US BROKER MOVES: CL downgraded at TD Cowen; DOCU downgraded at BofA

UPGRADES

• 10X Genomics (TXG) Upgraded to Outperform at William Blair
• Highwoods (HIW) Upgraded to Equal-Weight at Morgan Stanley; PT USD 23
• Nubank (NU) Upgraded to Buy at XP Investimentos; PT USD 21
• Perimeter Solutions (PRM) Upgraded to Buy at UBS

DOWNGRADES

• Colgate-Palmolive (CL) Downgraded to Hold at TD Cowen; PT USD 85
• Docusign (DOCU) Downgraded to Underperform at BofA; PT USD 52
• Humacyte (HUMA) Downgraded to Speculative Buy at Benchmark; PT USD 1
• Lincoln Electric (LECO) Downgraded to Hold at Jefferies
• Phreesia (PHR) Downgraded to Neutral at Baird; PT USD 10
• Phreesia (PHR) Downgraded to Hold at Truist Secs; PT USD 11
• Phreesia (PHR) Downgraded to Neutral at Citi; PT USD 10
• Phreesia (PHR) Downgraded to Neutral at JPMorgan; PT USD 16
• Rockwell Automation (ROK) Downgraded to Hold at Jefferies
• Terns (TERN) Downgraded to Hold at Truist Secs; PT USD 53
• Vertiv Holdings (VRT) Downgraded to Hold at Jefferies

INITIATIONS

• American Tower (AMT) Reinstated Buy at Truist Secs; PT USD 205
• Arista Networks (ANET) Reinstated Buy at Truist Secs; PT USD 161
• Block (XYZ) Initiated at New Buy at Loop Capital; PT USD 75
• Bridger Aerospace Group (BAER) Initiated at New Buy at Stifel; PT USD 3.35
• Cantor Equity Partners II (CEPT) Initiated at New Buy at Benchmark; PT USD 16
• Cisco (CSCO) Reinstated Buy at Truist Secs; PT USD 94
• Corning (GLW) Initiated at New Hold at Truist Secs; PT USD 125
• Crown Castle (CCI) Reinstated Hold at Truist Secs; PT USD 90
• Dell Technologies (DELL) Initiated at New Hold at Truist Secs; PT USD 170
• Envoy Medical (COCH) Initiated at New Buy at HC Wainwright; PT USD 2.50
• Equity LifeStyle (ELS) Initiated at New Outperform at Mizuho Securities
• Fiserv (FISV) Reinstated Hold at Loop Capital; PT USD 62
• General Electric Aerospace (GE) Reinstated Neutral at Daiwa; PT USD 301
• HeartBeam (BEAT) Initiated at New Buy at B Riley; PT USD 4
• HP Enterprise (HPE) Initiated at New Buy at Truist Secs; PT USD 31
• Ingram Micro (INGM) Initiated at New Hold at Truist Secs; PT USD 25
• Jack Henry (JKHY) Initiated at New Buy at Loop Capital; PT USD 197
• Keysight (KEYS) Initiated at New Hold at Truist Secs; PT USD 310
• Mastercard (MA) Reinstated Buy at Loop Capital; PT USD 631
• MiniMed Group (MMED) Initiated at New Outperform at William Blair
• MiniMed Group (MMED) Initiated at New Buy at Goldman; PT USD 24
• MiniMed Group (MMED) Initiated at New Overweight at Barclays; PT USD 26
• MiniMed Group (MMED) Initiated at New Buy at BTIG; PT USD 25
• MiniMed Group (MMED) Initiated at New Outperform at Mizuho Securities; PT USD 21
• MiniMed Group (MMED) Initiated at New Overweight at Morgan Stanley; PT USD 19
• MiniMed Group (MMED) Initiated at New Buy at Citi; PT USD 23
• MiniMed Group (MMED) Initiated at New Overweight at Wells Fargo; PT USD 26
• MiniMed Group (MMED) Initiated at New Neutral at Piper Sandler; PT USD 16
• Motorola Solutions (MSI) Initiated at New Buy at Truist Secs; PT USD 540
• NiSource (NI) Reinstated Overweight at KeyBanc; PT USD 52
• Nvidia (NVDA) Initiated at New Add at Caitong Securities
• Paccar (PCAR) Reinstated Neutral at BNP Paribas; PT USD 126
• Passage Bio (PASG) Initiated at New Outperform at Oppenheimer
• PayPal (PYPL) Reinstated Hold at Loop Capital; PT USD 46
• SBA Comms (SBAC) Reinstated Hold at Truist Secs; PT USD 193
• Sun Communities (SUI) Initiated at New Outperform at Mizuho Securities
• Terex (TEX) Reinstated Overweight at Barclays; PT USD 65
• Toast (TOST) Initiated at New Hold at Loop Capital; PT USD 26
• Versant Media (VSNT) Initiated at New Buy at Seaport Global Securities; PT USD 45
• Versigent (VGNT-W) Initiated at New Sector Perform at RBC; PT USD 28
• Visa (V) Reinstated Buy at Loop Capital; PT USD 387