US BROKER MOVES: A upgraded at BofA; PDD downgraded at Barclays
Newsquawk StaffPublished On the live feed at — 4 more headlines followed before this page went public
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Pakistan will present to the US the transfer of Iranian uranium to Beijing under international supervision, Al Hadath reports
PRE-MARKET MOVERS: CRM, MRVL,SNOW, HPQ, NBIS, LI, XPEV, DELL, BBY, DLTR
US BROKER MOVES: A upgraded at BofA; PDD downgraded at Barclays
US Real Consumer Spending QoQ 2nd Est (Q1) Q/Q 1.4% vs. Exp. 1.6% (Prev. 1.9%)
US Real Personal Spending MoM (Apr) M/M 0.1%
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UPGRADES
- Agliant (A) Upgraded from Neutral to Buy at BofA Securities; PT USD 145.00 (prev. USD 150.00)
- Dominion Energy (D) Upgraded from Hold to Buy at Jefferies; PT USD 76.00 (prev. USD 65.00)
- Dick’s Sporting Goods (DKS) Upgraded from Neutral to Overweight at JPMorgan; PT USD 270.00
- Equillium (EQ) Upgraded from Market Perform to Outperform at Leerink; PT USD 6.00
- Integra LifeSciences Holdings (IART) Upgraded from Sell to Neutral at Citi; PT USD 16.00 (prev. USD 17.00)
- LyondellBasell (LYB) Upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 98.00 (prev. USD 80.00)
- Quanta Services (PWR) Upgraded from Perform to Outperform at Oppenheimer; PT USD 800.00
DOWNGRADES
- Baxter International (BAX) Downgraded from Neutral to Sell at Citi; PT USD 17.00 (prev. USD 19.00)
- Boston Scientific (BSX) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 55.00 (prev. USD 75.00)
- Electronic Arts (EA) Downgraded from Buy to Hold at Argus
- Hanmi Financial (HAFC) Downgraded from Buy to Neutral at Brean Capital
- Jack in the Box (JACK) Downgraded from Buy to Neutral at Guggenheim
- Mueller Industries (MLI) Downgraded from Buy to Neutral at Northcoast
- PDD (PDD) Downgraded from Outperform to Neutral at Macquarie; PT USD 87.00 (prev. USD 151.00)
- PDD (PDD) Downgraded from Overweight to Equalweight at Barclays; PT USD 89.00 (prev. USD 165.00)
- RLJ Lodging Trust (RLJ) Downgraded from Strong Buy to Outperform at Raymond James; PT USD 11.00 (prev. USD 9.00)
- Verra Mobility (VRRM) Downgraded from Buy to Neutral at UBS; PT USD 4.00 (prev. USD 23.00)
INITIATIONS
- Absci Corporation (ABSI) Initiated with Buy at BTIG, PT USD 9/shr.
- Arcosa (ACA) Initiated with Outperform at Oppenheimer, PT USD 150/shr
- Aligos Therapeutics (ALGS) Initiated with Buy at Lake Street, PT USD 45/shr
- Adlai Nortye (ANL) Initiated with Outperform at Oppenheimer, PT USD 32/shr
- CarGurus (CARG) Initiated with Overweight at Barclays, PT USD 35/shr
- Cardinal Infrastructure (CDNL) Initiated with Outperform at Oppenheimer, PT USD 60/shr
- Cellectis (CLLS) Initiated with Overweight at Barclays, PT USD 9/shr
- Damora Therapeutics (DMRA) Initiated with Outperform at Wedbush, PT USD 35/shr
- Alpha Tau Medical (DRTS) Initiated with Outperform at Wedbush, PT USD 15/shr
- Everus Construction Group (ECG) Initiated with Outperform at Oppenheimer, USD 185/shr
- Encompass Health Corporation (EHC) Initiated with Buy at TD Cowen, PT USD 125/shr
- EMCOR Group (EME) Initiated with Outperform at Oppenheimer, PT USD 1100/shr
- Comfort Systems (FIX) Initiated with Outperform at Oppenheimer, PT USD 2200/shr
- Flowco Holdings (FLOC) Initiated with Neutral at Citi, PT USD 31/shr
- Granite Construction (GVA) Initiated with Outperform at Oppenheimer, PT USD 170/shr
- Immunome (IMNM) Initiated with Overweight at Barclays, PT USD 36/shr
- Knife River (KNF) Initiated with Outperform at Oppenheimer, PT USD 95/shr
- Martin Marietta Materials (MLM) Initiated with Perform at Oppenheimer
- National Healthcare Properties (NHP) Initiated with Market Outperform at Citizens, PT USD 18/shr
- Omnicom Group (OMC) Initiated with Neutral at Rothschild Redburn, PT USD 89/shr
- Organogenesis Holdings (ORGO) Initiated with Hold at Truist, PT USD 3/shr
- RB Global (RBA) Initiated with Overweight at Barclays, PT USD 124/shr
- Stitch Fix (SFIX) Initiated with Outperform at Northland, PT USD 5/shr
- Snap-on (SNA) Initiated with Overweight at Barclays, PT USD 124/shr
- Sensei Biotherapeutics (SNSE) Initiated with Buy at Lucid Capital, PT USD 50/shr
- Sterling Infrastructure (STRL) Initiated with Outperform at Oppenheimer, PT USD 950/shr
- Sutro Biopharma (STRO) Initiated with Overweight at Barclays, PT USD 56/shr
- The Trade Desk (TTD) Initiated with Sell at Rothschild Redburn, PT USD 11/shr
- Viking Therapeutics (VKTX) Initiated with Buy at Lake Street, PT USD 89/shr
- Vulcan Materials (VMC) Initiated with Perform at Oppenheimer
- Valmont Industries (VMI) Initiated with Outperform at Oppenheimer, PT USD 600/shr
- Valvoline (VVV) Initiated with Equalweight at Barclays, PT USD 35/shr
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