Toddy’s 

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…

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Todays 

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…

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Todays 

Downgrades

• Wells Fargo (WFC) downgraded by Odeon Capital from Buy to Hold
• QuantumScape (QS) downgraded by Wolfe Research from Peer Perform to Underperform
• Solid Power (SLDP) downgraded by Wolfe Research from Peer Perform to Underperform
• Fisker (FSR) downgraded by Wolfe Research from Peer Perform to Underperform
• Epam Systems (EPAM) downgraded…

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Todays 

Upgrades

• Brown-Forman (BF.B) upgraded by Evercore ISI from Underperform to In Line
• Rio Tinto (RIO) upgraded by Citi from Neutral to Buy
• Merdeka Copper (PMCGF) upgraded by Credit Suisse from Neutral to Outperform
• Clarkson (CKNHF) upgraded by JPMorgan from Neutral to Overweight
• Telkom SA (TLKGY) upgraded by HSBC from Reduce to…

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