Upgrades: AENA (ANNSF) upgraded to Overweight from Underweight at Morgan Stanley Cie de Saint-Gobain (CODYY) upgraded to Buy from Hold at Jefferies MGM Resorts (MGM) upgraded to Buy from Hold at Truist; tgt raised to $50 Murphy Oil (MUR) upgraded to Overweight from Neutral at JP Morgan; tgt $56 Novartis AG (NVS) upgraded to Buy from Hold at Stifel Porsche (POAHY) upgraded to Buy from Hold at HSBC Securities Ritchie Bros. (RBA) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $65 United Airlines (UAL) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $67 Downgrades: Adecco S.A. (AHEXY) downgraded to Underweight from Equal-Weight at Morgan Stanley Burberry plc (BURBY) downgraded to Reduce from Hold at HSBC Securities CIBC (CM) downgraded to Sector Perform from Outperform at RBC Capital Mkts Commerce Bancshares (CBSH) initiated with an Equal-Weight at Morgan Stanley; tgt $74 Danone (DANOY) downgraded to Mkt Perform from Outperform at Bernstein Hyatt Hotels (H) initiated with an Overweight at Morgan Stanley; tgt $136 Imperial Oil (IMO) downgraded to Underweight from Neutral at JP Morgan Laredo Petroleum (LPI) downgraded to Underweight from Neutral at JP Morgan; tgt $69 Liberty Global (LBTYA) downgraded to Neutral from Buy at BofA Securities NetApp (NTAP) downgraded to Hold from Buy at Loop Capital Orion Office REIT (ONL) assumed with a Buy at EF Hutton; tgt lowered to $13 Sachem Capital (SACH) assumed with a at EF Hutton; tgt lowered to $5 Signature Bank (SBNY) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $152 Silvergate Capital (SI) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt $24 Spire (SR) downgraded to Neutral from Overweight at JP Morgan; tgt $69 SVB Financial Group (SIVB) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $186 Terex (TEX) downgraded to Hold from Buy at Deutsche Bank; tgt $46 Unilever PLC (UL) downgraded to Mkt Perform from Outperform at Bernstein Wabash Natl (WNC) downgraded to Hold from Buy at Vertical Research; tgt $27 Others: Chinook Therapeutics (KDNY) initiated with an Overweight at Wells Fargo; tgt $30 Community Financial (TCFC) resumed with an Overweight at Piper Sandler; tgt $53 Denali Therapeutics (DNLI) initiated with an Outperform at Cowen F&G Annuities & Life (FG) initiated with a Neutral at Credit Suisse; tgt $22 JetBlue Airways (JBLU) initiated with a Neutral at Citigroup; tgt $9 OPAL Fuels (OPAL) initiated with a Buy at UBS; tgt $13 Primis Financial (FRST) initiated with a Neutral at Piper Sandler; tgt $13 Rent-A-Center (RCII) initiated with a Buy at Craig Hallum; tgt $40 RXO, Inc. (RXO) initiated with a Mkt Perform at Raymond James Sunstone Hotel (SHO) initiated with an Underweight at Morgan Stanley; tgt $10 Synovus (SNV) initiated with an Equal-Weight at Morgan Stanley; tgt $44 Travere Therapeutics (TVTX) initiated with an Overweight at Wells Fargo; tgt $28 United Therapeutics (UTHR) initiated with a Sell at Goldman; tgt $230 Valley National (VLY) initiated with an Equal-Weight at Morgan Stanley; tgt $14 Webster Financial (WBS) initiated with an Overweight at Morgan Stanley; tgt $70 WesBanco Inc (WSBC) resumed with a Neutral at Piper Sandler; tgt $41 Wyndham Hotels & Resorts (WH) initiated with an Overweight at Morgan Stanley; tgt $87 Xenia Hotels (XHR) initiated with an Underweight at Morgan Stanley; tgt $13 Zions Bancorp (ZION) initiated with an Equal-Weight at Morgan Stanley; tgt $65