Upgrades
- Lanxess (LNXSF) double upgraded by Goldman Sachs from Sell to Buy
- Ternium (TX) upgraded by Itau BBA from Market Perform to Outperform
- Daqo New Energy (DQ) upgraded by Nomura from Reduce to Neutral
- Nexa Resources (NEXA) upgraded by BMO Capital from Underperform to Market Perform
- Bill.com (BILL) upgraded by Jefferies from Hold to Buy
- Smartsheet (SMAR) upgraded by Jefferies from Hold to Buy
- InterContinental (IHG) upgraded by Peel Hunt from Reduce to Hold
- SFL Corporation (SFL) upgraded by Jefferies from Hold to Buy
- Michelin (MGDDY) upgraded by AlphaValue/Baader from Sell to Reduce
- Weir Group (WEGRY) upgraded by JPMorgan from Neutral to Overweight
- New Fortress Energy (NFE) upgraded by Credit Suisse from Neutral to Outperform
- W. R. Berkley (WRB) upgraded by BofA from Underperform to Neutral
- Oatly Group (OTLY) upgraded by RBC Capital from Sector Perform to Outperform
- Paysign (PAYS) upgraded by DA Davidson from Neutral to Buy
- Weibo (WB) upgraded by Credit Suisse from Neutral to Outperform
Downgrades
- Domino’s Pizza Enterprises (DMZPY) downgraded by Goldman Sachs from Conviction Buy to Buy
- AU Optronics (AUO) downgraded by Morgan Stanley from Overweight to Equal Weight
- Lundin Mining (LUNMF) downgraded by BMO Capital from Outperform to Market Perform
- Admiral Group (AMIGY) downgraded by HSBC from Hold to Reduce
- Stock Spirits (SPPGF) downgraded by HSBC from Buy to Hold
- Sea Limited (SE) downgraded by CLSA from Buy to Outperform
- Nvidia (NVDA) downgraded by Summit Insights from Hold to Sell
- Galapagos (GLPG) downgraded by Barclays from Overweight to Equal Weight
- Toro Company (TTC) downgraded by Baird from Outperform to Neutral
- Illumina (ILMN) downgraded by SVB Leerink from Outperform to Market Perform
- Vipshop (VIPS) downgraded by Credit Suisse from Outperform to Neutral
- Banorte (GBOOY) downgraded by Grupo Santander from Buy to Hold
- Ternium (TX) downgraded by Bradesco BBI from Outperform to Neutral
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