US BROKER MOVES: AMT upgraded at RBC; NKE downgraded at KeyBanc
Newsquawk Staff ·
UPGRADES
- Allegiant Travel (ALGT) Upgraded from Neutral to Buy at Citi; PT USD 156.00 (prev. USD 98.00)
- American Homes 4 Rent (AMH) Upgraded from Market Perform to Outperform at BMO Capital; PT USD 39.00
- American Tower (AMT) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 205.00 (prev. USD 195.00)
- Barnes & Noble Education (BNED) Upgraded from Hold to Buy at Needham; PT USD 16.00
- Americold Realty Trust (COLD) Upgraded from In Line to Outperform at Evercore ISI; PT USD 18.00
- Crocs (CROX) Upgraded from Neutral to Overweight at Piper Sandler; PT USD 150.00
- Essex Property Trust (ESS) Upgraded from Market Perform to Outperform at Raymond James; PT USD 320.00
- FuelCell Energy (FCEL) Upgraded from Hold to Buy at Jefferies; PT USD 24.00 (prev. USD 16.00)
- H.B. Fuller (FUL) Upgraded from Neutral to Overweight at JPMorgan; PT USD 67.00 (prev. USD 58.00)
- Qualcomm (QCOM) Upgraded from Hold to Buy at DZ Bank; PT USD 265.00
DOWNGRADES
- Arcosa (ACA) Downgraded from Outperform to Perform at Oppenheimer
- Open Lending (LPRO) Downgraded from Buy to Neutral at DA Davidson; PT USD 3.15 (prev. USD 3.00)
- Macerich (MAC) Downgraded from Buy to Neutral at Compass Point; PT USD 26.00
- Methode Electronics (MEI) Downgraded from Buy to Neutral at Sidoti; PT USD 17.00
- Nike (NKE) Downgraded from Overweight to Sector Weight at KeyBanc
- ON Semiconductor (ON) Downgraded from Buy to Hold at TD Cowen; PT USD 110.00 (prev. USD 115.00)
- Quantum (QMCO) Downgraded from Outperform to Market Perform at Northland; PT USD 13.00
- Spire (SR) Downgraded from Overweight to Neutral at JPMorgan; PT USD 85.00 (prev. USD 84.00)
- Synaptics (SYNA) Downgraded from Buy to Hold at TD Cowen; PT USD 150.00
- Synaptics (SYNA) Downgraded from Buy to Neutral at Rosenblatt; PT USD 160.00
- Synaptics (SYNA) Downgraded from Outperform to Market Perform at Northland
- Synaptics (SYNA) Downgraded from Positive to Neutral at Susquehanna; PT USD 140.00 (prev. USD 125.00)
- Trip.com (TCOM) Downgraded from Outperform to Neutral at Macquarie; PT USD 44.30 (prev. USD 70.90)
- Bio-Techne (TECH) Downgraded from Buy to Hold at Deutsche Bank; PT USD 73.00
- Bio-Techne (TECH) Downgraded from Outperform to Market Perform at William Blair
- Taylor Morrison Home (TMHC) Downgraded from Outperform to Market Perform at Raymond James
INITIATIONS
- Achieve Life Sciences (ACHV) Initiated with Strong Buy at Raymond James, PT USD 20/shr
- American Tower (AMT) Initiated with Buy at Goldman Sachs, PT USD 215/shr
- Belden (BDC) Initiated with Buy at Citi, PT USD 150/shr
- Boyd Gaming (BYD) Initiated with Neutral at Goldman Sachs, PT USD 91/shr
- Crown Castle (CCI) Initiated with Neutral at Goldman Sachs, PT USD 95/shr
- Connect Biopharma (CNTB) Initiated with Overweight at Piper Sandler, PT USD 7/shr
- Dyne Therapeutics (DYN) Initiated with Buy at TD Cowen
- HONAV (HONAV) Initiated with Outperform at RBC Capital, PT USD 300/shr
- Robinhood Markets (HOOD) Initiated with Buy at BTIG, PT USD 125/shr
- INFQ (INFQ) Initiated with Outperform at Wedbush, PT USD 20/shr
- Infosys (INFY) Initiated with Equal Weight at Wells Fargo, PT USD 11/shr
- Mosaic (MOS) Initiated with Buy at Rothschild Redburn, PT USD 30/shr
- Nu Holdings (NU) Initiated with Buy at Needham, PT USD 17/shr
- PENN Entertainment (PENN) Initiated with Buy at Goldman Sachs, PT USD 26/shr
- Provident Financial (PROV) Initiated with Neutral at Piper Sandler, PT USD 17/shr
- Red Rock Resorts (RRR) Initiated with Buy at Goldman Sachs, PT USD 72/shr
- SBA Communications (SBAC) Initiated with Neutral at Goldman Sachs, PT USD 205/shr
- VSE (VSEC) Initiated with Equalweight at Morgan Stanley, PT USD 245/shr
- Kimi K3.1 Pro AI model builds GTA VI-style (TTWO) playable game demo in just 10 hours for USD 52, developer claims on X; showcases AI’s ability to generate video game experiences - UNCONFIRMED
- The Trump administration plans to introduce voluntary “US Caught Seafood” labels to help consumers identify seafood origins, according to CBS
- US EQUITY OPEN: Breadth poor at the open: Energy leads gains on oil rally, Tech sees slight bounce
- Daily US Equity Opening News: SPCX explores access to 80K US cell sites; OpenAI nears USD 30bln funding at $1.25T valuation
- Oracle (ORCL) to invest USD 1bln in partner ecosystem over 4 years
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