US BROKER MOVES: CRWD upgraded at Mizuho, ADBE downgraded; CPB downgraded at Bernstein
The upgrades and downgrades of several major companies provide a mixed picture for investors.
DR Congo to set up paramilitary unit to secure mines; unit to secure mines amid US and UAE partnerships, AFP reports
Israeli Army says it has begun attacking Hezbollah infrastructure in Bekaa Valley and in several areas of Southern Lebanon
US BROKER MOVES: CRWD upgraded at Mizuho, ADBE downgraded; CPB downgraded at Bernstein
Around seven ships passed through Hormuz in past 24 hours; Six tankers carrying c. 10.5mln bbls of Iranian oil turned around by US forces and returned through Hormuz to Iran in recent days, Tankertrackers reports
CBRT Governor Karahan says it maintained its tight policy stance and to tighten policy further if needed
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
UPGRADES
- CrowdStrike (CRWD) Upgraded to Outperform at Mizuho Securities; PT USD 520
- Fortinet (FTNT) Upgraded to Buy at Arete; PT USD 104
- MSC Industrial (MSM) Upgraded to Overweight at KeyBanc; PT USD 117
- OGE Energy (OGE) Upgraded to Equal-Weight at Wells Fargo; PT USD 47
- Rollins (ROL) Upgraded to Buy at Rothschild & Co Redburn; PT USD 66
- Snap (SNAP) Upgraded to Buy at Rothschild & Co Redburn; PT USD 10
DOWNGRADES
- Adobe (ADBE) Downgraded to Neutral at Mizuho Securities; PT USD 270
- AMD (AMD) Downgraded to Market Perform at Northland
- Campbell's (CPB) Downgraded to Market Perform at Bernstein; PT USD 21
- Digital Realty (DLR) Downgraded to Hold at HSBC; PT USD 210
- Gartner (IT) Downgraded to Neutral at Goldman
- GE Vernova (GEV) Downgraded to Neutral at BNP Paribas; PT USD 1,190
- Kinsale Capital (KNSL) Downgraded to Equal-Weight at Wells Fargo; PT USD 357
- KKR Real Estate Finance (KREF) Downgraded to Market Perform at Citizens
- Pinterest (PINS) Downgraded to Neutral at Rothschild & Co Redburn; PT USD 23
- Terns (TERN) Downgraded to Market Perform at Oppenheimer
INITIATIONS
- Celcuity (CELC) Initiated at New Market Outperform at Citizens; PT USD 150
- Cohu (COHU) Initiated at New Buy at Jefferies; PT USD 55
- Commvault Systems (CVLT) Initiated at New Hold at Jefferies; PT USD 105
- DDC Enterprise (DDC) Initiated at New Buy at Benchmark; PT USD 3
- DoorDash (DASH) Initiated at New Buy at TD Cowen; PT USD 225
- Galaxy Digital (GLXY) Initiated at New Buy at Chardan Capital Markets; PT USD 35
- HMH Holding (HMH) Initiated at New Overweight at JPMorgan; PT USD 26
- HMH Holding (HMH) Initiated at New Buy at Stifel; PT USD 27
- HMH Holding (HMH) Initiated at New Overweight at Piper Sandler; PT USD 32
- HMH Holding (HMH) Initiated at New Buy at Citi; PT USD 30
- Keel Infrastructure (KEEL) Initiated at New Buy at Chardan Capital Markets
- LB Pharmaceuticals (LBRX) Initiated at New Buy at HC Wainwright; PT USD 45
- Matson (MATX) Initiated at New Overweight at JPMorgan; PT USD 230
- Micron (MU) Initiated at New Buy at Melius
- Mineralys Therapeutics (MLYS) Initiated at New Buy at TD Cowen
- NRG Energy (NRG) Initiated at New Buy at President Capital Management
- Powell Industries (POWL) Initiated at New Overweight at JPMorgan; PT USD 310
- Riot Platforms (RIOT) Initiated at New Buy at Chardan Capital Markets
- Rubrik (RBRK) Initiated at New Buy at Jefferies; PT USD 65
- Sandisk (SNDK) Initiated at New Buy at Melius
- Shattuck Labs (STTK) Initiated at New Overweight at Cantor
- Stubhub (STUB) Initiated at New Equal-Weight at Morgan Stanley; PT USD 8.25
- TuHURA Biosciences Inc (HURA) Initiated at New Market Outperform at Citizens
CrowdStrike's upgrade to 'Outperform' suggests strong confidence in its performance, potentially hinting at bullish sentiment in cybersecurity, while Adobe's downgrade to 'Neutral' indicates caution around its growth prospects, particularly in a competitive software landscape. Traders should consider how these changes may influence sector sentiment and overall market dynamics, especially if other firms in the tech and consumer sectors respond accordingly.
Related headlines
- Newsquawk Daily European Equity Opening News - 9th September 20266 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 15 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging12 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal3 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks12 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs14 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies15 hours ago
- Sam Altman privately told a group of GOP economists he does NOT support having the government own shares in OpenAI, reports Washington Sun28 min ago
- OpenAI is launching ChatGPT Images 2.5 on Tuesday, Axios reports17 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202614 hours ago
- OpenAI's Tibo says "Demand for Astra is really unprecedented." and "Priority will always be to keep excellent service for existing users, but we might have to pause new Pro subscriptions for a bit if this continues."5 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)10 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results6 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent2 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates9 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 203011 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes5 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture29 min ago
- Amazon (AMZN) plans to issue multiple series of sterling-denominated notes39 min ago
- Baker Hughes (BKR) guides FY26 revenue USD 28.5-30.3bln (prev. USD 26.7-28.1bln) and adj. EBITDA USD 4.9-5.5bln (prev. USD 4.6-5.1bln), according to SEC filing1 hour ago
The whole workspace, free to try.
Try it free