US BROKER MOVES: AFRM upgraded at Wolfe Research; ACN downgraded at Wells Fargo

UPGRADES Affirm (AFRM) Upgraded from Peer Perform to Outperform at Wolfe Research; PT USD 90 Allegiant Travel (ALGT) Upgraded from Neutral to Buy at UBS; PT USD 107 Bullish (BLSH) Upgraded from Neutral to Buy at Compass Point; PT USD 51 Capricor Therapeutics (CAPR) Upgraded from Neutral to Buy at B. Riley; PT USD 21 CEVA (CEVA) Upgraded from Hold to Buy at StoneX Chime Financial (CHYM) Upgraded from Neutral to Buy at Rothschild Redburn; PT USD 46 Coinbase (COIN) Upgraded from Sell to Neutral at Compass Point; PT USD 177 4D Molecular Therapeutics (FDMT) Upgraded from Neutral to Overweight at Cantor Fitzgerald IREN (IREN) Upgraded from Underweight to Overweight at JPMorgan; PT USD 65 Somnigroup International (SGI) Upgraded from Equal Weight to Overweight at Stephens; PT USD 80 ZIM Integrated Shipping (ZIM) Upgraded from Underweight to Equalweight at Barclays; PT USD 30 DOWNGRADES Accenture (ACN) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 194 Addus HomeCare (ADUS) Downgraded from Buy to Neutral at BofA Securities; PT USD 125 Crown Castle (CCI) Downgraded from Neutral to Underweight at JPMorgan; PT USD 80 Charter Communications (CHTR) Downgraded from Peer Perform to Underperform at Wolfe Research Energy Recovery (ERII) Downgraded from Buy to Neutral at Seaport Global Securities GE Aerospace (GE) Downgraded from Buy to Hold at Melius; PT USD 350 Heico (HEI) Downgraded from Buy to Hold at Melius; PT USD 350 Honeywell (HON) Downgraded from Buy to Hold at Melius; PT USD 190 HPE (HPE) Downgraded from Outperform to In Line at Evercore ISI; PT USD 65 Lennox International (LII) Downgraded from Buy to Hold at Deutsche Bank; PT USD 444 Marathon Digital (MARA) Downgraded from Neutral to Underweight at JPMorgan; PT USD 11 McCormick (MKC) Downgraded from Buy to Hold at TD Cowen; PT USD 55 Stellantis (STLA) Downgraded from Equalweight to Underweight at Morgan Stanley TransDigm (TDG) Downgraded from Buy to Hold at Melius; PT USD 1,331 Woodward (WWD) Downgraded from Buy to Hold at Melius; PT USD 388 INITIATIONS Algonquin Power & Utilities (AQN) Initiated at Outperform at Huntington; PT USD 7 Banc of California (BANC) Initiated at Neutral at UBS; PT USD 20 Banyan Gold (BYN) Initiated at Sector Outperform at Scotiabank Charter Communications (CHTR) Initiated at Equalweight at Morgan Stanley; PT USD 150 Chesapeake Utilities (CPK) Initiated at Outperform at Huntington; PT USD 150 Deere (DE) Initiated at Outperform at CICC; PT USD 760 First Citizens BancShares (FCNCA) Initiated at Neutral at UBS; PT USD 2,250 Figma (FIG) Initiated at Sector Weight at KeyBanc F.N.B. (FNB) Initiated at Neutral at UBS; PT USD 20 Fox (FOXA) Initiated at Market Outperform at Citizens; PT USD 95 Freshworks (FRSH) Initiated at Overweight at KeyBanc; PT USD 18 Faeth Therapeutics (FTH) Initiated at Buy at Lucid Capital Markets; PT USD 59 GE Vernova (GEV) Initiated at Sell at GLJ Research; PT USD 470 GSI Technology (GSIT) Initiated at Buy at Needham; PT USD 9 InflaRx (IFRX) Initiated at Buy at Needham; PT USD 8 James Hardie Industries (JHX) Initiated at Buy at Loop Capital Jack Henry & Associates (JKHY) Initiated at Overweight at KeyBanc Korsana Biosciences (KRSA) Initiated at Buy at TD Cowen Korsana Biosciences (KRSA) Initiated at Buy at Stifel; PT USD 43 Lionsgate Studios (LION) Initiated at Market Outperform at Citizens; PT USD 18 Larimar Therapeutics (LRMR) Initiated at Outperform at Leerink; PT USD 13 Lyntris (LYNX) Initiated at Buy at Citi; PT USD 19 Lyntris (LYNX) Initiated at Buy at Guggenheim; PT USD 20 Lyntris (LYNX) Initiated at Buy at BofA Securities; PT USD 21 Lyntris (LYNX) Initiated at Outperform at Evercore ISI Lyntris (LYNX) Initiated at Outperform at William Blair Lyntris (LYNX) Initiated at Outperform at Raymond James; PT USD 18 New Jersey Resources (NJR) Initiated at Outperform at Huntington; PT USD 68 NET Power (NPWR) Initiated at Outperform at Northland; PT USD 2.75 Northwest Natural (NWN) Initiated at Outperform at Huntington; PT USD 58 Pursuit Attractions and Hospitality (PRSU) Initiated at Outperform at Macquarie; PT USD 62 Paramount Skydance (PSKY) Initiated at Market Outperform at Citizens; PT USD 14 PTC Therapeutics (PTCT) Initiated at Outperform at Leerink; PT USD 98 ProPetro (PUMP) Initiated at Equalweight at Morgan Stanley; PT USD 13 RGC Resources (RGCO) Initiated at Outperform at Huntington; PT USD 27 Rhythm Pharmaceuticals (RYTM) Initiated at Outperform at Leerink; PT USD 133 Rhythm Pharmaceuticals (RYTM) Initiated at Overweight at KeyBanc; PT USD 133 Spire (SR) Initiated at Outperform at Huntington; PT USD 93 Starz Entertainment (STRZ) Initiated at Market Outperform at Citizens; PT USD 40 T1 Energy (TE) Initiated at Neutral at JPMorgan; PT USD 5 UGI (UGI) Initiated at Outperform at Huntington; PT USD 54 UMB Financial (UMBF) Initiated at Neutral at UBS; PT USD 155 Unitil (UTL) Initiated at Outperform at Huntington; PT USD 63 X-Energy (XE) Initiated at Buy at Texas Capital Securities; PT USD 22 Zions Bancorp (ZION) Initiated at Buy at UBS; PT USD 78