US BROKER MOVES: ETSY upgraded at Arete; CI downgraded at Deutsche Bank

UPGRADES C.H. Robinson (CHRW) Upgraded to Buy at Jefferies; PT USD 200 California Resources (CRC) Upgraded to Buy at Citi; PT USD 78 Centene (CNC) Upgraded to Buy at Deutsche Bank; PT USD 80 Elevance (ELV) Upgraded to Buy at Deutsche Bank; PT USD 498 Etsy (ETSY) Upgraded to Buy at Arete; PT USD 76 Humana (HUM) Upgraded to Buy at Deutsche Bank; PT USD 441 Ovintiv (OVV) Upgraded to Buy at Citi; PT USD 70 Packaging Corp. (PKG) Upgraded to Buy at UBS; PT USD 248 Relay Therapeutics (RLAY) Upgraded to Buy at Jones Rubrik (RBRK) Upgraded to Outperform at Oppenheimer; PT USD 85 SM Energy (SM) Upgraded to Outperform at Raymond James; PT USD 55 Ternium (TX) ADRs Upgraded to Outperform at Bradesco BBI; PT USD 62 Xponential (XPOF) Upgraded to Outperform at Northland; PT USD 8 Zegna Group (ZGN) Upgraded to Buy at TD Cowen; PT USD 15 DOWNGRADES Cigna (CI) Downgraded to Hold at Deutsche Bank; PT USD 302 Crown Castle (CCI) Downgraded to Peerperform at Wolfe Mister Car Wash (MCW) Downgraded to Dropped Coverage at Raymond James Newell Brands (NWL) Downgraded to Underweight at Morgan Stanley; PT USD 3.50 Northern Oil & Gas (NOG) Downgraded to Hold at Johnson Rice; PT USD 36 Phreesia (PHR) Downgraded to Equal-Weight at Wells Fargo; PT USD 9 INITIATIONS Archrock (AROC) Reinstated Buy at William O'Neil Casey's (CASY) Initiated at New Outperform at William Blair Driven Brands (DRVN) Reinstated Outperform at Baird; PT USD 18 Driven Brands (DRVN) Initiated at New Outperform at BMO; PT CUSD 17 Pinnacle Financial Partners (PNFP) Initiated at New Outperform at Baird Putnam New York Tax Exempt Income Fund (PEIBX) ProMIS Neurosciences Initiated at New Buy at Brookline Capital; PT USD 40 QuickLogic (QUIK) Initiated at New Buy at Needham; PT USD 22 SAB Biotherapeutics (SABS) Initiated at New Buy at Jefferies; PT USD 11 X-Energy (XE) Initiated at New Overweight at Cantor; PT USD 38