US BROKER MOVES: ADI upgraded at Arete; CART upgraded at Jefferies

UPGRADES

Adecoagro (AGRO) Upgraded to Buy at UBS; PT USD 16.20
AMD (AMD) Upgraded to Buy at Phillip Secs; PT USD 280
Analog Devices (ADI) Upgraded to Buy at Arete; PT USD 389
Badger Meter (BMI) Upgraded to Outperform at Baird; PT USD 173
Carnival (CCL) Upgraded to Buy at HSBC; PT USD 30.10
Celsius Holdings (CELH) Upgraded to Buy at Deutsche Bank; PT USD 44
Colgate-Palmolive (CL) Upgraded to Buy at Deutsche Bank; PT USD 98
CrowdStrike (CRWD) Upgraded to Outperform at Wolfe; PT USD 450
Expedia (EXPE) Upgraded to Buy at Jefferies; PT USD 300
Group 1 Automotive (GPI) Upgraded to Buy at Benchmark; PT USD 425
Insmed (INSM) Upgraded to Overweight at Morgan Stanley; PT USD 212
Instacart (CART) Upgraded to Buy at Jefferies; PT USD 45
Macerich (MAC) Upgraded to Sector Outperform at Scotiabank; PT USD 22
Novanta (NOVT) Upgraded to Outperform at Baird
OPENLANE (OPLN) Upgraded to Buy at Northcoast; PT USD 34
SLM (SLM) Upgraded to Neutral at Compass Point; PT USD 22

DOWNGRADES

Boston Scientific (BSX) Downgraded to Outperform at Raymond James
Dole (DOLE) Downgraded to Hold at Deutsche Bank; PT USD 15
Hartford Insurance Group (HIG) Downgraded to Market Perform at KBW; PT USD 149
Nomad Foods (NOMD) Downgraded to Hold at Deutsche Bank; PT USD 10
Ovintiv (OVV) Downgraded to Neutral at Citi; PT USD 62
Terns (TERN) Downgraded to Equal-Weight at Barclays; PT USD 53

INITIATIONS

Alcoa (AA) Initiated at New Outperform at CICC; PT USD 73.20
CBIZ (CBZ) Initiated at New Outperform at BMO; PT USD 33
Crescent Capital BDC (CCAP) Initiated at New Neutral at B Riley; PT USD 13.50
FuboTV (FUBO) Initiated at New Market Outperform at Citizens; PT USD 13
Guardian Pharmacy Services (GRDN) Initiated at New Buy at Jefferies; PT USD 44
Liberty Formula One (FWONA) Initiated at New Market Outperform at Citizens
Live Nation (LYV) Initiated at New Market Outperform at Citizens; PT USD 190
Netflix (NFLX) Initiated at New Market Perform at Citizens
Nuvalent (NUVL) Initiated at New Overweight at Wells Fargo; PT USD 116
Opus Genetics Inc (IRD) Initiated at New Overweight at Cantor; PT USD 15
Qualcomm (QCOM) Initiated at New Neutral at Goldman; PT USD 135
Sanmina (SANM) Initiated at New Neutral at JPMorgan; PT USD 145
Seagate (STX) Initiated at New Overweight at JPMorgan; PT USD 525
Sphere Entertainment (SPHR) Initiated at New Market Outperform at Citizens
Starbucks (SBUX) Initiated at New Underperform at BNP Paribas; PT USD 84
Sweetgreen (SG) Initiated at New Underperform at BNP Paribas; PT USD 4.50
Sylvamo (SLVM) Initiated at New Buy at Truist Secs; PT USD 54
Talen Energy (TLN) Initiated at New Buy at President Capital Management
TKO (TKO) Initiated at New Market Outperform at Citizens; PT USD 240
TSS (TSSI) Initiated at New Buy at Needham; PT USD 16
Vor BioPharma (VOR) Initiated at New Buy at Jefferies; PT USD 50
Voyager Technologies (VOYG) Initiated at New Buy at Citi; PT USD 36
Waystar (WAY) Initiated at New Equal-Weight at Morgan Stanley; PT USD 28