BROKER MOVES: USB upgraded at Truist; MOS downgraded at JPM
Newsquawk Staff ·
Upgrades
- Joby Aviation (JOBY) Upgraded to Buy at HC Wainwright; PT USD 18
- Nasdaq Inc. (NDAQ) Upgraded to Buy at TD Cowen; PT USD 106
- Shoe Carnival (SCVL) Upgraded to Buy at Williams Trading; PT USD 22
- Spotify (SPOT) Upgraded to Buy at Arete
- U.S. Bancorp (USB) Upgraded to Buy at Truist Secs; PT USD 66
Downgrades
- Arcellx (ACLX) Downgraded to Neutral at Guggenheim; PT USD 115
- Array (ARRY) Downgraded to Hold at Deutsche Bank; PT USD 9
- Ategrity Specialty (ASIC) Downgraded to Neutral at Citi; PT USD 27
- C3.ai (AI) Downgraded to Market Perform at Citizens
- Clearwater Analytics (CWAN) Downgraded to Sector Perform at RBC
- Driven Brands (DRVN) Downgraded to Neutral at Piper Sandler; PT USD 12
- First Solar (FSLR) Downgraded to Hold at Deutsche Bank; PT USD 245
- Merit Medical (MMSI) Downgraded to Equal-Weight at Wells Fargo
- Mosaic (MOS) Downgraded to Underweight at JPMorgan; PT USD 24
- Oddity Tech (ODD) Downgraded to Neutral at JPMorgan; PT USD 16
- Oddity Tech (ODD) Downgraded to Underweight at Barclays; PT USD 13
- Oddity Tech (ODD) Downgraded to Inline at Evercore ISI; PT USD 23
- Oddity Tech (ODD) Downgraded to Hold at Needham
- PROCEPT BioRobotics (PRCT) Downgraded to Underperform at BofA; PT USD 20
- RenaissanceRe (RNR) Downgraded to Equal-Weight at Morgan Stanley; PT USD 310
- Southern Copper (SCCO) Downgraded to Underperform at BofA; PT USD 175
- Spok Holdings (SPOK) Downgraded to Neutral at B Riley; PT USD 14
- Tanger (SKT) Downgraded to Neutral at Compass Point; PT USD 38
- Trade Desk (TTD) Downgraded to Sell at New Street Research; PT USD 17
- Trade Desk (TTD) Downgraded to Hold at Loop Capital; PT USD 25
Initiations
- Builders FirstSource (BLDR) Initiated at New Outperform at William Blair
- Eikon Therapeutics (EIKN) Initiated at New Underperform at Wedbush; PT USD 7
- Five Below (FIVE) Initiated at New Outperform at KGI Securities; PT USD 267
- LeonaBio Inc (LONA) Initiated at New Overweight at Cantor
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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