US BROKER MOVES: BETA upgraded at Jefferies; MAT downgraded at Citi and JPMorgan
The latest broker moves indicate a mix of upgrades and downgrades, reflecting divergent outlooks for various sectors.
Newsquawk StaffPublished On the live feed at — 16 more headlines followed before this page went public
Newsquawk headlinesUTC
German Foreign Minister says Central Asia needs to do more to follow the EU's sanction against Russia
Deutsche Telekom (DTE GY) announce that it has no plans to sell T-Mobile (TMUS) shares
US BROKER MOVES: BETA upgraded at Jefferies; MAT downgraded at Citi and JPMorgan
Preview [Repost]: US Nonfarm Payrolls due Wednesday February 11th at 13:30GMT/08:30EST
Ukraine's military announce that it struck Russia's Lukoil refinery in Russia's Volgograd
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Free. No signup, no card.
UPGRADES
- BETA (BETA) upgraded from Hold to Buy at Jefferies; PT USD 30
- Clorox (CLX) upgraded from Underperform to Neutral at BNP Paribas Exane
- Monro (MNRO) upgraded from Perform to Outperform at Oppenheimer; PT USD 40
- ArcelorMittal (MT) upgraded from Hold to Buy at Jefferies; PT USD 73.20 (from USD 51.10)
- Radian Group (RDN) upgraded from Market Perform to Outperform at Keefe, Bruyette & Woods; PT USD 42 (from USD 41)
- Spotify (SPOT) upgraded from Accumulate to Buy at IndeRes; PT USD 595 (from USD 590)
- Trade Desk (TTD) upgraded from Sell to Neutral at Edgewater Research
- Tyler Technologies (TYL) upgraded from Neutral to Buy at DA Davidson; PT USD 460 (from USD 510)
DOWNGRADES
- Mattel (MAT) downgraded from Buy to Neutral at Citi; PT USD 16 (from USD 25)
- Mattel (MAT) downgraded from Neutral to Underweight at JPMorgan; PT USD 14 (from USD 23)
- Norwegian Cruise Line (NCLH) downgraded from Overweight to Equalweight at Barclays; PT USD 23
- Noble Corp. (NE) downgraded from Buy to Hold at Fearnley; PT USD 38
- Qualcomm (QCOM) downgraded from Outperform to Neutral at Daiwa Securities; PT USD 140
- Rapid7 (RPD) downgraded from Buy to Hold at Canaccord Genuity; PT USD 10 (from USD 27)
- Saia (SAIA) downgraded from Positive to Neutral at Susquehanna; PT USD 425
- Seadrill (SDRL) downgraded from Buy to Hold at Fearnley; PT USD 43
- NuScale Power (SMR) downgraded from Buy to Hold at TD Cowen
- Millicom (TIGO) downgraded from Sector Perform to Sector Underperform at Scotiabank; PT USD 43
- Trex (TREX) downgraded from Buy to Hold at Benchmark
- Webster Financial (WBS) downgraded from Outperform to Market Perform at Raymond James
- XPO Logistics (XPO) downgraded from Positive to Neutral at Susquehanna; PT USD 210
INITIATIONS
- Constellation Energy (CEG) initiated at Overweight at Barclays; PT USD 356
- Samsara (IOT) initiated at Buy at Goldman Sachs; PT USD 36
- McGrath RentCorp (MGRC) initiated at Overweight at Barclays; PT USD 140
- Prenetics (PRE) initiated at Buy at Roth/MKM; PT USD 36
- Energy Fuels (UUUU) initiated at Buy at Goldman Sachs; PT USD 30
- AtriCure (ATRC) downgraded from Overweight to Neutral at JPMorgan; PT USD 36 (from USD 48)
- Borr Drilling (BORR) downgraded from Buy to Hold at Fearnley; PT USD 5.60
- BP Plc (BP) downgraded from Hold to Sell at Melius
- Installed Building Products (IBP) downgraded from Buy to Hold at Benchmark
Context
Notably, Mattel faces significant downgrades from both Citi and JPMorgan, indicating potential challenges for its stock ahead, while other firms like ArcelorMittal and Clorox are seeing upgrades that suggest stronger performance expectations. This news highlights potential volatility in individual stock prices influenced by broker sentiment, which can impact overall market dynamics.
Related headlines
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th1 day ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources1 day ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC1 day ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran1 day ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources1 day ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- JPMorgan revises Fed forecast and now sees hikes in September and December1 day ago
The whole workspace, free to try.
Try it free