U.S. Markets

US BROKER MOVES: STUB upgraded at Guggenheim; ZETA reinstated at BofA

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UPGRADES American Tower (AMT) Upgraded to Outperform at Bernstein; PT USD 207 Assured Guaranty (AGO) Upgraded to Buy at UBS; PT USD 94 Credicorp (BAP) Upgraded to Buy at HSBC; PT USD 350 Jazz Pharma (JAZZ) Upgraded to Buy at UBS; PT USD 307 Progyny (PGNY) Upgraded to Buy at Canaccord; PT USD 30 Stubhub (STUB) Upgraded to Buy at Guggenheim; PT USD 12.50 DOWNGRADES Anglogold (AU) Downgraded to Underweight at ABSA Securities; PT USD 100.82 Biofrontera (BFRI) Downgraded to Speculative Buy at Benchmark; PT USD 3 BofA (BAC) Downgraded to Hold at CFRA Citigroup (C) Downgraded to Hold at CFRA CrowdStrike (CRWD) Downgraded to Sell at DZ Bank; PT USD 500 Fortinet (FTNT) Downgraded to Hold at DZ Bank; PT USD 125 Hanover (THG) Downgraded to Market Perform at BMO; PT USD 203 James River Group Holdin (JRVR) Downgraded to Neutral at UBS; PT USD 4.75 Lightspeed Commerce (LSPD CN) Downgraded to Underperform at BofA Zspace (ZSPC) Downgraded to Market Perform at Barrington Research INITIATIONS Alnylam (ALNY) Initiated at New Buy at Citi Ascendis Pharma (ASND) Initiated at New Buy at Citi BioMarin (BMRN) Initiated at New Buy at Citi Bridgebio (BBIO) Initiated at New Neutral at Citi Corpay (CPAY) Initiated at New Buy at Loop Capital; PT USD 406 Cytokinetics (CYTK) Initiated at New Buy at Citi Interface (TILE) Initiated at New Buy at Benchmark; PT USD 36 Ionis Pharma (IONS) Initiated at New Buy at Citi Pilgrim's Pride (PPC) Reinstated Neutral at UBS; PT USD 30 X-Energy (XE) Initiated at New Buy at TD Cowen; PT USD 35 X-Energy (XE) Initiated at New Hold at Jefferies; PT USD 28 X-Energy (XE) Initiated at New Buy at UBS; PT USD 40 X-Energy (XE) Initiated at New Overweight at Morgan Stanley; PT USD 41 X-Energy (XE) Initiated at New Buy at Guggenheim; PT USD 57 X-Energy (XE) Initiated at New Overweight at JPMorgan; PT USD 38 Zeta (ZETA) Reinstated Buy at BofA; PT USD 24

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