US BROKER MOVES: WING upgraded at Piper Sandler; RTX upgraded at Melius

UPGRADES

• Brinker (EAT) Upgraded to Overweight at KeyBanc; PT USD 177
• Chagee Holdings (CHA) ADRs Upgraded to Overweight at JPMorgan; PT USD 16
• Construction Partners (ROAD) Upgraded to Buy at B Riley; PT USD 135
• FB Financial (FBK) Upgraded to Overweight at Piper Sandler; PT USD 65
• Hope Bancorp (HOPE) Upgraded to Buy at Janney Montgomery; PT USD 14
• Kimbell Royalty Partners (KRP) Upgraded to Overweight at KeyBanc; PT USD 17
• Martin Marietta (MLM) Upgraded to Buy at B Riley; PT USD 700
• RTX Corp (RTX) Upgraded to Buy at Melius
• Tilray Brands (TLRY) Upgraded to Buy at Roth Capital Partners; PT USD 10
• Wingstop (WING) Upgraded to Overweight at Piper Sandler

DOWNGRADES

• Akamai (AKAM) Downgraded to Neutral at Baird; PT USD 110
• Apellis Pharma (APLS) Downgraded to Neutral at Roth Capital Partners; PT USD 41
• BCE (BCE CN) Downgraded to Hold at TD Cowen; PT CUSD 37
• Dine Brands (DIN) Downgraded to Sector Weight at KeyBanc
• Expand Energy (EXE) Downgraded to Sector Weight at KeyBanc
• Gen Restaurant Group (GENK) Downgraded to Hold at Benchmark
• Wix.com (WIX) Downgraded to Neutral at UBS; PT USD 96

INITIATIONS

• Altisource Portfolio (ASPS) Reinstated Buy at B Riley; PT USD 8
• CareTrust REIT (CTRE) Reinstated Outperform at Mizuho Securities
• Cerence (CRNC) Initiated at New Overweight at Cantor; PT USD 11
• Elf Beauty (ELF) Initiated at New Inline at Evercore ISI; PT USD 68
• Finance Of America (FOA) Initiated at New Buy at B Riley; PT USD 22.50
• Freeport (FCX) Reinstated Buy at Goldman; PT USD 70
• IREN Ltd (IREN) Initiated at New Hold at Freedom Capital; PT USD 36
• Nutanix (NTNX) Initiated at New Buy at Rosenblatt Securities Inc; PT USD 60
• Remitly (RELY) Initiated at New Buy at Freedom Capital; PT USD 20
• SAB Biotherapeutics (SABS) Initiated at New Buy at Rodman & Renshaw; PT USD 13
• StandardAero (SARO) Initiated at New Buy at BTIG; PT USD 35
• Tango Therapeutics (TNGX) Initiated at New Buy at Canaccord; PT USD 30
• Toyo (TOYO) Initiated at New Buy at Roth Capital Partners; PT USD 15