BROKER MOVES: META upgraded at Erste; TFC downgraded at UBS

UPGRADES AbCellera Biologics (ABCL) Upgraded to Buy at Benchmark; PT USD 11 Allegiant Travel (ALGT) Upgraded to Buy at Melius Bread Financial (BFH) Upgraded to Equalweight at Barclays; PT USD 104 D.R. Horton (DHI) Upgraded to Outperform at Zelman & Associates Meta Platforms (META) Upgraded to Buy at Erste Group Cloudflare (NET) Upgraded to Sector Outperform at Scotiabank; PT USD 300 NVR (NVR) Upgraded to Buy at Zelman & Associates Repligen (RGEN) Upgraded to Buy at Benchmark; PT USD 185 Waste Management (WM) Upgraded to Outperformer at CIBC; PT USD 244 DOWNGRADES American Airlines (AAL) Downgraded to Hold at Melius Alarum Technologies (ALAR) Downgraded to Neutral at Alliance Global Partners Amrize (AMRZ) Downgraded to Hold at Truist Securities; PT USD 48 Century Communities (CCS) Downgraded to Underperform at Zelman & Associates Crinetics Pharmaceuticals (CRNX) Downgraded to Neutral at H.C. Wainwright Crinetics Pharmaceuticals (CRNX) Downgraded to Perform at Oppenheimer Crinetics Pharmaceuticals (CRNX) Downgraded to Neutral at Cantor Fitzgerald Element Solutions (ESI) Downgraded to Hold at Freedom Broker; PT USD 45 Medpace (MEDP) Downgraded to Hold at Jefferies; PT USD 515 M/I Homes (MHO) Downgraded to Neutral at Zelman & Associates Meritage Homes (MTH) Downgraded to Neutral at Zelman & Associates Nano-X Imaging (NNOX) Downgraded to Neutral at Alliance Global Partners PennyMac Financial Services (PFSI) Downgraded to Equalweight at Barclays; PT USD 93 SLM (SLM) Downgraded to Equalweight at Barclays; PT USD 26 Sysco (SYY) Downgraded to Sell at Melius Theravance Biopharma (TBPH) Downgraded to Neutral at H.C. Wainwright Truist Financial (TFC) Downgraded to Neutral at UBS; PT USD 55 INITIATIONS Adobe (ADBE) Initiated at Underperform at BofA Securities; PT USD 190 American Healthcare REIT (AHR) Initiated at Overweight at Barclays; PT USD 61 Arlo Technologies (ARLO) Initiated at Outperform at William Blair Atossa Therapeutics (ATOS) Initiated at Buy at Rodman & Renshaw; PT USD 12 DCH (DCH) Initiated at Neutral at JPMorgan; PT USD 8 Healthpeak Properties (DOC) Initiated at Equalweight at Barclays; PT USD 23 ECHO (ECHO) Initiated at Buy at Deutsche Bank; PT USD 143 Figma (FIG) Initiated at Buy at BofA Securities; PT USD 30 Fidelity National Information Services (FIS) Initiated at Equalweight at Morgan Stanley; PT USD 47 Robinhood (HOOD) Initiated at Buy at China Renaissance Interactive Brokers (IBKR) Initiated at Hold at China Renaissance JAGU (JAGU) Initiated at Buy at Roth; PT USD 3.20 Kingsoft Cloud (KC) Initiated at Overweight at Morgan Stanley; PT USD 15 LBRX (LBRX) Initiated at Outperform at Wolfe Research; PT USD 45 MGX (MGX) Initiated at Buy at Chardan; PT USD 5 NUAI (NUAI) Initiated at Buy at B. Riley; PT USD 10 Omega Healthcare Investors (OHI) Initiated at Underweight at Barclays; PT USD 51 Orion Group (ORN) Initiated at Outperform at Oppenheimer; PT USD 20 Primoris Services (PRIM) Initiated at Outperform at Oppenheimer; PT USD 135 Sabra Health Care REIT (SBRA) Initiated at Equalweight at Barclays; PT USD 21 Shopify (SHOP) Initiated at Buy at BofA Securities; PT USD 150 SpaceX (SPCX) Initiated at Buy at Stifel; PT USD 190 SpaceX (SPCX) Initiated at Buy at Citi; PT USD 200 SpaceX (SPCX) Initiated at Buy at Needham; PT USD 200 SpaceX (SPCX) Initiated at Buy at Goldman Sachs; PT USD 205 SpaceX (SPCX) Initiated at Buy at UBS; PT USD 210 SpaceX (SPCX) Initiated at Buy at Clear Street; PT USD 217 SpaceX (SPCX) Initiated at Buy at BofA Securities; PT USD 235 SpaceX (SPCX) Initiated at Buy at Canaccord; PT USD 246 SpaceX (SPCX) Initiated at Buy at Deutsche Bank; PT USD 255 SpaceX (SPCX) Initiated at Neutral at MoffettNathanson; PT USD 131 SpaceX (SPCX) Initiated at Outperform at William Blair SpaceX (SPCX) Initiated at Outperform at Mizuho; PT USD 200 SpaceX (SPCX) Initiated at Outperform at RBC Capital; PT USD 225 SpaceX (SPCX) Initiated at Outperform at Bernstein SocGen Group; PT USD 239 SpaceX (SPCX) Initiated at Overweight at JPMorgan; PT USD 225 SpaceX (SPCX) Initiated at Overweight at Wells Fargo; PT USD 230 SpaceX (SPCX) Initiated at Overweight at Morgan Stanley; PT USD 300 SpaceX (SPCX) Initiated at Strong Buy at Raymond James; PT USD 800 VNET Group (VNET) Initiated at Buy at Deutsche Bank; PT USD 12.50 Ventas (VTR) Initiated at Equalweight at Barclays; PT USD 99 Welltower (WELL) Initiated at Equalweight at Barclays; PT USD 254 Wintrust Financial (WTFC) Initiated at Neutral at UBS; PT USD 170