US BROKER MOVES: NKE downgraded at JPMorgan; WMT downgraded at Oppenheimer

UPGRADES Ameresco (AMRC) Upgraded to Outperform from Neutral at BNP Paribas Exane Inspire Medical Systems (INSP) Upgraded to Outperform from Perform at Oppenheimer; PT USD 85 Landstar System (LSTR) Upgraded to Outperform from Peerperform at Wolfe Research; PT USD 214 Madrigal Pharmaceuticals (MDGL) Upgraded to Outperform from Peerperform at Wolfe Research; PT USD 605 Palantir Technologies (PLTR) Upgraded to Buy from Hold at Deutsche Bank; PT USD 200 Replimune (REPL) Upgraded to Outperform from Market Perform at Leerink; PT USD 17 (prev USD 11) BBB Foods (TBBB) Upgraded to Buy from Neutral at UBS; PT USD 51 (prev USD 43) DOWNGRADES Apple (AAPL) Downgraded to Hold from Buy at China Renaissance Apple (AAPL) Downgraded to Hold from Buy at DZ Bank; PT USD 310 Atkore (ATKR) Downgraded to Neutral from Buy at Roth; PT USD 92 (prev USD 85) Bowhead Specialty Holdings (BOW) Downgraded to Sector Perform from Outperform at RBC Capital; PT USD 34 (prev USD 38) Cigna (CI) Downgraded to Hold from Buy at Jefferies; PT USD 307 (prev USD 336) Duolingo (DUOL) Downgraded to Underperform from Neutral at BofA Securities; PT USD 93 (prev USD 103) eBay (EBAY) Downgraded to Market Perform from Market Outperform at Citizens Integer Holdings (ITGR) Downgraded to Hold from Buy at Freedom Capital Nike (NKE) Downgraded to Underweight from Neutral at JPMorgan; PT USD 40 (prev USD 47) Olin (OLN) Downgraded to Equal Weight from Overweight at Wells Fargo; PT USD 20 (prev USD 25) PVH (PVH) Downgraded to Underweight from Neutral at JPMorgan; PT USD 84 (prev USD 70) Sportradar (SRAD) Downgraded to Neutral from Buy at BTIG TELUS (TU) Downgraded to Underperform from Neutral at BofA Securities WEC Energy Group (WEC) Downgraded to Neutral from Buy at Ladenburg Thalmann; PT USD 110.50 Walmart (WMT) Downgraded to Perform from Outperform at Oppenheimer Exxon Mobil (XOM) Downgraded to Hold from Buy at DZ Bank; PT USD 156 INITIATIONS APi Group (APG) Initiated Overweight at Wells Fargo; PT USD 53 IPEX Initiated Buy at Benchmark; PT USD 14 Lattice Semiconductor (LSCC) Initiated Buy at Rosenblatt; PT USD 175 PDF Solutions (PDFS) Initiated Equal Weight at Wells Fargo; PT USD 50 QXO Initiated Overweight at Morgan Stanley; PT USD 35 SK Hynix (SKHY) Initiated Buy at Needham; PT USD 200  SK Hynix (SKHY) Initiated Buy at Stifel; PT USD 240  SK Hynix (SKHY) Initiated Buy at Rosenblatt; PT USD 320  SK Hynix (SKHY) Initiated Outperform at William Blair  SK Hynix (SKHY) Initiated Outperform at RBC Capital; PT USD 200  SK Hynix (SKHY) Initiated Outperform at Wolfe Research; PT USD 200  SK Hynix (SKHY) Initiated Overweight at Cantor Fitzgerald; PT USD 300 Velo3D (VELO) Initiated Buy at Craig; PT USD 20 Vishay Intertechnology (VSH) Initiated Buy at Needham; PT USD 45 Vishay Intertechnology (VSH) Initiated Outperform at Raymond James; PT USD 40