Upgrades
- Digital Realty (DLR) upgraded by Wolfe Research from Peer Perform to Outperform
- Darden (DRI) upgraded by Goldman Sachs from Neutral to Buy
- Gaming and Leisure (GLPI) upgraded by Barclays from Equal Weight to Overweight
- KLA Corp. (KLAC) upgraded by Barclays from Equal Weight to Overweight
- Apollo Commercial (ARI) upgraded by JPMorgan from Neutral to Overweight
- Triumph Financial (TFIN) upgraded by B. Riley from Neutral to Buy
- Sempra Energy (SRE) upgraded by Barclays from Equal Weight to Overweight
- Healthcare Realty (HR) upgraded by Wells Fargo from Underweight to Equal Weight
- Prologis (PLD) upgraded by BMO Capital from Underperform to Market Perform
- Ally Financial (ALLY) upgraded by TD Cowen from Hold to Buy
- Marsh McLennan (MMC) upgraded by Goldman Sachs from Sell to Neutral
- IAMGold (IAG) upgraded by Stifel from Hold to Buy
- Lululemon (LULU) upgraded by BNP Paribas Exane from Underperform to Neutral
Downgrades
- Rivian (RIVN) downgraded by Mizuho from Neutral to Underperform
- Texas Instruments (TXN) downgraded by Mizuho from Neutral to Underperform
- Skyworks (SWKS) downgraded by Mizuho from Neutral to Underperform
- Lumentum (LITE) downgraded by Barclays from Overweight to Equal Weight
- Marvell (MRVL) downgraded by Barclays from Overweight to Equal Weight
- Progressive (PGR) downgraded by Morgan Stanley from Equal Weight to Underweight
- KKR Real Estate Finance (KREF) downgraded by JPMorgan from Overweight to Neutral
- Rexford Industrial (REXR) downgraded by Wolfe Research from Outperform to Peer Perform
- Yara (YARIY) downgraded by Danske Bank from Buy to Hold
- Humble Group (HMBAF) downgraded by Nordea from Buy to Hold
- Gibson Energy (GBNXF) downgraded by Scotiabank from Outperform to Sector Perform
- Gildan Activewear (GIL) downgraded by Citi from Buy to Neutral
- Rinnai (RINIY) downgraded by Goldman Sachs from Buy to Neutral
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