U.S. Markets

US BROKER MOVES: ORCL upgraded at DA Davidson; LI downgraded at JPM

News detail

UPGRADES Align Technology (ALGN) upgraded from Hold to Buy at HSBC; PT USD 200 (from USD 150) Ares Management (ARES) upgraded from Market Perform to Strong Buy at Raymond James; PT USD 157 Green Plains (GPRE) upgraded from Equal Weight to Overweight at Stephens Robinhood Markets (HOOD) upgraded from Peer Perform to Outperform at Wolfe Research; PT USD 125 LM Funding America (LMRI) upgraded from Outperform to Strong Buy at Raymond James; PT USD 23 Medtronic (MDT) upgraded from Hold to Buy at Needham; PT USD 121 Oracle (ORCL) upgraded from Neutral to Buy at DA Davidson; PT USD 180 Park-Ohio Holdings (PKOH) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 37 Roblox (RBLX) upgraded from Neutral to Buy at Roth/MKM; PT USD 84 (from USD 78) SoFi Technologies (SOFI) upgraded from Market Perform to Market Outperform at Citizens; PT USD 30 Stellantis (STLA) upgraded from Underperform to Peer Perform at Wolfe Research Timken (TKR) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 130 TPG Inc. (TPG) upgraded from Market Perform to Market Outperform at Citizens; PT USD 75 Viatris (VTRS) upgraded from Neutral to Buy at UBS; PT USD 18 WGS upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 155 ZTO Express (ZTO) upgraded from Neutral to Outperform at Macquarie; PT USD 26.60 (from USD 18.40) DOWNGRADES Marathon Digital (MARA) downgraded from Equal Weight to Underweight at Morgan Stanley; PT USD 8 Crown Holdings (CCK) downgraded from Buy to Neutral at UBS; PT USD 126 Corteva (CTVA) downgraded from Buy to Neutral at UBS; PT USD 80 (from USD 81) Ero Copper (ERO) downgraded from Buy to Neutral at BofA Securities; PT USD 33 (from USD 36) Li Auto (LI) downgraded from Neutral to Underweight at JPMorgan; PT USD 14 (from USD 18) RenaissanceRe (RNR) downgraded from Buy to Neutral at Citi; PT USD 328 (from USD 298) Teradyne (TER) downgraded from Buy to Neutral at Presidents Capital Management; PT USD 308 United Community Banks (UCB) downgraded from Outperform to Market Perform at Hovde Group Westlake Corp. (WLK) downgraded from Outperform to Neutral at Mizuho; PT USD 88 INITIATIONS BridgeBio Pharma (BBNX) initiated at Buy at UBS; PT USD 24 Cipher Mining (CIFR) initiated at Overweight at Morgan Stanley; PT USD 38 Dave Inc. (DAVE) initiated at Outperform at Keefe, Bruyette & Woods Dave Inc. (DAVE) initiated at Outperform at William Blair Ericsson (ERIC) initiated at Equal Weight at Morgan Stanley; PT USD 11 First Merchants (FRMI) initiated at Market Outperform at Citizens; PT USD 30 Immix Biopharma (IMMX) initiated at Outperform at Mizuho; PT USD 14 Nokia (NOK) initiated at Overweight at Morgan Stanley; PT USD 8 Palomar Holdings (PLMR) initiated at Outperform at Evercore ISI; PT USD 150 QuickLogic (QUIK) initiated at Buy at Lake Street Capital Markets; PT USD 10 StoneCo (STNE) initiated at Buy at BTIG; PT USD 22 Terns Pharmaceuticals (TERN) initiated at Outperform at Leerink Partners; PT USD 58 Americas Gold and Silver (USAS) initiated at Buy at TD Cowen TeraWulf (WULF) initiated at Overweight at Morgan Stanley; PT USD 37 Zura Bio (ZURA) initiated at Outperform at Wedbush; PT USD 15

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