US BROKER MOVES: COIN upgraded at Goldman Sachs; ADBE downgraded at Jefferies
Importance
Level 1
UPGRADES
- Arista Networks (ANET) Upgraded to Overweight at Piper Sandler; PT USD 159
- ARM Holdings (ARM) ADRs Upgraded to Outperform at Oddo BHF; PT USD 170
- Centene (CNC) Upgraded to Overweight at Barclays
- Church & Dwight (CHD) Upgraded to Outperform at Raymond James; PT USD 100
- Citizens Financial (CFG) Upgraded to Overweight at Barclays; PT USD 77
- Coinbase (COIN) Upgraded to Buy at Goldman; PT USD 303
- CoreWeave (CRWV) Upgraded to Neutral at DA Davidson; PT USD 68
- Costco (COST) Upgraded to Outperform at Mizuho Securities; PT USD 1,000
- Cullen/Frost (CFR) Upgraded to Outperform at KBW; PT USD 150
- Dover (DOV) Upgraded to Buy at UBS; PT USD 256
- Duolingo (DUOL) Upgraded to Buy at BofA
- Emerson Electric (EMR) Upgraded to Buy at UBS; PT USD 168
- Enphase Energy (ENPH) Upgraded to Sector Weight at KeyBanc
- Equitable Holdings (EQH) Upgraded to Overweight at JPMorgan; PT USD 60
- F5 Inc. (FFIV) Upgraded to Outperform at RBC; PT USD 325
- F5 Inc. (FFIV) Upgraded to Overweight at Piper Sandler; PT USD 295
- First Industrial Realty (FR) Upgraded to Buy at Deutsche Bank; PT USD 67
- Heartland Express (HTLD) Upgraded to Outperform at Baird; PT USD 12
- Hershey (HSY) Upgraded to Equal-Weight at Wells Fargo; PT USD 182
- Huntington Ingalls (HII) Upgraded to Buy at Melius
- IBM (IBM) Upgraded to Buy at Jefferies; PT USD 360
- Intel (INTC) Upgraded to Buy at Melius; PT USD 50
- Ironwood (IRWD) Upgraded to Market Outperform at Citizens; PT USD 8
- Kinetik (KNTK) Upgraded to Outperform at Raymond James; PT USD 46
- Marvell Technology (MRVL) Upgraded to Buy at Melius; PT USD 135
- Mobileye (MBLY) Upgraded to Overweight at Barclays; PT USD 16
- Moody's (MCO) Upgraded to Buy at Stifel; PT USD 574
- Motorola Solutions (MSI) Upgraded to Overweight at Piper Sandler
- Oscar Health (OSCR) Upgraded to Equal-Weight at Barclays
- Palo Alto Networks (PANW) Upgraded to Neutral at Guggenheim
- Procore Technologies (PCOR) Upgraded to Overweight at Barclays; PT USD 90
- Roku (ROKU) Upgraded to Buy at Arete; PT USD 132
- Sight Sciences (SGHT) Upgraded to Overweight at Piper Sandler; PT USD 9
- Sunstone Hotel (SHO) Upgraded to Overweight at Wells Fargo; PT USD 11
- Tactile Systems (TCMD) Upgraded to Overweight at Piper Sandler; PT USD 35
- United Rentals (URI) Upgraded to Buy at UBS; PT USD 1,025
- Varonis Systems (VRNS) Upgraded to Overweight at Piper Sandler; PT USD 47
- Woodward (WWD) Upgraded to Buy at Melius
DOWNGRADES
- Adobe (ADBE) Downgraded to Hold at Jefferies; PT USD 400
- AutoZone (AZO) Downgraded to Neutral at Mizuho Securities; PT USD 3,550
- Crown Castle (CCI) Downgraded to Neutral at New Street Research; PT USD 93
- Domino's Pizza (DPZ) Downgraded to Hold at TD Cowen; PT USD 460
- EastGroup (EGP) Downgraded to Hold at Deutsche Bank; PT USD 185
- Eaton Corp (ETN) Downgraded to Neutral at UBS; PT USD 360
- EToro Group (ETOR) Downgraded to Neutral at Goldman; PT USD 39
- EverCommerce (EVCM) Downgraded to Sector Perform at RBC; PT USD 12
- Five9 (FIVN) Downgraded to Neutral at Piper Sandler; PT USD 21
