US BROKER MOVES: CRWV upgraded at BofA; RL upgraded at Citi

UPGRADES

Arthur J Gallagher (AJG) Upgraded to Outperform at BMO; PT USD 278
CoreWeave (CRWV) Upgraded to Buy at BofA; PT USD 100
Ecolab (ECL) Upgraded to Overweight at JPMorgan; PT USD 295
JFrog (FROG) Upgraded to Buy at UBS; PT USD 60
JinkoSolar (JKS) ADRs Upgraded to Buy at Daiwa; PT USD 28.50
Ralph Lauren (RL) Upgraded to Buy at Citi; PT USD 400
Sutro Biopharma (STRO) Upgraded to Buy at HC Wainwright; PT USD 28
Sutro Biopharma (STRO) Upgraded to Overweight at Wells Fargo; PT USD 27

DOWNGRADES

Strategic Education (STRA) Downgraded to Hold at Truist Secs
Ultragenyx (RARE) Downgraded to Neutral at Goldman; PT USD 25
Xencor (XNCR) Downgraded to Neutral at JPMorgan; PT USD 13

INITIATIONS

Alaska Air (ALK) Initiated at New Outperform at BMO; PT USD 50
Antero Resources (AR) Reinstated Buy at Truist Secs; PT USD 56
APA Corp (APA) Reinstated Hold at Truist Secs; PT USD 38
BKV (BKV) Initiated at New Buy at Truist Secs; PT USD 37
Chord Energy (CHRD) Reinstated Buy at Truist Secs; PT USD 169
Climb Bio Inc (CLYM) Initiated at New Buy at B Riley; PT USD 26
CNX Resources (CNX) Initiated at New Sell at Truist Secs; PT USD 35
Commvault Systems (CVLT) Initiated at New Buy at Loop Capital; PT USD 125
Conoco (COP) Reinstated Hold at Truist Secs; PT USD 124
CoreCivic (CXW) Initiated at New Buy at Benchmark; PT USD 28
Covista Inc (CVSA) Initiated at New Buy at Truist Secs; PT USD 130
Delek Logistics Partners (DKL) Reinstated Hold at Truist Secs; PT USD 57
Devon (DVN) Reinstated Buy at Truist Secs; PT USD 63
Diamondback (FANG) Reinstated Buy at Truist Secs; PT USD 222
Diversified Energy (DEC) Reinstated Buy at Truist Secs; PT USD 22
Energy Transfer (ET) Initiated at New Buy at Truist Secs; PT USD 23
Enterprise Products (EPD) Reinstated Hold at Truist Secs; PT USD 36
EOG Resources (EOG) Reinstated Hold at Truist Secs; PT USD 146
EQT Corp (EQT) Reinstated Buy at Truist Secs; PT USD 74
Expand Energy (EXE) Reinstated Buy at Truist Secs; PT USD 136
Generate Biomedicines (GENB) Initiated at New Overweight at Cantor
Generate Biomedicines (GENB) Initiated at New Overweight at Piper Sandler
Generate Biomedicines (GENB) Initiated at New Overweight at Morgan Stanley
Generate Biomedicines (GENB) Initiated at New Buy at Guggenheim; PT USD 30
Generate Biomedicines (GENB) Initiated at New Buy at Goldman; PT USD 26
Gulfport Energy (GPOR) Reinstated Hold at Truist Secs; PT USD 230
Immunic Inc (IMUX) Initiated at New Buy at Guggenheim; PT USD 7
JetBlue (JBLU) Initiated at New Market Perform at BMO; PT USD 4.50
KB Home (KBH) Initiated at New Market Outperform at Citizens; PT USD 77
Kinder Morgan (KMI) Reinstated Hold at Truist Secs; PT USD 38
Kinetik (KNTK) Initiated at New Buy at Truist Secs; PT USD 53
LCI Industries (LCII) Initiated at New Buy at Stifel; PT USD 152
Mach Natural Resources (MNR) Reinstated Hold at Truist Secs; PT USD 14
Magnolia Oil & Gas (MGY) Initiated at New Hold at Truist Secs; PT USD 33
Matador Resources (MTDR) Reinstated Hold at Truist Secs; PT USD 60
Microsoft (MSFT) Reinstated Buy at BofA; PT USD 500
MPLX (MPLX) Reinstated Buy at Truist Secs; PT USD 67
Occidental (OXY) Reinstated Hold at Truist Secs; PT USD 65
Oneok (OKE) Initiated at New Hold at Truist Secs; PT USD 91
OneSpaWorld (OSW) Initiated at New Buy at Jefferies; PT USD 30
Ovintiv (OVV) Reinstated Buy at Truist Secs; PT USD 70
Permian Resources (PR) Reinstated Buy at Truist Secs; PT USD 24
Plains All American (PAA) Reinstated Buy at Truist Secs; PT USD 23
Plains GP (PAGP) Reinstated Buy at Truist Secs; PT USD 23
Range Resources (RRC) Reinstated Hold at Truist Secs; PT USD 48
Relmada Therapeutics (RLMD) Initiated at New Overweight at Piper Sandler
Riley Exploration (REPX) Reinstated Buy at Truist Secs; PT USD 47
SM Energy (SM) Reinstated Buy at Truist Secs; PT USD 38
Smith Douglas Homes (SDHC) Initiated at New Market Perform at Citizens
Smurfit Westrock PLC (SW) Reinstated Buy at Goldman; PT USD 49
Solventum (SOLV) Initiated at New Sell at Rothschild & Co Redburn; PT USD 60
Targa Resources (TRGP) Reinstated Buy at Truist Secs; PT USD 279
Viper Energy (VNOM) Initiated at New Buy at Truist Secs; PT USD 54
Williams Cos (WMB) Reinstated Buy at Truist Secs; PT USD 84