US BROEKR MOVES: GM upgraded at Wolfe; MDLZ downgraded at Rothschild & Redburn

UPGRADES ARM Holdings (ARM) ADRs Upgraded to Outperform at Raymond James; PT USD 166 BP (BP) ADRs Upgraded to Overweight at Morgan Stanley; PT USD 49.40 CVR Energy (CVI) Upgraded to Market Perform at Raymond James Enterprise Products (EPD) Upgraded to Overweight at Wells Fargo; PT USD 42 Four Corners Property (FCPT) Upgraded to Market Outperform at Citizens General Motors (GM) Upgraded to Outperform at Wolfe; PT USD 96 Kinetik (KNTK) Upgraded to Overweight at Wells Fargo; PT USD 52 Kosmos Energy (KOS) Upgraded to Buy at Johnson Rice; PT USD 4.25 Murphy Oil (MUR) Upgraded to Accumulate at Johnson Rice; PT USD 63 Oneok (OKE) Upgraded to Overweight at Wells Fargo; PT USD 100 Rezolute (RZLT) Upgraded to Outperform at Wedbush; PT USD 5 DOWNGRADES Alexandria Real Estate (ARE) Downgraded to Market Perform at BMO; PT USD 52 Crescent Energy Co (CRGY) Downgraded to Accumulate at Johnson Rice; PT USD 19 Mondelez (MDLZ) Downgraded to Neutral at Rothschild & Co Redburn; PT USD 55 W R Berkley Corp (WRB) Downgraded to Neutral at Janney Montgomery; PT USD 73 INITIATIONS Aptiv (APTV) Initiated at New Buy at President Capital Management; PT USD 82.50 AT&T (T) Initiated at New Buy at William O'Neil Byrna Technologies (BYRN) Initiated at New Buy at Texas Capital; PT USD 20 Esco Tech (ESE) Initiated at New Buy at Deutsche Bank; PT USD 350 Figma (FIG) Reinstated Market Perform at Oppenheimer Immix Biopharma (IMMX) Initiated at New Overweight at Morgan Stanley; PT USD 20 Mercantile Bank (MBWM) Initiated at New Equal-Weight at Stephens; PT USD 54 Payoneer Global (PAYO) Initiated at New Buy at BofA; PT USD 6 Rocket Cos. (RKT) Initiated at New Market Perform at Citizens Strata Critical Medical (SRTA) Initiated at New Buy at B Riley; PT USD 8 Vertiv Holdings (VRT) Initiated at New Buy at HSBC; PT USD 325 WaterBridge Infrastructure (WBI) Initiated at New Buy at William O'Neil