US BROKER MOVES: ORCL upgraded at DA Davidson; LI downgraded at JPM

UPGRADES

Align Technology (ALGN) upgraded from Hold to Buy at HSBC; PT USD 200 (from USD 150)
Ares Management (ARES) upgraded from Market Perform to Strong Buy at Raymond James; PT USD 157
Green Plains (GPRE) upgraded from Equal Weight to Overweight at Stephens
Robinhood Markets (HOOD) upgraded from Peer Perform to Outperform at Wolfe Research; PT USD 125
LM Funding America (LMRI) upgraded from Outperform to Strong Buy at Raymond James; PT USD 23
Medtronic (MDT) upgraded from Hold to Buy at Needham; PT USD 121
Oracle (ORCL) upgraded from Neutral to Buy at DA Davidson; PT USD 180
Park-Ohio Holdings (PKOH) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 37
Roblox (RBLX) upgraded from Neutral to Buy at Roth/MKM; PT USD 84 (from USD 78)
SoFi Technologies (SOFI) upgraded from Market Perform to Market Outperform at Citizens; PT USD 30
Stellantis (STLA) upgraded from Underperform to Peer Perform at Wolfe Research
Timken (TKR) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 130
TPG Inc. (TPG) upgraded from Market Perform to Market Outperform at Citizens; PT USD 75
Viatris (VTRS) upgraded from Neutral to Buy at UBS; PT USD 18
WGS upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 155
ZTO Express (ZTO) upgraded from Neutral to Outperform at Macquarie; PT USD 26.60 (from USD 18.40)

DOWNGRADES

Marathon Digital (MARA) downgraded from Equal Weight to Underweight at Morgan Stanley; PT USD 8
Crown Holdings (CCK) downgraded from Buy to Neutral at UBS; PT USD 126
Corteva (CTVA) downgraded from Buy to Neutral at UBS; PT USD 80 (from USD 81)
Ero Copper (ERO) downgraded from Buy to Neutral at BofA Securities; PT USD 33 (from USD 36)
Li Auto (LI) downgraded from Neutral to Underweight at JPMorgan; PT USD 14 (from USD 18)
RenaissanceRe (RNR) downgraded from Buy to Neutral at Citi; PT USD 328 (from USD 298)
Teradyne (TER) downgraded from Buy to Neutral at Presidents Capital Management; PT USD 308
United Community Banks (UCB) downgraded from Outperform to Market Perform at Hovde Group
Westlake Corp. (WLK) downgraded from Outperform to Neutral at Mizuho; PT USD 88

INITIATIONS

BridgeBio Pharma (BBNX) initiated at Buy at UBS; PT USD 24
Cipher Mining (CIFR) initiated at Overweight at Morgan Stanley; PT USD 38
Dave Inc. (DAVE) initiated at Outperform at Keefe, Bruyette & Woods
Dave Inc. (DAVE) initiated at Outperform at William Blair
Ericsson (ERIC) initiated at Equal Weight at Morgan Stanley; PT USD 11
First Merchants (FRMI) initiated at Market Outperform at Citizens; PT USD 30
Immix Biopharma (IMMX) initiated at Outperform at Mizuho; PT USD 14
Nokia (NOK) initiated at Overweight at Morgan Stanley; PT USD 8
Palomar Holdings (PLMR) initiated at Outperform at Evercore ISI; PT USD 150
QuickLogic (QUIK) initiated at Buy at Lake Street Capital Markets; PT USD 10
StoneCo (STNE) initiated at Buy at BTIG; PT USD 22
Terns Pharmaceuticals (TERN) initiated at Outperform at Leerink Partners; PT USD 58
Americas Gold and Silver (USAS) initiated at Buy at TD Cowen
TeraWulf (WULF) initiated at Overweight at Morgan Stanley; PT USD 37
Zura Bio (ZURA) initiated at Outperform at Wedbush; PT USD 15