US BROKER MOVES: TOST upgraded at Goldman Sachs; PSKY downgraded at Arete with a USD 2 PT (prev. 14)

UPGRADES Ternium (TX) Upgraded to Equal Weight at Wells Fargo; PT USD 45 Toast (TOST) Upgraded to Buy at Goldman Sachs; PT USD 36 Solstice Advanced Materials (SOLS) Upgraded to Buy at Truist Securities Saia (SAIA) Upgraded to Buy at Citi; PT USD 488 (prev USD 524) Redwood Trust (RWT) Upgraded to Outperform at Keefe, Bruyette & Woods; PT USD 6 (prev USD 7) Old Dominion Freight Line (ODFL) Upgraded to Neutral at Citi; PT USD 228 Nexxen International (NEXN) Upgraded to Buy at Craig; PT USD 12 Knight-Swift Transportation (KNX) Upgraded to Buy at Citi; PT USD 90 ITT (ITT) Upgraded to Outperform at Wolfe Research; PT USD 229 Houlihan Lokey (HLI) Upgraded to Peerperform at Wolfe Research W. W. Grainger (GWW) Upgraded to Peerperform at Wolfe Research Five Below (FIVE) Upgraded to Outperform at Mizuho Better Home & Finance (BETR) Upgraded to Outperform at Northland American International Group (AIG) Upgraded to Overweight at Cantor Fitzgerald; PT USD 92 (prev USD 85) DOWNGRADES Tractor Supply (TSCO) Downgraded to Neutral at Mizuho; PT USD 32 Bio-Techne (TECH) Downgraded to Sector Perform at RBC Capital; PT USD 73 (prev USD 62) Simon Property Group (SPG) Downgraded to Hold at Deutsche Bank; PT USD 220 (prev USD 205) Ryan Specialty (RYAN) Downgraded to Peerperform at Wolfe Research Paramount Skydance (PSKY) Downgraded to Sell at Arete; PT USD 2 Pentair (PNR) Downgraded to Peerperform at Wolfe Research Packaging Corporation of America (PKG) Downgraded to Equal Weight at Wells Fargo; PT USD 246 (prev USD 245) Mattel (MAT) Downgraded to Sell at Goldman Sachs; PT USD 12 Kaiser Aluminum (KALU) Downgraded to Underweight at Wells Fargo; PT USD 158 Granite Construction (GVA) Downgraded to Sell at Goldman Sachs; PT USD 139 (prev USD 141) Goldman Sachs BDC (GSBD) Downgraded to Underperform at BofA Securities; PT USD 8.50 (prev USD 9) Graco (GGG) Downgraded to Peerperform at Wolfe Research First Citizens BancShares (FCNCA) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 2,300 Equitable Holdings (EQH) Downgraded to Peerperform at Wolfe Research Ducommun (DCO) Downgraded to Sector Perform at RBC Capital; PT USD 175 (prev USD 150) Caesars Entertainment (CZR) Downgraded to Equalweight at Barclays; PT USD 31 (prev USD 35) Salesforce (CRM) Downgraded to Sector Weight at KeyBanc AeroVironment (AVAV) Downgraded to Sector Perform at RBC Capital; PT USD 180 (prev USD 210) Arthur J. Gallagher (AJG) Downgraded to Peerperform at Wolfe Research INITIATIONS Venus Concept (VELO) Initiated Overweight at Cantor Fitzgerald; PT USD 17 Twin Vee PowerCats (TWIN) Initiated Buy at Lake Street; PT USD 30 Tesla (TSLA) Initiated Market Perform at Citizens First Financial Corporation (THFF) Initiated Market Perform at Raymond James Scorpio Tankers (STNG) Initiated Equalweight at Morgan Stanley; PT USD 82 Perimeter Solutions (PRM) Initiated Overweight at JPMorgan; PT USD 50 Pluri (PLYX) Initiated Buy at H.C. Wainwright; PT USD 7 OS Therapies (OSTX) Initiated Buy at Roth; PT USD 7 Orrstown Financial Services (ORRF) Initiated Market Perform at Raymond James Orchid Island Capital (ORC) Initiated Neutral at BTIG Marlin Business Services (MRLN) Initiated Overweight at Cantor Fitzgerald Medallion Financial (MFIN) Initiated Market Perform at Raymond James Lexington Realty Trust (LXP) Initiated Outperform at BMO Capital; PT USD 65 Centrus Energy (LEU) Initiated Buy at Needham; PT USD 264 Integra LifeSciences (IART) Initiated Market Perform at BMO Capital; PT USD 19 Hona Therapeutics (HONA) Initiated Buy at Argus HCI Group (HCI) Initiated Overweight at Cantor Fitzgerald; PT USD 225 Flotek Industries (FTK) Initiated Buy at Jones Trading; PT USD 40 Comfort Systems USA (FIX) Initiated Buy at Goldman Sachs; PT USD 2,159 Edgewise Therapeutics (EWTX) Initiated Outperform at Oppenheimer; PT USD 51 Cohen & Company (COHN) Initiated Outperform at Northland; PT USD 20 Connect Biopharma (CNTB) Initiated Outperform at Oppenheimer; PT USD 8 Career Education Corporation (CECO) Initiated Overweight at JPMorgan; PT USD 130 Advanced Micro Devices (AMD) Initiated Market Perform at William Blair Alerus Financial (ALRS) Initiated Outperform at Raymond James; PT USD 34