Upgrades: Activision Blizzard (ATVI) upgraded to Buy from Hold at Edward Jones PennyMac (PFSI) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $75 Downgrades: Conagra (CAG) downgraded to Sell from Hold at Deutsche Bank; tgt raised to $34 General Mills (GIS) downgraded to Hold from Buy at Deutsche Bank; tgt $88 Royal Caribbean (RCL) downgraded to Underweight from Overweight at JP Morgan; tgt lowered to $47 Others: Albertsons (ACI) initiated with a Outperform at Bernstein; tgt $26 Home Depot (HD) initiated with a Mkt Perform at Bernstein; tgt $337 Kroger (KR) initiated with an Outperform at Bernstein; tgt $58 Lowe's (LOW) initiated with a Mkt Perform at Bernstein; tgt $237 Norwegian Cruise Line (NCLH) assumed with an Overweight at JP Morgan; tgt lowered to $30 Target (TGT) initiated with an Outperform at Bernstein; tgt $190 United Therapeutics (UTHR) initiated with a Buy at UBS; tgt $320 Valvoline (VVV) initiated with an Outperform at RBC Capital Mkts; tgt $39 Walmart (WMT) initiated with a Mkt Perform at Bernstein; tgt $159 Xponential Fitness (XPOF) initiated with a Buy at Citigroup; tgt $29