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FEBRUARY 11, 2026 AT 01:12 PM

US BROKER MOVES: BETA upgraded at Jefferies; MAT downgraded at Citi and JPMorgan

Importance
Level 1

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