US BROKER MOVES: DLTR upgraded at Raymond James and Goldman Sachs; AA downgraded at Morgan Stanley

UPGRADES Commercial Metals (CMC) Upgraded to Outperform at BNP Paribas Exane; PT USD 75 Dollar Tree (DLTR) Upgraded to Outperform at Raymond James; PT USD 140 Dollar Tree (DLTR) Upgraded to Neutral at Goldman Sachs; PT USD 125 Old Dominion Freight Line (ODFL) Upgraded to Overweight at Wells Fargo; PT USD 250 (prev USD 235) Occidental Petroleum (OXY) Upgraded to Outperform at Evercore ISI; PT USD 65 PROG Holdings (PRG) Upgraded to Buy at Jefferies; PT USD 60 (prev USD 33) RH (RH) Upgraded to Neutral at Goldman Sachs; PT USD 155 Sabra Health Care REIT (SBRA) Upgraded to Buy at Truist Securities Tvardi Therapeutics (TVRD) Upgraded to Outperform at Raymond James; PT USD 10 Ultrapar Participações (UGP) Upgraded to Buy at BofA Securities; PT USD 7.40 DOWNGRADES Alcoa (AA) Downgraded to Equalweight at Morgan Stanley; PT USD 53 (prev USD 79) Bath & Body Works (BBWI) Downgraded to Sell at Goldman Sachs; PT USD 19 Cincinnati Financial (CINF) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 201 Crinetics Pharmaceuticals (CRNX) Downgraded to In Line at Evercore ISI; PT USD 85 (prev USD 88) Community Health Systems (CYH) Downgraded to Underweight at Barclays; PT USD 3 Globant (GLOB) Downgraded to Market Perform at Itaú BBA; PT USD 39 HCA Healthcare (HCA) Downgraded to Equalweight at Barclays; PT USD 427 Lemonade (LMND) Downgraded to Equalweight at Morgan Stanley; PT USD 75 Northpointe Bancshares (NP) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 34 Ollie's Bargain Outlet (OLLI) Downgraded to Neutral at JPMorgan; PT USD 70 Truist Financial (TFC) Downgraded to Neutral at BofA Securities; PT USD 56 The Hanover Insurance Group (THG) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 220 Travelers (TRV) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 356 UDR (UDR) Downgraded to Hold at Truist Securities Universal Health Services (UHS) Downgraded to Equalweight at Barclays; PT USD 179 Vale (VALE) Downgraded to Equalweight at Morgan Stanley; PT USD 16.50 (prev USD 19.50) INITIATIONS Affirm (AFRM) Initiated Overweight at Barclays; PT USD 97 Allegiant Travel (ALGT) Initiated Overweight at Barclays; PT USD 145 BBOT Initiated Overweight at JPMorgan; PT USD 27 Baker Hughes (BKR) Initiated Outperform at Wolfe Research; PT USD 70 EyePoint Pharmaceuticals (EYPT) Initiated Overweight at Cantor Fitzgerald Federal Realty Investment Trust (FRT) Initiated Outperform at Wolfe Research; PT USD 143 FTW Initiated Buy at BTIG; PT USD 15 Six Flags Entertainment (FUN) Initiated Neutral at Northcoast Granite Ridge Resources (GRNT) Initiated Outperform at Northland; PT USD 9 Halliburton (HAL) Initiated Peerperform at Wolfe Research Honeywell (HONA) Initiated Equalweight at Morgan Stanley; PT USD 255 Immuneering (IMRX) Initiated Overweight at Cantor Fitzgerald MBGL Initiated Overweight at Wells Fargo; PT USD 27 PMV Pharmaceuticals (PMVP) Initiated Buy at Ladenburg Thalmann; PT USD 3 Six Flags Entertainment (PRKS) Initiated Neutral at Northcoast PS Initiated Buy at Jones Trading; PT USD 39 Relay Therapeutics (RLAY) Initiated Overweight at JPMorgan; PT USD 28 SailPoint (SAIL) Initiated Neutral at Rosenblatt; PT USD 16 SLB (SLB) Initiated Outperform at Wolfe Research; PT USD 62 Sensient Technologies (SXT) Initiated Neutral at Rothschild Redburn; PT USD 125 AT&T (T) Initiated Underweight at Wells Fargo; PT USD 18 T-Mobile US (TMUS) Initiated Equal Weight at Wells Fargo; PT USD 170 U.S. Bancorp (USB) Initiated Strong Buy at Raymond James; PT USD 72 Verizon (VZ) Initiated Equal Weight at Wells Fargo; PT USD 43 Wells Fargo (WFC) Initiated Market Perform at Raymond James Wynn Resorts (WYNN) Initiated Buy at Truist Securities; PT USD 125 Zura Bio (ZURA) Initiated Outperform at William Blair