Upgrades
- TFF Group (FRFTF) upgraded by Berenberg from Hold to Buy
- Carl Zeiss Meditec (CZMWY) upgraded by Berenberg from Hold to Buy
- Park24 (PKCOY) upgraded by SMBC Nikko from Neutral to Outperform
- Neoen (NOSPF) upgraded by Oddo BHF from Neutral to Outperform
- Church & Dwight (CHD) upgraded by Deutsche Bank from Hold to Buy
- Porsche (POAHY) upgraded by AlphaValue/Baader from Add to Buy
- Avantor (AVTR) upgraded by Citi from Neutral to Buy
- Silicon Motion (SIMO) upgraded by Susquehanna from Neutral to Positive
- Ford (F) upgraded by Morgan Stanley from Equal Weight to Overweight
- Transurban (TRAUF) upgraded by Credit Suisse from Underperform to Neutral
- Charles Schwab (SCHW) upgraded by Erste Group from Hold to Buy
- ConocoPhillips (COP) upgraded by Erste Group from Hold to Buy
- Walmart (WMT) upgraded by Erste Group from Hold to Buy
- Americanas (BTOOY) upgraded by Morgan Stanley from Equal Weight to Overweight
Downgrades
- Goldman Sachs (GS) downgraded by Atlantic Equities from Neutral to Underweight
- Morgan Stanley (MS) downgraded by Atlantic Equities from Overweight to Neutral
- Farmers National (FMNB) downgraded by Piper Sandler from Overweight to Neutral
- GB Group (GBGPF) downgraded by Investec from Buy to Hold
- SVB Financial (SIVB) downgraded by Morgan Stanley from Overweight to Equal Weight
- Lumen (LUMN) downgraded by Wells Fargo from Overweight to Equal Weight
- Janus Henderson (JHG) downgraded by Credit Suisse from Neutral to Underperform
- Ascential (AIAPF) downgraded by Deutsche Bank from Buy to Hold
- Poshmark (POSH) downgraded by Barclays from Overweight to Equal Weight
- Laredo Petroleum (LPI) downgraded by Piper Sandler from Overweight to Neutral
- Cross Country Healthcare (CCRN) downgraded by Truist from Buy to Hold
- BNP Paribas (BNPQY) downgraded by Erste Group from Buy to Hold
- Nike (NKE) downgraded by Erste Group from Buy to Hold
- TotalEnergies (TTE) downgraded by Erste Group from Buy to Hold
- Medallion Financial (MFIN) downgraded by Northland from Outperform to Market Perform
- Chemours (CC) downgraded by Argus from Buy to Hold
- Twitter (TWTR) downgraded by Vertical Group from Buy to Neutral
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