Upgrades: Coherent (COHR) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $45 Humana (HUM) upgraded to Buy from Neutral at Goldman; tgt raised to $652 HUYA (HUYA) upgraded to Buy from Hold at China Renaissance; tgt lowered to $4.20 Inspire Medical Systems (INSP) upgraded to Buy from Neutral at Goldman; tgt raised to $308 U.S. Bancorp (USB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $58 Downgrades: Am Natl Bankshares (AMNB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $42 Amerant Bancorp (AMTB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $32 Bar Harbor Bankshares (BHB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $33 BHP Group (BHP) downgraded to Sell from Neutral at UBS Block (SQ) assumed with an Overweight at Piper Sandler; tgt $93 Capital Bancorp (CBNK) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $26 Carrier Global (CARR) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets Comerica (CMA) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $80 Discover Financial Services (DFS) downgraded to Underperform from Buy at BofA Securities F.N.B. Corp (FNB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $15.50 Heartland Financial (HTLF) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $54 Home Bancshares (HOMB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $28 Independent Bank (INDB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $100 MidWestOne Financial Group (MOFG) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $37 Shore Bancshares (SHBI) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $22 UserTesting (USER) downgraded to Mkt Perform from Strong Buy at Raymond James UserTesting (USER) downgraded to Neutral from Overweight at Piper Sandler; tgt $7.50 Others: American Express (AXP) assumed with a Neutral at Piper Sandler; tgt $159 Amphenol (APH) initiated with an Outperform at Credit Suisse; tgt $93 Business First Bancshares (BFST) initiated with an Overweight at Piper Sandler; tgt $27 Cano Health (CANO) resumed with an Underperform at BofA Securities; tgt $1.50 Cognex (CGNX) initiated with an Underperform at Credit Suisse; tgt $41 Cousins Prop (CUZ) initiated with an Outperform at BMO Capital Markets; tgt $29 Custom Truck One Source (CTOS) initiated with a Neutral at JP Morgan; tgt $7.50 Dover (DOV) initiated with an Outperform at Credit Suisse; tgt $171 Generac (GNRC) initiated with a Hold at Stifel; tgt lowered to $98 Hayward Holdings (HAYW) initiated with a Buy at Stifel; tgt $11 Inspire Medical Systems (INSP) initiated with an Overweight at KeyBanc Capital Markets; tgt $287 KNOT Offshore Partners (KNOP) initiated with a Buy at Alliance Global Partners; tgt $16 Latham Group (SWIM) initiated with a Hold at Stifel; tgt $3 Mobileye Global (MBLY) initiated with an Overweight at JP Morgan; tgt $50 TE Connectivity (TEL) initiated with a Neutral at Credit Suisse; tgt $123 Teledyne Tech (TDY) initiated with an Outperform at Credit Suisse; tgt $503