US BROKER MOVES: AAPL upgraded at HSBC; PPG upgraded at BofA
Newsquawk StaffPublished On the live feed at — 11 more headlines followed before this page went public
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China's Commerce Ministry says US has confirmed to China that Hong-Kong related national emergency will not be extended, order to be termianted
Exxonmobil (XOM) chartered tanker Nordic Zenit attacked on approach to Black Sea CPC terminal
US BROKER MOVES: AAPL upgraded at HSBC; PPG upgraded at BofA
Aston Martin (AML LN) is reportedly in talks with funds including HPS for new debt, Bloomberg reports citing sources
US Secretary of State Rubio will travel to Manila, Philippines from July 19th-23rd to attend ASEAN
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UPGRADES
- Apple (AAPL) Upgraded to Buy at HSBC; PT USD 366 (prev USD 260)
- Arbor Realty Trust (ABR) Upgraded to Neutral at JPMorgan; PT USD 5.50 (prev USD 7.00)
- AST SpaceMobile (ASTS) Upgraded to Buy at B. Riley; PT USD 85
- Echo Global Logistics (ECHO) Upgraded to Strong Buy at Raymond James; PT USD 115
- Ecolab (ECL) Upgraded to Outperform at Oppenheimer; PT USD 320
- Emerson Electric (EMR) Upgraded to Overweight at JPMorgan; PT USD 157
- Ferguson (FERG) Upgraded to Outperform at Zelman & Associates; PT USD 285
- 3M (MMM) Upgraded to Overweight at JPMorgan; PT USD 180 (prev USD 178)
- PPG Industries (PPG) Upgraded to Buy at BofA Securities; PT USD 134 (prev USD 127)
- SBA Communications (SBAC) Upgraded to Overweight at Wells Fargo; PT USD 210 (prev USD 220)
DOWNGRADES
- AGNC Investment (AGNC) Downgraded to Neutral at Compass Point; PT USD 11.50
- AGNC Investment (AGNC) Downgraded to Neutral at JPMorgan; PT USD 12.00 (prev USD 11.00)
- atai Life Sciences (ATAI) Downgraded to Hold at Jefferies; PT USD 7.50 (prev USD 10.00)
- Distribution Solutions Group (DSGR) Downgraded to Market Perform at Barrington Research; PT USD 35 (prev USD 33)
- KKR Real Estate Finance Trust (KREF) Downgraded to Underweight at JPMorgan; PT USD 8.00 (prev USD 6.00)
- Netflix (NFLX) Downgraded to Neutral at KGI Securities; PT USD 75
- Oneok (OKE) Downgraded to Hold at Jefferies; PT USD 95 (prev USD 100)
- Option Care Health (OPCH) Downgraded to Equal Weight at Stephens; PT USD 24
- Sonic Automotive (SAH) Downgraded to Neutral at Seaport Global Securities
INITIATIONS
- HF Sinclair (DINO) Initiated In Line at Evercore ISI; PT USD 85
- First Community Bankshares (FCBM) Initiated Market Perform at Hovde Group; PT USD 14
- Fastly (FSLY) Initiated Buy at Freedom Broker; PT USD 27
- Moody's (MCO) Initiated Buy at Jefferies; PT USD 610
- MSCI (MSCI) Initiated Buy at Jefferies; PT USD 760
- PBF Energy (PBF) Initiated In Line at Evercore ISI; PT USD 58
- Zentalis Pharmaceuticals (ZNTL) Initiated Outperform at Mizuho; PT USD 8
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