US BROKER MOVES: TGT upgraded at HSBC; MRNA downgraded at Citi

UPGRADES Grocery Outlet (GO) Upgraded from Neutral to Buy at BofA Securities; PT USD 15 NICE (NICE) Upgraded from Perform to Outperform at Oppenheimer; PT USD 150 Pinnacle Financial Partners (PNFP) Upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 118 Target (TGT) Upgraded from Hold to Buy at HSBC; PT USD 190 DOWNGRADES Ally Financial (ALLY) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 42 ARX (ARX) Downgraded from Buy to Hold at TD Cowen; PT USD 20.25 BankUnited (BKU) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 47 BOK Financial (BOKF) Downgraded from Equal Weight to Underweight at Wells Fargo; PT USD 135 Dow (DOW) Downgraded from Buy to Neutral at Citi; PT USD 30 Fair Isaac (FICO) Downgraded from Buy to Neutral at BofA Securities; PT USD 700 LyondellBasell (LYB) Downgraded from Buy to Neutral at Citi; PT USD 63 Mobileye (MBLY) Downgraded from Overweight to Equalweight at Barclays; PT USD 9 Moderna (MRNA) Downgraded from Neutral to Sell at Citi; PT USD 80 SoundThinking (SSTI) Downgraded from Buy to Neutral at Roth/MKM; PT USD 9 INITIATIONS Alto Ingredients (ALTO) Initiated at Buy at StoneX; PT USD 7 Arista Networks (ANET) Initiated at Outperform at Bernstein SocGen Group; PT USD 250 Amphenol (APH) Initiated at Outperform at Wolfe Research; PT USD 105 Ciena (CIEN) Initiated at Outperform at Bernstein SocGen Group; PT USD 440 Celestica (CLS) Initiated at Outperform at Bernstein SocGen Group; PT USD 520 Coherent (COHR) Initiated at Outperform at Bernstein SocGen Group; PT USD 350 CoreWeave (CRWV) Initiated at Outperform at William Blair Cisco (CSCO) Initiated at Market Perform at Bernstein SocGen Group; PT USD 110 Cavco Industries (CVCO) Initiated at Outperform at Oppenheimer; PT USD 720 Expeditors International (EXPD) Initiated at Neutral at BNP Paribas Exane; PT USD 180 FormFactor (FORM) Initiated at Buy at Deutsche Bank; PT USD 200 Corning (GLW) Initiated at Market Perform at Bernstein SocGen Group; PT USD 140 Jazz Pharmaceuticals (JAZZ) Initiated at Buy at Citi; PT USD 325 Kiniksa Pharmaceuticals (KNSA) Initiated at Overweight at Wells Fargo; PT USD 87 Lumentum (LITE) Initiated at Outperform at Bernstein SocGen Group; PT USD 1,220 NBIS (NBIS) Initiated at Outperform at William Blair Nuvation Bio (NUVB) Initiated at Buy at Citi; PT USD 12 Pasqal Holding (PSQL) Initiated at Buy at Needham; PT USD 16 Rezolute (RZLT) Initiated at Buy at Lake Street; PT USD 9 Skyline Champion (SKY) Initiated at Perform at Oppenheimer Sutro Biopharma (STRO) Initiated at Overweight at Wells Fargo; PT USD 49 Third Coast Bancshares (TCBX) Initiated at Neutral at Brean Capital; PT USD 47 First Tracks Biotherapeutics (TRAX) Initiated at Buy at Canaccord; PT USD 50 UFP Industries (UFPI) Initiated at Perform at Oppenheimer Xencor (XNCR) Initiated at Overweight at Wells Fargo; PT USD 55 Zentalis Pharmaceuticals (ZNTL) Initiated at Equal Weight at Wells Fargo; PT USD 5