US BROKER MOVES: TSLA upgraded at UBS; Piper downgrades enterprise software

UPGRADES

Biogen (BIIB) Upgraded to Overweight at Piper Sandler; PT USD 214
Birkenstock (BIRK) Upgraded to Buy at Seaport Global Securities; PT USD 52
Crocs (CROX) Upgraded to Buy at Seaport Global Securities; PT USD 135
Eastman Chemical (EMN) Upgraded to Overweight at JPMorgan; PT USD 80
Ford (F) Upgraded to Buy at UBS; PT USD 15
Tesla (TSLA) Upgraded to Neutral at UBS; PT USD 352
VF Corp (VFC) Upgraded to Buy at Seaport Global Securities; PT USD 24
Viking Holdings (VIK) Upgraded to Buy at Rothschild & Co Redburn; PT USD 72

DOWNGRADES

Asana (ASAN) Downgraded to Neutral at Piper Sandler; PT USD 7
GE Vernova (GEV) Downgraded to Sell at Punto Casa de Bolsa; PT USD 839
GrafTech (EAF) Downgraded to Underweight at JPMorgan
Innoviz Technologies (INVZ) Downgraded to Neutral at Goldman; PT 75 cents
Monday.com (MNDY) Downgraded to Neutral at Piper Sandler; PT USD 85
NOV Inc. (NOV) Downgraded to Sector Perform at RBC; PT USD 21
Omega Healthcare (OHI) Downgraded to Underperform at BofA; PT USD 46
Qiagen (QGEN) Downgraded to Equal-Weight at Barclays; PT USD 44
Revvity (RVTY) Downgraded to Equal-Weight at Barclays; PT USD 95
Solstice Advanced Materials (SOLS) Downgraded to Neutral at UBS; PT USD 87

INITIATIONS

Adagio Medical (ADGM) Initiated at New Overweight at Piper Sandler; PT USD 3
Adtran Holdings (ADTN) Initiated at New Outperform at Evercore ISI; PT USD 18
BellRing Brands (BRBR) Initiated at New Neutral at BTIG
CAMP4 Therapeutics (CAMP) Initiated at New Buy at Rodman & Renshaw; PT USD 7
Campbell's (CPB) Initiated at New Neutral at BTIG
Carrier Global (CARR) Initiated at New Neutral at BNP Paribas; PT USD 62
Charles River (CRL) Reinstated Outperform at RBC; PT USD 215
Conagra (CAG) Initiated at New Neutral at BTIG
Equillium (EQ) Initiated at New Strong Buy at Raymond James; PT USD 6
FormFactor (FORM) Initiated at New Buy at GF Securities; PT USD 191
General Mills (GIS) Initiated at New Neutral at BTIG
Hershey (HSY) Initiated at New Neutral at BTIG
Infleqtion (INFQ) Initiated at New Buy at Citi; PT USD 20
J M Smucker (SJM) Initiated at New Buy at BTIG; PT USD 120
Janus Living (JAN) Initiated at New Outperform at BNP Paribas; PT USD 27
Janus Living (JAN) Initiated at New Sector Outperform at Scotiabank; PT USD 28
Janus Living (JAN) Initiated at New Overweight at Wells Fargo; PT USD 27
Janus Living (JAN) Initiated at New Overweight at Barclays; PT USD 26
Janus Living (JAN) Initiated at New Overweight at Morgan Stanley; PT USD 28
Janus Living (JAN) Initiated at New Outperform at RBC; PT USD 27
Janus Living (JAN) Initiated at New Overweight at JPMorgan; PT USD 26
Janus Living (JAN) Initiated at New Overweight at KeyBanc; PT USD 28
Johnson Controls (JCI) Initiated at New Underperform at BNP Paribas; PT USD 120
Kraft Heinz (KHC) Initiated at New Neutral at BTIG
Lennox (LII) Initiated at New Neutral at BNP Paribas; PT USD 535
McCormick (MKC) Initiated at New Neutral at BTIG
Merlin (MRLN) Initiated at New Buy at Roth Capital Partners; PT USD 15
Mondelez (MDLZ) Initiated at New Buy at BTIG; PT USD 70
Natera (NTRA) Initiated at New Outperform at William Blair
Netskope (NTSK) Initiated at New Buy at Rosenblatt Securities Inc
Nubank (NU) Initiated at New Outperform at CICC; PT USD 18
Omada Health (OMDA) Initiated at New Market Outperform at Citizens; PT USD 18
Post Holdings (POST) Initiated at New Neutral at BTIG
Relay Therapeutics (RLAY) Initiated at New Hold at Jones; PT USD 18
Sandisk (SNDK) Initiated at New Outperform at Evercore ISI
Simply Good Foods (SMPL) Initiated at New Neutral at BTIG
Spyre Therapeutics Inc (SYRE) Initiated at New Strong Buy at Raymond James
Tectonic Therapeutic (TECX) Initiated at New Buy at Stifel; PT USD 75
Trane Technologies (TT) Initiated at New Outperform at BNP Paribas; PT USD 550
Utz Brands (UTZ) Initiated at New Buy at BTIG; PT USD 10
Versigent (VGNT) Initiated at New Buy at TD Cowen; PT USD 47
Versigent (VGNT) Initiated at New Buy at UBS; PT USD 43
Vertiv Holdings (VRT) Initiated at New Outperform at BNP Paribas; PT USD 345