$TME N2509 (40365.HK)$ Raised to Neutral From Underperform by Macquarie
Macquarie analyst Ellie Jiang upgrades Tencent Music Enter Gr (NYSE:TME) from Underperform to Neutral and raises the price target from $5.1 to $7.4.
Evercore ISI Group Upgrades $Norfolk Southern (NSC.US)$ to Outperform, Announces $242 Price Target
Evercore ISI Group analyst Jonathan Chappell upgrades Norfolk Southern (NYSE:NS...

Gainers:
• $CatchMark Timber Trust Inc (CTT.US)$ +36.4% (CatchMark Timber Trust and PotlatchDeltic (PCH) to combine in an all-stock transaction)
• $Yamana Gold (AUY.US)$ +17.0% (Yamana Gold to be acquired by Gold Fields (GFI) for $6.7 bln)
• $AMC Entertainment (AMC.US)$ +12.7% (strong "Top Gun: Maverick" box office showing)
• $KE Holdings (BEKE.US)$ +8.3% (In reaction to earnings)
• $Eledon Pharmaceuticals (ELDN.US)$ +7.7% (topline resul...

Upgrades
• $Grab Holdings (GRAB.US)$: Bernstein Upgrades to Outperform from Market Perform - PT $3.04
• $Linde (LIN.US)$: Evercore ISI Upgrades to Outperform from In Line - PT $355
• $Magellan Midstream (MMP.US)$: Wells Fargo Upgrades to Overweight from EqualWeight - PT $56 (from $54)
• $Mercury Systems (MRCY.US)$: Baird Upgrades to Outperform from Neutral - PT $72 (from $56)
• $Nurix Therapeutics (NRIX.US)$: Wells Fargo Upgrades to Overweight from EqualWeight - PT...

Gainers:
• $Checkmate Pharmaceuticals (CMPI.US)$ +331.5% (Regeneron Pharma (REGN) to acquire CMPI for $10.50/share in cash)
• $Axsome Therapeutics (AXSM.US)$ +27.9% (received and agreed to Postmarketing Requirements/Commitments proposed by the FDA with respect to the New Drug Application for its AXS-05 product candidate for the treatment of major depressive disorder)
• $Super Micro Computer (SMCI.US)$ +14.3% (earnings report)
• $Plug Power (PLUG.US)$ +9.24% (t...

Upgrades
• $TechnipFMC (FTI.US)$ : Societe Generale Upgrades to uy from Hold - PT $10
• $Lululemon Athletica (LULU.US)$ : Truist Securities Upgrades to Buy from Hold - PT $495 (from $390)
• $NorthWestern (NWE.US)$ : Barclays Upgrades to Equal Weight From Underweight - PT $62 (from $57)
• $Portland General Electric (POR.US)$ : Barclays Upgrades to EqualWeight From Underweight - PT $57 (from $53)
• $Pricesmart (PSMT.US)$ : Scotiabank Upgrades to Sector Outperform Fro...