US BROKER MOVES: VFC double upgraded at Williams Trading; AMAT downgraded at Morgan Stanley

UPGRADES

• ADP (ADP) Upgraded to Equal-Weight at Wells Fargo; PT USD 214
• American Homes (AMH) Upgraded to Outperform at Raymond James; PT USD 35
• Ball (BALL) Upgraded to Overweight at JPMorgan; PT USD 60
• Circle Internet (CRCL) Upgraded to Buy at HC Wainwright; PT USD 150
• Crown Holdings (CCK) Upgraded to Overweight at JPMorgan; PT USD 107
• Deckers Outdoor (DECK) Upgraded to Neutral at Piper Sandler; PT USD 100
• Dorian LPG (LPG) Upgraded to Hold at DNB Carnegie
• Invitation Homes (INVH) Upgraded to Outperform at Raymond James; PT USD 32
• Lam Research (LRCX) Upgraded to Overweight at Morgan Stanley; PT USD 331
• VF Corp (VFC) Upgraded to Buy at Williams Trading; PT USD 19
• Viking Holdings (VIK) Upgraded to Overweight at Wells Fargo; PT USD 109
• Westlake Corp (WLK) Upgraded to Neutral at JPMorgan; PT USD 90
• Zscaler (ZS) Upgraded to Buy at B Riley; PT USD 225

DOWNGRADES

• Applied Materials (AMAT) Downgraded to Equal-Weight at Morgan Stanley
• CoreWeave (CRWV) Downgraded to Neutral at DA Davidson
• Inter&Co (INTR) Downgraded to Neutral at Citi; PT USD 6.50
• Intl Seaways (INSW) Downgraded to Hold at Pareto Securities; PT USD 88
• Nebius Group (NBIS) Downgraded to Neutral at DA Davidson
• Ouster (OUST) Downgraded to Neutral at President Capital Management; PT USD 35
• Outlook Therapeutics Inc (OTLK) Downgraded to Neutral at BTIG
• Regeneron (REGN) Downgraded to Market Perform at Leerink; PT USD 641
• Regeneron (REGN) Downgraded to Neutral at Citi; PT USD 700
• Salesforce (CRM) Downgraded to Underperform at BofA; PT USD 160

INITIATIONS

• ARM Holdings (ARM) ADRs Initiated at New Outperform at Bernstein; PT USD 300
• BNY (BK) Initiated at New Buy at William O'Neil
• Burlington Stores (BURL) Initiated at New Hold at Truist Secs; PT USD 305
• Elmet Group (ELMT) Initiated at New Overweight at Cantor; PT USD 20
• Elmet Group (ELMT) Initiated at New Buy at Canaccord; PT USD 20
• Elmet Group (ELMT) Initiated at New Buy at Roth Capital Partners; PT USD 21
• Korro Bio, Inc. (KRRO) Initiated at New Buy at Citi; PT USD 21
• Mobileye (MBLY) Initiated at New Underperform at Jefferies; PT USD 8
• National Healthcare Properties (HLTC) NHP US Initiated at New Overweight at Wells Fargo; PT USD 16
• National Healthcare Properties (HLTC) NHP US Initiated at New Outperform at Baird
• National Healthcare Properties (HLTC) NHP US Initiated at New Market Perform at BMO
• National Healthcare Properties (HLTC) NHP US Initiated at New Buy at Goldman; PT USD 20
• Picard Medical (PMI) Initiated at New Neutral at HC Wainwright
• Precision Optics/Mass (POCI) Initiated at New Buy at Lucid Capital Markets
• Presidio Production (FTW) Initiated at New Outperform at William Blair
• Q32 Bio Inc (QTTB) Initiated at New Overweight at Cantor
• Ross Stores (ROST) Initiated at New Buy at Truist Secs; PT USD 270
• TJX (TJX) Initiated at New Buy at Truist Secs; PT USD 175
• Yesway (YSWY) Initiated at New Outperform at Raymond James; PT USD 30
• Yesway (YSWY) Initiated at New Overweight at Barclays; PT USD 31
• Yesway (YSWY) Initiated at New Buy at Guggenheim; PT USD 30
• Yesway (YSWY) Initiated at New Neutral at JPMorgan; PT USD 29
• Yesway (YSWY) Initiated at New Outperform at BMO; PT USD 30
• Yesway (YSWY) Initiated at New Neutral at Goldman; PT USD 28
• Yesway (YSWY) Initiated at New Overweight at KeyBanc; PT USD 31
• Yesway (YSWY) Initiated at New Equal-Weight at Morgan Stanley; PT USD 28