US BROKER MOVEs: NOW & CRM upgraded at Guggenheim; TFC downgraded at Raymond James
Importance
Level 1
UPGRADES
- Advanced Energy Industries (AEIS) Upgraded to Overweight at Wells Fargo; PT USD 465 (prev USD 345)
- Check Point Software (CHKP) Upgraded to Buy at Guggenheim; PT USD 188
- Columbia Banking System (CVBF) Upgraded to Outperform at Raymond James; PT USD 25
- DigitalOcean (DLO) Upgraded to Buy at UBS; PT USD 20 (prev USD 16)
- First Sun Capital Bancorp (FSUN) Upgraded to Strong Buy at Raymond James; PT USD 47 (prev USD 44)
- Grindr (GRND) Upgraded to Overweight at Morgan Stanley; PT USD 18 (prev USD 15)
- Lockheed Martin (LMT) Upgraded to Buy at Citi; PT USD 582 (prev USD 571)
- Murphy USA (MUSA) Upgraded to Buy at Jefferies; PT USD 625 (prev USD 550)
- ServiceNow (NOW) Upgraded to Buy at Guggenheim; PT USD 125
- Old Dominion Freight Line (ODFL) Upgraded to Outperform at Evercore ISI
- Saia (SAIA) Upgraded to Outperform at Evercore ISI
- Talos Energy (TALO) Upgraded to Buy at Roth; PT USD 17 (prev USD 16)
- Werner Enterprises (WERN) Upgraded to In Line at Evercore ISI
- XPO (XPO) Upgraded to Outperform at Evercore ISI
DOWNGRADES
- Ameris Bancorp (ABCB) Downgraded to Market Perform at Raymond James
- BOK Financial (BOKF) Downgraded to Market Perform at Raymond James
- CareTrust REIT (CARE) Downgraded to Market Perform at Raymond James
- Cullen/Frost Bankers (CFR) Downgraded to Market Perform at Raymond James
- ConnectOne Bancorp (CNOB) Downgraded to Market Perform at Raymond James
- Dow Inc. (DOW) Downgraded to Sector Perform at RBC Capital; PT USD 28 (prev USD 51)
- Merchants Bancorp (MBIN) Downgraded to Market Perform at Raymond James
- Progyny (PRG) Downgraded to Hold at Loop Capital
- Truist Financial (TFC) Downgraded to Market Perform at Raymond James
- W. R. Berkley (WRB) Downgraded to Underperform at Wolfe Research
INITIATIONS
- AIB Acquisition (AIB) Initiated Buy at Lucid Capital Markets; PT USD 6.75
- Allegiant Travel (ALGT) Initiated Overweight at JPMorgan; PT USD 156
- Birkenstock (BIRK) Initiated Outperform at Raymond James; PT USD 52
- Borr Drilling (BORR) Initiated Overweight at Capital One; PT USD 6
- Briacell Therapeutics (BRSL) Initiated Buy at Deutsche Bank; PT USD 15
- Carlotz (CARL) Initiated Buy at Needham; PT USD 17
- Compass Minerals (CMPX) Initiated Buy at Ladenburg Thalmann; PT USD 5
- Concentra Group Holdings (CON) Initiated Outperform at William Blair
- Cypherpunk Technologies (CYPH) Initiated Overweight at Cantor Fitzgerald; PT USD 0.90
- Fidelity Digital Flex Index Fund (FDXF) Initiated Buy at Goldman Sachs; PT USD 186
- Fusion Pharmaceuticals (FIP) Initiated Buy at Jones Trading; PT USD 8.75
- Gutsy (GUTS) Initiated Buy at Craig-Hallum; PT USD 4
- Kazia Therapeutics (KZIA) Initiated Buy at BTIG; PT USD 34
- Lithium Americas (LAC) Initiated Neutral at Goldman Sachs; PT USD 4.50
- Markel Group (MKL) Initiated Underperform at Wolfe Research; PT USD 1,700
- Resideo Technologies (REZI) Initiated Buy at Seaport Global Securities
- Richardson Electronics (RRBI) Initiated Market Perform at Raymond James
- Seadrill (SDRL) Initiated Overweight at Capital One; PT USD 55
- Serina Therapeutics (SER) Initiated Buy at BTIG; PT USD 8
#DOW.US#GOLDMAN SACHS GROUP INC/THE#MORGAN STANLEY#WELLS FARGO & CO#ADVANCED ENERGY INDUSTRIES INC#AEIS.US#ALLEGIANT TRAVEL CO#ALGT.US#AMERIS BANCORP#ABCB.US#BOK FINANCIAL CORP#BOKF.US#CONNECTONE BANCORP INC#CHKP.US#COLUMBIA BANKING SYSTEM INC#CNOB.US#CVBF.US#OLD DOMINION FREIGHT LINE INC#ODFL.US#SAIA INC#SAIA.US#WERNER ENTERPRISES INC#WERN.US#DEUTSCHE BANK AG#UBS AG#XPO.US#PERFORM GROUP PLC#SOFTWARE#CULLEN/FROST BANKERS INC#CFR.US#MARKEL CORP#MKL.US#MURPHY USA INC#MUSA.US#SERVICENOW INC#NOW.US#SDRL.US#WRB.US#SUN CORP#CARETRUST REIT INC#EQUITIES#EU SESSION#US SESSION#PHARMACEUTICALS#REGIONAL BANKS#SYSTEMS SOFTWARE#BANKS#CAPITAL MARKETS#BANKS (GROUP)#SOFTWARE & SERVICES#S&P 500 INDEX#CRM#DOW#LMT#NOW#ODFL#TRUIST FINANCIAL CORP#TFC#WRB#CON#CFR#DXY#US EQUITIES