Upgrades
- Hutchmed (HCM) upgraded by Morgan Stanley from Underweight to Equal Weight
- XPeng (XPEV) upgraded by Macquarie from Neutral to Outperform
- Snowflake (SNOW) upgraded by HSBC from Hold to Buy
- Essential Utilities (WTRG) upgraded by UBS from Neutral to Buy
- American Water (AWK) upgraded by UBS from Neutral to Buy
- Tamarack Valley Energy (TNEYF) upgraded by Canaccord from Hold to Buy
- Charles River (CRL) upgraded by CLSA from Hold to Outperform
- Federal Realty (FRT) upgraded by Deutsche Bank from Hold to Buy
- BHP Group (BHP) upgraded by DZ Bank from Sell to Hold
- Valvoline (VVV) upgraded by JPMorgan from Underweight to Neutral
- Everforth (EFOR) upgraded by Jefferies from Underperform to Hold
- SentinelOne (S) upgraded by BofA from Neutral to Buy
Downgrades
- Equity Residential (EQR) downgraded by Piper Sandler from Overweight to Neutral
- Cogent (CCOI) downgraded by JPMorgan from Overweight to Neutral
- Regency Centers (REG) downgraded by Deutsche Bank from Buy to Hold
- Gap (GAP) downgraded by JPMorgan from Overweight to Neutral
- Orkla (ORKLY) downgraded by UBS from Neutral to Sell
- Caesars (CZR) downgraded by JPMorgan from Overweight to Neutral
- Elekta (EKTAY) downgraded by SEB Equities from Buy to Hold
- SentinelOne (S) downgraded by Raymond James from Strong Buy to Market Perform
- Epam Systems (EPAM) downgraded by Jefferies from Buy to Hold
- Grid Dynamics (GDYN) downgraded by Jefferies from Buy to Hold
- Best Buy (BBY) downgraded by UBS from Buy to Neutral
- Gap (GAP) downgraded by Evercore ISI from Outperform to In Line
- Equity Residential (EQR) downgraded by Piper Sandler from Overweight to Neutral
- Rollins (ROL) downgraded by Bernstein from Outperform to Market Perform
- Boston Scientific (BSX) downgraded by Wolfe Research from Outperform to Peer Perform
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