US BROKER MOVES: QCOM upgraded at Morgan Stanley, AFRM downgraded

UPGRADES Xylem (XYL) Upgraded from Hold to Buy at Jefferies; PT USD 140 (prev USD 130) Workday (WDAY) Upgraded from Neutral to Buy at Monness Crespi Hardt; PT USD 150 UWM Holdings (UWMC) Upgraded from Market Perform to Outperform at Keefe, Bruyette & Woods; PT USD 3.75 (prev USD 4.50) Qualcomm (QCOM) Upgraded from Underweight to Equalweight at Morgan Stanley; PT USD 231 (prev USD 146) Primoris Services (PRIM) Upgraded from Sell to Neutral at Goldman Sachs; PT USD 102 (prev USD 107) Keurig Dr Pepper (KDP) Upgraded from Equalweight to Overweight at Barclays; PT USD 36 (prev USD 30) ICON plc (ICLR) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 185 (prev USD 126) Canadian National Railway (CNI) Upgraded from In Line to Outperform at Evercore ISI; PT USD 124 (prev USD 108) DOWNGRADES Tripadvisor (TRIP) Downgraded from Outperform to Neutral at ICBC International; PT USD 47.90 PVH Corp (PVH) Downgraded from Neutral to Underperform at BofA Securities; PT USD 70 (prev USD 90) Identiv (INVE) Downgraded from Buy to Hold at Lake Street; PT USD 4 (prev USD 6) Identiv (INVE) Downgraded from Buy to Hold at Craig-Hallum; PT USD 3.10 Brown-Forman (BF-B) Downgraded from Overweight to Equalweight at Barclays; PT USD 27 Ares Commercial Real Estate (ARI) Downgraded from Buy to Neutral at BTIG Affirm Holdings (AFRM) Downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 79 INITIATIONS Omitted: BRUN, MLCI, VELO (not 100% confident on company identification). VICI Properties (VICI) Initiated Sector Perform at RBC Capital; PT USD 29 Oklo (OKLO) Initiated Neutral at Guggenheim Landmark Bancorp (LARK) Initiated Neutral at Brean Capital; PT USD 33.50 Intel (INTC) Initiated Neutral at Goldman Sachs; PT USD 150 JFrog (FROG) Initiated Buy at Benchmark; PT USD 100 Exelixis (EXEL) Initiated Hold at Truist Securities; PT USD 54 Blue Bird Corporation (BLBD) Initiated Buy at Roth; PT USD 94 Alpha & Omega Semiconductor (AOSL) Initiated Buy at Lake Street; PT USD 58 Enact Holdings (ACT) Initiated Sector Perform at RBC Capital; PT USD 46