US BROKER MOVES: ULTA upgraded at Wells Fargo; APTV downgraded at JPM

UPGRADES Adient (ADNT) Upgraded from Neutral to Overweight at JPMorgan; PT USD 25 agilon health (AGL) Upgraded from Market Perform to Outperform at Bernstein SocGen Group; PT USD 125 BKV (BKV) Upgraded from Neutral to Buy at Gerdes Energy Research; PT USD 29 Cardiff Oncology (CRDF) Upgraded from Neutral to Buy at H.C. Wainwright; PT USD 9 Etsy (ETSY) Upgraded from Perform to Outperform at Oppenheimer; PT USD 90 GSK (GSK) Upgraded from Hold to Buy at Berenberg; PT USD 60 Luckin Coffee (LKNCY) Upgraded from Neutral to Outperform at BNP Paribas Exane Eli Lilly (LLY) Upgraded from Hold to Buy at Berenberg; PT USD 1,400 Middleby (MIDD) Upgraded from Neutral to Overweight at JPMorgan; PT USD 147 New York Times (NYT) Upgraded from Neutral to Buy at Guggenheim; PT USD 82 Pentair (PNR) Upgraded from Peer Perform to Outperform at Wolfe Research; PT USD 91 Radiant Logistics (RLGT) Upgraded from Market Perform to Market Outperform at Citizens; PT USD 10 ResMed (RMD) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 262 SEI Investments (SEIC) Upgraded from Market Perform to Outperform at William Blair Gentherm (THRM) Upgraded from Neutral to Overweight at JPMorgan; PT USD 48 Ulta Beauty (ULTA) Upgraded from Underweight to Equal Weight at Wells Fargo; PT USD 525 DOWNGRADES Aptiv (APTV) Downgraded from Overweight to Neutral at JPMorgan; PT USD 56 Ascendis Pharma (ASND) Downgraded from Strong Buy to Outperform at Raymond James; PT USD 287 Cellectis (CLLS) Downgraded from Market Outperform to Market Perform at Citizens EHang (EH) Downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 5.30 Lear (LEA) Downgraded from Overweight to Neutral at JPMorgan; PT USD 150 Magna International (MGA) Downgraded from Overweight to Neutral at JPMorgan; PT USD 72 Rapid7 (RPD) Downgraded from Neutral to Underweight at JPMorgan; PT USD 12 Scholar Rock (SRRK) Downgraded from Overweight to Equalweight at Barclays; PT USD 58 U Power (UCAR) Downgraded from Buy to Hold at Maxim Group INITIATIONS AAON (AAON) Initiated at Buy at DA Davidson; PT USD 110 ASTH (ASTH) Initiated at Outperform at Oppenheimer; PT USD 53 Athea Pharma (ATHE) Initiated at Buy at Lake Street; PT USD 10 CenterPoint Energy (CNP) Initiated at Sector Perform at RBC Capital; PT USD 40 Core & Main (CNM) Initiated at Outperform at Wolfe Research; PT USD 63 Dave (DAVE) Initiated at Overweight at JPMorgan; PT USD 480 Healthpeak Properties (DOC) Initiated at Hold at Jefferies; PT USD 21 Evolution Metals & Technologies (EMAT) Initiated at Buy at Aletheia Capital; PT USD 4.50 Einride (ENRD) Initiated at Buy at Canaccord; PT USD 8 Fastenal (FAST) Initiated at Underperform at Wolfe Research; PT USD 51 Ferguson (FERG) Initiated at Peer Perform at Wolfe Research GFL Environmental (GFL) Initiated at Outperform at Wolfe Research; PT USD 77 W.W. Grainger (GWW) Initiated at Peer Perform at Wolfe Research Hayward (HAYW) Initiated at Peer Perform at Wolfe Research Healthcare Realty Trust (HR) Initiated at Hold at Jefferies; PT USD 20 iBio (IBIO) Initiated at Buy at B. Riley; PT USD 11 ITT (ITT) Initiated at Outperform at Wolfe Research; PT USD 272 JanOne (JAN) Initiated at Buy at Jefferies; PT USD 36 MSC Industrial Direct (MSM) Initiated at Peer Perform at Wolfe Research Nanobiotix (NBTX) Initiated at Buy at Guggenheim; PT USD 64 PPL (PPL) Initiated at Sector Perform at RBC Capital; PT USD 35 Hyperliquid Strategies (PURR) Initiated at Buy at Compass Point; PT USD 18 Republic Services (RSG) Initiated at Peer Perform at Wolfe Research SPX Technologies (SPXC) Initiated at Outperform at Wolfe Research; PT USD 250 Tecnoglass (TGLS) Initiated at Market Outperform at CJS Securities; PT USD 54 Veralto (VLTO) Initiated at Outperform at Wolfe Research; PT USD 125 Vishay Intertechnology (VSH) Initiated at Outperform at Oppenheimer; PT USD 42 Ventas (VTR) Initiated at Buy at Jefferies; PT USD 102 Waste Connections (WCN) Initiated at Outperform at Wolfe Research; PT USD 204 Welltower (WELL) Initiated at Buy at Jefferies; PT USD 275 Waste Management (WM) Initiated at Peer Perform at Wolfe Research Xylem (XYL) Initiated at Peer Perform at Wolfe Research