US BROKER MOVES: UFPI upgraded at BMO; RBLX downgraded at Piper Sandler

UPGRADES Cogent Communications (CCOI) upgraded to Overweight at JPMorgan; PT USD 22 Twist Bioscience (TWST) upgraded to Outperform at Leerink; PT USD 70 UFP Industries (UFPI) upgraded to Outperform at BMO; PT USD 108 DOWNGRADES Amgen (AMGN) downgraded to Hold at Erste Group Esperion Therapeutics (ESPR) downgraded to Hold at Needham Fabrinet (FN) downgraded to Equal-Weight at Fox Fermi (FRMI) downgraded to Neutral at UBS; PT USD 6 Global Business Travel Group (GBTG) downgraded to Neutral at BTIG Inspire Medical (INSP) downgraded to Neutral at BofA; PT USD 53 Inspire Medical (INSP) downgraded to Neutral at Piper James River Group (JRVR) downgraded to Market Perform at Citizens Lowe’s (LOW) downgraded to Neutral at BofA Pony AI (PONY) ADRs downgraded to Neutral at President Capital Management Repay Holdings (RPAY) downgraded to Equal-Weight at Stephens; PT USD 3.75 Roblox (RBLX) downgraded to Neutral at Piper Tractor Supply (TSCO) downgraded to Neutral at Piper; PT USD 36 Verizon (VZ) downgraded to Hold at Erste Group INITIATIONS AbCellera Biologics (ABCL) initiated at New Overweight at Cantor; PT USD 7 Aclaris Therapeutics (ACRS) reinstated at Buy at Guggenheim; PT USD 12 ACM Research (ACMR) initiated at New Buy at Seaport; PT USD 75 Applied Materials (AMAT) initiated at New Buy at Seaport Biomea Fusion (BMEA) initiated at New Market Outperform at Citizens; PT USD 9 Cambria Gold Mines (CAMB) initiated at New Speculative Buy at Canaccord Climb Bio (CLYM) initiated at New Buy at Chardan; PT USD 22 Energy Vault (NRGV) initiated at New Overweight at Cantor; PT USD 7 Lam Research (LRCX) initiated at New Buy at Seaport; PT USD 300 Sionna Therapeutics (SION) initiated at New Outperform at Wedbush; PT USD 53 Ultra Clean (UCTT) initiated at New Buy at UBS; PT USD 130