US BROKER MOVES: SNPS upgraded at HSBC; NKE downgraded at BofA

UPGRADES BP (BP) upgraded from Hold to Buy at HSBC; PT USD 51.30 (prev. USD 46.00) Fervo Energy (FRVO) upgraded from Peerperform to Outperform at Wolfe Research; PT USD 29.00 Humana (HUM) upgraded from Equal Weight to Overweight at Barclays; PT USD 515.00 (prev. USD 407.00) 3M (MMM) upgraded from Underperform to Market Perform at Bernstein SocGen Group; PT USD 171.00 (prev. USD 145.00) Synopsys (SNPS) upgraded from Hold to Buy at HSBC; PT USD 700.00 Stem (STEM) upgraded from Neutral to Buy at UBS; PT USD 7.00 DOWNGRDES Comcast (CMCSA) downgraded from Sector Weight to Underweight at KeyBanc; PT USD 18.00 Gulfport Energy (GPOR) downgraded from Buy to Hold at Jefferies; PT USD 180.00 (prev. USD 239.00) Nike (NKE) downgraded from Neutral to Underperform at BofA Securities; PT USD 30.00 (prev. USD 47.00) Restaurant Brands International (QSR) downgraded from Buy to Hold at Argus Twilio (TWLO) downgraded from Hold to Reduce at HSBC; PT USD 211.00 INITIATIONS Cardinal Infrastructure Group (CDNL) initiated Buy at Truist Securities; PT USD 40.00 CF Industries (CF) initiated Outperform at Bernstein SocGen Group; PT USD 162.00 Chemed (CHE) initiated Buy at UBS; PT USD 650.00 Comstock Resources (CRK) initiated Hold at Jefferies; PT USD 14.00 Entera Bio (ENTX) initiated Buy at Guggenheim; PT USD 11.00 Genius Sports (GENI) initiated Overweight at JPMorgan; PT USD 8.00 Ligand Pharmaceuticals (LGND) initiated Overweight at Barclays; PT USD 345.00 Merlin (MRLN) initiated Buy at Canaccord; PT USD 7.50 PDF Solutions (PDFS) initiated Buy at Needham; PT USD 60.00 Precigen (PGEN) initiated Buy at B. Riley; PT USD 12.00 Pursuit (PRSU) initiated Market Outperform at Citizens; PT USD 64.00 Seaport Therapeutics (SPTX) initiated Strong Buy at Raymond James; PT USD 46.00 TELA Bio (TELA) initiated Buy at Craig-Hallum; PT USD 2.00 Tower Semiconductor (TSEM) initiated Outperform at Mizuho; PT USD 300.00 Viking Holdings (VIK) initiated Buy at StoneX; PT USD 99.00 Wealthfront (WLTH) initiated Buy at Needham; PT USD 13.00