US Broker Moves: PANW upgraded at KeyBanc; AVGO downgraded at Rothschild Redburn

UPGRADES Asbury Automotive Group (ABG) Upgraded from Equal Weight to Overweight at Stephens Autodesk (ADSK) Upgraded from Hold to Buy at Loop Capital; PT USD 310 Kanzhun (BZ) Upgraded from Hold to Buy at 86Research; PT USD 17 Americold Realty Trust (COLD) Upgraded from Neutral to Overweight at Piper Sandler; PT USD 19 Dave Inc. (DAVE) Upgraded from Hold to Buy at Freedom Broker DT Midstream (DTM) Upgraded from Sell to Neutral at Goldman Sachs; PT USD 127 Ecolab (ECL) Upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 380 enGene Holdings (ENGN) Upgraded from Market Perform to Outperform at Leerink; PT USD 5 Installed Building Products (IBP) Upgraded from Hold to Buy at Deutsche Bank; PT USD 260 Newsmax (NMAX) Upgraded from Hold to Buy at Freedom Capital; PT USD 10 Palo Alto Networks (PANW) Upgraded from Sector Weight to Overweight at KeyBanc; PT USD 380 Steris (STE) Upgraded from Hold to Buy at Jefferies; PT USD 305 DOWNGRADES Applied Materials (AMAT) Downgraded from Buy to Hold at Summit Insights Alexandria Real Estate Equities (ARE) Downgraded from Neutral to Underperform at BofA Securities; PT USD 45 Broadcom (AVGO) Downgraded from Buy to Neutral at Rothschild Redburn; PT USD 398 Cognizant Technology Solutions (CTSH) Downgraded from Buy to Hold at Deutsche Bank; PT USD 66 Corteva (CTVA) Downgraded from Outperform to Perform at Oppenheimer Dream Finders Homes (DFH) Downgraded from Outperform to Neutral at Zelman & Associates Enovix (ENVX) Downgraded from Buy to Hold at Craig-Hallum; PT USD 2 Floor & Decor (FND) Downgraded from In Line to Underperform at Evercore ISI; PT USD 45 Hancock Whitney (HWC) Downgraded from Overweight to Neutral at Piper Sandler; PT USD 71.50 Kite Realty Group (KRG) Downgraded from Buy to Neutral at BofA Securities; PT USD 28 Lowe’s (LOW) Downgraded from Hold to Sell at Stifel; PT USD 190 National Health Investors (NHI) Downgraded from Buy to Underperform at BofA Securities; PT USD 67 NeuroPace (NPCE) Downgraded from Overweight to Neutral at JPMorgan NeuroPace (NPCE) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 9 NeuroPace (NPCE) Downgraded from Outperform to Market Perform at Leerink; PT USD 7 Netskope (NTSK) Downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 24 Nvidia (NVDA) Downgraded from Buy to Hold at GF Securities; PT USD 188 Trustmark (TRMK) Downgraded from Buy to Neutral at Brean Capital Tractor Supply (TSCO) Downgraded from Outperform to In Line at Evercore ISI; PT USD 38 YETI Holdings (YETI) Downgraded from Overweight to Neutral at Piper Sandler; PT USD 39 INITIATIONS Alector (ALEC) Initiated at Overweight at Wells Fargo; PT USD 7 Alkami Technology (ALKT) Initiated at Equal Weight at Stephens; PT USD 15 Popular Inc. (BPOP) Initiated at Market Perform at Hovde Group Denali Therapeutics (DNLI) Initiated at Overweight at Wells Fargo; PT USD 35 Fox Corporation (FOXA) Initiated at Overweight at Morgan Stanley; PT USD 90 Haemonetics (HAE) Initiated at Buy at Jefferies; PT USD 150 i3 Verticals (IIIV) Initiated at Equal Weight at Stephens; PT USD 23 Liquidia (LQDA) Initiated at Buy at H.C. Wainwright; PT USD 76 PAR Technology (PAR) Initiated at Equal Weight at Stephens; PT USD 25 Repay Holdings (RPAY) Initiated at Equal Weight at Stephens; PT USD 5 LendingTree (TREE) Initiated at Overweight at Stephens; PT USD 44 Ultra Clean Holdings (UCTT) Initiated at Equalweight at Barclays; PT USD 65 NCR Voyix (VYX) Initiated at Equal Weight at Stephens; PT USD 12