US BROKER MOVES: CSGP upgraded at Jefferies; WMT downgraded at HSBC

UPGRADES

• YETI Holdings (YETI) upgraded from Neutral to Buy at B Riley; PT USD 54
• Southern Co (SO) upgraded from Underweight to Equal-Weight at Wells Fargo; PT USD 96
• Southern Co (SO) upgraded from Neutral to Outperform at Mizuho Securities; PT USD 104
• Neptune Insurance (NP) upgraded from Underperform to Neutral at BofA; PT USD 23
• Healthcare Services (HCSG) upgraded from Market Perform to Outperform at William Blair
• Group 1 Automotive (GPI) upgraded from Neutral to Overweight at JPMorgan; PT USD 370
• Etsy (ETSY) upgraded from Equalweight to Overweight at Barclays
• CoStar (CSGP) upgraded from Hold to Buy at Jefferies; PT USD 67

DOWNGRADES

• Walmart (WMT) downgraded from Buy to Hold at HSBC; PT USD 131
• Teekay Tankers (TNK) downgraded from Buy to Hold at DNB Carnegie
• TechnipFMC (FTI) downgraded from Buy to Hold at HSBC; PT USD 62
• Reliance (RS) downgraded from Overweight to Neutral at JPMorgan; PT USD 330
• Reliance (RS) downgraded from Outperform to Market Perform at BMO; PT USD 320
• Molina (MOH) downgraded from Overweight to Equal-Weight at Wells Fargo; PT USD 141
• Mister Car Wash (MCW) downgraded from Outperform to Market Perform at Raymond James
• Coeur Mining (CDE) downgraded from Buy to Hold at Canaccord
• BorgWarner (BWA) downgraded from Neutral to Sell at UBS; PT USD 55
• Alight (ALIT) downgraded from Buy to Neutral at Citi; PT USD 1

INITIATIONS

• Terra Innovatum Global (NKLR) initiated at Buy at Canaccord; PT USD 10
• Satellogic (SATL) initiated at Overweight at Cantor; PT USD 7
• Pfizer (PFE) initiated at Underweight at Barclays
• Okyo Pharma (OKYO) initiated at Overweight at Piper Sandler; PT USD 7
• Merck & Co (MRK) initiated at Overweight at Barclays
• Gilead (GILD) initiated at Equal-Weight at Barclays
• General Electric Aerospace (GE) initiated at Overweight at Morgan Stanley; PT USD 425
• Eli Lilly (LLY) initiated at Overweight at Barclays
• Dauch Corp. (DCH) initiated at Buy at Jefferies; PT USD 10.35
• Bristol Myers (BMY) initiated at Overweight at Barclays
• Biogen (BIIB) initiated at Equal-Weight at Barclays
• Beam Therapeutics (BEAM) initiated at Buy at Canaccord; PT USD 74
• Affirm Holdings (AFRM) initiated at Neutral at Baird; PT USD 55
• AbbVie (ABBV) initiated at Overweight at Barclays