Upgrades
- MAA (MAA) upgraded by Goldman Sachs from Neutral to Buy
- Apartment Income REIT (AIRC) upgraded by Goldman Sachs from Sell to Buy
- American Homes 4 Rent (AMH) upgraded by Goldman Sachs from Neutral to Buy
- BBVA (BBVA) upgraded by AlphaValue/Baader from Add to Buy
- GSK (GSK) upgraded by AlphaValue/Baader from Add to Buy
- Salmar (SALRF) upgraded by Fearnley from Hold to Buy
- IAG (ICAGY) upgraded by BofA from Neutral to Buy
- Lufthansa (DLAKY) upgraded by BofA from Underperform to Neutral
- Hershey (HSY) upgraded by UBS from Neutral to Buy
- Vulcan Materials (VMC) upgraded by JPMorgan from Neutral to Overweight
- Huntington Ingalls (HII) upgraded by Barclays from Equal Weight to Overweight
- AT&T (T) upgraded by Argus from Hold to Buy
- Kearny Financial (KRNY) upgraded by Compass Point from Neutral to Buy
- NLS Pharmaceutics (NLSP) upgraded by Maxim from Hold to Buy
- Times Electric (ZHUZY) upgraded by Goldman Sachs from Buy to Conviction Buy
- Haitian (HAIIF) upgraded by Goldman Sachs from Sell to Neutral
Downgrades
- Wolverine World Wide (WWW) downgraded by Williams Trading from Buy to Hold
- Maple Leaf Foods (MLFNF) downgraded by BMO Capital from Outperform to Market Perform
- AvalonBay (AVB) downgraded by Goldman Sachs from Buy to Neutral
- Polaris (PII) downgraded by BMO Capital from Outperform to Market Perform
- Anglo American (NGLOY) downgraded by Morgan Stanley from Equal Weight to Underweight
- easyJet (ESYJY) downgraded by BofA from Buy to Underperform
- Principal Financial (PFG) downgraded by Credit Suisse from Neutral to Underperform
- Salesforce (CRM) downgraded by Baird from Outperform to Neutral
- AppLovin (APP) downgraded by BTIG from Buy to Neutral
- Unity (U) downgraded by BTIG from Buy to Neutral
- Mondelez (MDLZ) downgraded by UBS from Buy to Neutral
- BMW (BMWYY) downgraded by BofA from Neutral to Underperform
- Volkswagen (VWAGY) downgraded by Exane BNP Paribas from Neutral to Underperform
- Nestle (NSRGY) downgraded by HSBC from Buy to Hold
- Ollie’s Bargain Outlet (OLLI) downgraded by Gordon Haskett from Buy to Accumulate
- Sinclair Broadcast (SBGI) downgraded by JPMorgan from Neutral to Underweight
- Casey’s General Stores (CASY) downgraded by Northcoast from Buy to Neutral
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