Upgrades
- Ultragenyx (RARE) upgraded by Evercore ISI from In Line to Outperform
- AB InBev (BUD) upgraded by Bryan Garnier from Sell to Buy
- National Grid (NGG) upgraded by Berenberg from Hold to Buy
- Travis Perkins (TPRKY) upgraded by Stifel from Hold to Buy
- Loma Negra (LOMA) upgraded by Itau BBA from Market Perform to Outperform
- Arco Platform (ARCE) upgraded by Morgan Stanley from Equal Weight to Overweight
- Flex (FLEX) upgraded by Cross Research from Hold to Buy
- United Overseas Bank (UOVEY) upgraded by Daiwa from Hold to Outperform
- MercadoLibre (MELI) upgraded by Stifel from Hold to Buy
- Darden (DRI) upgraded by Cowen from Market Perform to Outperform
- Zynga (ZNGA) upgraded by BofA from Neutral to Buy
- Federal Realty (FRT) upgraded by Piper Sandler from Neutral to Overweight
- Neurocrine (NBIX) upgraded by Barclays from Equal Weight to Overweight
- Accolade (ACCD) upgraded by SVB Leerink from Market Perform to Outperform
- Alcon (ALC) upgraded by Citi from Sell to Neutral
- Maxeon Solar (MAXN) upgraded by Raymond James from Outperform to Strong Buy
- Chemours (CC) upgraded by Argus from Hold to Buy
- Restaurant Brands (QSR) upgraded by Argus from Hold to Buy
Downgrades
- Peloton (PTON) downgraded by BofA from Buy to Neutral
- ITM Power (ITMPF) downgraded by Morgan Stanley from Overweight to Equal Weight
- HeidelbergCement (HDELY) downgraded by Societe Generale from Buy to Hold
- Lundin Energy (LNDNF) downgraded by RBC Capital from Outperform to Sector Perform
- FMC Corporation (FMC) downgraded by Citi from Buy to Neutral
- General Finance Corp (GFN) downgraded by DA Davidson from Buy to Neutral
- Pfizer (PFE) downgraded by Mizuho from Buy to Neutral
- Pioneer Natural (PXD) downgraded by Truist from Buy to Hold
- OC Oerlikon (OERLF) downgraded by Deutsche Bank from Buy to Hold
- OceanFirst Financial (OCFC) downgraded by Stephens from Overweight to Equal Weight
- Cross Country Healthcare (CCRN) downgraded by Benchmark from Buy to Hold
- Sixth Street (TSLX) downgraded by Ladenburg from Buy to Neutral
- Unitil (UTL) downgraded by BofA from Neutral to Underperform
- Cathay Pacific (CPCAY) downgraded by JPMorgan from Overweight to Neutral
- Pure Gold Mining (LRTNF) downgraded by Stifel from Buy to Hold
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