| Upgrades | | | | |
| COMPANY | TICKER | BROKERAGE FIRM | RATINGS CHANGE | PRICE TARGET |
| AllianceBernstein | AB | Goldman | Neutral>>Buy | $40.8>>$36.75 |
| Reynolds Consumer Products | REYN | Goldman | Sell>>Neutral | $28>>$30 |
| Warby Parker | WRBY | Evercore ISI | In-line>>Outperform | $20 |
| Fiverr | FVRR | ROTH MKM | Neutral>>Buy | $33 |
| Dow | DOW | KeyBanc Capital Markets | Underweight>>Sector Weight | |
| LyondellBasell | LYB | KeyBanc Capital Markets | Underweight>>Sector Weight | |
| Westlake Corporation | WLK | KeyBanc Capital Markets | Underweight>>Sector Weight | |
| Warner Music Group | WMG | UBS | Neutral>>Buy | $34>>$37 |
| Wingstop | WING | Jefferies | Underperform>>Hold | $150>>$170 |
| Clean Energy Fuels | CLNE | Raymond James | Outperform>>Strong Buy | $6 |
| Booz Allen Hamilton | BAH | BofA Securities | Neutral>>Buy | $110>>$130 |
| Evergy | EVRG | BofA Securities | Underperform>>Neutral | $52>>$49 |
| HP Inc. | HPQ | BofA Securities | Underperform>>Buy | $25>>$33 |
| ODDITY Tech Ltd. | ODD | Truist | Hold>>Buy | $54 |
| Kellanova | K | Exane BNP Paribas | Underperform>>Neutral | $55 |
| Kone Oyj | KNYJY | Deutsche Bank | Sell>>Hold | |
| Nokia | NOK | DNB Markets | Hold>>Buy | |
| Xylem | XYL | Melius | Neutral>>Overweight | $122 |
| | | | |
| DOWNGRADES | | | | |
| COMPANY | TICKER | BROKERAGE FIRM | RATINGS CHANGE | PRICE TARGET |
| Ingevity | NGVT | Loop Capital | Buy>>Hold | $62>>$53 |
| Airbnb | ABNB | KeyBanc Capital Markets | Overweight>>Sector Weight | |
| Emerson | EMR | UBS | Buy>>Neutral | $97>>$104 |
| TPI Composites | TPIC | Raymond James | Outperform>>Mkt Perform | |
| SunPower | SPWR | Raymond James | Strong Buy>>Outperform | $17>>$9 |
| Getty Images | GETY | Redburn Atlantic | Overweight>>Neutral | $6 |
| Sibanye-Stillwater | SBSW | Morgan Stanley | Equal-Weight>>Underweight | |
| Burberry plc | BURBY | UBS | Neutral>>Sell | |
| | | | |
| New Coverage | | | | |
| COMPANY | TICKER | BROKERAGE FIRM | RATINGS CHANGE | PRICE TARGET |
| WK Kellogg Co | KLG | Goldman | Sell | $11,00 |
| Applied Digital Corporation | APLD | ROTH MKM | Buy | $14 |
| Cognex | CGNX | KeyBanc Capital Markets | Sector Weight | |
| Rockwell Automation | ROK | KeyBanc Capital Markets | Sector Weight | |
| Symbotic | SYM | KeyBanc Capital Markets | Overweight | $50 |
| Zebra Tech | ZBRA | KeyBanc Capital Markets | Sector Weight | |
| Emerson | EMR | KeyBanc Capital Markets | Overweight | $120 |
| CDW | CDW | UBS | Buy | $237 |
| Interactive Brokers | IBKR | UBS | Buy | $113 |
| Otis Worldwide | OTIS | UBS | Neutral | $87 |
| PJT Partners | PJT | UBS | Neutral | $84,00 |
| Apartment Income REIT Corp. | AIRC | Wedbush | Outperform | $37,00 |
| Alexandria RE | ARE | Wedbush | Outperform | $120 |
| AvalonBay | AVB | Wedbush | Neutral | $179,00 |
| Boston Properties | BXP | Wedbush | Neutral | $62,00 |
