US BROKER MOVES: FCEL upgraded at B. Riley; ADBE & CRM downgraded at Phillip Securities

UPGRADES

Casey's General Stores (CASY) Upgraded to Outperform at BMO Capital; PT USD 950
Cytokinetics (CYTK) Upgraded to Buy at UBS; PT USD 115 (prev USD 69)
Delek US Holdings (DK) Upgraded to Hold at TD Cowen; PT USD 39 (prev USD 36)
FuelCell Energy (FCEL) Upgraded to Buy at B. Riley; PT USD 32 (prev USD 13)
PBF Energy (PBF) Upgraded to Hold at TD Cowen; PT USD 39 (prev USD 36)
Primoris Services (PRIM) Upgraded to Overweight at JPMorgan; PT USD 116 (prev USD 105)
Prime Medicine (PRME) Upgraded to Buy at H.C. Wainwright; PT USD 8
Roblox (RBLX) Upgraded to Buy at Arete; PT USD 95
Warner Bros. Discovery (WBD) Upgraded to Buy at Seaport Global Securities; PT USD 31

DOWNGRADES

Adobe (ADBE) Downgraded to Neutral at Phillip Securities; PT USD 203
Alkermes (ALKS) Downgraded to Underperform at BofA Securities; PT USD 38
Amphastar Pharmaceuticals (AMPH) Downgraded to Underperform at BofA Securities; PT USD 20 (prev USD 25)
Biohaven (BHVN) Downgraded to Underperform at BofA Securities; PT USD 11 (prev USD 12)
BrightSpire Capital (BRSP) Downgraded to Hold at Argus
CONMED (CNMD) Downgraded to Underperform at BofA Securities; PT USD 40
Salesforce (CRM) Downgraded to Neutral at Phillip Securities; PT USD 166
CrowdStrike (CRWD) Downgraded to Neutral at Arete; PT USD 730
Definitive Healthcare (DH) Downgraded to Underperform at BofA Securities; PT USD 0.70 (prev USD 3.50)
Doximity (DOCS) Downgraded to Underperform at BofA Securities; PT USD 20 (prev USD 38)
Lindblad Expeditions (LIND) Downgraded to Hold at Texas Capital Securities; PT USD 31 (prev USD 29)
Liquidia (LQDA) Downgraded to Neutral at BofA Securities; PT USD 79 (prev USD 64)
Madison Square Garden Entertainment (MSGE) Downgraded to Neutral at Seaport Global Securities
Progressive (PGR) Downgraded to Underweight at Wells Fargo; PT USD 205 (prev USD 219)
Sezzle (SEZL) Downgraded to Perform at Oppenheimer
Synaptics (SYNA) Downgraded to Equalweight at Barclays; PT USD 135 (prev USD 110)

INITIATIONS

AppLovin (APP) Initiated Strong Buy at Raymond James; PT USD 640
Archrock (AROC) Initiated Overweight at Wells Fargo; PT USD 43
Array Technologies (ARRY) Initiated Equal Weight at Wells Fargo; PT USD 9
Bloom Energy (BE) Initiated Equal Weight at Wells Fargo; PT USD 217
Cheniere Energy Partners (CQP) Initiated Underweight at Wells Fargo; PT USD 62
Amdocs (DOX) Initiated Sector Weight at KeyBanc
DT Midstream (DTM) Initiated Overweight at Wells Fargo; PT USD 165
Enterprise Products Partners (EPD) Initiated Overweight at Wells Fargo; PT USD 42
Energy Transfer (ET) Initiated Overweight at Wells Fargo; PT USD 25
Genesis Energy (GEL) Initiated Overweight at Wells Fargo; PT USD 18
GE Vernova (GEV) Initiated Overweight at Wells Fargo; PT USD 1,259
Graphic Packaging Holding (GPK) Initiated Neutral at JPMorgan; PT USD 11.70
Kinder Morgan (KMI) Initiated Overweight at Wells Fargo; PT USD 35
Kinetik Holdings (KNTK) Initiated Overweight at Wells Fargo; PT USD 52
Cheniere Energy (LNG) Initiated Overweight at Wells Fargo; PT USD 335
MPLX (MPLX) Initiated Overweight at Wells Fargo; PT USD 61
ONEOK (OKE) Initiated Overweight at Wells Fargo; PT USD 98
Plains All American Pipeline (PAA) Initiated Equal Weight at Wells Fargo; PT USD 23
Plains GP Holdings (PAGP) Initiated Equal Weight at Wells Fargo; PT USD 23
Plug Power (PLUG) Initiated Equal Weight at Wells Fargo; PT USD 2.50
SolarEdge Technologies (SEDG) Initiated Equal Weight at Wells Fargo; PT USD 36
SEI Investments (SEIC) Initiated Buy at Needham; PT USD 97
Targa Resources (TRGP) Initiated Overweight at Wells Fargo; PT USD 270
United Rentals (URI) Initiated Outperform at BNP Paribas Exane
Veradigm (VERX) Initiated Buy at TD Cowen; PT USD 14
Warby Parker (WRBY) Initiated Buy at BofA Securities; PT USD 33
TeraWulf (WULF) Initiated Buy at Citi; PT USD 36