BROKER MOVES: META upgraded at Erste; TFC downgraded at UBS

UPGRADES

AbCellera Biologics (ABCL) Upgraded to Buy at Benchmark; PT USD 11
Allegiant Travel (ALGT) Upgraded to Buy at Melius
Bread Financial (BFH) Upgraded to Equalweight at Barclays; PT USD 104
D.R. Horton (DHI) Upgraded to Outperform at Zelman & Associates
Meta Platforms (META) Upgraded to Buy at Erste Group
Cloudflare (NET) Upgraded to Sector Outperform at Scotiabank; PT USD 300
NVR (NVR) Upgraded to Buy at Zelman & Associates
Repligen (RGEN) Upgraded to Buy at Benchmark; PT USD 185
Waste Management (WM) Upgraded to Outperformer at CIBC; PT USD 244

DOWNGRADES

American Airlines (AAL) Downgraded to Hold at Melius
Alarum Technologies (ALAR) Downgraded to Neutral at Alliance Global Partners
Amrize (AMRZ) Downgraded to Hold at Truist Securities; PT USD 48
Century Communities (CCS) Downgraded to Underperform at Zelman & Associates
Crinetics Pharmaceuticals (CRNX) Downgraded to Neutral at H.C. Wainwright
Crinetics Pharmaceuticals (CRNX) Downgraded to Perform at Oppenheimer
Crinetics Pharmaceuticals (CRNX) Downgraded to Neutral at Cantor Fitzgerald
Element Solutions (ESI) Downgraded to Hold at Freedom Broker; PT USD 45
Medpace (MEDP) Downgraded to Hold at Jefferies; PT USD 515
M/I Homes (MHO) Downgraded to Neutral at Zelman & Associates
Meritage Homes (MTH) Downgraded to Neutral at Zelman & Associates
Nano-X Imaging (NNOX) Downgraded to Neutral at Alliance Global Partners
PennyMac Financial Services (PFSI) Downgraded to Equalweight at Barclays; PT USD 93
SLM (SLM) Downgraded to Equalweight at Barclays; PT USD 26
Sysco (SYY) Downgraded to Sell at Melius
Theravance Biopharma (TBPH) Downgraded to Neutral at H.C. Wainwright
Truist Financial (TFC) Downgraded to Neutral at UBS; PT USD 55

INITIATIONS

Adobe (ADBE) Initiated at Underperform at BofA Securities; PT USD 190
American Healthcare REIT (AHR) Initiated at Overweight at Barclays; PT USD 61
Arlo Technologies (ARLO) Initiated at Outperform at William Blair
Atossa Therapeutics (ATOS) Initiated at Buy at Rodman & Renshaw; PT USD 12
DCH (DCH) Initiated at Neutral at JPMorgan; PT USD 8
Healthpeak Properties (DOC) Initiated at Equalweight at Barclays; PT USD 23
ECHO (ECHO) Initiated at Buy at Deutsche Bank; PT USD 143
Figma (FIG) Initiated at Buy at BofA Securities; PT USD 30
Fidelity National Information Services (FIS) Initiated at Equalweight at Morgan Stanley; PT USD 47
Robinhood (HOOD) Initiated at Buy at China Renaissance
Interactive Brokers (IBKR) Initiated at Hold at China Renaissance
JAGU (JAGU) Initiated at Buy at Roth; PT USD 3.20
Kingsoft Cloud (KC) Initiated at Overweight at Morgan Stanley; PT USD 15
LBRX (LBRX) Initiated at Outperform at Wolfe Research; PT USD 45
MGX (MGX) Initiated at Buy at Chardan; PT USD 5
NUAI (NUAI) Initiated at Buy at B. Riley; PT USD 10
Omega Healthcare Investors (OHI) Initiated at Underweight at Barclays; PT USD 51
Orion Group (ORN) Initiated at Outperform at Oppenheimer; PT USD 20
Primoris Services (PRIM) Initiated at Outperform at Oppenheimer; PT USD 135
Sabra Health Care REIT (SBRA) Initiated at Equalweight at Barclays; PT USD 21
Shopify (SHOP) Initiated at Buy at BofA Securities; PT USD 150
SpaceX (SPCX) Initiated at Buy at Stifel; PT USD 190
SpaceX (SPCX) Initiated at Buy at Citi; PT USD 200
SpaceX (SPCX) Initiated at Buy at Needham; PT USD 200
SpaceX (SPCX) Initiated at Buy at Goldman Sachs; PT USD 205
SpaceX (SPCX) Initiated at Buy at UBS; PT USD 210
SpaceX (SPCX) Initiated at Buy at Clear Street; PT USD 217
SpaceX (SPCX) Initiated at Buy at BofA Securities; PT USD 235
SpaceX (SPCX) Initiated at Buy at Canaccord; PT USD 246
SpaceX (SPCX) Initiated at Buy at Deutsche Bank; PT USD 255
SpaceX (SPCX) Initiated at Neutral at MoffettNathanson; PT USD 131
SpaceX (SPCX) Initiated at Outperform at William Blair
SpaceX (SPCX) Initiated at Outperform at Mizuho; PT USD 200
SpaceX (SPCX) Initiated at Outperform at RBC Capital; PT USD 225
SpaceX (SPCX) Initiated at Outperform at Bernstein SocGen Group; PT USD 239
SpaceX (SPCX) Initiated at Overweight at JPMorgan; PT USD 225
SpaceX (SPCX) Initiated at Overweight at Wells Fargo; PT USD 230
SpaceX (SPCX) Initiated at Overweight at Morgan Stanley; PT USD 300
SpaceX (SPCX) Initiated at Strong Buy at Raymond James; PT USD 800
VNET Group (VNET) Initiated at Buy at Deutsche Bank; PT USD 12.50
Ventas (VTR) Initiated at Equalweight at Barclays; PT USD 99
Welltower (WELL) Initiated at Equalweight at Barclays; PT USD 254
Wintrust Financial (WTFC) Initiated at Neutral at UBS; PT USD 170