US BROKER MOVES: HESM upgraded at Raymond James; NCLH downgraded at JPM

UPGRADES ABB (ABB) Upgraded from In Line to Outperform at Evercore ISI Allegion (ALLE) Upgraded from Neutral to Buy at BofA Securities; PT USD 200 Hess Midstream (HESM) Upgraded from Market Perform to Outperform at Raymond James; PT USD 32 MSC Industrial Direct (MSM) Upgraded from Hold to Buy at Jefferies; PT USD 135 MSC Industrial Direct (MSM) Upgraded from Equal Weight to Overweight at Stephens Pharvaris (PHVS) Upgraded from Neutral to Buy at BofA Securities; PT USD 44 Valley National Bancorp (VLY) Upgraded from Market Perform to Outperform at Keefe, Bruyette & Woods; PT USD 17 DOWNGRADES Avalo Therapeutics (AVTX) Downgraded from Buy to Neutral at H.C. Wainwright Avalo Therapeutics (AVTX) Downgraded from Buy to Neutral at Guggenheim Cass Information Systems (CASS) Downgraded from Outperform to Market Perform at Raymond James Deckers Outdoor (DECK) Downgraded from Neutral to Underweight at Piper Sandler; PT USD 75 First Industrial Realty Trust (FR) Downgraded from Strong Buy to Outperform at Raymond James; PT USD 71 Globe Life (GL) Downgraded from Overweight to Neutral at Piper Sandler; PT USD 165 Norwegian Cruise Line Holdings (NCLH) Downgraded from Neutral to Underweight at JPMorgan; PT USD 11 NVR (NVR) Downgraded from Buy to Underperform at BofA Securities; PT USD 5,900 Old Republic International (ORI) Downgraded from Strong Buy to Outperform at Raymond James INITIATIONS Benchmark Electronics (BHE) Initiated at Buy at Needham; PT USD 85 Benitec Biopharma (BNTC) Initiated at Outperform at Raymond James; PT USD 14 CAMP4 Therapeutics (CAMP) Initiated at Strong Buy at Raymond James; PT USD 10 Diodes (DIOD) Initiated at Buy at Needham; PT USD 110 Immunic (IMUX) Initiated at Overweight at Cantor Fitzgerald Kimberly-Clark (KMB) Initiated at Hold at Canaccord; PT USD 105 Microbot Medical (MBOT) Initiated at Market Outperform at Citizens; PT USD 2.50 OraSure Technologies (OSUR) Initiated at Buy at Craig-Hallum; PT USD 7 Quantum Corporation (QMCO) Initiated at Overweight at Cantor Fitzgerald Rush Street Interactive (RSI) Initiated at Overweight at Barclays; PT USD 24 Super Group (SGHC) Initiated at Equalweight at Barclays; PT USD 13 Unusual Machines (UMAC) Initiated at Outperform at Northland; PT USD 30