US BROKER MOVES: CRWD upgraded at Berenberg; STNG double downgraded at BofA
CrowdStrike (CRWD) receiving an upgrade to 'Buy' at Berenberg is a bullish signal for the stock, especially given its high target price of $600, suggesting analysts see significant upside potential.
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US BROKER MOVES: CRWD upgraded at Berenberg; STNG double downgraded at BofA
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UPGRADES
- Airbnb (ABNB) Upgraded to Equal-Weight at Barclays; PT USD 120
- Airbnb (ABNB) Upgraded to Equal-Weight at Wells Fargo; PT USD 128
- Allogene (ALLO) Upgraded to Market Outperform at Citizens; PT USD 5
- Altria (MO) Upgraded to Buy at UBS; PT USD 63
- American Air (AAL) Upgraded to Positive at Susquehanna; PT USD 20
- Ardelyx (ARDX) Upgraded to Overweight at Piper Sandler
- Array (ARRY) Upgraded to Buy at TD Cowen; PT USD 12
- CareTrust REIT (CTRE) Upgraded to Outperform at BMO; PT USD 43
- Choice Hotels (CHH) Upgraded to Buy at Truist Secs; PT USD 126
- Cleveland-Cliffs (CLF) Upgraded to Overweight at Morgan Stanley; PT USD 17
- Cousins Properties (CUZ) Upgraded to Outperform at BMO; PT USD 31
- CrowdStrike (CRWD) Upgraded to Buy at Berenberg; PT USD 600
- DiamondRock Hospitality (DRH) Upgraded to Buy at Truist Secs; PT USD 11
- Donaldson (DCI) Upgraded to Buy at Jefferies; PT USD 120
- Doximity (DOCS) Upgraded to Neutral at Goldman; PT USD 49
- Edwards Life (EW) Upgraded to Buy at TD Cowen; PT USD 97
- Expeditors (EXPD) Upgraded to Buy at BofA
- FedEx (FDX) Upgraded to Buy at BofA; PT USD 365
- Generac (GNRC) Upgraded to Outperform at Baird; PT USD 199
- H2O America (HTO) Upgraded to Buy at BTIG; PT USD 61
- Host Hotels (HST) Upgraded to Buy at Truist Secs; PT USD 21
- Independence Realty (IRT) Upgraded to Outperform at BMO; PT USD 22
- Lockheed (LMT) Upgraded to Buy at Truist Secs; PT USD 605
- Marriott Intl (MAR) Upgraded to Outperform at BMO; PT USD 370
- Mid-America (MAA) Upgraded to Outperform at BMO; PT USD 158
- MoonLake Immunotherapeutics (MLTX) Upgraded to Buy at BTIG; PT USD 24
- NuScale Power (SMR) Upgraded to Neutral at BofA; PT USD 28
- Ormat (ORA) Upgraded to Buy at TD Cowen; PT USD 130
- Oscar Health (OSCR) Upgraded to Neutral at UBS; PT USD 17
- Quanta Services (PWR) Upgraded to Buy at Seaport Global Securities
DOWNGRADES
- Adobe (ADBE) Downgraded to Market Perform at BMO; PT USD 375
- American Homes (AMH) Downgraded to Market Perform at BMO; PT USD 37
- American Tower (AMT) Downgraded to Market Perform at BMO; PT USD 185
- AXT (AXTI) Downgraded to Neutral at B Riley; PT USD 18
- Confluent (CFLT) Downgraded to Market Perform at Citizens
- Emerson Electric (EMR) Downgraded to Hold at TD Cowen; PT USD 150
- Equity Residential (EQR) Downgraded to Market Perform at BMO; PT USD 68
- Essex Property (ESS) Downgraded to Market Perform at BMO; PT USD 280
- GE Vernova (GEV) Downgraded to Neutral at Baird; PT USD 649
- HealthEquity (HQY) Downgraded to Sell at Goldman; PT USD 89
- Hudson Pacific (HPP) Downgraded to Market Perform at BMO; PT USD 11
- iHeartMedia (IHRT) Downgraded to Sell at Goldman; PT USD 3.50
- Intuitive Machines (LUNR) Downgraded to Hold at Stifel; PT USD 20
- Mattel (MAT) Downgraded to Neutral at Goldman; PT USD 21
- Northrop Grumman (NOC) Downgraded to Hold at Truist Secs; PT USD 623
- Nucor (NUE) Downgraded to Equal-Weight at Morgan Stanley; PT USD 180
- Omega Healthcare (OHI) Downgraded to Market Perform at BMO; PT USD 45
- On Holding (ONON) Downgraded to Hold at Williams Trading; PT USD 47
