#Downgrades - Dec 04, 2024 • $ACMR: Needham Downgrades to Hold from Buy • $ALEC: BofA Securities Downgrades to Underperform from Neutral - PT $1 (from $9) • $BMY: CFRA Downgrades to Hold from Buy - PT $60 • $CDMO: Stephens Downgrades to Equal Weight from Overweight - PT $12.50 (from $12) • $DTE: KeyBanc Downgrades to Sector Weight from Overweight • $ETR: KeyBanc Downgrades to Sector Weight from Overweight • $FCNCA: KBW Downgrades to Market Perform from Outperform • $HAFC: KBW Downgrades to Market Perform from Outperform • $IPGP: Northcoast Research Downgrades to Neutral from Buy • $MSM: Stephens Downgrades to Equal Weight from Overweight - PT $85 • $MTB: JPMorgan Downgrades to Neutral from Overweight - PT $223.50 (from $215) • $NVS: HSBC Downgrades to Reduce from Hold • $PNFP: KBW Downgrades to Market Perform from Outperform • $YPF: UBS Downgrades to Neutral from Buy - PT $38 (from $30)

#Upgrades - Dec 03, 2024 • $ALHC: Stephens Upgrades to Overweight from Equal Weight - PT $17 (from $13) • $AU: RBC Capital Upgrades to Outperform from Sector Perform - PT $31 • $AXON: Morgan Stanley Upgrades to Overweight from Equalweight - PT $700 (from $500) • $C: KBW Upgrades to Outperform from Market Perform • $CENX: Wolfe Research Upgrades to Outperform from Peerperform • $CNP: UBS Upgrades to Buy from Neutral - PT $37 (from $31) • $CRDO: BofA Securities Upgrades to Buy from Underperform - PT $80 (from $27) • $CVS: Deutsche Bank Upgrades to Buy from Hold - PT $66 • $DTE: UBS Upgrades to Buy from Neutral - PT $143 (from $129) • $KR: Jefferies Upgrades to Buy from Hold - PT $73 (from $54) • $PTCT: RBC Capital Upgrades to Outperform from Sector Perform - PT $63 (from $39) • $STT: KBW Upgrades to Outperform from Market Perform • $SYF: Wells Fargo Upgrades to Overweight from Equal Weight - PT $85 (from $60) • $UPST: Redburn-Atlantic Upgrades to Buy from Neutral - PT $95