Analyst Stock Upgrades and Downgrades

12/24/25	Upgrades	Neutral Buy	X
COST Costco Northcoast
12/24/25	Downgrades	Buy Neutral	X
SPIR Spire Global Alliance Global Partners
12/23/25	Upgrades	Hold Buy	X
AME Ametek TD Cowen
12/23/25	Downgrades	Outperform Mkt Perform	X
BRO Brown & Brown BMO Capital Markets
12/23/25	Downgrades	Mkt Perform Underperform	X
SCCO Southern Copper Itau BBA
12/23/25	Upgrades	Neutral Overweight	X
SEIC SEI Investments Piper Sandler
12/19/25	Downgrades	Overweight Eq Weight	X
ACM Aecom Tech Barclays
$100
12/19/25	Downgrades	Eq Weight Underweight	X
AGCO AGCO Corp Barclays
$93
12/19/25	Downgrades	Strong Buy Outperform	X
ALGT Allegiant Travel Raymond James
$98
12/19/25	Downgrades	Overweight Eq Weight	X
APD Air Products Wells Fargo
$250
12/19/25	Upgrades	Mkt Perform Outperform	X
BCSF Bain Capital Specialty Finance Keefe Bruyette
$16
12/19/25	Downgrades	Overweight Eq Weight	X
CE Celanese Wells Fargo
$45
12/19/25	Upgrades	Eq Weight Overweight	X
CMI Cummins Barclays
$546
12/19/25	Downgrades	Buy Hold	X
ELV Elevance Health Deutsche Bank
$320
12/19/25	Downgrades	Overweight Eq Weight	X
EMN Eastman Chemical Wells Fargo
$70
12/19/25	Downgrades	Buy Hold	X
EXP Eagle Materials Truist
$210
12/19/25	Upgrades	Eq Weight Overweight	X
GNRC Generac Wells Fargo
$195
12/19/25	Downgrades	Outperform Neutral	X
HOWL Werewolf Therapeutics Wedbush
$1
12/19/25	Downgrades	Overweight Neutral	X
LMT Lockheed Martin JP Morgan
$515
12/19/25	Downgrades	Outperform Mkt Perform	X
LNKB LINKBANCORP Hovde Group
$9.25
12/19/25	Downgrades	Overweight Eq Weight	X
LYB LyondellBasell Wells Fargo
$45
12/19/25	Downgrades	Neutral Underperform	X
LYFT Lyft Wedbush
$16
12/19/25	Upgrades	Neutral Overweight	X
PCAR PACCAR JP Morgan
$133
12/19/25	Upgrades	Mkt Perform Outperform	X
SFBS ServisFirst Bancshares Hovde Group
$89
12/19/25	Upgrades	Mkt Perform Mkt Outperform	X
SYK Stryker Citizens JMP
$440
12/19/25	Upgrades	Eq Weight Overweight	X
VLRS Volaris Aviation Barclays
$11
12/18/25	Downgrades	Buy Neutral	X
ABM ABM Industries UBS
$51
12/18/25	Downgrades	Outperform Mkt Perform	X
ALL Allstate William Blair
12/18/25	Downgrades	Outperform Neutral	X
ARGX argenx Robert W. Baird
$858
12/18/25	Downgrades	Overweight Eq-Weight	X
CNK Cinemark Morgan Stanley
$28
12/18/25	Downgrades	Outperform Neutral	X
COLD Americold Realty Trust Robert W. Baird
$13
12/18/25	Upgrades	Mkt Perform Mkt Outperform	X
CORZ Core Scientific Citizens JMP
$30
12/18/25	Upgrades	Neutral Buy	X
CYTK Cytokinetics Goldman
$95
12/18/25	Upgrades	Sell Neutral	X
ENPH Enphase Energy Goldman
$29
12/18/25	Downgrades	Eq-Weight Underweight	X
EPD Enterprise Products Morgan Stanley
$34
12/18/25	Downgrades	Overweight Eq-Weight	X
ET Energy Transfer Morgan Stanley
$19
12/18/25	Downgrades	Outperform Neutral	X
