US BROKER MOVES: OKTA upgraded at Raymond James; FLUT double downgraded at Citi

UPGRADES

• Allogene (ALLO) Upgraded to Neutral at JPMorgan
• Blackstone Mortgage (BXMT) Upgraded to Overweight at JPMorgan; PT USD 21
• Bread Financial Holdings (BFH) US Upgraded to Equal-Weight at Morgan Stanley; PT USD 91
• DraftKings (DKNG) Upgraded to Outperform at Davy; PT USD 28.50
• Equitable Holdings (EQH) Upgraded to Strong Buy at Raymond James; PT USD 58
• Flywire (FLYW) Upgraded to Buy at BTIG; PT USD 17
• Hamilton Lane (HLNE) Upgraded to Overweight at JPMorgan; PT USD 166
• NextNav (NN) Upgraded to Outperform at Oppenheimer
• Okta (OKTA) Upgraded to Outperform at Raymond James; PT USD 85

DOWNGRADES

• FedeInitiated at Hermes (FHI) Downgraded to Underweight at JPMorgan; PT USD 56
• Flutter (FLUT) Downgraded to Sell at Citi; PT USD 92.34
• Gitlab (GTLB) Downgraded to Neutral at UBS; PT USD 24
• PayPal (PYPL) Downgraded to Neutral at Mizuho Securities
• Shift4 Payments (FOUR) Downgraded to Neutral at Seaport Global Securities
• SPS Commerce (SPSC) Downgraded to Neutral at Rothschild & Co Redburn; PT USD 60
• Two Harbors (TWO) Downgraded to Underweight at JPMorgan; PT USD 11

INITIATIONS

• Aclaris (ACRS) Initiated at New Outperform at Oppenheimer; PT USD 10
• Autoliv (ALV) Reinstated Buy at BofA
• CoreWeave (CRWV) Initiated at New Outperform at Wolfe; PT USD 150
• Dick's Sporting (DKS) Initiated at New Buy at BTIG; PT USD 300
• Diversified Energy (DEC) Initiated at New Overweight at Stephens; PT USD 24
• Eastern Bankshares (EBC) Initiated at New Overweight at Stephens; PT USD 24
• Equifax (EFX) Initiated at New Outperform at Mizuho Securities; PT USD 222
• Fair Isaac (FICO) Initiated at New Outperform at Mizuho Securities; PT USD 1,416
• Henry Schein (HSIC) Initiated at New Neutral at BTIG
• Independent Bank Corp (INDB) Initiated at New Overweight at Stephens; PT USD 88
• Kaiser Aluminum (KALU) Initiated at New Overweight at KeyBanc; PT USD 170
• Kalaris Therapeutics Inc (KLRS) Initiated at New Overweight at Morgan Stanley
• MDU Resources (MDU) Initiated at New Neutral at JPMorgan; PT USD 22
• MindWalk Holdings Corp (HYFT) Initiated at New Buy at Jones; PT USD 5
• New Era Energy & Digital (NUAI) Initiated at New Outperform at Northland
• New Era Energy & Digital (NUAI) Initiated at New Buy at Texas Capital
• Pfizer (PFE) Initiated at New Outperform at CICC; PT USD 33
• Pvt Bancorp America (PBAM) Initiated at New Buy at Janney Montgomery; PT USD 80
• TransUnion (TRU) Initiated at New Neutral at Mizuho Securities; PT USD 80
• Whitehawk Therapeutics I (WHWK) Initiated at New Market Outperform at Citizens