Upgrades
- MorphoSys (MOR) upgraded by JPMorgan from Underweight to Overweight
- Skandinaviska Enskilda (SVKEF) upgraded by Barclays from Underweight to Equal Weight
- AutoZone (AZO) upgraded by UBS from Neutral to Buy
- Colruyt (CUYTY) upgraded by Oddo BHF from Underperform to Neutral
- SoftwareONE (SWONF) upgraded by Kepler Cheuvreux from Hold to Buy
- Abcam (ABCM) upgraded by BofA from Neutral to Buy
- West Pharmaceutical (WST) upgraded by BofA from Neutral to Buy
- Santos (SSLZY) upgraded by Citi from Neutral to Buy
Downgrades
- Mersana Therapeutics (MRSN) downgraded by JPMorgan from Overweight to Neutral
- Stora Enso (SEOAY) downgraded by DNB Markets from Buy to Hold
- Endesa (ELEZY) downgraded by Barclays from Overweight to Equal Weight
- SoFi Technologies (SOFI) downgraded by Piper Sandle from Overweightr to Neutral
- SoftwareONE (SWONF) downgraded by Baader Helvea from Buy to Reduce
- SoftBank Group (SFTBY) downgraded by HSBC from Buy to Hold
- Malibu Boats (MBUU) downgraded by B. Riley from Buy to Neutral
- Evotec (EVO) downgraded by BofA from Buy to Neutral
- Gentera (CMPRF) downgraded by Citi from Buy to Neutral
- Nel (NLLSF) downgraded by Bryan Garnier from Neutral to Sell
- Bausch Health (BHC) downgraded by TD Cowen from Outperform to Market Perform
- Truist Financial (TFC) downgraded by Odeon Capital from Buy to Hold
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