US BROKER MOVES: TSLA upgraded at UBS; Piper downgrades enterprise software

UPGRADES Biogen (BIIB) Upgraded to Overweight at Piper Sandler; PT USD 214 Birkenstock (BIRK) Upgraded to Buy at Seaport Global Securities; PT USD 52 Crocs (CROX) Upgraded to Buy at Seaport Global Securities; PT USD 135 Eastman Chemical (EMN) Upgraded to Overweight at JPMorgan; PT USD 80 Ford (F) Upgraded to Buy at UBS; PT USD 15 Tesla (TSLA) Upgraded to Neutral at UBS; PT USD 352 VF Corp (VFC) Upgraded to Buy at Seaport Global Securities; PT USD 24 Viking Holdings (VIK) Upgraded to Buy at Rothschild & Co Redburn; PT USD 72 DOWNGRADES Asana (ASAN) Downgraded to Neutral at Piper Sandler; PT USD 7 GE Vernova (GEV) Downgraded to Sell at Punto Casa de Bolsa; PT USD 839 GrafTech (EAF) Downgraded to Underweight at JPMorgan Innoviz Technologies (INVZ) Downgraded to Neutral at Goldman; PT 75 cents Monday.com (MNDY) Downgraded to Neutral at Piper Sandler; PT USD 85 NOV Inc. (NOV) Downgraded to Sector Perform at RBC; PT USD 21 Omega Healthcare (OHI) Downgraded to Underperform at BofA; PT USD 46 Qiagen (QGEN) Downgraded to Equal-Weight at Barclays; PT USD 44 Revvity (RVTY) Downgraded to Equal-Weight at Barclays; PT USD 95 Solstice Advanced Materials (SOLS) Downgraded to Neutral at UBS; PT USD 87 INITIATIONS Adagio Medical (ADGM) Initiated at New Overweight at Piper Sandler; PT USD 3 Adtran Holdings (ADTN) Initiated at New Outperform at Evercore ISI; PT USD 18 BellRing Brands (BRBR) Initiated at New Neutral at BTIG CAMP4 Therapeutics (CAMP) Initiated at New Buy at Rodman & Renshaw; PT USD 7 Campbell's (CPB) Initiated at New Neutral at BTIG Carrier Global (CARR) Initiated at New Neutral at BNP Paribas; PT USD 62 Charles River (CRL) Reinstated Outperform at RBC; PT USD 215 Conagra (CAG) Initiated at New Neutral at BTIG Equillium (EQ) Initiated at New Strong Buy at Raymond James; PT USD 6 FormFactor (FORM) Initiated at New Buy at GF Securities; PT USD 191 General Mills (GIS) Initiated at New Neutral at BTIG Hershey (HSY) Initiated at New Neutral at BTIG Infleqtion (INFQ) Initiated at New Buy at Citi; PT USD 20 J M Smucker (SJM) Initiated at New Buy at BTIG; PT USD 120 Janus Living (JAN) Initiated at New Outperform at BNP Paribas; PT USD 27 Janus Living (JAN) Initiated at New Sector Outperform at Scotiabank; PT USD 28 Janus Living (JAN) Initiated at New Overweight at Wells Fargo; PT USD 27 Janus Living (JAN) Initiated at New Overweight at Barclays; PT USD 26 Janus Living (JAN) Initiated at New Overweight at Morgan Stanley; PT USD 28 Janus Living (JAN) Initiated at New Outperform at RBC; PT USD 27 Janus Living (JAN) Initiated at New Overweight at JPMorgan; PT USD 26 Janus Living (JAN) Initiated at New Overweight at KeyBanc; PT USD 28 Johnson Controls (JCI) Initiated at New Underperform at BNP Paribas; PT USD 120 Kraft Heinz (KHC) Initiated at New Neutral at BTIG Lennox (LII) Initiated at New Neutral at BNP Paribas; PT USD 535 McCormick (MKC) Initiated at New Neutral at BTIG Merlin (MRLN) Initiated at New Buy at Roth Capital Partners; PT USD 15 Mondelez (MDLZ) Initiated at New Buy at BTIG; PT USD 70 Natera (NTRA) Initiated at New Outperform at William Blair Netskope (NTSK) Initiated at New Buy at Rosenblatt Securities Inc Nubank (NU) Initiated at New Outperform at CICC; PT USD 18 Omada Health (OMDA) Initiated at New Market Outperform at Citizens; PT USD 18 Post Holdings (POST) Initiated at New Neutral at BTIG Relay Therapeutics (RLAY) Initiated at New Hold at Jones; PT USD 18 Sandisk (SNDK) Initiated at New Outperform at Evercore ISI Simply Good Foods (SMPL) Initiated at New Neutral at BTIG Spyre Therapeutics Inc (SYRE) Initiated at New Strong Buy at Raymond James Tectonic Therapeutic (TECX) Initiated at New Buy at Stifel; PT USD 75 Trane Technologies (TT) Initiated at New Outperform at BNP Paribas; PT USD 550 Utz Brands (UTZ) Initiated at New Buy at BTIG; PT USD 10 Versigent (VGNT) Initiated at New Buy at TD Cowen; PT USD 47 Versigent (VGNT) Initiated at New Buy at UBS; PT USD 43 Vertiv Holdings (VRT) Initiated at New Outperform at BNP Paribas; PT USD 345