Upgrades
- Aston Martin Lagonda (ARGGY) upgraded by Jefferies from Underperform to Hold
- Braskem (BAK) upgraded by HSBC from Hold to Buy
- Wizz Air (WZZZY) upgraded by UBS from Neutral to Buy
- Lundin Mining (LUNMF) upgraded by UBS from Neutral to Buy
- IPG Photonics (IPGP) upgraded by Raymond James from Market Perform to Outperform
- Estee Lauder (EL) upgraded by Berenberg from Hold to Buy
- Maxeon Solar (MAXN) upgraded by Roth MKM from Neutral to Buy
- ICBC (IDCBY) upgraded by JPMorgan from Neutral to Overweight
- Frontier Developments (FRRDF) upgraded by Peel Hunt from Add to Buy
- HSBC (HSBC) upgraded by CICC from Market Perform to Outperform
- Merck KGaA (MKGAY) upgraded by DZ Bank from Hold to Buy
- Adidas (ADDYY) upgraded by Kepler Cheuvreux from Hold to Buy
- Solvay (SLVYY) upgraded by Kepler Cheuvreux from Hold to Buy
- Shift4 Payments (FOUR) upgraded by MoffettNathanson from Market Perform to Outperform
Downgrades
- CompuGroup (CMPUY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Nordea Bank (NRDBY) downgraded by JPMorgan from Overweight to Neutral
- Ballard Power (BLDP) downgraded by BMO Capital from Market Perform to Underperform
- Boliden (BDNNY) downgraded by DNB Markets from Buy to Hold
- Catalent (CTLT) downgraded by Jefferies from Buy to Hold
- Cinemark (CNK) downgraded by B. Riley from Buy to Neutral
- Sharp (SHCAY) downgraded by Jefferies from Hold to Underperform
- Confluent (CFLT) downgraded by Guggenheim from Buy to Neutral
- Applied Materials (AMAT) downgraded by Needham from Buy to Hold
- KLA Corp. (KLAC) downgraded by Needham from Buy to Hold
- Nova (NVMI) downgraded by Needham from Buy to Hold
- Fujitsu (FJTSY) downgraded by Morgan Stanley from Overweight to Equal Weight
- DoorDash (DASH) downgraded by Gordon Haskett from Buy to Hold
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