraded by Goldman Sachs from Neutral to Sell
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