US BROKER MOVES: AMD & INTC upgraded at KeyBanc; AA downgraded at Wells Fargo

• Albemarle (ALB) Upgraded to Buy at Deutsche Bank; PT USD 185
• Alliant Energy (LNT) Upgraded to Outperform at BMO; PT USD 71
• AMD (AMD) Upgraded to Overweight at KeyBanc; PT USD 270
• Anglogold (AU) Upgraded to Neutral at Nedbank CIB; PT USD 90.22
• BXP (BXP) Upgraded to Overweight at Barclays; PT USD 82
• CenterPoint Energy (CNP) Upgraded to Outperform at BMO; PT USD 42
• Colgate-Palmolive (CL) Upgraded to Equal-Weight at Wells Fargo
• Constellium SE (CSTM) Upgraded to Overweight at Wells Fargo; PT USD 25
• DiamondRock Hospitality (DRH) Upgraded to Buy at Deutsche Bank; PT USD 12
• Digital Realty (DLR) Upgraded to Equal-Weight at Barclays; PT USD 164
• EastGroup (EGP) Upgraded to Overweight at Barclays; PT USD 210
• Enhabit (EHAB) Upgraded to Buy at TD Cowen; PT USD 12
• Hub Group (HUBG) Upgraded to Outperform at Evercore ISI
• Intel (INTC) Upgraded to Overweight at KeyBanc; PT USD 60
• Kennametal (KMT) Upgraded to Buy at Jefferies; PT USD 40
• KLA Corp (KLAC) Upgraded to Buy at TD Cowen; PT USD 1,800
• Kodiak Gas Services (KGS) Upgraded to Overweight at Barclays; PT USD 42
• Lithium Argentina AG (LAR) Upgraded to Buy at Deutsche Bank; PT USD 8.30
• Lowe's (LOW) Upgraded to Buy at Gordon Haskett; PT USD 325
• Mastercard (MA) Upgraded to Buy at Compass Point; PT USD 735
• Moody's (MCO) Upgraded to Outperform at Daiwa; PT USD 590
• Primoris Services (PRIM) Upgraded to Buy at Guggenheim; PT USD 160
• SQM (SQM) ADRs Upgraded to Buy at Deutsche Bank; PT USD 88
• Thor Industries (THO) Upgraded to Buy at Loop Capital; PT USD 133
• Vail Resorts (MTN) Upgraded to Buy at Jefferies; PT USD 165
• Via Transportation (VIA) Upgraded to Buy at Goldman; PT USD 44
• Wyndham Hotels (WH) Upgraded to Outperform at Mizuho Securities; PT USD 97

• Adobe (ADBE) Downgraded to Market Perform at Oppenheimer
• Alcoa (AA) Downgraded to Equal-Weight at Wells Fargo; PT USD 71
• Arthur J Gallagher (AJG) Downgraded to Market Perform at BMO; PT USD 275
• AST SpaceMobile (ASTS) Downgraded to Neutral at B Riley; PT USD 105
• Atara Bio (ATRA) Downgraded to Hold at Canaccord; PT USD 6
• Bentley Systems (BSY) Downgraded to Neutral at Piper Sandler; PT USD 45
• Charter Communications (CHTR) Downgraded to Underweight at Wells Fargo
• CRH (CRH) Downgraded to Equal-Weight at Wells Fargo; PT USD 138
• FedEx (FDX) Downgraded to Neutral at BNP Paribas; PT USD 280
• Ferrari (RACE) Downgraded to Hold at HSBC
• Five Below (FIVE) Downgraded to Hold at Jefferies; PT USD 210
• HP Inc. (HPQ) Downgraded to Sell at Goldman; PT USD 21
• Installed Building (IBP) Downgraded to Underweight at JPMorgan; PT USD 245
• Kaiser Aluminum (KALU) Downgraded to Equal-Weight at Wells Fargo; PT USD 120
• Knife River Corp (KNF) Downgraded to Equal-Weight at Wells Fargo; PT USD 81
• Lineage (LINE) Downgraded to Equal-Weight at Barclays; PT USD 38
• Live Nation (LYV) Downgraded to Hold at Jefferies; PT USD 155
• MGM Resorts (MGM) Downgraded to Hold at Truist Secs
• PayPal (PYPL) Downgraded to Neutral at Daiwa; PT USD 61
• Rapid7 (RPD) Downgraded to Neutral at Citi; PT USD 15
• Saia (SAIA) Downgraded to Inline at Evercore ISI
• SimilarWeb (SMWB) Downgraded to Neutral at Goldman; PT USD 7.50
• Stag Industrial (STAG) Downgraded to Underweight at Barclays; PT USD 39
• Sun Country Airlines (SNCY) Downgraded to Neutral at JPMorgan; PT USD 19
• Synopsys (SNPS) Downgraded to Neutral at Piper Sandler; PT USD 520
• Udemy (UDMY) Downgraded to Sector Weight at KeyBanc
• UPS (UPS) Downgraded to Underperform at BNP Paribas
• XPO Inc. (XPO) Downgraded to Inline at Evercore ISI

• AMD (AMD) Initiated at New Buy at China Renaissance; PT USD 291
• Boston Scientific (BSX) Initiated at New Buy at CTBC Securities; PT USD 122
• Disney (DIS) Initiated at New Accumulate at Phillip Secs; PT USD 130
• Fluent (FLNT) Initiated at New Buy at Singular Research; PT USD 5
• Futu Holdings (FUTU) ADRs Initiated at New Buy at UOB Kay Hian; PT USD 242
• MP Materials (MP) Initiated at New Outperform at William Blair
• NetApp (NTAP) Initiated at New Buy at Goldman; PT USD 128
• OGE Energy (OGE) Reinstated Market Perform at BMO; PT USD 45
• Reddit (RDDT) Initiated at New Outperform at Evercore ISI
• SolarEdge (SEDG) Initiated at New Market Perform at Raymond James
• Sunrun (RUN) Initiated at New Market Perform at Raymond James
• Whitestone REIT (WSR) Reinstated Buy at Ladenburg Thalmann; PT USD 17

KeyBanc's upgrades for AMD and Intel indicate a bullish sentiment for both semiconductor stocks, especially as they are positioned favorably in the current market environment. The downgrading of Alcoa suggests a contrasting outlook as analysts reassess their valuation and growth potential, which may influence sector dynamics and investor sentiment.