- Plug Power (PLUG) Downgraded to Hold at TD Cowen; PT USD 2
- Qualcomm (QCOM) Downgraded to Neutral at Mizuho Securities; PT USD 175
- Regency Centers (REG) Downgraded to Neutral at Mizuho Securities; PT USD 74
- Scorpio Tankers (STNG) Downgraded to Underperform at BofA
- Steel Dynamics (STLD) Downgraded to Equal-Weight at Morgan Stanley; PT USD 194
- Zillow (ZG) Downgraded to Neutral at Mizuho Securities; PT USD 70
- Zimmer Biomet (ZBH) Downgraded to Sell at Goldman; PT USD 93
INITIATIONS
- Alexandria Real Estate (ARE) Initiated at New Equal-Weight at Morgan Stanley
- Auna (AUNA) Initiated at New Buy at Inteligo SAB; PT USD 10.90
- Autodesk (ADSK) Initiated at New Buy at Rothschild & Co Redburn; PT USD 375
- Bowman Consulting Group (BWMN) Initiated at New Neutral at JPMorgan; PT USD 40
- BridgeBio Oncology Therapeutics (BBOT) US Initiated at New Outperform at Raymond James; PT USD 24
- Cava Group (CAVA) Initiated at New Outperform at Telsey; PT USD 85
- Chipotle (CMG) Reinstated Outperform at Telsey; PT USD 50
- Claritev Corp (CTEV) Initiated at New Equal-Weight at Wells Fargo; PT USD 33
- Con Edison (ED) Initiated at New Hold at TD Cowen; PT USD 105
- Constellation Energy (CEG) Initiated at New Buy at TD Cowen; PT USD 440
- Crescent Energy Co (CRGY) Initiated at New Market Perform at BMO; PT USD 10
- Dominion Energy (D) Initiated at New Hold at TD Cowen; PT USD 65
- Doximity (DOCS) Initiated at New Outperform at RBC; PT USD 59
- DraftKings (DKNG) Initiated at New Hold at Texas Capital; PT USD 39
- Entergy (ETR) Initiated at New Buy at TD Cowen; PT USD 108
- Flutter (FLUT) Initiated at New Buy at Texas Capital; PT USD 294
- Healthpeak Properties (DOC) Initiated at New Neutral at Goldman; PT USD 17
- Hinge Health (HNGE) Initiated at New Overweight at Wells Fargo; PT USD 68
- LB Pharmaceuticals (LBRX) Initiated at New Buy at Roth Capital Partners
- Magnolia Oil & Gas (MGY) Initiated at New Outperform at BMO; PT USD 27
- MGM Resorts (MGM) Initiated at New Buy at Texas Capital; PT USD 56
- Monopar (MNPR) Initiated at New Overweight at Morgan Stanley; PT USD 115
- Nasdaq Inc. (NDAQ) Initiated at New Buy at William O'Neil
- Novo (NVO) ADRs Initiated at New Outperform at CICC; PT USD 73.50
- Omada Health (OMDA) Initiated at New Equal-Weight at Wells Fargo; PT USD 17
- Omega Healthcare (OHI) Reinstated Buy at Goldman; PT USD 54
- Palisade Bio Inc (PALI) Initiated at New Buy at B Riley; PT USD 7
- Phreesia (PHR) Initiated at New Overweight at Wells Fargo; PT USD 30
- RadNet (RDNT) Initiated at New Overweight at KeyBanc; PT USD 92
- RAPT Therapeutics (RAPT) Reinstated Overweight at Piper Sandler; PT USD 95
- Scholar Rock (SRRK) Initiated at New Buy at Citi; PT USD 55
- SharkNinja (SN) Initiated at New Buy at William O'Neil
- Sonida Senior Living (SNDA) Initiated at New Neutral at Baird; PT USD 35
- TIC Solutions (TIC) Initiated at New Overweight at JPMorgan; PT USD 16
- Ventas (VTR) Reinstated Buy at Goldman; PT USD 94
- Vor BioPharma (VOR) Initiated at New Buy at Citi; PT USD 50
- Waystar (WAY) Initiated at New Overweight at Wells Fargo; PT USD 41
- Wingstop (WING) Reinstated Buy at Loop Capital; PT USD 317
- Wynn Resorts (WYNN) Initiated at New Buy at Texas Capital; PT USD 155
Context
Conversely, Scorpio Tankers (STNG) being double downgraded to 'Underperform' at BofA indicates a bearish outlook, which may prompt investors to reassess their positions in the stock. Overall, these analyst moves can influence market sentiment and trading strategies across the respective sectors.
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