EVRG Evergy Mizuho
$76
12/18/25	Upgrades	Neutral Overweight	X
EW Edwards Lifesciences JP Morgan
$100
12/18/25	Upgrades	Neutral Overweight	X
FRT Federal Realty JP Morgan
$114
12/18/25	Upgrades	Neutral Overweight	X
GBCI Glacier Bancorp Piper Sandler
$58
12/18/25	Upgrades	Neutral Overweight	X
HP Helmerich & Payne Piper Sandler
$35
12/18/25	Downgrades	Mkt Perform Underperform	X
KMPR Kemper William Blair
12/18/25	Downgrades	Neutral Underweight	X
KW Kennedy Wilson JP Morgan
$11
12/18/25	Downgrades	Neutral Underperform	X
LEN Lennar BofA Securities
$95
12/18/25	Downgrades	In-line Underperform	X
LEN Lennar Evercore ISI
$92
12/18/25	Downgrades	Sec Perform Underperform	X
LEN Lennar RBC Capital Mkts
$95
12/18/25	Upgrades	Mkt Perform Outperform	X
MAN Manpower BMO Capital Markets
$44
12/18/25	Upgrades	Mkt Perform Outperform	X
MRK Merck BMO Capital Markets
$130
12/18/25	Upgrades	Neutral Buy	X
MU Micron BofA Securities
$300
12/18/25	Upgrades	Underweight Overweight	X
NBR Nabors Industries Piper Sandler
$65
12/18/25	Upgrades	Mkt Perform Outperform	X
NMIH NMI Hldgs Keefe Bruyette
$48
12/18/25	Downgrades	Neutral Underweight	X
O Realty Income JP Morgan
$61
12/18/25	Upgrades	Neutral Overweight	X
PEN Penumbra JP Morgan
$370
12/18/25	Downgrades	Outperform Mkt Perform	X
PGR Progressive William Blair
12/18/25	Upgrades	Mkt Perform Outperform	X
PMT PennyMac Mortgage Keefe Bruyette
$13.50
12/18/25	Downgrades	Overweight Neutral	X
PSA Public Storage JP Morgan
$301
12/18/25	Downgrades	Eq-Weight Underweight	X
PYPL PayPal Morgan Stanley
$51
12/18/25	Downgrades	Overweight Neutral	X
REG Regency Centers JP Morgan
$76
12/18/25	Upgrades	Neutral Outperform	X
RIVN Rivian Automotive Robert W. Baird
$25
12/18/25	Upgrades	Neutral Overweight	X
RNGR Ranger Energy Services Piper Sandler
$17
12/18/25	Upgrades	Neutral Buy	X
RTO Rentokil Initial plc BofA Securities
$34
12/18/25	Downgrades	Outperform Neutral	X
SEE Sealed Air Robert W. Baird
$42
12/18/25	Upgrades	Underweight Neutral	X
SHAK Shake Shack JP Morgan
$90
12/18/25	Upgrades	Neutral Buy	X
SHW Sherwin-Williams Citigroup
$390
12/18/25	Downgrades	Buy Neutral	X
SLP Simulations Plus BTIG Research
12/18/25	Upgrades	Eq-Weight Overweight	X
SPHR Sphere Entertainment Co. Morgan Stanley
$105
12/18/25	Upgrades	Sec Perform Outperform	X
TD Toronto-Dominion Bank National Bank Financial
12/18/25	Downgrades	Neutral Underweight	X
UDR UDR JP Morgan
$40
12/18/25	Downgrades	Overweight Neutral	X
WELL Welltower JP Morgan
$205
12/18/25	Upgrades	Eq-Weight Overweight	X
WMG Warner Music Group Morgan Stanley
$37
12/18/25	Downgrades	Neutral Underweight	X
XPRO Expro Group Piper Sandler
$13
12/17/25	Upgrades	Sec Perform Outperform	X
ABNB Airbnb RBC Capital Mkts
$170
12/17/25	Upgrades	Eq Weight Overweight	X
