US BROKER MOVES: AMD upgraded at Citi; ADBE sees multiple downgrades after earnings

UPGRADES Advanced Micro Devices (AMD) Upgraded to Buy at Citi; PT USD 575 (prev. USD 460) EPR Properties (EPR) Upgraded to Market Outperform at Citizens; PT USD 70 Kratos Defense & Security Solutions (KTOS) Upgraded to Overweight at JPMorgan; PT USD 82 (prev. USD 99) MarketAxess (MKTX) Upgraded to Neutral at BofA Securities; PT USD 170 DOWNGRADES Adobe (ADBE) Downgraded to Peerperform at Wolfe Research Adobe (ADBE) Downgraded to In Line at Evercore ISI; PT USD 225 (prev. USD 325) Adobe (ADBE) Downgraded to Hold at Stifel; PT USD 200 (prev. USD 350) Ares Capital (ARCC) Downgraded to Equal Weight at Wells Fargo; PT USD 19 (prev. USD 20) Broadstone Net Lease (BNL) Downgraded to Market Perform at Citizens Travelers (TRV) Downgraded to Underweight at Barclays INITIATIONS Arrow Financial (AROW) Initiated at New Overweight at Piper Sandler; PT USD 43 Avtx (AVTX) Initiated at New Buy at BofA Securities; PT USD 35 Cass Information Systems (CASS) Initiated at New Neutral at Piper Sandler; PT USD 52 Coca-Cola Europacific Partners (CCEP) Initiated at New Overweight at Wells Fargo; PT USD 110 Coeur Mining (CDE) Initiated at New Buy at Societe Generale; PT USD 27.50 Coherent (COHR) Initiated at New Buy at CMB International Securities; PT USD 465 Core Scientific (CORZ) Initiated at New Buy at Lucid Capital Markets; PT USD 40 Fulton Financial (FULT) Initiated at New Neutral at Piper Sandler; PT USD 23 Hancock Whitney (HWC) Initiated at New Market Perform at Hovde Group Lumentum Holdings (LITE) Initiated at New Buy at CMB International Securities; PT USD 1,070 Lantronix (LTRX) Initiated at New Buy at Needham; PT USD 11 ONE Gas (OGS) Initiated at New Buy at BTIG; PT USD 93 Williams-Sonoma (WSM) Initiated at New Buy at BofA Securities; PT USD 250 Full Truck Alliance (YMM) Initiated at New Buy at Nomura/Instinet