US BROKER MOVES: HCC upgraded at UBS; FSLR downgraded at BMO

UPGRADES

• BBB Foods (TBBB) Upgraded to Overweight at Morgan Stanley; PT USD 46
• Brown & Brown (BRO) Upgraded to Market Perform at KBW; PT USD 73
• Cencora (COR) Upgraded to Overweight at Morgan Stanley; PT USD 400
• Fortinet (FTNT) Upgraded to Buy at Rosenblatt Securities Inc; PT USD 100
• General Motors (GM) Upgraded to Buy at DZ Bank; PT USD 98
• Korro Bio, Inc. (KRRO) Upgraded to Buy at HC Wainwright; PT USD 20
• Korro Bio, Inc. (KRRO) Upgraded to Buy at Chardan Capital Markets; PT USD 15
• Korro Bio, Inc. (KRRO) Upgraded to Overweight at Piper Sandler; PT USD 30
• Lam Research (LRCX) Upgraded to Buy at Summit Insights
• Littelfuse (LFUS) Upgraded to Buy at Benchmark; PT USD 360
• NVR (NVR) Upgraded to Neutral at Zelman; PT USD 7,675
• Warrior Met (HCC) Upgraded to Buy at UBS; PT USD 108
• Werner Enterprises (WERN) Upgraded to Neutral at Baird; PT USD 34
• Zillow (ZG) Upgraded to Equal-Weight at Barclays; PT USD 72

DOWNGRADES

• AGNC Investment (AGNC) Downgraded to Market Perform at KBW; PT USD 12
• Amcor (AMCR) Downgraded to Equal-Weight at Morgan Stanley; PT USD 46
• CalciMedica (CALC) Downgraded to Neutral at HC Wainwright
• First Solar (FSLR) Downgraded to Market Perform at BMO; PT USD 263
• Omega Healthcare (OHI) Downgraded to Equal-Weight at Wells Fargo; PT USD 45
• PagSeguro (PAGS) Downgraded to Neutral at Grupo Santander; PT USD 14
• Prosperity Banc (PB) Downgraded to Neutral at Piper Sandler; PT USD 74
• Stellar Bancorp (STEL) Downgraded to Market Perform at Raymond James
• StoneCo (STNE) Downgraded to Neutral at Grupo Santander; PT USD 21

INITIATIONS

• Adlai Nortye (ANL) ADRs Initiated at New Buy at Lucid Capital Markets; PT USD 11
• American Healthcare REIT (AHR) Initiated at New Outperform at BMO; PT USD 55
• Amprius Technologies (AMPX) Initiated at New Buy at Needham; PT USD 20
• Bicara Therapeutics (BCAX) Initiated at New Market Outperform at Citizens
• LightPath Tech (LPTH) Initiated at New Buy at Canaccord; PT USD 15
• Sharplink Gaming (SBET) Initiated at New Buy at Canaccord; PT USD 16
• TPG (TPG) Initiated at New Overweight at Barclays; PT USD 78