US BROKER MOVES: ADM upgraded at JPM; ADBE downgraded at Citi
Newsquawk Staff ·
UPGRADES
- Archer-Daniels-Midland (ADM) Upgraded from Underweight to Neutral at JPMorgan; PT USD 75
- Astera Labs (ALAB) Upgraded from Market Perform to Outperform at Northland; PT USD 315
- Coupang (CPNG) Upgraded from Neutral to Buy at Citi; PT USD 19
- Duolingo (DUOL) Upgraded from Underweight to Equal Weight at Wells Fargo; PT USD 120
- Edwards Lifesciences (EW) Upgraded from Hold to Buy at Truist Securities; PT USD 113
- Fortinet (FTNT) Upgraded from Neutral to Buy at Daiwa Securities; PT USD 150
- Isabella Bank (ISBA) Upgraded from Neutral to Overweight at Piper Sandler
- Nucor (NUE) Upgraded from Strong Sell to Hold at CFRA
- Navitas Semiconductor (NVTS) Upgraded from Hold to Buy at Craig-Hallum
- Navitas Semiconductor (NVTS) Upgraded from Neutral to Buy at Rosenblatt; PT USD 13
- Ouster (OUST) Upgraded from Neutral to Overweight at Cantor Fitzgerald; PT USD 45
- Revvity (RVTY) Upgraded from Hold to Buy at CFRA
- Constellation Brands (STZ) Upgraded from Underperform to Neutral at BofA Securities; PT USD 160
- Transcat (TRNS) Upgraded from Perform to Outperform at Oppenheimer; PT USD 115
DOWNGRADES
- Apple (AAPL) Downgraded from Hold to Sell at DZ Bank; PT USD 300
- Adobe (ADBE) Downgraded from Neutral to Sell at Citi; PT USD 207
- AutoNation (AN) Downgraded from Overweight to Neutral at JPMorgan; PT USD 185
- Ball (BALL) Downgraded from Overweight to Neutral at JPMorgan; PT USD 65
- Central Bancompany (CBC) Downgraded from Buy to Neutral at BofA Securities; PT USD 36.50
- Crown Holdings (CCK) Downgraded from Overweight to Neutral at JPMorgan; PT USD 121
- Cipher Digital (CIFR) Downgraded from Outperform to Market Perform at Keefe, Bruyette & Woods
- CleanSpark (CLSK) Downgraded from Outperform to Market Perform at Keefe, Bruyette & Woods
- Amdocs (DOX) Downgraded from Outperform to Perform at Oppenheimer
- Driven Brands (DRVN) Downgraded from Equalweight to Underweight at Barclays; PT USD 11
- Driven Brands (DRVN) Downgraded from Buy to Neutral at BTIG
- Flagstar Financial (FLG) Downgraded from Overweight to Underweight at Morgan Stanley; PT USD 12
- Group 1 Automotive (GPI) Downgraded from Neutral to Underweight at JPMorgan; PT USD 250
- Gartner (IT) Downgraded from Buy to Hold at Truist Securities; PT USD 210
- Phoenix Education Partners (PXED) Downgraded from Buy to Neutral at B. Riley; PT USD 36
- Visa (V) Downgraded from Buy to Hold at Freedom Broker; PT USD 427
- Exxon Mobil (XOM) Downgraded from Hold to Sell at DZ Bank; PT USD 170
INITIATIONS
- Core & Main (CNM) Initiated at Buy at Jefferies; PT USD 53
- Del Monte (DMC) Initiated at Hold at Freedom Broker; PT USD 29
- Dole (DOLE) Initiated at Buy at Freedom Broker; PT USD 20
- MiNK Therapeutics (INKT) Initiated at Buy at H.C. Wainwright; PT USD 38
- Insmed (INSM) Initiated at Buy at H.C. Wainwright; PT USD 220
- Kardigan (KARD) Initiated at Buy at H.C. Wainwright; PT USD 42
- Limoneira (LMNR) Initiated at Buy at Freedom Broker; PT USD 16
- Lockheed Martin (LMT) Initiated at Buy at Guggenheim; PT USD 735
- Lamb Weston (LW) Initiated at Hold at Freedom Broker; PT USD 52
- Netskope (NTSK) Initiated at Overweight at Cantor Fitzgerald; PT USD 28
- Supernus Pharmaceuticals (SUPN) Reinitiated at Overweight at Piper Sandler; PT USD 47
- Skyworks Solutions (SWKS) Initiated at Sell at Goldman Sachs; PT USD 78
- Daily US Equity Opening News - NVDA board considers CEO ouster after fresh affair allegations; Hon Hai Q3 net profit beat; CRWV slides on USD 4bln financing report; CTVA down on guidance cut; PFE & BX agree USD 1.5bln obesity co-funding
- EUROPEAN OPEN: NVDA falls amid further CEO allegations; Hon Hai Q3 profit tops expectations; SIE GY Q4 revenue beat, confirms SHL GY distribution; RR/ LN announces GBP 1.5bln buyback; MRK GY raises FY26 revenue & EBITDA view; HLAG GY lifts EBITDA guidance
- Newsquawk Daily European Equity Opening News - 12th November 2026
- US Senator Warren's office says the Trump administration must keep all documents and communications related to NVIDIA's (NVDA) exports of advanced AI chips to China
- Top Democrats target Trump administration's Nvidia (NVDA)-China records, with Senators Warren and Coons asking for documents to be preserved, which is often the initial step before formal congressional investigations, according to WSJ
Related headlines
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- Some NVIDIA (NVDA) directors favor CFO Kress as interim CEO, according to Semafor8 hours ago
- Alleged Chinese spy in the NVIDIA (NVDA) scandal Alice Huang is reportedly in China and is living in Beijing with the knowledge of security officials, according to Bloomberg9 hours ago
- Ukrainian President Zelensky posts that the SpaceX (SPCX) Starshield system speed limits are in effect at 161 kilometers per hour1 hour ago
- [MARKET ANALYSIS] Asia-Pac stocks are somewhat mixed amid a fallout from NVIDIA CEO's extramarital affairs7 hours ago
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- BP (BP/ LN) is reportedly in talks to sell its stake in Brazil oil discovery to Petrobras (PBR)49 min ago
- [MARKET UPDATE] Asia-Pac stocks begin mixed following the continued tech rebound during Wall St trade and the after-hours fallout from a report regarding NVIDIA CEO's affair with a Co. executive, with the board said to be preparing to oust him10 hours ago
- UK's Ofcom has imposed a financial penalty against Meta (META)43 min ago
- Alphabet's (GOOG) Google gets backing from a European court adviser on a USD 1.7bln antitrust fine1 hour ago
- Israeli Defence Minister Katz says they would not wait for permission to take action against Iran, Gaza, Lebanon, Syria, or the West Bank; decision making is up to PM Netanyahu's cabinet1 hour ago
- Russian President Putin is reportedly to speak with the US envoys at around 09:00GMT2 hours ago
- Israeli military says it struck a senior Hamas figure and other militants at Nasser Hospital in Gaza's Khan Yunis5 hours ago
- Romania's President offered to pay the US to keep its troops stationed in the country amid security concerns due to Russian drone incursions, according to FT5 hours ago
- Russian forces hit energy facilities and a military storage site in the Kyiv region, while it also struck a Ukrainian cargo vessel, according to Russia's Defence Ministry5 hours ago