Upgrades
- J.B. Hunt (JBHT) upgraded by Deutsche Bank from Hold to Buy
- Medibank Private (MDBPF) upgraded by JPMorgan from Underweight to Overweight
- Booz Allen (BAH) upgraded by Goldman Sachs from Neutral to Buy
- Sartorius (SARTF) upgraded by Berenberg from Hold to Buy
- Derwent London (DWVYF) upgraded by JPMorgan from Neutral to Overweight
- Great Portland Estates (GPEAF) upgraded by JPMorgan from Neutral to Overweight
- ITM Power (ITMPF) upgraded by RBC Capital from Sector Perform to Outperform
- Humana (HUM) upgraded by UBS from Neutral to Buy
- Webjet (WEBJF) upgraded by Citi from Neutral to Buy
- Tikehau Capital (TKKHF) upgraded by Kepler Cheuvreux from Hold to Buy
- Nvidia (NVDA) upgraded by New Street from Neutral to Buy
- Apollo Global (APO) upgraded by Oppenheimer from Perform to Outperform
Downgrades
- Medtronic (MDT) downgraded by Truist from Buy to Hold
- Adidas (ADDYY) downgraded by Baader Helvea from Add to Reduce
- Hecla Mining (HL) downgraded by Roth Capital from Buy to Neutral
- Agile Group (AGPYY) downgraded by Deutsche Bank from Buy to Hold
- CarMax (KMX) downgraded by JPMorgan from Overweight to Neutral
- MTU Aero Engines (MTUAY) downgraded by Oddo BHF from Outperform to Neutral
- Home Point (HMPT) downgraded by JMP Securities from Outperform to Market Perform
- Reynolds Consumer Products (REYN) downgraded by Stifel from Buy to Hold
- Thor Industries (THO) downgraded by Exane BNP Paribas from Neutral to Underperform
- Siemens Energy (SMEGF) downgraded by Exane BNP Paribas from Outperform to Neutral
- Adecco (AHEXY) downgraded by Deutsche Bank from Buy to Hold
- BASF (BASFY) downgraded by Stifel from Buy to Hold
- Covestro (COVTY) downgraded by Stifel from Buy to Hold
- Sony (SONY) downgraded by CLSA from Buy to Outperform
- TransAlta Renewables (TRSWF) downgraded by RBC Capital from Outperform to Sector Perform
- Atlantia (ATASY) downgraded by Kepler Cheuvreux from Buy to Hold
- Tegna (TGNA) downgraded by Argus from Buy to Hold
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