US BROKER MOVES: CGNX upgraded at JPM; CI downgraded at Barclays
UPGRADES
- Albemarle (ALB) Upgraded to Buy at Vertical Research Partners; PT USD 224
- Allient (ALNT) Upgraded to Overweight at JPMorgan; PT USD 80 (prev. USD 65)
- Booz Allen Hamilton (BAH) Upgraded to Buy at Stifel; PT USD 110 (prev. USD 115)
- Cognex (CGNX) Upgraded to Overweight at JPMorgan; PT USD 75 (prev. USD 65)
- Lear (LEA) Upgraded to Buy at TD Cowen; PT USD 165 (prev. USD 138)
- Okta (OKTA) Upgraded to Buy at Arete; PT USD 127
- Occidental Petroleum (OXY) Upgraded to Overweight at Barclays; PT USD 72 (prev. USD 59)
- Pembina Pipeline (PBA) Upgraded to Buy at TD Cowen
- Timken (TKR) Upgraded to Overweight at JPMorgan; PT USD 150 (prev. USD 130)
- Travelers (TRV) Upgraded to Neutral at JPMorgan; PT USD 322 (prev. USD 316)
- Ternium (TX) Upgraded to Outperform at Itau BBA; PT USD 59
DOWNGRADES
- Astera Labs (ALAB) Downgraded to Market Perform at Northland
- BridgeBio Pharma (BBIO) Downgraded to Market Perform at Raymond James
- BayCom (BCML) Downgraded to Neutral at DA Davidson; PT USD 34
- Cigna (CI) Downgraded to Equalweight at Barclays; PT USD 304 (prev. USD 310)
- Cosan (CSAN) Downgraded to Reduce at HSBC; PT USD 3.20 (prev. USD 5.00)
- Intel (INTC) Downgraded to Market Perform at Northland
- Semtech (SMTC) Downgraded to Market Perform at Northland
- Vodafone (VOD) Downgraded to Underperform at BofA Securities; PT USD 13.13 (prev. USD 15.55)
INITIATIONS
- Amentum Holdings (AMTM) Initiated at New Underperform at BNP Paribas Exane; PT USD 22
- Connect Biopharma (CNTB) Initiated at New Buy at Canaccord; PT USD 6
- Dave (DAVE) Initiated at New Buy at UBS; PT USD 300
- Danaher (DHR) Initiated at New Buy at Citi; PT USD 230
- DT Midstream (DTM) Initiated at New Sector Outperform at Scotiabank; PT USD 176
- Parsons (PSN) Initiated at New Underperform at BNP Paribas Exane
- Regis (RGS) Initiated at New Buy at Lake Street; PT USD 42
- Telos (TLS) Initiated at New Buy at Needham
- Verrica Pharmaceuticals (VRCA) Initiated at New Buy at H.C. Wainwright; PT USD 12
- Varonis Systems (VRNS) Initiated at New Sector Weight at KeyBanc
- Woodward (WWD) Initiated at New Positive at Susquehanna; PT USD 423
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