| Camden Property | CPT | Wedbush | Outperform | $110 |
| Douglas Emmett | DEI | Wedbush | Neutral | $13,00 |
| EastGroup | EGP | Wedbush | Neutral | $175,00 |
| Equity Residential | EQR | Wedbush | Neutral | $62 |
| Essex Property | ESS | Wedbush | Neutral | $225,00 |
| Gaming and Leisure Properties | GLPI | Wedbush | Outperform | $51,00 |
| Hudson Pacific Properties | HPP | Wedbush | Outperform | $8,00 |
| Healthcare Realty | HR | Wedbush | Outperform | $17,00 |
| Host Hotels | HST | Wedbush | Outperform | $19,00 |
| LTC Properties | LTC | Wedbush | Outperform | $36,00 |
| Mid-America Aptmt | MAA | Wedbush | Neutral | $137,00 |
| National Health | NHI | Wedbush | Neutral | $54,00 |
| Omega Health | OHI | Wedbush | Neutral | $34,00 |
| Healthpeak | PEAK | Wedbush | Neutral | $19,00 |
| Pebblebrook Hotel Trust | PEB | Wedbush | Neutral | $14,00 |
| Park Hotels & Resorts | PK | Wedbush | Neutral | $13,00 |
| Ryman Hospitality | RHP | Wedbush | Outperform | $94,00 |
| Safehold | SAFE | Wedbush | Neutral | $19,00 |
| Sabra Health Care REIT | SBRA | Wedbush | Outperform | $16,00 |
| Terreno Realty | TRNO | Wedbush | Neutral | $60,00 |
| UDR | UDR | Wedbush | Outperform | $41,00 |
| VICI Properties | VICI | Wedbush | Neutral | $31,00 |
| Ventas | VTR | Wedbush | Neutral | $44,00 |
| Welltower | WELL | Wedbush | Neutral | $83,00 |
| Vestis | VSTS | Robert W. Baird | Outperform | $24,00 |
| Trex | TREX | Goldman | Buy | $78,00 |
| First Industrial Realty | FR | Wedbush | Outperform | $55,00 |
| Dycom | DY | BofA Securities | Buy | $120,00 |
| East West Banc | EWBC | Janney | Buy | $68,00 |
| American Water Works | AWK | Mizuho | Buy | $134,00 |
| Churchill Downs | CHDN | Stifel | Buy | $148,00 |
| Cantaloupe | CTLP | Berenberg | Buy | $9,00 |
| nVent Electric | NVT | Citigroup | Buy | $62,00 |
| Potbelly | PBPB | The Benchmark Company | Hold | |
| Veralto | VLTO | Melius | Overweight | $108,00 |
| MRC Global | MRC | Loop Capital | Buy | $14,00 |
| WK Kellogg Co | KLG | Exane BNP Paribas | Neutral | $14,00 |
| Badger Daylighting | BADFF | BMO Capital Markets | Market Perform | |
| COPT Defense Properties | CDP | Wedbush | Outperform | $27,00 |
| Aclaris Therapeutics | ACRS | Evercore ISI | Outperform | $22,00 |
| Carisma Therapeutics | CARM | CapitalOne | Overweight | $10,00 |
| Antero Midstream | AM | Pickering Energy Partners | Outperform | |
| Kinetik | KNTK | Pickering Energy Partners | Neutral | |
| Kinder Morgan | KMI | Pickering Energy Partners | Neutral | |
| ONEOK | OKE | Pickering Energy Partners | Underperform | |
| Equitrans Midstream | ETRN | Pickering Energy Partners | Underperform | |
| Energy Transfer | ET | Pickering Energy Partners | Outperform | |
| Enterprise Products | EPD | Pickering Energy Partners | Outperform | |
| EnLink Midstream | ENLC | Pickering Energy Partners | Outperform | |
