BROKER MOVES: DELL upgraded at Susquehanna post-earnings; BBY downgraded at UBS
SourceNewsquawk
SectionUS Equities
UPGRADES:
- American Water Works (AWK) Upgraded from Neutral to Buy at UBS; PT USD 140.00
- Charles River Laboratories (CRL) Upgraded from Hold to Outperform at CLSA; PT USD 219.00 (prev. USD 167.00)
- Dell Technologies (DELL) Upgraded from Neutral to Positive at Susquehanna; PT USD 700.00 (prev. USD 138.00)
- Everforth (EFOR) Upgraded from Underperform to Hold at Jefferies; PT USD 22.00 (prev. USD 28.00)
- Federal Realty Investment Trust (FRT) Upgraded from Hold to Buy at Deutsche Bank; PT USD 135.00 (prev. USD 110.00)
- Li Auto (LI) Upgraded from Underperform to Neutral at Macquarie; PT USD 15.00
- SentinelOne (S) Upgraded from Neutral to Buy at BofA Securities; PT USD 20.00 (prev. USD 16.00)
- Snowflake (SNOW) Upgraded from Hold to Buy at HSBC; PT USD 289.00 (prev. USD 176.00)
- Valvoline (VVV) Upgraded from Underweight to Neutral at JPMorgan; PT USD 35.00
- Essential Utilities (WTRG) Upgraded from Neutral to Buy at UBS; PT USD 43.00
- XPeng (XPEV) Upgraded from Neutral to Outperform at Macquarie; PT USD 19.00
DOWNGRADES:
- Ambarella (AMBA) Downgraded from Buy to Hold at Summit Insights
- Best Buy (BBY) Downgraded from Buy to Neutral at UBS; PT USD 86.00 (prev. USD 85.00)
- Boston Scientific (BSX) Downgraded from Outperform to Peer Perform at Wolfe Research
- Cogent Communications (CCOI) Downgraded from Overweight to Neutral at JPMorgan; PT USD 22.00
- Caesars Entertainment (CZR) Downgraded from Overweight to Neutral at JPMorgan; PT USD 31.00 (prev. USD 35.00)
- Caesars Entertainment (CZR) Downgraded from Positive to Neutral at Susquehanna
- EPAM Systems (EPAM) Downgraded from Buy to Hold at Jefferies; PT USD 110.00 (prev. USD 130.00)
- Gap (GAP) Downgraded from Outperform to In Line at Evercore ISI
- Gap (GAP) Downgraded from Overweight to Neutral at JPMorgan; PT USD 27.00 (prev. USD 35.00)
- Grid Dynamics Holdings (GDYN) Downgraded from Buy to Hold at Jefferies; PT USD 8.00
- Regency Centers (REG) Downgraded from Buy to Hold at Deutsche Bank; PT USD 85.00 (prev. USD 83.00)
- Rollins (ROL) Downgraded from Outperform to Market Perform at Bernstein SocGen Group; PT USD 52.00 (prev. USD 70.00)
- SentinelOne (S) Downgraded from Outperform to Market Perform at Raymond James; PT USD 18.00
INITIATIONS:
- Alpha Cognition (ACOG) Initiated with Buy at Maxim Group, PT USD 12
- Aurora Innovation (AUR) Initiated with Outperform at Northland, PT USD 11
- ArriVent BioPharma (AVBP) Initiated with Buy at Truist Securities, PT USD 45
- Black Stone Minerals (BSM) Initiated with Sector Perform at RBC Capital, PT USD 16
- Claritev (CTEV) Initiated with Buy at Canaccord, PT USD 32
- Dell Technologies (DELL) Initiated with Outperform at Evercore ISI, PT USD 450
- DouYu International (DOYU) Initiated with Neutral at Citi, PT USD 5.20
- Draganfly (DPRO) Initiated with Buy at H.C. Wainwright, PT USD 14
- First United (FUNC) Initiated with Outperform at Hovde Group, PT USD 44.50
- GBank Financial Holdings (GBFH) Initiated with Outperform at Raymond James, PT USD 35
- Kimbell Royalty Partners (KRP) Initiated with Outperform at RBC Capital, PT USD 20
- Ouster (OUST) Initiated with Buy at Roth, PT USD 75
- PAR Technology (PAR) Initiated with Underweight at JPMorgan, PT USD 12
- Pool (POOL) Initiated with Hold at Loop Capital, PT USD 210
- Sol-Gel Technologies (SLGL) Initiated with Buy at TD Cowen
- Sensei Biotherapeutics (SNSE) Initiated with Overweight at Cantor Fitzgerald
- Viper Energy (VNOM) Initiated with Outperform at RBC Capital, PT USD 58
- Select Water Solutions (WTTR) Initiated with Buy at BofA Securities, PT USD 22