BROKER MOVES: INTC see a couple of upgrades post-earnings; DKNG downgraded at MoffettNathanson

UPGRADES:

  • Altimmune (ALT) Upgraded to Neutral at Goldman; PT USD 2.50
  • AMD (AMD) Upgraded to Buy at DA Davidson; PT USD 375
  • IBM (IBM) Upgraded to Buy at DZ Bank; PT USD 295
  • Intel (INTC) Upgraded to Buy at Citi; PT USD 95
  • Intel (INTC) Upgraded to Outperform at Evercore ISI; PT USD 111
  • Phillips 66 (PSX) Upgraded to Overweight at Morgan Stanley; PT USD 174
  • Polaris (PII) Upgraded to Outperform at Raymond James; PT USD 66
  • Roche (ROP SW) ADRs Upgraded to Equal-Weight at Morgan Stanley; PT USD 46
  • Sandisk (SNDK) Upgraded to Buy at GF Securities; PT USD 1,277
  • Southwest Air (LUV) Upgraded to Hold at HSBC; PT USD 36.10
  • Tesla (TSLA) Upgraded to Hold at DZ Bank; PT USD 385

DOWNGRADES:

  • Bloomin' Brands (BLMN) Downgraded to Underweight at JPMorgan; PT USD 6
  • Calumet (CLMT) Downgraded to Neutral at Goldman; PT USD 36
  • Comcast (CMCSA) Downgraded to Hold at Deutsche Bank; PT USD 34
  • DraftKings (DKNG) Downgraded to Neutral at MoffettNathanson LLC
  • Flutter (FLUT) Downgraded to Neutral at MoffettNathanson LLC
  • Freeport (FCX) Downgraded to Equal-Weight at Morgan Stanley; PT USD 66
  • Insulet (PODD) Downgraded to Neutral at Rothschild & Co Redburn; PT USD 220
  • Iridium Communications (IRDM) Downgraded to Market Perform at Raymond James
  • Kyndryl (KD) Downgraded to Sector Perform at Scotiabank; PT USD 16.50
  • Sportradar (SRAD) Downgraded to Hold at Jefferies; PT USD 14
  • TruBridge (TBRG) Downgraded to Neutral at Cantor

INITIATIONS:

  • Alphabet (GOOGL) Reinitiated at Outperform at Wedbush; PT USD 370
  • Amazon (AMZN) Reinitiated at Outperform at Wedbush; PT USD 300
  • Capital Clean Energy Car (CCEC) Initiated at New Hold at Jefferies; PT USD 20
  • Claritev Corp (CTEV) Reinitiated at Overweight at Barclays; PT USD 28
  • Damora Therapeutics (DMRA) Initiated at New Outperform at RBC; PT USD 40
  • Dorian LPG (LPG) Initiated at New Buy at Jefferies; PT USD 42
  • First Tracks Biotherapeutics (TRAX) Initiated at New Outperform at Leerink
  • Global Ship Lease (GSL) Initiated at New Buy at Jefferies; PT USD 45
  • Hims & Hers Health (HIMS) Initiated at New Overweight at JPMorgan; PT USD 35
  • Intl Seaways (INSW) Initiated at New Buy at Jefferies; PT USD 90
  • Meta (META) Reinitiated at Outperform at Wedbush; PT USD 900
  • Navios Maritime Partners (NMM) Initiated at New Buy at Jefferies; PT USD 85
  • Neonc Technologies (NTHI) Initiated at New Buy at BTIG; PT USD 15
  • Oracle (ORCL) Reinitiated at Outperform at Wedbush; PT USD 225
  • PennyMac (PFSI) Initiated at New Equal-Weight at Stephens; PT USD 100
  • Rocket Cos. (RKT) Initiated at New Overweight at Stephens; PT USD 22.50
  • Scorpio Tankers (STNG) Initiated at New Buy at Jefferies; PT USD 90
  • Shake Shack (SHAK) Initiated at New Buy at Guggenheim; PT USD 120
  • Star Bulk (SBLK) Initiated at New Buy at Jefferies; PT USD 29
  • UWM Holdings (UWMC) Initiated at New Equal-Weight at Stephens; PT USD 4
  • Walker & Dunlop (WD) Initiated at New Overweight at Stephens; PT USD 69
Context

Intel (INTC) received multiple upgrades post-earnings, which suggests renewed confidence in its fundamentals and outlook, potentially leading to upward pressure on its stock price. In contrast, DraftKings (DKNG) was downgraded, which may signal concerns over its growth trajectory in a competitive environment. Traders should watch the market reaction to these ratings as they often set the tone for sector sentiment and individual stock performance.

Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard
#JAPAN#AMZN.US#COMCAST CORP#CMCSA.US#FCX.US#INTEL CORP#INTC.US#IBM.US#MORGAN STANLEY#ORACLE CORP#ORCL.US#PHILLIPS 66#PSX.US#SNDK.US#LUV.US#BLOOMIN' BRANDS INC#BLMN.US#CLMT.US#INSULET CORP#PODD.US#IRIDIUM COMMUNICATIONS INC#IRDM.US#SBLK.US#TSLA.US#DEUTSCHE BANK AG#BARCLAYS PLC#PFSI.US#SCORPIO TANKERS INC#STNG.US#WD.US#PERFORM GROUP PLC#AMD.US#GOOGL.US#PII.US#RKT.US#NMM.US#EQUITIES#EU SESSION#US SESSION#HIGHLIGHTED#DORIAN LPG#LPG.US#RESEARCH SHEET#SHAK.US#SEMICONDUCTORS#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (GROUP)#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT#S&P 500 INDEX#NASDAQ 100 INDEX#AMZN#CMCSA#FCX#GOOGL#IBM#INTC#LUV#META#ORCL#PODD#PSX#ROP#TSLA#RKT#DXY#US EQUITIES
Published: Updated: