US BROKER MOVES: TWLO upgraded at Stifel; PEP downgraded at Citi

UPGRADES Cubesmart (CUBE) Upgraded to Overweight at Barclays; PT USD 46 (prev USD 45) Fox Corporation (FOXA) Upgraded to Buy at Rothschild Redburn; PT USD 71 (prev USD 48) Independent Bank (IBCP) Upgraded to Outperform at Hovde Group; PT USD 41 (prev USD 36) J.B. Hunt Transport Services (JBHT) Upgraded to Outperform at Bernstein SocGen Group; PT USD 329 (prev USD 192) Jackson Financial (JXN) Upgraded to Buy at Jefferies; PT USD 140 (prev USD 120) Melco Resorts & Entertainment (MLCO) Upgraded to Outperform at CLSA; PT USD 6 (prev USD 6.10) Seagate Technology (STX) Upgraded to Overweight at Wells Fargo; PT USD 1,100 (prev USD 900) Toll Brothers (TOL) Upgraded to Buy at Citi; PT USD 176 (prev USD 146) Twilio (TWLO) Upgraded to Buy at Stifel; PT USD 260 (prev USD 175) Weyerhaeuser (WY) Upgraded to Strong Buy at Raymond James; PT USD 30 DOWNGRADES CNO Financial Group (CNO) Downgraded to Hold at Jefferies; PT USD 55 (prev USD 53) Citizens Community Bancorp (CZWI) Downgraded to Market Perform at Hovde Group; PT USD 24 Lamar Advertising (LAMR) Downgraded to Neutral at Citi; PT USD 160 (prev USD 145) Liberty Latin America (LILAK) Downgraded to Neutral at Citi; PT USD 8 (prev USD 6.45) PepsiCo (PEP) Downgraded to Neutral at Citi; PT USD 145 (prev USD 170) Public Storage (PSA) Downgraded to Equalweight at Barclays; PT USD 349 Ryder System (R) Downgraded to Neutral at Citi; PT USD 280 (prev USD 276) Travelers (TRV) Downgraded to In Line at Evercore ISI; PT USD 329 (prev USD 321) INITIATIONS Amprius Technologies (AMPX) Initiated Buy at Jones Trading; PT USD 30 Alpha Metallurgical Resources (AMR) Initiated Neutral at UBS; PT USD 165 Digital Realty Trust (DLR) Initiated Buy at BTIG; PT USD 215 Equinix (EQIX) Initiated Buy at BTIG; PT USD 1,210 Houlihan Lokey (HLI) Initiated Buy at BofA Securities; PT USD 164 JPMorgan Chase (HONA) Initiated Neutral at JPMorgan; PT USD 255 IBM (IBM) Initiated Neutral at Susquehanna; PT USD 303 Parker-Hannifin (PH) Initiated Neutral at Edgewater Research Roper Technologies (ROP) Initiated Market Perform at BMO Capital; PT USD 393 Travelers (TRV) Initiated Buy at Truist Securities; PT USD 395 X4 Pharmaceuticals (XFOR) Initiated Overweight at Wells Fargo; PT USD 11