Initiated Equal Weight X

ABG Asbury Automotive

Barclays

$275

Initiated Equal Weight X

ACVA ACV Auctions

Barclays

$6

Initiated Overweight X

AN AutoNation

Barclays

$250

Upgrades Mkt Perform Mkt Outperform X

APYX Apyx Medical

Citizens JMP

$8

Initiated Overweight X

ATAT Atour Lifestyle Hldgs. Ltd.

JP Morgan

$57

Downgrades Overweight Neutral X

ATXS Astria Therapeutics

Cantor Fitzgerald

Downgrades Outperform Mkt Perform X

BBWI Bath & Body Works

Raymond James

Downgrades Strong Buy Mkt Perform X

BHF Brighthouse Financial

Raymond James

Upgrades Underweight Neutral X

CMPO CompoSecure

JP Morgan

$20

Initiated Underweight X

CPRT Copart

Barclays

$32

Downgrades Strong Buy Mkt Perform X

CSR Centerspace

Raymond James

Initiated Mkt Perform X

CTAS Cintas

Bernstein

$200

Initiated Overweight X

CVNA Carvana

Barclays

$390

Reiterated Buy X

DAVA Endava

Needham

$12 $9

Initiated Underperform X

FAST Fastenal

Bernstein

$38

Initiated Outperform X

FERG Ferguson plc

Bernstein

$288

Upgrades Neutral Overweight X

FND Floor & Decor

Piper Sandler

$80

Downgrades Outperform Neutral X

FTNT Fortinet

Daiwa Securities

$86

Initiated Overweight X

GPI Group 1 Auto

Barclays

$510

Initiated Mkt Perform X

GWW Grainger

Bernstein

$975

Upgrades Perform Outperform X

ICHR ICHOR Corporation

Oppenheimer

$25

Initiated Overweight X

KAR OPENLANE

Barclays

$32

Initiated Underweight X

KMX CarMax

Barclays

$28

Initiated Overweight X

LAD Lithia Motors

Barclays

$410

Initiated Equal Weight X

LKQ LKQ

Barclays

$33

Downgrades Outperform Peer Perform X

NTLA Intellia Therapeutics

Wolfe Research

Initiated Buy X

NUVL Nuvalent

Canaccord Genuity

$126

Upgrades Neutral Overweight X

OUT OUTFRONT Media

JP Morgan

$25

Initiated Overweight X

PAG Penske Auto

Barclays

$195

Upgrades Sec Weight Overweight X

PGNY Progyny

KeyBanc Capital Markets

$30

Upgrades Neutral Buy X

POWW Outdoor Holding Company

Roth Capital

$2.25

Downgrades Outperform Mkt Perform X

QUIK QuickLogic

Northland Capital

Reiterated Buy X

RKLB Rocket Lab USA

Needham

$55 $63

Upgrades Mkt Perform Strong Buy X

RLJ RLJ Lodging Trust

Raymond James

$9

Initiated Outperform X

ROL Rollins

Bernstein

$70

Initiated Mkt Perform X

RSG Republic Services

Bernstein

$205

Initiated Equal Weight X

SAH Sonic Automotive

Barclays

$71

Upgrades Hold Buy X

SE Sea Limited

Deutsche Bank

$170

Reiterated Awesome X

STARK Stark Industries

G. William Miller Research

Upgrades Sec Weight Overweight X

T AT&T

KeyBanc Capital Markets

$30

Reiterated Buy X

TTMI TTM Tech

Needham

$77 $79

Downgrades Buy Underperform X

UMC United Micro

BofA Securities

Initiated Outperform X

WCN Waste Connections

Bernstein

$200

Initiated Outperform X

WM Waste Mgmt

Bernstein

$255