US BROKER MOVES: GOOGL upgraded at Cantor; AA downgraded at JPMorgan

• Air Products (APD) Upgraded to Neutral at BofA
• Airbnb (ABNB) Upgraded to Neutral at Cantor; PT USD 141
• Alphabet (GOOGL) Upgraded to Overweight at Cantor; PT USD 370
• Aptiv (APTV) Upgraded to Overweight at Piper Sandler; PT USD 103
• Chubb (CB) Upgraded to Buy at Goldman; PT USD 351
• Coinbase (COIN) Upgraded to Buy at BofA
• Credit Acceptance (CACC) Upgraded to Hold at TD Cowen; PT USD 460
• Dollar General (DG) Upgraded to Buy at Deutsche Bank; PT USD 170
• Elevance (ELV) Upgraded to Outperform at Wolfe
• Enhabit (EHAB) Upgraded to Buy at UBS; PT USD 12
• Figma (FIG) Upgraded to Overweight at Wells Fargo; PT USD 52
• Five Below (FIVE) Upgraded to Buy at Deutsche Bank; PT USD 242
• Ford (F) Upgraded to Overweight at Piper Sandler; PT USD 16
• Fortrea Holdings (FTRE) Upgraded to Buy at Truist Secs; PT USD 22
• Gap (GAP) Upgraded to Buy at UBS; PT USD 41
• Generac (GNRC) Upgraded to Buy at Citi; PT USD 207
• General Motors (GM) Upgraded to Overweight at Piper Sandler; PT USD 98
• HF Sinclair (DINO) Upgraded to Overweight at Piper Sandler; PT USD 68
• Jack Henry (JKHY) Upgraded to Outperform at Wolfe
• JB Hunt (JBHT) Upgraded to Positive at Susquehanna; PT USD 240
• Kroger (KR) Upgraded to Buy at Deutsche Bank; PT USD 75
• Merck & Co (MRK) Upgraded to Outperform at Wolfe; PT USD 135
• Nurix (NRIX) Upgraded to Overweight at Morgan Stanley; PT USD 36
• Omnicell (OMCL) Upgraded to Overweight at KeyBanc; PT USD 60
• PBF Energy (PBF) Upgraded to Overweight at Piper Sandler; PT USD 40
• Progressive (PGR) Upgraded to Overweight at Barclays; PT USD 265
• Roku (ROKU) Upgraded to Outperform at Evercore ISI; PT USD 145
• Stellantis (STLA) Upgraded to Overweight at Piper Sandler; PT USD 15
• Steven Madden (SHOO) Upgraded to Buy at Needham
• Terreno Realty (TRNO) Upgraded to Outperform at Baird; PT USD 64
• Tyson (TSN) Upgraded to Outperform at BMO; PT USD 67
• Westinghouse Air Brake (WAB) Upgraded to Outperform at Wolfe
• Yum (YUM) Upgraded to Buy at Gordon Haskett

