US BROKER MOVES: INTC upgraded at Northland; PTON downgraded at MS

UPGRADES Asbury Automotive Group (ABG) upgraded from Neutral to Buy at Seaport Global Securities; PT USD 300.00 Airbnb (ABNB) upgraded from Market Perform to Outperform at Raymond James; PT USD 200.00 Commerce Bancshares (CBSH) upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 76.00 (prev. USD 65.00) Cullen/Frost Bankers (CFR) upgraded from Underweight to Overweight at Morgan Stanley; PT USD 200.00 (prev. USD 141.00) C.H. Robinson Worldwide (CHRW) upgraded from Neutral to Buy at Citi; PT USD 185.00 (prev. USD 196.00) Costco Wholesale (COST) upgraded from Hold to Buy at Freedom Broker; PT USD 1,030.00 Cenovus Energy (CVE) upgraded from Neutral to Overweight at JPMorgan EchoStar (ECHO) upgraded from Neutral to Buy at UBS; PT USD 150.00 (prev. USD 127.00) Equifax (EFX) upgraded from Neutral to Outperform at BNP Paribas Exane Eaton (ETN) upgraded from Neutral to Buy at UBS; PT USD 515.00 (prev. USD 450.00) East West Bancorp (EWBC) upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 160.00 (prev. USD 131.00) FactSet Research Systems (FDS) upgraded from Market Perform to Outperform at William Blair Intel (INTC) upgraded from Market Perform to Outperform at Northland; PT USD 120.00 Lockheed Martin (LMT) upgraded from Neutral to Buy at UBS; PT USD 674.00 (prev. USD 581.00) Magnolia Oil & Gas (MGY) upgraded from Neutral to Overweight at JPMorgan; PT USD 33.00 M&T Bank (MTB) upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 304.00 (prev. USD 253.00) Old Dominion Freight Line (ODFL) upgraded from Neutral to Buy at Citi; PT USD 223.00 (prev. USD 231.00) Sea Ltd. (SE) upgraded from Neutral to Buy at Arete; PT USD 152.00 Sweetgreen (SG) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 9.00 Synopsys (SNPS) upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 500.00 Sensata Technologies (ST) upgraded from Equalweight to Overweight at Barclays; PT USD 55.00 DOWNGRADES Autoliv (ALV) downgraded from Buy to Hold at TD Cowen; PT USD 137.00 Amgen (AMGN) downgraded from Outperform to Market Perform at BMO Capital; PT USD 450.00 Best Buy (BBY) downgraded from Buy to Neutral at DA Davidson; PT USD 95.00 Biohaven (BHVN) downgraded from Outperform to Sector Perform at RBC Capital; PT USD 19.00 (prev. USD 23.00) Baidu (BIDU) downgraded from Buy to Neutral at Arete; PT USD 108.00 BioNTech (BNTX) downgraded from Outperform to Market Perform at BMO Capital; PT USD 105.00 (prev. USD 128.00) Customers Bancorp (CUBI) downgraded from Equalweight to Underweight at Morgan Stanley; PT USD 89.00 (prev. USD 88.00) Doximity (DOCS) downgraded from Buy to Hold at Freedom Capital; PT USD 27.00 (prev. USD 24.00) eGain Inc. (EGAN) downgraded from Buy to Neutral at Roth; PT USD 7.00 (prev. USD 21.00) Essex Property Trust (ESS) downgraded from Outperform to Neutral at Mizuho; PT USD 295.00 JD.com (JD) downgraded from Buy to Neutral at Arete; PT USD 30.00 L3Harris Technologies (LHX) downgraded from Buy to Hold at Melius Bank OZK (OZK) downgraded from Equalweight to Underweight at Morgan Stanley; PT USD 56.00 Prosperity Bancshares (PB) downgraded from Equalweight to Underweight at Morgan Stanley; PT USD 80.00 PDD Holdings (PDD) downgraded from Buy to Neutral at Arete; PT USD 93.00 Phreesia (PHR) downgraded from Outperform to Market Perform at Raymond James Peloton Interactive (PTON) downgraded from Equalweight to Underweight at Morgan Stanley; PT USD 4.50 (prev. USD 5.00) Simmons First National (SFNC) downgraded from Equalweight to Underweight at Morgan Stanley; PT USD 26.00 (prev. USD 24.00) Smith & Nephew (SNN) downgraded from Buy to Neutral at BofA Securities; PT USD 31.00 Zions Bancorporation (ZION) downgraded from Overweight to Underweight at Morgan Stanley; PT USD 77.00 INITIATIONS Ametek (AME) initiated Buy at Vertical Research Partners; PT USD 255.00 Andersen Group (ANDG) initiated Market Perform at BMO Capital; PT USD 58.00 Adlai Nortye (ANL) initiated Buy at Lucid Capital Markets; PT USD 49.00 Arrowhead Pharmaceuticals (ARWR) initiated Buy at Citi; PT USD 108.00 Bit Digital (BTBT) initiated Buy at H.C. Wainwright; PT USD 4.00 Circle Internet Group (CRCL) initiated Market Perform at Keefe, Bruyette & Woods; PT USD 105.00 Evolv Technologies (EVLV) initiated Buy at Ladenburg Thalmann; PT USD 8.00 FedEx Freight (FDXF) initiated Overweight at JPMorgan; PT USD 160.00 First Horizon (FHN) initiated Equalweight at Morgan Stanley; PT USD 30.00 Londian Wason New Energy Tech (FOIL) initiated Overweight at Cantor Fitzgerald; PT USD 31.00 Guardant Health (GH) initiated Buy at Rothschild Redburn; PT USD 203.00 Corning (GLW) initiated Buy at China Renaissance; PT USD 238.00 Hawaiian Electric Industries (HE) initiated Sell at Ladenburg Thalmann; PT USD 7.00 Home BancShares (HOMB) initiated Outperform at Hovde Group; PT USD 34.00 IDEX (IEX) initiated Buy at Vertical Research Partners; PT USD 250.00 JBT Marel (JBTM) initiated Overweight at Barclays; PT USD 150.00 Liftoff (LFTO) initiated Neutral at Cannonball Research; PT USD 20.50 Marsh McLennan (MRSH) initiated Buy at Erste Group Northrim BanCorp (NRIM) initiated Outperform at Hovde Group; PT USD 30.00 Natera (NTRA) initiated Buy at Rothschild Redburn; PT USD 385.00 Ormat Technologies (ORA) initiated Strong Buy (1) at Presidents Capital Management; PT USD 129.00 UiPath (PATH) initiated Buy at Citi; PT USD 23.00 PDF Solutions (PDFS) initiated Overweight at Morgan Stanley; PT USD 62.00 Pinnacle Financial Partners (PNFP) initiated Overweight at Morgan Stanley; PT USD 137.00 Securitize (SECZ) initiated Buy at Needham; PT USD 11.00 Shake Shack (SHAK) initiated Outperform at RBC Capital; PT USD 89.00 SpaceX (SPCX) initiated Buy at Pivotal Research; PT USD 220.00 Tempus AI (TEM) initiated Neutral at Rothschild Redburn; PT USD 67.00 Willis Lease Finance (WLFC) initiated Buy at Deutsche Bank; PT USD 80.00 TeraWulf (WULF) initiated Buy at Freedom Capital; PT USD 19.00