US BROKER MOVES: AAPL upgraded at HSBC; PPG upgraded at BofA

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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