Upgrades
- Portland General Electric (POR) upgraded by Goldman Sachs from Neutral to Buy
- Regions (RF) upgraded by Keefe Bruyette from Underperform to Market Perform
- South State (SSB) upgraded by Keefe Bruyette from Market Perform to Outperform
- Canadian National (CNI) upgraded by CIBC from Neutral to Outperformer
- Voya Financial (VOYA) upgraded by Goldman Sachs from Neutral to Buy
- Ecolab (ECL) upgraded by Credit Suisse from Neutral to Outperform
- Martin Marietta (MLM) upgraded by JPMorgan from Neutral to Overweight
- Brenntag (BNTGY) upgraded by Baader Helvea from Add to Buy
- ABC-Mart (AMKYF) upgraded by Daiwa from Neutral to Outperform
- Unicharm (UNICY) upgraded by SMBC Nikko from Neutral to Outperform
- Cosmo Energy (CSGYY) upgraded by Mizuho from Neutral to Buy
- Osaka Titanium (OSTTF) upgraded by Daiwa from Neutral to Buy
- Ciena (CIEN) upgraded by B. Riley from Neutral to Buy
- Wacker Chemie (WKCMF) upgraded by Societe Generale from Sell to Hold
- Meituan (MPNGF) upgraded by Macquarie from Neutral to Outperform
- Arca Continental (EMBVF) upgraded by Citi from Neutral to Buy
Downgrades
- Huntington (HBAN) downgraded by Keefe Bruyette from Market Perform to Underperform
- OP Bancorp (OPBK) downgraded by Keefe Bruyette from Outperform to Market Perform
- Flagstar Bancorp (FBC) downgraded by Keefe Bruyette from Outperform to Market Perform
- BankUnited (BKU) downgraded by Keefe Bruyette from Outperform to Market Perform
- New York Community (NYCB) downgraded by Keefe Bruyette from Outperform to Market Perform
- Lion Electric (LEV) downgraded by CIBC from Outperformer to Neutral
- Travelers (TRV) downgraded by Goldman Sachs from Neutral to Sell
- Micron (MU) downgraded by Piper Sandler from Neutral to Underweight
- Aon plc (AON) downgraded by Morgan Stanley from Equal Weight to Underweight
- Marsh McLennan (MMC) downgraded by Morgan Stanley from Equal Weight to Underweight
- Westlake (WLK) downgraded by JPMorgan from Overweight to Neutral
- Ansell (ANSLY) downgraded by Credit Suisse from Neutral to Underperform
- Joann (JOAN) downgraded by BofA from Buy to Neutral
- First Guaranty Bancshares (FGBI) downgraded by Janney Montgomery Scott from Buy to Neutral
- Centessa (CNTA) downgraded by Jefferies from Buy to Hold
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