US BROKER MOVES: AA upgraded at JPM; ADBE downgraded at Barclays

UPGRADES

• Qiagen (QGEN) upgraded to Buy at Deutsche Bank; PT USD 54
• Ollie's Bargain (OLLI) upgraded to Overweight at Wells Fargo; PT USD 130
• NIO Inc. (NIO) ADRs upgraded to Buy at HSBC; PT USD 6.80
• Linde (LIN) upgraded to Overweight at JPMorgan; PT USD 525
• Korro Bio, Inc. (KRRO) upgraded to Outperform at Raymond James; PT USD 23
• Knight-Swift (KNX) upgraded to Buy at Citi; PT USD 64
• Hallador Energy (HNRG) upgraded to Buy at B Riley; PT USD 27
• Flagstar Bank (FLG) upgraded to Outperform at KBW; PT USD 16
• Esquire Finl (ESQ) upgraded to Strong Buy at Raymond James; PT USD 125
• El Pollo Loco (LOCO) upgraded to Buy at Benchmark; PT USD 14
• Celanese (CE) upgraded to Overweight at Wells Fargo; PT USD 70
• BBB Foods (TBBB) upgraded to Outperform at Itau BBA; PT USD 42
• Alcoa (AA) upgraded to Neutral at JPMorgan; PT USD 68
• Air Products (APD) upgraded to Overweight at Wells Fargo; PT USD 325

DOWNGRADES

• TIC Solutions (TIC) downgraded to Neutral at JPMorgan; PT USD 8
• PSEG (PEG) downgraded to Neutral at Ladenburg Thalmann; PT USD 84.50
• NerdWallet (NRDS) downgraded to Underweight at Morgan Stanley; PT USD 9
• KinderCare (KLC) downgraded to Underweight at Morgan Stanley; PT USD 2.50
• KinderCare (KLC) downgraded to Neutral at Baird; PT USD 1.50
• EverCommerce (EVCM) downgraded to Market Perform at Citizens
• Columbia Finl (CLBK) downgraded to Neutral at Janney Montgomery; PT USD 19
• Adobe (ADBE) downgraded to Equal-Weight at Barclays; PT USD 275
• Abacus Global Management (ABX) downgraded to Neutral at Piper Sandler; PT USD 11

INITIATIONS

• Tyson (TSN) initiated at Sell at Banco BTG Pactual; PT USD 58
• Pilgrim's Pride (PPC) initiated at Neutral at Banco BTG Pactual; PT USD 40
• L3Harris (LHX) initiated at Buy at William O'Neil
• Karman Holdings (KRMN) initiated at Buy at Needham; PT USD 125
• H2O America (HTO) initiated at Outperform at Baird; PT USD 67
• Equillium (EQ) initiated at Buy at Roth Capital Partners; PT USD 12
• Apellis Pharma (APLS) initiated at Buy at Roth Capital Partners; PT USD 31
• Alphabet (GOOGL) initiated at Buy at Soochow Securities Int'l; PT USD 403.04