• AbbVie (ABBV) Downgraded to Peerperform at Wolfe
• Absci (ABSI) Downgraded to Equal-Weight at Morgan Stanley; PT USD 4.32
• Alcoa (AA) Downgraded to Underweight at JPMorgan; PT USD 50
• American Homes (AMH) Downgraded to Neutral at Mizuho Securities; PT USD 32
• Arcus Biosciences (RCUS) Downgraded to Equal-Weight at Morgan Stanley; PT USD 20
• Axsome Therapeutics (AXSM) Downgraded to Equal-Weight at Morgan Stanley
• Ball (BALL) Downgraded to Equal-Weight at Morgan Stanley; PT USD 63
• Bath & Body Works (BBWI) Downgraded to Hold at Deutsche Bank; PT USD 21
• BorgWarner (BWA) Downgraded to Neutral at Piper Sandler
• Burlington Stores (BURL) Downgraded to Hold at Deutsche Bank; PT USD 318
• Capri Holdings (CPRI) Downgraded to Neutral at Goldman; PT USD 27
• Chipotle (CMG) Downgraded to Hold at Gordon Haskett
• Clarivate (CLVT) Downgraded to Neutral at Goldman; PT USD 3.60
• Clearwater Analytics (CWAN) Downgraded to Equal-Weight at Wells Fargo
• Contineum Therapeutics (CTNM) Downgraded to Equal-Weight at Morgan Stanley
• Darden (DRI) Downgraded to Hold at Truist Secs
• Dollar Tree (DLTR) Downgraded to Hold at Deutsche Bank; PT USD 126
• Exelixis (EXEL) Downgraded to Equal-Weight at Morgan Stanley; PT USD 48
• Extra Space (EXR) Downgraded to Sector Perform at Scotiabank; PT USD 145
• Icon (ICLR) Downgraded to Hold at Truist Secs; PT USD 222
• Intuit (INTU) Downgraded to Equal-Weight at Wells Fargo; PT USD 700
• Invitation Homes (INVH) Downgraded to Neutral at Mizuho Securities; PT USD 27
• IO Biotech (IOBT) Downgraded to Underweight at Morgan Stanley; PT 36 cents
• JB Hunt (JBHT) Downgraded to Neutral at Citi; PT USD 221
• Leidos (LDOS) Downgraded to Hold at Stifel; PT USD 220
• Marqeta (MQ) Downgraded to Neutral at Mizuho Securities; PT USD 4.50
• Marqeta (MQ) Downgraded to Peerperform at Wolfe
• Neurocrine Bio (NBIX) Downgraded to Equal-Weight at Morgan Stanley; PT USD 175
• Nike (NKE) Downgraded to Hold at Needham
• OneStream (OS) Downgraded to Market Perform at Raymond James
• Potlatch (PCH) Downgraded to Market Perform at BMO; PT USD 45
• Prologis (PLD) Downgraded to Neutral at Baird; PT USD 130
• Ryder (R) Downgraded to Peerperform at Wolfe
• Saia (SAIA) Downgraded to Peerperform at Wolfe
• Sigma Lithium Corp (SGML CN) Downgraded to Underperform at BofA
• Sprouts Farmers (SFM) Downgraded to Hold at Deutsche Bank; PT USD 88
• Sunrise Realty Trust (SUNS) Downgraded to Market Perform at KBW; PT USD 9.50
• Toast (TOST) Downgraded to Peerperform at Wolfe
• Travelers (TRV) Downgraded to Neutral at Goldman; PT USD 304
• UPS (UPS) Downgraded to Peerperform at Wolfe
• Ventyx Bio (VTYX) Downgraded to Neutral at HC Wainwright; PT USD 14
• Ventyx Bio (VTYX) Downgraded to Hold at Canaccord; PT USD 14
• Ventyx Bio (VTYX) Downgraded to Market Perform at LifeSci Capital; PT USD 14
• Ventyx Bio (VTYX) Downgraded to Equal-Weight at Wells Fargo; PT USD 14
• Vestis (VSTS) Downgraded to Sell at Goldman; PT USD 5.30
• Walmart (WMT) Downgraded to Hold at Deutsche Bank; PT USD 119
• XPO Inc. (XPO) Downgraded to Peerperform at Wolfe
• XPO Inc. (XPO) Downgraded to Neutral at Citi; PT USD 171

• Ally Financial (ALLY) Reinstated Buy at UBS; PT USD 56
• Bicara Therapeutics (BCAX) Initiated at New Buy at BTIG; PT USD 28
• Bread Financial Holdings (BFH) Initiated at New Buy at UBS; PT USD 92
• Bunker Hill Mining (BHLL) Initiated at New Buy at Roth Capital Partners
• Evommune (EVMN) Initiated at New Strong Buy at Raymond James; PT USD 40
• Figma (FIG) Reinstated Hold at Stifel; PT USD 40
• Intuit (INTU) Initiated at New Buy at TD Cowen; PT USD 802
• Polaris (PII) Initiated at New Buy at Seaport Global Securities; PT USD 83
• Tyler Tech (TYL) Initiated at New Buy at Stifel; PT USD 550

Cantor's upgrade of Alphabet (GOOGL) to Overweight suggests a more favorable view on its growth potential, reflecting strong confidence in its performance. Conversely, Alcoa (AA) being downgraded to Underweight at JPMorgan indicates potential headwinds for the company, which could pressure its stock relative to peers. Traders should monitor these ratings closely, as they can influence market sentiment and trading volumes in these stocks.