ALLY Ally Financial Wells Fargo
$52
12/17/25	Downgrades	Hold Underperform	X
AVTR Avantor Jefferies
$9
12/17/25	Downgrades	Eq Weight Underweight	X
BALY Bally’s Corporation Barclays
$11
12/17/25	Downgrades	Neutral Sell	X
BF-B Brown-Forman Citigroup
$27
12/17/25	Upgrades	Sell Neutral	X
CHD Church & Dwight Citigroup
$87
12/17/25	Upgrades	Hold Buy	X
CHD Church & Dwight Jefferies
$102
12/17/25	Downgrades	Eq-Weight Underweight	X
CLVT Clarivate Morgan Stanley
$3
12/17/25	Upgrades	Neutral Overweight	X
COUR Coursera JP Morgan
$12
12/17/25	Upgrades	Neutral Sec Outperform	X
CWEN Clearway Energy CIBC
$38
12/17/25	Upgrades	Underweight Eq-Weight	X
FDS FactSet Morgan Stanley
$307
12/17/25	Downgrades	Neutral Underweight	X
FTNT Fortinet JP Morgan
$75
12/17/25	Upgrades	Neutral Outperform	X
GLPI Gaming and Leisure Properties Mizuho
$50
12/17/25	Upgrades	Neutral Buy	X
GWRE Guidewire Software DA Davidson
$250
12/17/25	Upgrades	Eq Weight Overweight	X
H Hyatt Hotels Barclays
$200
12/17/25	Upgrades	Sec Weight Overweight	X
HRI Herc Holdings KeyBanc Capital Markets
$200
12/17/25	Upgrades	Hold Buy	X
IVZ Invesco Deutsche Bank
$31
12/17/25	Downgrades	Buy Hold	X
KDP Keurig Dr Pepper Jefferies
$32
12/17/25	Downgrades	Overweight Eq Weight	X
MGM MGM Resorts Barclays
$38
12/17/25	Upgrades	Eq-Weight Overweight	X
MSI Motorola Solutions Morgan Stanley
$436
12/17/25	Upgrades	Neutral Outperform	X
NJR NJ Resources Mizuho
$54
12/17/25	Upgrades	Hold Buy	X
PG Procter & Gamble Jefferies
$179
12/17/25	Downgrades	Outperform Mkt Perform	X
PVH PVH Telsey Advisory Group
$82
12/17/25	Upgrades	Eq-Weight Overweight	X
ROL Rollins Morgan Stanley
$72
12/17/25	Upgrades	Neutral Overweight	X
RXRX Recursion Pharmaceuticals JP Morgan
$11
12/17/25	Downgrades	Overweight Eq Weight	X
SG Sweetgreen Wells Fargo
$7
12/17/25	Upgrades	Underweight Eq Weight	X
SMMT Summit Therapeutics Barclays
$18
12/17/25	Upgrades	Neutral Overweight	X
SQM Sociedad Quimica y Minera JP Morgan
$79
12/17/25	Downgrades	Buy Hold	X
STZ Constellation Brands Jefferies
$154
12/17/25	Upgrades	Underweight Eq Weight	X
TNL Travel + Leisure Co Barclays
$70
12/17/25	Upgrades	Eq Weight Overweight	X
TXRH Texas Roadhouse Wells Fargo
$195
12/17/25	Upgrades	Mkt Perform Outperform	X
URBN Urban Outfitters Telsey Advisory Group
$98
12/17/25	Upgrades	Mkt Perform Outperform	X
VSCO Victoria’s Secret Telsey Advisory Group
$66
12/17/25	Downgrades	Buy Hold	X
VTGN VistaGen Jefferies
$0.90
12/17/25	Downgrades	Buy Hold	X
VTGN VistaGen Maxim Group
12/17/25	Downgrades	Buy Hold	X
VTGN VistaGen Stifel
$1
12/17/25	Downgrades	Outperform Mkt Perform	X
VTGN VistaGen William Blair
12/17/25	Downgrades	Overweight Underweight	X
WTRG Essential Utilities Barclays
$38
12/16/25	Upgrades	Eq-Weight Overweight	X
