Upgrades
- Zeta Global (ZETA) upgraded by KeyBanc from Sector Weight to Overweight
- Centene (CNC) upgraded by Cantor Fitzgerald from Neutral to Overweight
- Armstrong World (AWI) upgraded by Evercore ISI from In Line to Outperform
- Nokia (NOK) upgraded by Arete from Neutral to Buy
- Procore (PCOR) upgraded by Citizens from Market Perform to Outperform
- Franklin Resources (BEN) upgraded by Barclays from Underweight to Equal Weight
- Bayer (BAYRY) upgraded by Rothschild & Co Redburn from Neutral to Buy
- T-Mobile (TMUS) upgraded by Oppenheimer from Perform to Outperform
- Celestica (CLS) upgraded by TD Securities from Hold to Buy
- Elevance Health (ELV) upgraded by BofA from Neutral to Buy
- Molina Healthcare (MOH) upgraded by BofA from Underperform to Buy
- Centene (CNC) upgraded by BofA from Underperform to Buy
- Victoria’s Secret (VSCO) upgraded by BofA from Neutral to Buy
Downgrades
- Purple Innovation (PRPL) downgraded by KeyBanc from Overweight to Sector Weight
- Sysco (SYY) downgraded by Deutsche Bank from Buy to Hold
- Boston Scientific (BSX) downgraded by Daiwa from Outperform to Neutral
- StoneCo (STNE) downgraded by Goldman Sachs from Buy to Neutral
- MercadoLibre (MELI) downgraded by UBS from Buy to Neutral
- Brown-Forman (BF.B) downgraded by JPMorgan from Neutral to Underweight
- Nordic Semiconductor (NDCVF) downgraded by SEB Equities from Buy to Hold
- Kimberly-Clark de Mexico (KCDMY) downgraded by HSBC from Buy to Hold
- Aena (ANYYY) downgraded by Bernstein from Outperform to Market Perform
- Fraport (FRPUY) downgraded by Bernstein from Outperform to Market Perform
- Schroders (SHNWF) downgraded by Citi from Buy to Neutral
- Clearwater Paper (CLW) downgraded by TD Cowen from Buy to Hold
- Universal Health (UHS) downgraded by Raymond James from Outperform to Market Perform
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