US BROKER MOVES: VST upgraded at Goldman Sachs; AMZN downgraded at DA Davidson

• Ares Management (ARES) upgraded from Hold to Buy at Deutsche Bank; PT USD 155 (from USD 182)
• Boot Barn (BOOT) upgraded from Equal Weight to Overweight at Stephens; PT USD 237 (from USD 196)
• Doximity (DOCS) upgraded from Underweight to Neutral at JPMorgan; PT USD 40 (from USD 62)
• Estée Lauder (EL) upgraded from Neutral to Buy at Citi; PT USD 120
• Barrick Gold (GOLD) upgraded from Market Perform to Outperform at Northland
• Envista Holdings (NVST) upgraded from Market Perform to Outperform at William Blair
• Envista Holdings (NVST) upgraded from Market Perform to Outperform at Leerink Partners; PT USD 35
• Roblox (RBLX) upgraded from Hold to Buy at Freedom Capital Markets; PT USD 85
• Roku (ROKU) upgraded from Perform to Outperform at Oppenheimer; PT USD 105
• Snap (SNAP) upgraded from Sell to Hold at Stifel; PT USD 5.50
• Vistra (VST) upgraded from Neutral to Buy at Goldman Sachs; PT USD 205 (from USD 200)

• Amazon.com (AMZN) downgraded from Buy to Hold at Fubon; PT USD 240
• Amazon.com (AMZN) downgraded from Buy to Neutral at DA Davidson; PT USD 175
• Banco de Chile (BCH) downgraded from Buy to Neutral at UBS; PT USD 48 (from USD 41)
• Crown Holdings (CCK) downgraded from Outperform to Peer Perform at Wolfe Research
• Crown Holdings (CCK) downgraded from Overweight to Neutral at JPMorgan; PT USD 115 (from USD 112)
• Customers Bancorp (CUBI) downgraded from Equal Weight to Underweight at Stephens
• Cemex (CX) downgraded from Buy to Hold at HSBC; PT USD 12.80 (from USD 10.00)
• Gemini Energy (GEMI) downgraded from Outperform to In Line at Evercore ISI; PT USD 10 (from USD 15)
• Gladstone Capital (GLAD) downgraded from Buy to Hold at Jefferies; PT USD 21 (from USD 23)
• Canada Goose (GOOS) downgraded from Equal Weight to Underweight at Barclays; PT USD 10 (from USD 12)
• Hub Group (HUBG) downgraded from Buy to Sell at Stifel; PT USD 27 (from USD 52)
• Kinder Morgan Texas Pipeline (KNTK) downgraded from Buy to Hold at Jefferies; PT USD 43
• Linde (LIN) downgraded from Overweight to Neutral at JPMorgan; PT USD 455
• Mid-America Apartment Communities (MAA) downgraded from Buy to Hold at Colliers Securities
• MSC Industrial Direct (MSM) downgraded from Overweight to Neutral at JPMorgan; PT USD 95
• Norfolk Southern (NSC) downgraded from Buy to Neutral at UBS; PT USD 342 (from USD 320)
• Old Dominion Freight Line (ODFL) downgraded from Buy to Hold at Deutsche Bank; PT USD 205 (from USD 167)
• Impinj (PI) downgraded from Outperform to In Line at Evercore ISI; PT USD 112 (from USD 273)
• Ribbon Communications (RBBN) downgraded from Buy to Neutral at B. Riley; PT USD 2.90 (from USD 6.00)

• Biohaven (BHVN) initiated at Buy at Goldman Sachs; PT USD 23
• Caterpillar (CAT) initiated at Outperform at CICC; PT USD 800
• Jumia Technologies (JMIA) initiated at Overweight at Cantor Fitzgerald; PT USD 18
• Merit Medical Systems (MMSI) initiated at Buy at BTIG; PT USD 107
• Natera (NBTX) initiated at Buy at TD Cowen
• New Gold (NG) initiated at Sector Outperform at Scotiabank

Goldman Sachs has upgraded Vistra (VST) to Buy, suggesting a positive outlook for the company's performance. Conversely, Amazon (AMZN) has been downgraded by DA Davidson from Buy to Neutral, indicating potential headwinds or a less optimistic growth forecast for the retail giant. These ratings shifts can influence sector sentiment, especially in energy and e-commerce, making it crucial to monitor market responses accordingly.