US BROKER MOVES: CRDO upgraded at Evercore ISI; Roth Capital upgrades group of E&P names

UPGRADES TEN Holdings (TENX) Initiated Buy at Chardan; PT USD 27 Spartan Capital (SPCX) Initiated Sector Weight at KeyBanc Linkage Global (NRCG) Initiated Market Outperform at Citizens; PT USD 23 NRC (NRC) Initiated Market Outperform at Citizens; PT USD 23 Luckin Coffee (LKNCY) Initiated Buy at Goldman Sachs; PT USD 49 Hut 8 (HUT) Initiated Buy at Lucid Capital Markets; PT USD 226 Global Payments (GPN) Initiated Equalweight at Morgan Stanley; PT USD 65 Estée Lauder (EL) Initiated Buy at Goldman Sachs; PT USD 100 EDAP TMS (EDAP) Initiated Buy at Lucid Capital Markets; PT USD 10 Darling Ingredients (DAR) Initiated Equalweight at Barclays; PT USD 58 Credo Technology (CRDO) Initiated Outperform at Evercore ISI; PT USD 325 China Natural Resources (CNXU) Initiated Buy at H.C. Wainwright; PT USD 20 China Telecom (CHA) Initiated Neutral at Goldman Sachs; PT USD 13.60 Boyd Gaming (BYD) Initiated Buy at Benchmark; PT USD 100 BILL Holdings (BILL) Initiated Buy at TD Cowen; PT USD 43 Biote (BBOT) Initiated Outperform at Oppenheimer; PT USD 22 ANL (ANL) Initiated Overweight at Cantor Fitzgerald Altimmune (ALT) Initiated Outperform at Leerink; PT USD 10 AG Mortgage Investment Trust (AGMB) Initiated Buy at H.C. Wainwright; PT USD 35 DOWNGRADES Western Digital (WDC) Downgraded to Equalweight at Fox Advisors TE Connectivity (TEL) Downgraded to In Line at Evercore ISI; PT USD 230 (prev USD 260) Seagate Technology (STX) Downgraded to Equalweight at Fox Advisors Melco Resorts (MLCO) Downgraded to Equalweight at Morgan Stanley; PT USD 6 (prev USD 6.30) Cleveland-Cliffs (CLF) Downgraded to Equalweight at Morgan Stanley; PT USD 12.50 Accenture (ACN) Downgraded to Hold at TD Cowen; PT USD 150 (prev USD 258) Apple (AAPL) Downgraded to Neutral at KGI Securities; PT USD 315 INITIATIONS Vistra Corp (VC) Initiated Overweight at JPMorgan; PT USD 165 (prev USD 108) Vistra Corp (VC) Initiated Overweight at Barclays; PT USD 145 (prev USD 115) Super Micro Computer (SMCI) Initiated Buy at GF Securities; PT USD 48 Smurfit Westrock (SM) Initiated Buy at Roth/MKM; PT USD 32 (prev USD 30) uniQure (QURE) Initiated Overweight at Barclays; PT USD 65 (prev USD 25) Permian Resources (PR) Initiated Buy at Roth/MKM; PT USD 23 (prev USD 22) Ovintiv (OVV) Initiated Overweight at Wells Fargo; PT USD 80 (prev USD 57) Matador Resources (MTDR) Initiated Buy at Roth/MKM; PT USD 65 Magnolia Oil & Gas (MGY) Initiated Buy at Roth/MKM; PT USD 31 Kimco Realty (KIM) Initiated Outperform at Wolfe Research; PT USD 28 Incyte (INCY) Initiated Market Perform at BMO Capital; PT USD 94 (prev USD 75) Diamondback Energy (FANG) Initiated Buy at Roth/MKM; PT USD 212 (prev USD 202) Enphase Energy (ENPH) Initiated Equalweight at Barclays; PT USD 51 (prev USD 30) ConocoPhillips (COP) Initiated Buy at Roth/MKM; PT USD 130 (prev USD 124) BWX Technologies (BWXT) Initiated Buy at Seaport Global Securities; PT USD 245 Blackstone Mortgage Trust (BWIN) Initiated Overweight at JPMorgan; PT USD 28 (prev USD 25) APA Corp (APA) Initiated Buy at Roth/MKM; PT USD 38 (prev USD 37)