BROKER MOVES: DASH upgraded at Jefferies; PDD downgraded at Bernstein

Upgrades:

• Amalgamated Financial (AMAL) Upgraded to Neutral at Piper Sandler; PT USD 28
• Amer Sports (AS) Upgraded to Buy at Nomura
• Curbline Properties (CURB) Upgraded to Buy at Citi
• DoorDash (DASH) Upgraded to Buy at Jefferies; PT USD 260
• Freeport (FCX) Upgraded to Sector Outperform at Scotiabank; PT USD 47
• Gladstone Capital (GLAD) Upgraded to Buy at B Riley; PT USD 22
• Gladstone Capital (GLAD) Upgraded to Outperform at Oppenheimer; PT USD 22
• Insulet (PODD) Upgraded to Buy at UBS
• Medtronic (MDT) Upgraded to Neutral at Goldman; PT USD 111
• Relmada Therapeutics (RLMD) Upgraded to Outperform at Mizuho Securities
• Simmons First (SFNC) Upgraded to Outperform at Baird; PT USD 22
• Wesco (WCC) Upgraded to Outperform at RBC
• Zions (ZION) Upgraded to Buy at Jefferies; PT USD 60

Downgrades:

• Axalta (AXTA) Downgraded to Sector Perform at RBC; PT USD 30
• BellRing Brands (BRBR) Downgraded to Neutral at BofA; PT USD 28
• Canadian Solar (CSIQ) Downgraded to Underperform at Mizuho Securities; PT USD 21
• Gitlab (GTLB) Downgraded to Hold at Truist Secs; PT USD 44
• GoHealth (GOCO) Downgraded to Market Perform at William Blair
• Home Depot (HD) Downgraded to Neutral at KGI Securities; PT USD 320
• Inter&Co (INTR) Downgraded to Market Perform at Itau BBA; PT USD 10
• Molson Coors (TAP) Downgraded to Equal-Weight at Wells Fargo; PT USD 50
• PDD (PDD) ADRs Downgraded to Market Perform at Bernstein; PT USD 135
• Portland General (POR) Downgraded to Neutral at UBS
• Tanger (SKT) Downgraded to Neutral at Citi

Initiations:

• Cipher Mining (CIFR) Initiated at New Market Outperform at Citizens; PT USD 30
• Extreme Networks (EXTR) Initiated at New Buy at BofA; PT USD 24
• Insight Enterprises (NSIT) Initiated at New Hold at Canaccord; PT USD 100
• IREN Ltd (IREN) Initiated at New Market Outperform at Citizens; PT USD 80
• MP Materials (MP) Initiated at New Buy at Goldman; PT USD 77
• Nebius Group (NBIS) Initiated at New Market Outperform at Citizens; PT USD 175
• Nuvation Bio (NUVB) Initiated at New Buy at B Riley; PT USD 12
• Pony AI (PONY) ADRs Initiated at New Buy at UOB Kay Hian; PT USD 26.10
• Praxis Precision (PRAX) Initiated at New Buy at BTIG; PT USD 424
• Ramaco (METC) Initiated at New Sell at Goldman; PT USD 16
• Rapport Therapeutics (RAPP) Initiated at New Buy at BTIG; PT USD 47
• Riot Platforms (RIOT) Initiated at New Market Outperform at Citizens; PT USD 25
• Shore Bancshares (SHBI) Initiated at New Outperform at Hovde Group; PT USD 19
• Sionna Therapeutics (SION) Initiated at New Buy at BTIG; PT USD 50
• VTV Therapeutics (VTVT) Initiated at New Buy at BTIG; PT USD 40
• Whitefiber (WYFI) Initiated at New Market Outperform at Citizens; PT USD 37