US BROKER MOVES: RACE upgraded at Morgan Stanley, ACN downgraded

UPGRADES

Accenture (ACN) Upgraded to Equalweight at Morgan Stanley; PT USD 177 (prev. USD 240)
Automatic Data Processing (PAYX) Upgraded to Buy at Citi; PT USD 140 (prev. USD 99)
Ferrari (RACE) Upgraded to Overweight at Morgan Stanley; PT USD 438 (prev. USD 388)
3M (MMM) Upgraded to Buy at Goldman Sachs Rocket Lab (RKLB) Upgraded to Overweight at KeyBanc; PT USD 135

DOWNGRADES

Accenture (ACN) Downgraded to Equalweight at Morgan Stanley; PT USD 177 (prev. USD 240)
Caesars Entertainment (CZR) Downgraded to Hold at Stifel; PT USD 31
C.H. Robinson (CHRW) Downgraded to Neutral at Citi
Knight-Swift Transportation (KNX) Downgraded to Neutral at Citi; PT USD 90 (prev. USD 72)
MGM Resorts (MGM) Downgraded to Hold at Stifel; PT USD 49 (prev. USD 48)
Nu Holdings (NU) Downgraded to Neutral at Citi; PT USD 13 (prev. USD 18)
Old Dominion Freight Line (ODFL) Downgraded to Sell at Citi; PT USD 228 (prev. USD 225)
Saia (SAIA) Downgraded to Neutral at Citi; PT USD 524 (prev. USD 516)
Travelers (TRV) Downgraded to Underweight at Barclays

INITIATIONS

Coupang (CPNG) Initiated at Outperform at CLSA; PT USD 24
Dow Inc (DOW) Initiated at Neutral at Goldman Sachs; PT USD 53
EPAM Systems (EPAM) Initiated at Neutral at Wedbush; PT USD 99
Brookdale Senior Living (BKD) Initiated at Buy at Compass Point; PT USD 22
ICUI Medical (ICUI) Initiated at Buy at BTIG; PT USD 170
Lumentum Holdings (LITE) Initiated at Buy at CMB International Securities; PT USD 1,070