US BROKER MOVES: CRWD upgraded at Piper Sandler; OWL downgraded at Barclays
UPGRADES
- Aehr Test Systems (AEHR) upgraded from Neutral to Outperform at William Blair
- AppLovin (APP) upgraded from Sell to Neutral at Arete; PT USD 340
- CrowdStrike (CRWD) upgraded from Neutral to Overweight at Piper Sandler; PT USD 520
- Dorman Products (DORM) upgraded from Hold to Buy at Jefferies; PT USD 140
- Dutch Bros (BROS) upgraded from Neutral to Buy at Goldman; PT USD 75
- First American (FAF) upgraded from Equal-Weight to Overweight at Stephens; PT USD 81
- Flywire (FLYW) upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 17
- Frontdoor (FTDR) upgraded from Sell to Neutral at Goldman; PT USD 67
- Hyster-Yale (HY) upgraded from Market Perform to Outperform at Northland; PT USD 50
- JetBlue (JBLU) upgraded from Underweight to Equal-Weight at Barclays
- Netflix (NFLX) upgraded from Neutral to Overweight at JPMorgan; PT USD 120
- South Plains (SPFI) upgraded from Neutral to Overweight at Piper Sandler; PT USD 48
- StepStone (STEP) upgraded from Equal-Weight to Overweight at Barclays; PT USD 55
- Twilio (TWLO) upgraded from Hold to Buy at TD Cowen; PT USD 160
- Zions (ZION) upgraded from Equal-Weight to Overweight at Morgan Stanley; PT USD 75
DOWNGRADES
- Aardvark Therapeutics (AARD) downgraded from Buy to Neutral at H.C. Wainwright
- Aardvark Therapeutics (AARD) downgraded from Overweight to Equal-Weight at Morgan Stanley
- Aardvark Therapeutics (AARD) downgraded from Outperform to Sector Perform at RBC; PT USD 6
- Aardvark Therapeutics (AARD) downgraded from Buy to Hold at Stifel; PT USD 6
- Arcellx (ACLX) downgraded from Buy to Hold at TD Cowen
- AZZ (AZZ) downgraded from Overweight to Equal-Weight at Wells Fargo; PT USD 132
- Blue Owl Capital (OWL) downgraded from Overweight to Equal-Weight at Barclays; PT USD 11
- Fiverr (FVRR) downgraded from Buy to Neutral at BTIG
- Frontier Airlines (ULCC) downgraded from Equal-Weight to Underweight at Barclays
- GitLab (GTLB) downgraded from Buy to Hold at TD Cowen; PT USD 29
- Novo (NVO) downgraded from Buy to Neutral at Goldman; PT USD 41
- Playtika (PLTK) downgraded from Buy to Neutral at Wedbush; PT USD 3
- SITE Centers (SITC) downgraded from Overweight to Neutral at Piper Sandler; PT USD 6.50
INITIATIONS
- Bob's Discount Furniture (BOBS) initiated at Outperform at Raymond James
- Bob's Discount Furniture (BOBS) initiated at Buy at Loop Capital; PT USD 28
- Bob's Discount Furniture (BOBS) initiated at Neutral at Baird; PT USD 22
- Bob's Discount Furniture (BOBS) initiated at Overweight at Morgan Stanley
- Bob's Discount Furniture (BOBS) initiated at Outperform at RBC; PT USD 26
- Bob's Discount Furniture (BOBS) initiated at Overweight at JPMorgan
- Bob's Discount Furniture (BOBS) initiated at Neutral at Goldman; PT USD 25
- Bob's Discount Furniture (BOBS) initiated at Overweight at KeyBanc; PT USD 28
- Bob's Discount Furniture (BOBS) initiated at Buy at UBS; PT USD 27
- Didi Global (DIDIY) ADRs initiated at Buy at UOB Kay Hian; PT USD 6.60
- Dynatrace (DT) initiated at Neutral at Macquarie; PT USD 36
- Eikon Therapeutics (EIKN) initiated at Overweight at Cantor
- Eikon Therapeutics (EIKN) initiated at Outperform at Mizuho Securities
- Eikon Therapeutics (EIKN) initiated at Overweight at Morgan Stanley
- Eikon Therapeutics (EIKN) initiated at Overweight at JPMorgan; PT USD 29
- Forgent Power Solutions (FPS) initiated at Outperform at Oppenheimer
- Forgent Power Solutions (FPS) initiated at Buy at TD Cowen; PT USD 45
- Forgent Power Solutions (FPS) initiated at Equal-Weight at Morgan Stanley
- Forgent Power Solutions (FPS) initiated at Overweight at Barclays; PT USD 44
- Forgent Power Solutions (FPS) initiated at Overweight at JPMorgan; PT USD 40
- Forgent Power Solutions (FPS) initiated at Overweight at KeyBanc; PT USD 41
- Forgent Power Solutions (FPS) initiated at Buy at Jefferies; PT USD 44
- Forgent Power Solutions (FPS) initiated at Buy at Goldman; PT USD 48
- NextTrip (NTRP) initiated at Buy at Ascendiant Capital; PT USD 7
- Regentis Biomaterials (RGNT) initiated at Buy at ThinkEquity; PT USD 10
- Relmada Therapeutics (RLMD) initiated at Buy at Lucid Capital Markets
- VeraDermics (MANE) initiated at Outperform at Leerink; PT USD 75
- VeraDermics (MANE) initiated at Buy at Citi; PT USD 85
- VeraDermics (MANE) initiated at Buy at Jefferies; PT USD 75
- VeraDermics (MANE) initiated at Overweight at Cantor
- Versant Media (VSNT) initiated at Hold at TD Cowen; PT USD 32
Context
The upgrades for CrowdStrike (CRWD) and several others indicate a bullish sentiment from Piper Sandler, which may prompt a positive reassessment of these stocks by the market. Conversely, Blue Owl Capital's downgrade at Barclays suggests a potential headwind, revealing a more cautious outlook that may weigh on investor sentiment. Overall, these ratings reflect shifting analyst perspectives that can influence sector positioning and market dynamics.
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