Upgrades
- Pfizer (PFE) upgraded by RBC Capital from Underperform to Sector Perform
- GlobalFoundries (GFS) upgraded by Arete from Neutral to Buy
- Western Midstream (WES) upgraded by Morgan Stanley from Underweight to Equal Weight
- Adidas (ADDYY) upgraded by RBC Capital from Sector Perform to Outperform
- STMicroelectronics (STM) upgraded by BofA from Neutral to Buy
- Cava Group (CAVA) upgraded by UBS from Neutral to Buy
- Danone (DANOY) upgraded by Grupo Santander from Neutral to Outperform
- BorgWarner (BWA) upgraded by UBS from Neutral to Buy
- Cracker Barrel (CBRL) upgraded by Wells Fargo from Equal Weight to Overweight
- RenaissanceRe (RNR) upgraded by Citi from Neutral to Buy
- Illumina (ILMN) upgraded by JPMorgan from Neutral to Overweight
- Entergy (ETR) upgraded by Evercore ISI from In Line to Outperform
- Devon Energy (DVN) upgraded by Evercore ISI from In Line to Outperform
Downgrades
- Nuvalent (NUVL) downgraded by TD Cowen from Buy to Hold
- Nuvalent (NUVL) downgraded by Truist from Buy to Hold
- Soitec (SLOIY) downgraded by Jefferies from Hold to Underperform
- TC Energy (TRP) downgraded by Morgan Stanley from Overweight to Equal Weight
- Hess Midstream LP (HESM) downgraded by Morgan Stanley from Equal Weight to Underweight
- Nutrien (NTR) downgraded by Berenberg from Buy to Hold
- Wienerberger (WBRBY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Beiersdorf (BDRFY) downgraded by Barclays from Overweight to Equal Weight
- Traxion (GRPOF) downgraded by JPMorgan from Overweight to Neutral
- Nike (NKE) downgraded by RBC Capital from Outperform to Sector Perform
- Nuvalent (NUVL) downgraded by UBS from Buy to Neutral
- Taylor Morrison (TMHC) downgraded by Wolfe Research from Outperform to Peer Perform
- Bill (BILL) downgraded by Truist from Buy to Hold
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