US BROKER MOVES: TGT upgraded at Bernstein and Telsey; LZ downgraded at Barclays

UPGRADES American Electric Power (AEP) upgraded from Neutral to Buy at Ladenburg Thalmann; PT USD 148 Cementos Pacasmayo (CPAC) upgraded from Underweight to Neutral at JPMorgan; PT USD 13 (from USD 7.50) Dow (DOW) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 38 LyondellBasell (LYB) upgraded from Sector Weight to Overweight at KeyBanc; PT USD 73 Intellia Therapeutics (NTLA) upgraded from Hold to Buy at Jones Trading; PT USD 29 Piper Sandler (PIPR) upgraded from Market Perform to Outperform at Northland Ross Stores (ROST) upgraded from Market Perform to Outperform at Telsey; PT USD 240 (from USD 220) Southern Co (SO) upgraded from Underweight to Sector Weight at KeyBanc Sempra Energy (SRE) upgraded from Hold to Buy at Argus Target (TGT) upgraded from Market Perform to Outperform at Telsey; PT USD 145 (from USD 110) Target (TGT) upgraded from Underperform to Market Perform at Bernstein; PT USD 116 (from USD 91) Asbury Automotive Group (ABG) initiated at Buy at BofA Securities; PT USD 255 DOWNGRADES Avient (AVNT) downgraded from Overweight to Sector Weight at KeyBanc CME Group (CME) downgraded from Buy to Hold at Argus Cooper Companies (COO) downgraded from Buy to Neutral at Rothschild Redburn; PT USD 85 (from USD 92) Alpha Tau Medical (DRTS) downgraded from Overweight to Neutral at Piper Sandler; PT USD 5 First Solar (FSLR) downgraded from Buy to Hold at GLJ Research GitLab (GTLB) downgraded from Overweight to Neutral at Piper Sandler; PT USD 28 (from USD 55) GXO Logistics (GXO) downgraded from Buy to Neutral at Goldman Sachs; PT USD 68 Iterum Therapeutics (ITRM) downgraded from Buy to Hold at Maxim Group LegalZoom (LZ) downgraded from Equalweight to Underweight at Barclays; PT USD 6 (from USD 9) Select Medical (SEM) downgraded from Buy to Hold at Benchmark Select Medical (SEM) downgraded from Buy to Hold at Deutsche Bank; PT USD 16.50 (from USD 16.20) Stabilis Solutions (SLNG) downgraded from Buy to Hold at Maxim Group Theravance Biopharma (TBPH) downgraded from Buy to Neutral at B. Riley; PT USD 14 (from USD 28) Vulcan Materials (VMC) downgraded from Overweight to Neutral at JPMorgan; PT USD 320 (from USD 335) WEBTOON Entertainment (WBTN) downgraded from Buy to Hold at HSBC; PT USD 11.50 INITIATIONS Adient (ADNT) initiated at Underperform at BofA Securities; PT USD 22 Aptiv (APTV) initiated at Buy at BofA Securities; PT USD 95 BorgWarner (BWA) initiated at Neutral at BofA Securities; PT USD 60 Chimerix (CHYM) initiated at Overweight at KeyBanc; PT USD 30 Dauch Corp. (DCH) initiated at Neutral at BofA Securities; PT USD 10 Ford Motor (F) initiated at Buy at BofA Securities; PT USD 17 General Motors (GM) initiated at Buy at BofA Securities; PT USD 105 Group 1 Automotive (GPI) initiated at Buy at BofA Securities; PT USD 430 Inhibikase Therapeutics (IKT) initiated at Buy at Ladenburg Thalmann; PT USD 4 Lithia Motors (LAD) initiated at Neutral at BofA Securities; PT USD 335 Lucid Group (LCID) initiated at Underperform at BofA Securities; PT USD 10 Lear (LEA) initiated at Neutral at BofA Securities; PT USD 137 Magna International (MGA) initiated at Buy at BofA Securities; PT USD 80 Roblox (RBLX) initiated at Neutral at DA Davidson; PT USD 65 Rivian Automotive (RIVN) initiated at Underperform at BofA Securities; PT USD 14 Sonic Automotive (SAH) initiated at Neutral at BofA Securities; PT USD 76 SPX Technologies (SPXC) initiated at Overweight at JPMorgan; PT USD 260 Protara Therapeutics (TARA) initiated at Overweight at JPMorgan; PT USD 27 Protara Therapeutics (TARA) initiated at Overweight at JPMorgan; PT USD 27 Terex (TEX) initiated at Neutral at JPMorgan; PT USD 76 Tesla (TSLA) initiated at Buy at BofA Securities; PT USD 460