ACN Accenture Morgan Stanley
$320
12/16/25	Downgrades	Eq-Weight Underweight	X
ADM ADM Morgan Stanley
$50
12/16/25	Downgrades	Hold Underperform	X
ADP Automatic Data Jefferies
$230
12/16/25	Upgrades	Underweight Eq-Weight	X
ALB Albemarle Morgan Stanley
$147
12/16/25	Downgrades	Overweight Eq-Weight	X
ALL Allstate Morgan Stanley
$215
12/16/25	Upgrades	Sec Perform Sec Outperform	X
AQN Algonquin Power & Utilities Scotiabank
12/16/25	Downgrades	Overweight Eq-Weight	X
ATO Atmos Energy Morgan Stanley
$172
12/16/25	Downgrades	Outperform Peer Perform	X
AZO AutoZone Wolfe Research
12/16/25	Upgrades	Eq-Weight Overweight	X
BG Bunge Morgan Stanley
$120
12/16/25	Upgrades	Sell Buy	X
CGNX Cognex Goldman
$50
12/16/25	Downgrades	Buy Hold	X
CHH Choice Hotels Argus
12/16/25	Upgrades	Eq Weight Overweight	X
CHRW C.H. Robinson Barclays
$200
12/16/25	Downgrades	Overweight Eq Weight	X
CPRI Capri Holdings Wells Fargo
$27
12/16/25	Downgrades	Overweight Eq-Weight	X
DCOM Dime Community Stephens
$33
12/16/25	Downgrades	Buy Hold	X
DOC Healthpeak Properties Jefferies
$17
12/16/25	Downgrades	Buy Hold	X
ESS Essex Property Jefferies
$282
12/16/25	Upgrades	Hold Buy	X
FRT Federal Realty Jefferies
$115
12/16/25	Downgrades	Buy Hold	X
GBIO Generation Bio Jefferies
$5
12/16/25	Upgrades	Neutral Outperform	X
GBIO Generation Bio Wedbush
$5.50
12/16/25	Upgrades	Eq-Weight Overweight	X
GD General Dynamics Morgan Stanley
$408
12/16/25	Downgrades	Overweight Sec Weight	X
GTLB GitLab KeyBanc Capital Markets
12/16/25	Upgrades	Eq-Weight Overweight	X
IDA IdaCorp Morgan Stanley
$139
12/16/25	Downgrades	Neutral Sell	X
ITW Illinois Tool Works Goldman
$230
12/16/25	Upgrades	Sec Perform Outperform	X
JKHY Jack Henry RBC Capital Mkts
$210
12/16/25	Downgrades	Buy Neutral	X
JRVR James River Group Compass Point
$7
12/16/25	Upgrades	Neutral Overweight	X
KLAC KLA Corporation Cantor Fitzgerald
$1500
12/16/25	Upgrades	Eq-Weight Overweight	X
LHX L3Harris Morgan Stanley
$367
12/16/25	Upgrades	Neutral Buy	X
LLY Eli Lilly Daiwa Securities
$1230
12/16/25	Upgrades	Underweight Eq-Weight	X
LMND Lemonade Morgan Stanley
$85
12/16/25	Downgrades	Overweight Eq-Weight	X
LMT Lockheed Martin Morgan Stanley
$543
12/16/25	Downgrades	Outperform Mkt Perform	X
MC Moelis Keefe Bruyette
$80
12/16/25	Upgrades	Neutral Overweight	X
MCHP Microchip Cantor Fitzgerald
$85
12/16/25	Upgrades	Neutral Buy	X
MCO Moody’s Goldman
$570
12/16/25	Upgrades	Sell Neutral	X
NOW ServiceNow Guggenheim
12/16/25	Upgrades	Hold Buy	X
OKTA Okta Jefferies
$125
12/16/25	Upgrades	Eq-Weight Overweight	X
OUT OUTFRONT Media Morgan Stanley
$28
12/16/25	Downgrades	Outperform Neutral	X
RMD ResMed Robert W. Baird
$275
12/16/25	Upgrades	Sell Neutral	X
ROK Rockwell Automation Goldman
$448
12/16/25	Upgrades	Underweight Overweight	X