- Fortive (FTV) Downgraded to Underperform at Mizuho Securities; PT USD 51
- Heritage Commerce (HTBK) Downgraded to Equal-Weight at Stephens
- Hess Midstream (HESM) Downgraded to Market Perform at Raymond James
- MPLX (MPLX) Downgraded to Market Perform at Raymond James
- Netflix (NFLX) Downgraded to Hold at CFRA; PT USD 100
- PagerDuty (PD) Downgraded to Sector Perform at RBC; PT USD 15
- Pentair (PNR) Downgraded to Sell at TD Cowen; PT USD 90
- Principal Financial (PFG) Downgraded to Neutral at JPMorgan; PT USD 103
- Rapid7 (RPD) Downgraded to Underweight at Barclays
- Roper (ROP) Downgraded to Underperform at Mizuho Securities; PT USD 419
- RTX Corp (RTX) Downgraded to Neutral at UBS; PT USD 199
- SentinelOne (S) Downgraded to Neutral at Piper Sandler; PT USD 17
- State Street (STT) Downgraded to Equal-Weight at Barclays; PT USD 152
- Truist Financial (TFC) Downgraded to Underweight at Barclays; PT USD 56
- Twilio (TWLO) Downgraded to Neutral at Piper Sandler; PT USD 148
- Uber (UBER) Downgraded to Sell at Melius; PT USD 73
INITIATIONS
- Akari Therapeutics (AKTX) ADRs Initiated at New Buy at Ladenburg Thalmann
- BitMine Immersion Technologies (BMNR) Initiated at New Overweight at Cantor
- Cardinal Infrastructure Group (CDNL) US Initiated at New Outperform at William Blair
- Cardinal Infrastructure Group (CDNL) Initiated at New Buy at Stifel; PT USD 28
- Compass Therapeutics (CMPX) Initiated at New Outperform at William Blair
- Eastern Bankshares (EBC) Initiated at New Outperform at Hovde Group
- Lumexa Imaging (LMRI) Initiated at New Outperform at Raymond James; PT USD 23
- Lumexa Imaging (LMRI) Initiated at New Outperform at Leerink; PT USD 23
- Lumexa Imaging (LMRI) Initiated at New Outperform at William Blair
- Lumexa Imaging (LMRI) Initiated at New Overweight at Wells Fargo; PT USD 22
- Lumexa Imaging (LMRI) Initiated at New Overweight at Barclays; PT USD 23
- Lumexa Imaging (LMRI) Initiated at New Buy at Jefferies; PT USD 23
- Lumexa Imaging (LMRI) Initiated at New Overweight at JPMorgan; PT USD 23
- MediciNova (MNOV) Initiated at New Buy at Lucid Capital Markets; PT USD 11
- Pinnacle Financial Partners (PNFP) Initiated at New Buy at DA Davidson
- Sharplink Gaming (SBET) Initiated at New Overweight at Cantor; PT USD 15
- SuRo Capital Corp (SSSS) Initiated at New Buy at Lucid Capital Markets; PT USD 12
- VTV Therapeutics (VTVT) Initiated at New Buy at TD Cowen; PT USD 67
- Waters (WAT) Initiated at New Outperform at William Blair
- Watts Water (WTS) Reinstated Sector Perform at RBC; PT USD 288
- Zurn Elkay Water (ZWS) Initiated at New Sector Perform at RBC; PT USD 49
#ADBE.US#AZO.US#COST.US#CCI.US#DOV.US#ETN.US#EMR.US#FFIV.US#HSY.US#INTC.US#IBM.US#MCO.US#MSI.US#NFLX.US#PNR.US#PFG.US#ROP.US#STATE STREET CORP#STT.US#WATERS CORP#WAT.US#WELLS FARGO & CO#COWEN GROUP INC#ENPH.US#HTLD.US#HTBK.US#IMMERSION CORP#IRWD.US#MRVL.US#MEDICINOVA INC#MNOV.US#PNFP.US#VRNS.US#WWD.US#DEUTSCHE BANK AG#BARCLAYS PLC#UBS AG#CNC.US#EGP.US#FR.US#SHO.US#WTS.US#PERFORM GROUP PLC#CFR.US#CHD.US#DPZ.US#HII.US#PANW.US#S.US#URI.US#MPLX.US#EU SESSION#US SESSION#ANET.US#CAPITAL MARKETS#ADBE#FFIV#RTX#STT#TFC#UBER#DXY#US EQUITIES