US BROKER MOVES: AVAV upgraded at Raymond James; LULU downgraded at Truist
UPGRADES
- AeroVironment (AVAV) Upgraded to Outperform at Raymond James; PT USD 210
- BlackRock (BLK) Upgraded to Overweight at JPMorgan; PT USD 1,364 (prev USD 1,165)
- Cintas (CTAS) Upgraded to Buy at BofA Securities; PT USD 230 (prev USD 200)
- Ero Copper (ERO) Upgraded to Buy at BofA Securities; PT USD 34 (prev USD 30)
- Flex (FLEX) Upgraded to Buy at Freedom Capital; PT USD 150 (prev USD 144)
- Mueller Industries (MLI) Upgraded to Buy at Northcoast
- Okta (OKTA) Upgraded to Overweight at Capital One
- Palo Alto Networks (PANW) Upgraded to Overweight at Capital One
- Rocket Companies (RKT) Upgraded to Overweight at Morgan Stanley; PT USD 19 (prev USD 18)
DOWNGRADES
- American Electric Power (AEP) Downgraded to Neutral at Goldman Sachs; PT USD 147
- Claros Mortgage Trust (CMTG) Downgraded to Neutral at UBS; PT USD 2.75
- Etsy (ETSY) Downgraded to Neutral at BTIG
- Granite Point Mortgage Trust (GPMT) Downgraded to Neutral at UBS; PT USD 1.50
- Ionis Pharmaceuticals (IONS) Downgraded to Peerperform at Wolfe Research
- Lululemon Athletica (LULU) Downgraded to Sell at Truist Securities; PT USD 94
- Intellia Therapeutics (NTLA) Downgraded to Underperform at Wolfe Research; PT USD 9
- Nutrien (NTR) Downgraded to Hold at Jefferies
- Pentair (PNR) Downgraded to Hold at Stifel; PT USD 65 (prev USD 103)
- ResMed (RMD) Downgraded to Sector Perform at RBC Capital; PT USD 234
- W. R. Berkley (WRB) Downgraded to Underperform at BofA Securities; PT USD 68
INITIATIONS
- Arteris (AIP) Initiated Outperform at Oppenheimer; PT USD 40
- Cinemark Holdings (CNK) Initiated Equal Weight at Wells Fargo; PT USD 31
- Compass Diversified (CODI) Initiated Buy at TD Cowen; PT USD 12.50
- IMAX (IMAX) Initiated Equal Weight at Wells Fargo; PT USD 41
- Mastercard (MA) Initiated Buy at Clear Street; PT USD 617
- Mid-America Apartment Communities (MAA) Initiated Neutral at JPMorgan; PT USD 147
- PayPal (PYPL) Initiated Hold at Clear Street; PT USD 61
- Relay Therapeutics (RLAY) Initiated Buy at Canaccord; PT USD 29
- Tenaris (TMS) Initiated Outperform at Northland; PT USD 14
- Visa (V) Initiated Buy at Clear Street; PT USD 403
- Block (XYZ) Initiated Hold at Clear Street; PT USD 82
#EU SESSION#US SESSION#US EQUITIES