U.S. Markets

US BROKER MOVES: ARM double upgraded at HSBC; MOS downgraded at BofA

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UPGRADES Air Products (APD) Upgraded from Neutral to Overweight W/ USD 310.00 PT (prev. USD 280.00) at JPMorgan Arm Holdings (ARM) Upgraded from Reduce to Buy W/ USD 205.00 PT at HSBC ARC Resources (ARX) Upgraded from Equal Weight to Overweight W/ USD 15.00 PT (prev. USD 17.00) at Wells Fargo AptarGroup (ATR) Upgraded from Equal Weight to Overweight W/ USD 144.00 PT (prev. USD 133.00) at Wells Fargo BP (BP) Upgraded from Reduce to Hold W/ USD 45.30 PT (prev. USD 35.10) at HSBC Chipotle Mexican Grill (CMG) Upgraded from Neutral to Outperform W/ USD 40.00 PT (prev. USD 37.00) at Mizuho Crescent Energy (CRGY) Upgraded from Neutral to Overweight W/ USD 19.00 PT (prev. USD 12.00) at JPMorgan FIGS (FIGS) Upgraded from Perform to Outperform W/ USD 22.00 PT at Oppenheimer Freshpet (FRPT) Upgraded from Perform to Outperform W/ USD 80.00 PT at Oppenheimer German American Bancorp (GABC) Upgraded from Neutral to Overweight W/ USD 47.00 PT at Piper Sandler Halliburton (HAL) Upgraded from In Line to Outperform W/ USD 42.00 PT (prev. USD 36.00) at Evercore ISI HP Inc. (HP) Upgraded from In Line to Outperform W/ USD 43.00 PT (prev. USD 37.00) at Evercore ISI Mettler-Toledo (MTD) Upgraded from Hold to Buy W/ USD 1,450.00 PT (prev. USD 1,400.00) at Jefferies ONEOK (OKE) Upgraded from Hold to Buy W/ USD 98.00 PT (prev. USD 85.00) at Jefferies Occidental Petroleum (OXY) Upgraded from Underweight to Neutral W/ USD 63.00 PT (prev. USD 44.00) at JPMorgan SolarEdge Technologies (SEDG) Upgraded from Underperform to Hold W/ USD 49.00 PT (prev. USD 30.00) at Jefferies SM Energy (SM) Upgraded from Neutral to Overweight W/ USD 40.00 PT (prev. USD 16.00) at JPMorgan DOWNGRADES Amcor (AMCR) Downgraded from Overweight to Equal Weight W/ USD 43.00 PT (prev. USD 48.00) at Wells Fargo Magnite (MAGN) Downgraded from Overweight to Equal Weight W/ USD 12.00 PT (prev. USD 19.00) at Wells Fargo Mosaic (MOS) Downgraded from Buy to Neutral W/ USD 30.00 PT (prev. USD 33.00) at BOFA Securities O-I Glass (OI) Downgraded from Overweight to Equal Weight W/ USD 13.00 PT (prev. USD 18.00) at Wells Fargo INITIATIONS CEVA (CEVA) Initiated Buy W/ USD 22.00 PT at TD Cowen Fluence Energy (FLNC) Initiated Hold at Needham Generac (GNRC) Initiated Hold W/ USD 222.00 PT at Jefferies MicroStrategy (MSTR) Initiated Buy W/ USD 200.00 PT at Texas Capital Securities OGE Energy (OGE) Initiated Overweight W/ USD 52.00 PT at JPMorgan Perion Network (PERI) Initiated Buy W/ USD 14.00 PT at Canaccord Photronics (PLAB) Initiated Buy W/ USD 46.00 PT at Lake Street Rubrik (RBRK) Initiated Buy W/ USD 64.00 PT at BTIG SEI Investments (SEI) Initiated Equal Weight W/ USD 71.00 PT at Wells Fargo Solid Biosciences (SLDB) Initiated Buy W/ USD 26.00 PT at Guggenheim

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