US BROKER MOVES: AVGO upgraded at Wells Fargo; MLTX downgraded at Goldman Sachs

UPGRADES

Southwest Gas (SWX) upgraded to Buy at Citi; PT USD 99
SiTime (SITM) upgraded to Equal-Weight at Barclays
Samsara (IOT) upgraded to Outperform at BNP Paribas; PT USD 40
Monolithic Power Systems (MPWR) upgraded to Overweight at Wells Fargo
Millicom (TIGO) upgraded to Buy at UBS; PT USD 70
Manhattan Associates (MANH) upgraded to Buy at Citi; PT USD 208
Lam Research (LRCX) upgraded to Overweight at Wells Fargo; PT USD 250
KLA Corp (KLAC) upgraded to Overweight at Wells Fargo; PT USD 1,600
F5 Inc (FFIV) upgraded to Overweight at JPMorgan; PT USD 345
Entegris (ENTG) upgraded to Buy at UBS; PT USD 145
DraftKings (DKNG) upgraded to Overweight at Wells Fargo; PT USD 49
Digital Realty (DLR) upgraded to Buy at HSBC; PT USD 193
Dell Technologies (DELL) upgraded to Overweight at Barclays; PT USD 148
CI&T (CINT) upgraded to Buy at UBS; PT USD 7
Calix (CALX) upgraded to Overweight at JPMorgan; PT USD 90
Broadcom (AVGO) upgraded to Overweight at Wells Fargo; PT USD 430
ASML Holding ADRs (ASML) upgraded to Outperform at KGI Securities; PT USD 1,415
Asana (ASAN) upgraded to Buy at Citi; PT USD 16
Applied Materials (AMAT) upgraded to Overweight at Barclays; PT USD 360
Analog Devices (ADI) upgraded to Overweight at Wells Fargo; PT USD 340
Amplitude (AMPL) upgraded to Overweight at Morgan Stanley; PT USD 16

DOWNGRADES

VTEX (VTEX) downgraded to Neutral at UBS; PT USD 4
Silgan Holdings (SLGN) downgraded to Sector Perform at RBC; PT USD 43
Rocket Lab (RKLB) downgraded to Sector Weight at KeyBanc
Nutanix (NTNX) downgraded to Equal-Weight at Barclays; PT USD 53
MoonLake Immunotherapeutics (MLTX) downgraded to Sell at Goldman Sachs; PT USD 10
Leslie’s (LESL) downgraded to Underweight at Morgan Stanley; PT USD 1.50
GE HealthCare (GEHC) downgraded to Sell at UBS; PT USD 77
Flutter Entertainment (FLUT) downgraded to Equal-Weight at Wells Fargo; PT USD 228
Albertsons (ACI) downgraded to Underweight at Morgan Stanley; PT USD 14

INITIATIONS

West Coast Community Bancorp (WCCB) initiated at Buy at Janney; PT USD 52
Toyo (TOYO) initiated at Buy at HCW; PT USD 18
Skyworks Solutions (SWKS) initiated at Sector Perform at RBC; PT USD 65
Silicon Labs (SLAB) initiated at Sector Perform at RBC; PT USD 160
Sandisk (SNDK) initiated at Sector Perform at RBC; PT USD 400
RLI Corp (RLI) initiated at Equal-Weight at Wells Fargo; PT USD 62
Rigetti Computing (RGTI) initiated at Buy at Redburn Atlantic
Quantum Computing (QUBT) initiated at Buy at Redburn Atlantic
Qualcomm (QCOM) initiated at Sector Perform at RBC; PT USD 180
Nvidia (NVDA) initiated at Outperform at RBC
Nebius Group (NBIS) initiated at Equal-Weight at Morgan Stanley; PT USD 126
Micron Technology (MU) initiated at Outperform at RBC
Marvell Technology (MRVL) initiated at Outperform at RBC
LuxExperience ADRs (LUXE) initiated at Buy at B. Riley; PT USD 12
Lattice Semiconductor (LSCC) initiated at Outperform at RBC
Lam Research (LRCX) initiated at Outperform at RBC
KLA Corp (KLAC) initiated at Sector Perform at RBC; PT USD 1,550
Kinsale Capital (KNSL) initiated at Overweight at Wells Fargo; PT USD 490
Golub Capital (GBDC) initiated at Buy at Lucid Capital Markets; PT USD 15
Broadcom (AVGO) initiated at Sector Perform at RBC; PT USD 370
BankUnited (BKU) initiated at Outperform at Raymond James; PT USD 51
Astera Labs (ALAB) initiated at Outperform at RBC
ASML Holding ADRs (ASML) initiated at Outperform at RBC
Arm Holdings ADRs (ARM) initiated at Outperform at RBC
Applied Materials (AMAT) initiated at Outperform at RBC
American Financial Group (AFG) initiated at Overweight at Wells Fargo; PT USD 165
AMD (AMD) initiated at Sector Perform at RBC; PT USD 230
AdvanSix (ASIX) initiated at Hold at Truist; PT USD 19