US BROKER MOVES: CL downgraded at TD Cowen; DOCU downgraded at BofA

UPGRADES

  • 10X Genomics (TXG) Upgraded to Outperform at William Blair
  • Highwoods (HIW) Upgraded to Equal-Weight at Morgan Stanley; PT USD 23
  • Nubank (NU) Upgraded to Buy at XP Investimentos; PT USD 21
  • Perimeter Solutions (PRM) Upgraded to Buy at UBS

DOWNGRADES

  • Colgate-Palmolive (CL) Downgraded to Hold at TD Cowen; PT USD 85
  • Docusign (DOCU) Downgraded to Underperform at BofA; PT USD 52
  • Humacyte (HUMA) Downgraded to Speculative Buy at Benchmark; PT USD 1
  • Lincoln Electric (LECO) Downgraded to Hold at Jefferies
  • Phreesia (PHR) Downgraded to Neutral at Baird; PT USD 10
  • Phreesia (PHR) Downgraded to Hold at Truist Secs; PT USD 11
  • Phreesia (PHR) Downgraded to Neutral at Citi; PT USD 10
  • Phreesia (PHR) Downgraded to Neutral at JPMorgan; PT USD 16
  • Rockwell Automation (ROK) Downgraded to Hold at Jefferies
  • Terns (TERN) Downgraded to Hold at Truist Secs; PT USD 53
  • Vertiv Holdings (VRT) Downgraded to Hold at Jefferies

INITIATIONS

  • American Tower (AMT) Reinstated Buy at Truist Secs; PT USD 205
  • Arista Networks (ANET) Reinstated Buy at Truist Secs; PT USD 161
  • Block (XYZ) Initiated at New Buy at Loop Capital; PT USD 75
  • Bridger Aerospace Group (BAER) Initiated at New Buy at Stifel; PT USD 3.35
  • Cantor Equity Partners II (CEPT) Initiated at New Buy at Benchmark; PT USD 16
  • Cisco (CSCO) Reinstated Buy at Truist Secs; PT USD 94
  • Corning (GLW) Initiated at New Hold at Truist Secs; PT USD 125
  • Crown Castle (CCI) Reinstated Hold at Truist Secs; PT USD 90
  • Dell Technologies (DELL) Initiated at New Hold at Truist Secs; PT USD 170
  • Envoy Medical (COCH) Initiated at New Buy at HC Wainwright; PT USD 2.50
  • Equity LifeStyle (ELS) Initiated at New Outperform at Mizuho Securities
  • Fiserv (FISV) Reinstated Hold at Loop Capital; PT USD 62
  • General Electric Aerospace (GE) Reinstated Neutral at Daiwa; PT USD 301
  • HeartBeam (BEAT) Initiated at New Buy at B Riley; PT USD 4
  • HP Enterprise (HPE) Initiated at New Buy at Truist Secs; PT USD 31
  • Ingram Micro (INGM) Initiated at New Hold at Truist Secs; PT USD 25
  • Jack Henry (JKHY) Initiated at New Buy at Loop Capital; PT USD 197
  • Keysight (KEYS) Initiated at New Hold at Truist Secs; PT USD 310
  • Mastercard (MA) Reinstated Buy at Loop Capital; PT USD 631
  • MiniMed Group (MMED) Initiated at New Outperform at William Blair
  • MiniMed Group (MMED) Initiated at New Buy at Goldman; PT USD 24
  • MiniMed Group (MMED) Initiated at New Overweight at Barclays; PT USD 26
  • MiniMed Group (MMED) Initiated at New Buy at BTIG; PT USD 25
  • MiniMed Group (MMED) Initiated at New Outperform at Mizuho Securities; PT USD 21
  • MiniMed Group (MMED) Initiated at New Overweight at Morgan Stanley; PT USD 19
  • MiniMed Group (MMED) Initiated at New Buy at Citi; PT USD 23
  • MiniMed Group (MMED) Initiated at New Overweight at Wells Fargo; PT USD 26
  • MiniMed Group (MMED) Initiated at New Neutral at Piper Sandler; PT USD 16
  • Motorola Solutions (MSI) Initiated at New Buy at Truist Secs; PT USD 540
  • NiSource (NI) Reinstated Overweight at KeyBanc; PT USD 52
  • Nvidia (NVDA) Initiated at New Add at Caitong Securities
  • Paccar (PCAR) Reinstated Neutral at BNP Paribas; PT USD 126
  • Passage Bio (PASG) Initiated at New Outperform at Oppenheimer
  • PayPal (PYPL) Reinstated Hold at Loop Capital; PT USD 46
  • SBA Comms (SBAC) Reinstated Hold at Truist Secs; PT USD 193
  • Sun Communities (SUI) Initiated at New Outperform at Mizuho Securities
  • Terex (TEX) Reinstated Overweight at Barclays; PT USD 65
  • Toast (TOST) Initiated at New Hold at Loop Capital; PT USD 26
  • Versant Media (VSNT) Initiated at New Buy at Seaport Global Securities; PT USD 45
  • Versigent (VGNT-W) Initiated at New Sector Perform at RBC; PT USD 28
  • Visa (V) Reinstated Buy at Loop Capital; PT USD 387
Context

The downgrades of Colgate-Palmolive (CL) and DocuSign (DOCU) highlight negative sentiment brewing in these companies. CL's shift to a Hold reflects concerns about growth potential, while DOCU's downgrade to Underperform signals a more pessimistic outlook amid competitive pressures. Such changes could lead to stock price adjustments and may influence overall sentiment in related sectors.

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