US BROKER MOVES: TGT upgraded at Wolfe; NKE downgraded at Evercore ISI

UPGRADES

Target (TGT) Upgraded from Peerperform to Outperform at Wolfe Research; PT USD 162
Synopsys (SNPS) Upgraded from Neutral to Overweight at Piper Sandler; PT USD 550 (prev USD 450)
IBM (IBM) Upgraded from Neutral to Overweight at JPMorgan; PT USD 291 (prev USD 270)
CDW Corporation (CDW) Upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 170 (prev USD 142)

DOWNGRADES

Ross Stores (ROST) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 245
Primoris Services (PRIM) Downgraded from Overweight to Sector Weight at KeyBanc
Nike (NKE) Downgraded from Outperform to In Line at Evercore ISI; PT USD 46 (prev USD 57)
Inspire Medical Systems (INSP) Downgraded from Outperform to In Line at Evercore ISI; PT USD 40 (prev USD 55)
Home Depot (HD) Downgraded from Outperform to Peerperform at Wolfe Research
Five Below (FIVE) Downgraded from Outperform to Peerperform at Wolfe Research
Darden Restaurants (DRI) Downgraded from Outperform to In Line at Evercore ISI; PT USD 230
Apogee Therapeutics (APGE) Downgraded from Buy to Neutral at UBS; PT USD 135.11 (prev USD 100)
Arcosa (ACA) Downgraded from Buy to Hold at Texas Capital Securities; PT USD 150 (prev USD 144)

INITIATIONS

Talon Energy (TLN) Initiated Hold at Jefferies; PT USD 453
Permian Resources (PR) Initiated Outperform at Evercore ISI; PT USD 25
Nkarta (NKTX) Initiated Buy at TD Cowen
Molina Healthcare (MOH) Initiated Sector Perform at RBC Capital; PT USD 216
Lumber Liquidators / LP Building Solutions (LPX) Initiated Buy at Jefferies; PT USD 93
GE HealthCare (GEHC) Initiated Outperform at RBC Capital; PT USD 80
Campbell's (CPB) Initiated Market Perform at William Blair
Centene (CNC) Initiated Sector Perform at RBC Capital; PT USD 70