ROKU Roku Morgan Stanley
$135
12/16/25	Upgrades	Underweight Eq-Weight	X
SEDG SolarEdge Technologies Morgan Stanley
$33
12/16/25	Upgrades	Mkt Perform Outperform	X
SEIC SEI Investments Keefe Bruyette
$97
12/16/25	Downgrades	Overweight Eq-Weight	X
SHLS Shoals Technologies Morgan Stanley
$9.50
12/16/25	Downgrades	Eq-Weight Underweight	X
SO Southern Morgan Stanley
$81
12/16/25	Downgrades	Buy Neutral	X
SPHR Sphere Entertainment Co. Seaport Research Partners
12/16/25	Upgrades	Eq-Weight Overweight	X
SR Spire Morgan Stanley
$92
12/16/25	Upgrades	Neutral Outperform	X
TNDM Tandem Diabetes Care Robert W. Baird
$30
12/16/25	Upgrades	Sec Weight Overweight	X
TRMB Trimble KeyBanc Capital Markets
$99
12/16/25	Upgrades	Neutral Buy	X
UBS UBS AG BofA Securities
$60.30
12/16/25	Upgrades	Underweight Eq Weight	X
VSCO Victoria’s Secret Wells Fargo
$45
12/16/25	Downgrades	Outperform Neutral	X
ZBH Zimmer Biomet Robert W. Baird
$100
12/16/25	Upgrades	Neutral Outperform	X
ZS Zscaler Mizuho
$310
12/15/25	Upgrades	Eq Weight Overweight	X
A Agilent Barclays
$165
12/15/25	Downgrades	Mkt Perform Underperform	X
ABR Arbor Realty Trust Keefe Bruyette
$8.50
12/15/25	Downgrades	Sec Weight Underweight	X
ADBE Adobe KeyBanc Capital Markets
$310
12/15/25	Upgrades	Underweight Overweight	X
AKAM Akamai Tech KeyBanc Capital Markets
$115
12/15/25	Downgrades	Buy Neutral	X
AMCX AMC Networks Seaport Research Partners
12/15/25	Upgrades	Mkt Perform Outperform	X
AMH American Homes 4 Rent Keefe Bruyette
$37
12/15/25	Downgrades	Buy Neutral	X
APD Air Products Citigroup
$245
12/15/25	Upgrades	Sec Weight Overweight	X
ASAN Asana KeyBanc Capital Markets
$18
12/15/25	Upgrades	Mkt Perform Outperform	X
ASH Ashland BMO Capital Markets
$71
12/15/25	Downgrades	Buy Neutral	X
AVTR Avantor BofA Securities
$13
12/15/25	Downgrades	Buy Hold	X
BLDR Builders FirstSource Jefferies
$110
12/15/25	Downgrades	Buy Hold	X
BMA Banco Macro HSBC Securities
$80
12/15/25	Upgrades	Neutral Buy	X
BMY Bristol-Myers BofA Securities
$61
12/15/25	Downgrades	Buy Hold	X
BRBR BellRing Brands Deutsche Bank
$35
12/15/25	Upgrades	Mkt Perform Outperform	X
CBRE CBRE Group Keefe Bruyette
$185
12/15/25	Downgrades	Buy Neutral	X
CHH Choice Hotels Goldman
$90
12/15/25	Upgrades	Hold Buy	X
CNO CNO Financial Jefferies
$47
12/15/25	Downgrades	Neutral Sell	X
COST Costco Roth Capital
$769
12/15/25	Upgrades	Neutral Buy	X
CRL Charles River BofA Securities
$225
12/15/25	Upgrades	In-line Outperform	X
CUZ Cousins Prop Evercore ISI
$30
12/15/25	Downgrades	Buy Neutral	X
CZR Caesars Entertainment Goldman
$24
12/15/25	Upgrades	Neutral Overweight	X
DG Dollar General JP Morgan
$166
12/15/25	Upgrades	Eq-Weight Overweight	X
DOCS Doximity Morgan Stanley
$65
12/15/25	Upgrades	Neutral Buy	X
ENS Enersys BTIG Research
