US BROKER MOVES: BETA upgraded at Jefferies; MAT downgraded at Citi and JPMorgan

UPGRADES

• BETA (BETA) upgraded from Hold to Buy at Jefferies; PT USD 30
• Clorox (CLX) upgraded from Underperform to Neutral at BNP Paribas Exane
• Monro (MNRO) upgraded from Perform to Outperform at Oppenheimer; PT USD 40
• ArcelorMittal (MT) upgraded from Hold to Buy at Jefferies; PT USD 73.20 (from USD 51.10)
• Radian Group (RDN) upgraded from Market Perform to Outperform at Keefe, Bruyette & Woods; PT USD 42 (from USD 41)
• Spotify (SPOT) upgraded from Accumulate to Buy at IndeRes; PT USD 595 (from USD 590)
• Trade Desk (TTD) upgraded from Sell to Neutral at Edgewater Research
• Tyler Technologies (TYL) upgraded from Neutral to Buy at DA Davidson; PT USD 460 (from USD 510)

DOWNGRADES

• Mattel (MAT) downgraded from Buy to Neutral at Citi; PT USD 16 (from USD 25)
• Mattel (MAT) downgraded from Neutral to Underweight at JPMorgan; PT USD 14 (from USD 23)
• Norwegian Cruise Line (NCLH) downgraded from Overweight to Equalweight at Barclays; PT USD 23
• Noble Corp. (NE) downgraded from Buy to Hold at Fearnley; PT USD 38
• Qualcomm (QCOM) downgraded from Outperform to Neutral at Daiwa Securities; PT USD 140
• Rapid7 (RPD) downgraded from Buy to Hold at Canaccord Genuity; PT USD 10 (from USD 27)
• Saia (SAIA) downgraded from Positive to Neutral at Susquehanna; PT USD 425
• Seadrill (SDRL) downgraded from Buy to Hold at Fearnley; PT USD 43
• NuScale Power (SMR) downgraded from Buy to Hold at TD Cowen
• Millicom (TIGO) downgraded from Sector Perform to Sector Underperform at Scotiabank; PT USD 43
• Trex (TREX) downgraded from Buy to Hold at Benchmark
• Webster Financial (WBS) downgraded from Outperform to Market Perform at Raymond James
• XPO Logistics (XPO) downgraded from Positive to Neutral at Susquehanna; PT USD 210

INITIATIONS

• Constellation Energy (CEG) initiated at Overweight at Barclays; PT USD 356
• Samsara (IOT) initiated at Buy at Goldman Sachs; PT USD 36
• McGrath RentCorp (MGRC) initiated at Overweight at Barclays; PT USD 140
• Prenetics (PRE) initiated at Buy at Roth/MKM; PT USD 36
• Energy Fuels (UUUU) initiated at Buy at Goldman Sachs; PT USD 30
• AtriCure (ATRC) downgraded from Overweight to Neutral at JPMorgan; PT USD 36 (from USD 48)
• Borr Drilling (BORR) downgraded from Buy to Hold at Fearnley; PT USD 5.60
• BP Plc (BP) downgraded from Hold to Sell at Melius
• Installed Building Products (IBP) downgraded from Buy to Hold at Benchmark