Upgrades
- Denny’s (DENN) upgraded by Truist from Hold to Buy
- Legal & General (LGGNY) upgraded by Jefferies from Hold to Buy
- Prologis (PLD) upgraded by Goldman Sachs from Buy to Conviction Buy
- Norway Royal Salmon (NRYYF) upgraded by Pareto from Hold to Buy
- Leroy Seafood (LYSFY) upgraded by Pareto from Hold to Buy
- Richemont (CFRUY) upgraded by HSBC from Hold to Buy
- Yara (YARIY) upgraded by Nordea from Hold to Buy
- Komatsu (KMTUY) upgraded by JPMorgan from Neutral to Overweight
- Husqvarna (HSQVY) upgraded by Pareto from Hold to Buy
- Carnival (CCL) upgraded by Berenberg from Sell to Hold
- Aramark (ARMK) upgraded by Berenberg from Hold to Buy
- Coterra Energy (CTRA) upgraded by Piper Sandler from Neutral to Overweight
- Harbour Energy (HBRIY) upgraded by Morgan Stanley from Equal Weight to Overweight
- Italgas (ITGGF) upgraded by Citi from Sell to Neutral
- Snam (SNMRF) upgraded by Citi from Sell to Neutral
Downgrades
- Canadian National (CNI) downgraded by RBC Capital from Outperform to Sector Perform
- Avaya (AVYA) downgraded by Barclays from Overweight to Equal Weight
- Lam Research (LRCX) downgraded by Summit Insights from Buy to Hold
- Krispy Kreme (DNUT) downgraded by HSBC from Buy to Hold
- Rentokil (RTOKY) downgraded by Peel Hunt from Add to Hold
- Fiverr (FVRR) downgraded by RBC Capital from Outperform to Sector Perform
- Wix.com (WIX) downgraded by RBC Capital from Outperform to Sector Perform
- TCR2 (TCRR) downgraded by SVB Lerrink on ‘protracted road’ to recovery
- Interfor (IFSPF) downgraded by CIBC from Outperformer to Neutral
- Resolute Forest (RFP) downgraded by CIBC from Outperformer to Neutral
- Western Forest (WFG) downgraded by CIBC from Outperformer to Neutral
- Keyera (KEYUF) downgraded by CIBC from Outperformer to Neutral
- Nilar International (NILRF) downgraded by Berenberg from Buy to Hold
- Tullow Oil (TUWOY) downgraded by Morgan Stanley from Overweight to Equal Weight
- Red Electrica (RDEIY) downgraded by Citi from Buy to Neutral
- Vale (VALE) downgraded by RBC Capital from Outperform to Underperform
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