Upgrades
- Fevertree Drinks (FQVTF) upgraded by RBC Capital from Underperform to Sector Perform
- Micron (MU) upgraded by Deutsche Bank from Hold to Buy
- Azul (AZUL) upgraded by JPMorgan from Neutral to Overweight
- China Resources Gas (CGASY) upgraded by JPMorgan from Neutral to Overweight
- Skechers (SKX) upgraded by Piper Sandler from Neutral to Overweight
- DoorDash (DASH) upgraded by Mizuho from Neutral to Buy
- Annaly Capital (NLY) upgraded by UBS from Neutral to Buy
- Kimco Realty (KIM) upgraded by Mizuho from Neutral to Buy
- Volvo (VLVLY) upgraded by DNB Markets from Hold to Buy
- L3Harris Technologies (LHX) upgraded by Wells Fargo from Equal Weight to Overweight
- Lockheed Martin (LMT) upgraded by Wells Fargo from Underweight to Equal Weight
- Ralph Lauren (RL) upgraded by Guggenheim from Neutral to Buy
- Carvana (CVNA) upgraded by Wedbush from Underperform to Neutral
Downgrades
- Valeo (VLEEY) downgraded by Goldman Sachs from Neutral to Sell
- Dropbox (DBX) downgraded by William Blair from Outperform to Market Perform
- AP Moller Maersk (AMKBY) downgraded by JPMorgan from Overweight to Neutral
- VF Corp. (VFC) downgraded by Piper Sandler from Overweight to Neutral
- Planet Fitness (PLNT) downgraded by Jefferies from Buy to Hold
- Paymentus (PAY) downgraded by Baird from Outperform to Neutral
- Federal Realty (FRT) downgraded by Mizuho from Buy to Neutral
- NetApp (NTAP) downgraded by William Blair from Outperform to Market Perform
- Suncor (SU) downgraded by Desjardins from Buy to Hold
- Global Payments (GPN) downgraded by Redburn from Neutral to Sell
- PayPal (PYPL) downgraded by MoffettNathanson from Outperform to Market Perform
- Frontier Group (ULCC) downgraded by Evercore ISI from Outperform to In Line
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