US BROKER MOVES: SHOP upgraded at Jefferies; PZZA downgraded at BofA

UPGRADES

Atlanticus Holdings (ATLC) Upgraded to Buy at Texas Capital Securities; PT USD 144 (prev USD 100)
American Express (AXP) Upgraded to Overweight at JPMorgan; PT USD 400 (prev USD 328)
Biogen (BIIB) Upgraded to Buy at Truist Securities; PT USD 235
Casey’s General Stores (CASY) Upgraded to Buy at Northcoast; PT USD 950
Capital One Financial (COF) Upgraded to Buy at HSBC; PT USD 229 (prev USD 226)
Deckers Outdoor (DECK) Upgraded to Buy at Jefferies; PT USD 130 (prev USD 110)
Humana (HUM) Upgraded to Overweight at Wells Fargo; PT USD 502 (prev USD 227)
Keysight Technologies (KEYS) Upgraded to Overweight at Morgan Stanley; PT USD 400 (prev USD 350)
NIO (NIO) Upgraded to Buy at Goldman Sachs; PT USD 7
ON Semiconductor (ON) Upgraded to Buy at Jefferies; PT USD 380 (prev USD 333)
Saia (SAIA) Upgraded to Buy at BofA Securities; PT USD 502 (prev USD 499)
Shopify (SHOP) Upgraded to Buy at Jefferies; PT USD 160 (prev USD 140)
Solesence (SOLS) Upgraded to Buy at UBS; PT USD 78 (prev USD 88)
Verra Mobility (VRRM) Upgraded to Neutral at JPMorgan; PT USD 6 (prev USD 5)

DOWNGRADES

Best Buy (BBY) Downgraded to Hold at Loop Capital
Porch Group (PRCH) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 16.25 (prev USD 13)
Papa John’s International (PZZA) Downgraded to Underperform at BofA Securities; PT USD 34 (prev USD 42)
ResMed (RMD) Downgraded to Neutral at Citi; PT USD 235 (prev USD 270)
Sezzle (SEZL) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 190
Sun Life Financial (SLF) Downgraded to In Line at Evercore ISI
Travelers Companies (TRV) Downgraded to Sell at TD Cowen; PT USD 297

INITIATIONS

Alkermes (ALKS) Initiated Neutral at JPMorgan; PT USD 60
Apyx Medical (APYX) Initiated Buy at H.C. Wainwright; PT USD 7
Atmos Energy (ATO) Initiated Overweight at Wells Fargo; PT USD 200
BioCryst Pharmaceuticals (BCRX) Initiated Neutral at JPMorgan; PT USD 12
Bel Fuse (BELFB) Initiated Buy at Citi; PT USD 325
BrightSpring Health Services (BTSG) Initiated Buy at Guggenheim; PT USD 81
Candel Therapeutics (CADL) Initiated Buy at Stifel; PT USD 22
Cellectar Biosciences (CLRB) Initiated Buy at Brookline Capital Markets; PT USD 15
Costco Wholesale (COST) Initiated Sector Perform at RBC Capital; PT USD 1,000
Walt Disney (DIS) Initiated Buy at Benchmark; PT USD 115
Denali Therapeutics (DNLI) Initiated Overweight at JPMorgan; PT USD 29
Equillium (EQ) Initiated Overweight at Piper Sandler; PT USD 20
Fastenal (FAST) Initiated Buy at Rothschild Redburn; PT USD 55
First Community Bankshares (FCBM) Initiated Outperform at Keefe, Bruyette & Woods; PT USD 15
First Community Bankshares (FCBM) Initiated Outperform at Raymond James; PT USD 15
GE Vernova (GEV) Initiated Hold at Fubon; PT USD 1,205
Honeywell (HON) Initiated In Line at Evercore ISI; PT USD 250
Legend Biotech (LEGN) Initiated Neutral at JPMorgan; PT USD 35
MDU Resources (MDU) Initiated Overweight at Wells Fargo; PT USD 25
MSC Industrial Direct (MSM) Initiated Buy at Rothschild Redburn; PT USD 155
NuVasive / Novocure (NVCR) Initiated Neutral at JPMorgan; PT USD 17
Park Aerospace (PKE) Initiated Buy at Needham; PT USD 43
Praxis Precision Medicines (PRAX) Initiated Buy at Goldman Sachs; PT USD 447
SiteOne Landscape Supply (SITE) Initiated Overweight at KeyBanc; PT USD 145
Stoke Therapeutics (STOK) Initiated Buy at Goldman Sachs; PT USD 44
Whirlpool (WHR) Initiated Neutral at BNP Paribas Exane
West Pharmaceutical Services (WST) Initiated Outperform at BNP Paribas Exane; PT USD 447