US BROKER MOVES: TFII upgraded at BofA; TROX downgraded at Truist

UPGRADES

• TFI International (TFII) Raised to Buy at BOFA Securities; PT USD 161 (prev. USD 122)

DOWNGRADES

• Tronox (TROX) Downgraded to Hold at Truist Securities; PT USD 8 (prev. USD 9)
• Organon (OGN) Downgraded to Neutral at BNP Paribas Exane
• Nucor (NUE) Downgraded to Neutral at UBS; PT USD 224 (prev. USD 190)
• Compass Therapeutics (CMPX) Downgraded to Market Perform at Raymond James

INITIATIONS

• Ultrapar Participações (UGP) Initiated at New Buy at UBS; PT USD 7
• Traxion (TRAX) Initiated at New Buy at H.C. Wainwright; PT USD 30
• Opendoor Technologies (OPEN) Initiated at New Buy at Alliance Global Partners; PT USD 8
• Micron Technology (MU) Initiated at New Buy at DA Davidson; PT USD 1,000
• McKesson (MCK) Initiated at New Outperform at William Blair
• Lineage Cell Therapeutics (LCTX) Initiated at New Buy at Canaccord; PT USD 9
• Invitation Homes (INVH) Initiated at New Neutral at Compass Point
• Immatics (IMTX) Initiated at New Buy at TD Cowen
• Fortis (FTS) Initiated at New Overweight at Barclays; PT USD 62
• Emera (EMA) Initiated at New Equalweight at Barclays; PT USD 53
• Corebridge Financial (COR) Initiated at New Market Perform at William Blair
• Cardinal Health (CAH) Initiated at New Outperform at William Blair
• Barings BDC (BBDC) Initiated at New Neutral at Lucid Capital Markets; PT USD 9.25
• American Homes 4 Rent (AMH) Initiated at New Buy at Compass Point
• American Battery Technology (ABAT) Initiated at New Buy at Maxim Group; PT USD 6