US BROKER MOVES: AMT upgraded at RBC; NKE downgraded at KeyBanc

UPGRADES

Allegiant Travel (ALGT) Upgraded from Neutral to Buy at Citi; PT USD 156.00 (prev. USD 98.00)
American Homes 4 Rent (AMH) Upgraded from Market Perform to Outperform at BMO Capital; PT USD 39.00
American Tower (AMT) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 205.00 (prev. USD 195.00)
Barnes & Noble Education (BNED) Upgraded from Hold to Buy at Needham; PT USD 16.00
Americold Realty Trust (COLD) Upgraded from In Line to Outperform at Evercore ISI; PT USD 18.00
Crocs (CROX) Upgraded from Neutral to Overweight at Piper Sandler; PT USD 150.00
Essex Property Trust (ESS) Upgraded from Market Perform to Outperform at Raymond James; PT USD 320.00
FuelCell Energy (FCEL) Upgraded from Hold to Buy at Jefferies; PT USD 24.00 (prev. USD 16.00)
H.B. Fuller (FUL) Upgraded from Neutral to Overweight at JPMorgan; PT USD 67.00 (prev. USD 58.00)
Qualcomm (QCOM) Upgraded from Hold to Buy at DZ Bank; PT USD 265.00

DOWNGRADES

Arcosa (ACA) Downgraded from Outperform to Perform at Oppenheimer
Open Lending (LPRO) Downgraded from Buy to Neutral at DA Davidson; PT USD 3.15 (prev. USD 3.00)
Macerich (MAC) Downgraded from Buy to Neutral at Compass Point; PT USD 26.00
Methode Electronics (MEI) Downgraded from Buy to Neutral at Sidoti; PT USD 17.00
Nike (NKE) Downgraded from Overweight to Sector Weight at KeyBanc
ON Semiconductor (ON) Downgraded from Buy to Hold at TD Cowen; PT USD 110.00 (prev. USD 115.00)
Quantum (QMCO) Downgraded from Outperform to Market Perform at Northland; PT USD 13.00
Spire (SR) Downgraded from Overweight to Neutral at JPMorgan; PT USD 85.00 (prev. USD 84.00)
Synaptics (SYNA) Downgraded from Buy to Hold at TD Cowen; PT USD 150.00
Synaptics (SYNA) Downgraded from Buy to Neutral at Rosenblatt; PT USD 160.00
Synaptics (SYNA) Downgraded from Outperform to Market Perform at Northland
Synaptics (SYNA) Downgraded from Positive to Neutral at Susquehanna; PT USD 140.00 (prev. USD 125.00)
Trip.com (TCOM) Downgraded from Outperform to Neutral at Macquarie; PT USD 44.30 (prev. USD 70.90)
Bio-Techne (TECH) Downgraded from Buy to Hold at Deutsche Bank; PT USD 73.00
Bio-Techne (TECH) Downgraded from Outperform to Market Perform at William Blair
Taylor Morrison Home (TMHC) Downgraded from Outperform to Market Perform at Raymond James

INITIATIONS

Achieve Life Sciences (ACHV) Initiated with Strong Buy at Raymond James, PT USD 20/shr
American Tower (AMT) Initiated with Buy at Goldman Sachs, PT USD 215/shr
Belden (BDC) Initiated with Buy at Citi, PT USD 150/shr
Boyd Gaming (BYD) Initiated with Neutral at Goldman Sachs, PT USD 91/shr
Crown Castle (CCI) Initiated with Neutral at Goldman Sachs, PT USD 95/shr
Connect Biopharma (CNTB) Initiated with Overweight at Piper Sandler, PT USD 7/shr
Dyne Therapeutics (DYN) Initiated with Buy at TD Cowen
HONAV (HONAV) Initiated with Outperform at RBC Capital, PT USD 300/shr
Robinhood Markets (HOOD) Initiated with Buy at BTIG, PT USD 125/shr
INFQ (INFQ) Initiated with Outperform at Wedbush, PT USD 20/shr
Infosys (INFY) Initiated with Equal Weight at Wells Fargo, PT USD 11/shr
Mosaic (MOS) Initiated with Buy at Rothschild Redburn, PT USD 30/shr
Nu Holdings (NU) Initiated with Buy at Needham, PT USD 17/shr
PENN Entertainment (PENN) Initiated with Buy at Goldman Sachs, PT USD 26/shr
Provident Financial (PROV) Initiated with Neutral at Piper Sandler, PT USD 17/shr
Red Rock Resorts (RRR) Initiated with Buy at Goldman Sachs, PT USD 72/shr
SBA Communications (SBAC) Initiated with Neutral at Goldman Sachs, PT USD 205/shr
VSE (VSEC) Initiated with Equalweight at Morgan Stanley, PT USD 245/shr