Upgrades
- Banco Macro (BMA) upgraded by HSBC from Hold to Buy
- Orange (ORANY) upgraded by Goldman Sachs from Neutral to Buy
- L’Oreal (LRLCY) upgraded by BNP Paribas from Underperform to Neutral
- Bureau Veritas (BVRDF) upgraded by RBC Capital from Underperform to Sector Perform
- Intertek (IKTSY) upgraded by RBC Capital from Sector Perform to Outperform
- Devon Energy (DVN) upgraded by Raymond James from Outperform to Strong Buy
- UFP Industries (UFPI) upgraded by BMO Capital from Market Perform to Outperform
- Dormakaba (DRRKF) upgraded by Oddo BHF from Neutral to Outperform
- BT Group (BTGOF) upgraded by BofA from Neutral to Buy
- Hafnia (HAFN) upgraded by SEB Equities from Hold to Buy
- GAP Airports (PAC) upgraded by Bradesco BBI from Neutral to Outperform
- Cogent (CCOI) upgraded by JPMorgan from Neutral to Overweight
- Ulta Beauty (ULTA) upgraded by BofA from Neutral to Buy
Downgrades
- Roblox (RBLX) downgraded by Piper Sandler from Overweight to Neutral
- ARC Resources (AETUF) downgraded by TD Securities from Buy to Sell
- Global Business Travel (GBTG) downgraded by BTIG from Buy to Neutral
- Tractor Supply (TSCO) downgraded by Piper Sandler from Overweight to Neutral
- James River Group (JRVR) downgraded by Citizens from Outperform to Market Perform
- Inspire Medical (INSP) downgraded by Piper Sandler from Overweight to Neutral
- Inspire Medical (INSP) downgraded by BofA from Buy to Neutral
- Lowe’s (LOW) reinstated by BofA from Buy at Neutral
- Verizon (VZ) downgraded by Erste Group from Buy to Hold
- Amgen (AMGN) downgraded by Erste Group from Buy to Hold
- Repay Holdings (RPAY) downgraded by Stephens from Overweight to Equal Weight
- Shell (SHEL) downgraded by Erste Group from Buy to Hold
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