$175
12/15/25	Downgrades	Neutral Sell	X
ENTG Entegris Goldman
$75
12/15/25	Downgrades	Sec Outperform Neutral	X
EQX Equinox Gold CIBC
12/15/25	Upgrades	Hold Buy	X
FAST Fastenal Jefferies
$52
12/15/25	Downgrades	Buy Hold	X
FRPT Freshpet Deutsche Bank
$62
12/15/25	Upgrades	Underweight Eq Weight	X
FTRE Fortrea Barclays
$15
12/15/25	Upgrades	Mkt Perform Outperform	X
GBCI Glacier Bancorp Keefe Bruyette
$55
12/15/25	Downgrades	Buy Hold	X
HAE Haemonetics Needham
12/15/25	Downgrades	Eq-Weight Underweight	X
HCA HCA Morgan Stanley
$425
12/15/25	Upgrades	Neutral Buy	X
HLT Hilton Goldman
$317
12/15/25	Upgrades	Eq-Weight Overweight	X
HSY Hershey Foods Morgan Stanley
$211
12/15/25	Downgrades	Outperform Perform	X
IAC IAC Inc. Oppenheimer
12/15/25	Downgrades	Buy Neutral	X
ICLR ICON plc BofA Securities
$195
12/15/25	Upgrades	Neutral Overweight	X
IMAX IMAX JP Morgan
$47
12/15/25	Downgrades	Outperform Mkt Perform	X
IMO Imperial Oil BMO Capital Markets
12/15/25	Downgrades	Buy Hold	X
KDP Keurig Dr Pepper Deutsche Bank
$32
12/15/25	Upgrades	Hold Buy	X
KLAC KLA Corporation Jefferies
$1500
12/15/25	Upgrades	Neutral Buy	X
LVS Las Vegas Sands Goldman
$80
12/15/25	Downgrades	Mkt Perform Underperform	X
LYB LyondellBasell BMO Capital Markets
$36
12/15/25	Upgrades	Neutral Buy	X
MAR Marriott Goldman
$345
12/15/25	Upgrades	Eq Weight Overweight	X
MAS Masco Wells Fargo
$75
12/15/25	Upgrades	Hold Buy	X
MIST Milestone Pharmaceuticals TD Cowen
$8
12/15/25	Upgrades	Hold Buy	X
MKC McCormick Deutsche Bank
$75
12/15/25	Downgrades	Outperform Peer Perform	X
MSGE Madison Square Garden Entertainment Wolfe Research
12/15/25	Upgrades	Neutral Buy	X
MTD Mettler-Toledo BofA Securities
$1600
12/15/25	Downgrades	Buy Hold	X
NCLH Norwegian Cruise Line Jefferies
$20
12/15/25	Upgrades	Hold Buy	X
NDSN Nordson Vertical Research
$270
12/15/25	Upgrades	Neutral Overweight	X
NOC Northrop Grumman Alembic Global Advisors
$662
12/15/25	Downgrades	Sec Weight Underweight	X
NOW ServiceNow KeyBanc Capital Markets
$775
12/15/25	Upgrades	Hold Buy	X
RRGB Red Robin Gourmet Jefferies
$7
12/15/25	Downgrades	Buy Neutral	X
RVTY Revvity BofA Securities
$110
12/15/25	Upgrades	Neutral Buy	X
SDGR Schrodinger BofA Securities
$24
12/15/25	Downgrades	Outperform Sec Perform	X
SNN Smith & Nephew RBC Capital Mkts
12/15/25	Downgrades	Outperform Peer Perform	X
T AT&T Wolfe Research
12/15/25	Upgrades	Sell Buy	X
TER Teradyne Goldman
$230
12/15/25	Upgrades	Hold Buy	X
TREX Trex Jefferies
$42
12/15/25	Upgrades	Sec Weight Overweight	X
TT Trane KeyBanc Capital Markets
$500
12/15/25	Downgrades	Buy Sell	X
TXN Texas Instruments Goldman
$156
12/15/25	Downgrades	Buy Neutral	X
WH Wyndham Hotels & Resorts Goldman
$76
12/15/25	Downgrades	Buy Neutral	X
ZTS Zoetis BofA Securities
$135