UPGRADES:
Alcoa (AA) Upgraded to Equal-Weight at Morgan Stanley; PT USD 36.50AMD (AMD) Upgraded to Buy at Punto Casa de Bolsa; PT USD 174.26CytomX (CTMX) Upgraded to Neutral at JPMorganEquity Residential (EQR) Upgraded to Outperform at BMO; PT USD 70Euronet (EEFT) Upgraded to Buy at Citi; PT USD 120Ingevity (NGVT) Upgraded to Buy at Jefferies; PT USD 62L3Harris (LHX) Upgraded to Overweight at Alembic Global; PT USD 238Northrop Grumman (NOC) Upgraded to Overweight at Alembic Global; PT USD 532Papa John's (PZZA) Upgraded to Hold at Stifel; PT USD 60PPG Industries (PPG) Upgraded to Buy at Seaport Global SecuritiesProvident Financial (PFS) Upgraded to Buy at DA Davidson; PT USD 20Robert Half Inc (RHI) Upgraded to Hold at Truist Secs; PT USD 72DOWNGRADES:
Cisco (CSCO) Downgraded to Neutral at JPMorgan; PT USD 53CNH Industrial (CNHI) Downgraded to Neutral at BofACVB Financial (CVBF) Downgraded to Market Perform at Hovde Group; PT USD 18OGE Energy (OGE) Downgraded to Equal-Weight at Barclays; PT USD 34Pacific Bio (PACB) Downgraded to Neutral at JPMorganPPG Industries (PPG) Downgraded to Inline at Evercore ISI; PT USD 152Prologis (PLD) Downgraded to Market Perform at BMOSouthern Copper (SCCO) Downgraded to Reduce at HSBC; PT USD 80Western Digital (WDC) Downgraded to Market Perform at Raymond JamesINITIATIONS:
Agilon Health (AGL) Initiated at New Neutral at Citi; PT USD 6Atour Lifestyle (ATAT) ADRs Initiated at New Outperform at Macquarie; PT USD 26BellRing Brands (BRBR) Initiated at New Buy at Cowen; PT USD 64Boundless Bio (BOLD) Initiated at New Outperform at Leerink; PT USD 25Boundless Bio (BOLD)Initiated at New Overweight at Piper Sandler; PT USD 20Chord Energy (CHRD) Initiated at New Buy at SWS; PT USD 262Cyclo Therapeutics (CYTH) Initiated at New Buy at Ascendiant Capital MarketsEastGroup (EGP) Initiated at New Outperform at BMO; PT USD 190Engene Holdings (ENGN) Initiated at New Overweight at Wells Fargo; PT USD 30Evolent (EVH) Reinstated Buy at Citi; PT USD 40Gaotu Techedu (GOTU) ADRs Initiated at New Buy at Huatai Research; PT USD 8.56GE Vernova (GEV) Initiated at New Hold at Melius; PT USD 147H World Group Ltd (HTHT) ADRs Reinstated Outperform at MacquarieKinetik (KNTK) Initiated at New Equal-Weight at Barclays; PT USD 40Kirby (KEX) Initiated at New Outperform at Wolfe; PT USD 126Knife River Corp (KNF) Reinstated Buy at Spin-Off Research; PT USD 85.17Kymera (KYMR) Initiated at New Outperform at Oppenheimer; PT USD 53Madrigal Pharma (MDGL) Initiated at New Underperform at BofA; PT USD 150Palmer Square Capital BDC (PSBD) Initiated at New Neutral at Janney MontgomeryPrivia Health (PRVA) Initiated at New Buy at Citi; PT USD 25Raymond James (RJF) Initiated at New Add at Citic Securities; PT USD 139Rexford Industrial (REXR) Initiated at New Neutral at Wedbush; PT USD 45Simply Good Foods (SMPL) Initiated at New Hold at Cowen; PT USD 34Stevanato Group (STVN) Initiated at New Outperform at BNPP ExaneUltragenyx (RARE) Initiated at New Outperform at RBC; PT USD 77(Newswires)