US BROKER MOVES: TSLA upgraded at JPM; WMT downgraded at Erste

UPGRADES AppLovin (APP) Upgraded from Neutral to Outperform at Edgewater Research Broadcom (AVGO) Upgraded to Buy at Erste Group; PT USD 418.91 KANZHUN (BZ) Upgraded from Market Perform to Outperform at Bernstein SocGen Group; PT USD 18.00 (prev. USD 16.50) Chipotle Mexican Grill (CMG) Upgraded from Neutral to Overweight at JPMorgan; PT USD 35.00 (prev. USD 38.00) FormFactor (FORM) Upgraded from In Line to Outperform at Evercore ISI; PT USD 155.00 Shutterstock (SSTK) Upgraded from Neutral to Buy at Citi; PT USD 7.00 Tesla (TSLA) Upgraded from Sell to Hold at Erste Group Tesla (TSLA) Upgraded from Underweight to Neutral at JPMorgan; PT USD 475.00 (prev. USD 145.00) Unity Software (U) Upgraded from Neutral to Outperform at Edgewater Research DOWNGRADES Cboe Global Markets (CBOE) Downgraded from Buy to Hold at Erste Group CME Group (CME) Downgraded from Buy to Hold at Erste Group CrowdStrike (CRWD) Downgraded from Buy to Hold at Berenberg; PT USD 720.00 (prev. USD 525.00) Fiserv (FISV) Downgraded from Neutral to Underperform at BNP Paribas Exane; PT USD 46.00 lululemon athletica (LULU) Downgraded from Buy to Neutral at BTIG lululemon athletica (LULU) Downgraded from Outperform to Underperform at BNP Paribas Exane; PT USD 88.00 Suncor Energy (SU) Downgraded from Buy to Neutral at Goldman Sachs; PT USD 72.00 Walmart (WMT) Downgraded from Buy to Hold at Erste Group INITIATIONS Airbnb (ABNB) Initiated with Outperform at CICC, PT USD 165/shr Armstrong World Industries (AWI) Initiated with Hold at Loop Capital Aurora Innovation (AUR) Initiated with Buy at Craig-Hallum, PT USD 18/shr Concentra Group (CON) Initiated with Buy at Goldman Sachs, PT USD 30/shr Coya Therapeutics (COYA) Initiated with Buy at Roth/MKM, PT USD 12/shr Cavco Industries (CVCO) Initiated with Buy at UBS, PT USD 700/shr Comfort Systems (FIX) Initiated with Buy at Erste Group Guardant Health (GH) Initiated with Buy at Goldman Sachs, PT USD 165/shr GRAIL (GRAL) Initiated with Neutral at Goldman Sachs, PT USD 60/shr KYIV (KYIV) Initiated with Equalweight at Morgan Stanley, PT USD 17/shr LifeStance Health (LFST) Initiated with Neutral at Goldman Sachs, PT USD 9/shr MasterBrand (MBC) Initiated with Hold at Loop Capital Natera (NTRA) Initiated with Neutral at Goldman Sachs, PT USD 245/shr Nvidia (NVDA) Initiated with Buy at China Renaissance Onto Innovation (ONTO) Initiated with Buy at Deutsche Bank, PT USD 350/shr Sotera Health (SHC) Initiated with Buy at Goldman Sachs, PT USD 20/shr Skyline Champion (SKY) Initiated with Buy at UBS, PT USD 93/shr Talphera (TLPH) Initiated with Buy at H.C. Wainwright