US BROKER MOVES: DE upgraded at Jefferies; COIN downgraded at Barclays
UPGRADES
- Clean Harbors (CLH) Raised to Buy at Citi; PT USD 346
- Deere (DE) Raised to Hold at Jefferies; PT USD 550
- Freshpet (FRPT) Raised to Buy at TD Cowen; PT USD 80
- GATX (GATX) Raised to Buy at Citi; PT USD 211
- LPL Financial (LPLA) Raised to Buy at UBS; PT USD 380
- Perella Weinberg Partners (PWP) Raised to Outperform at KBW; PT USD 21
- PJT Partners (PJT) Raised to Outperform at KBW; PT USD 166
- T-Mobile (TMUS) Raised to Buy at MoffettNathanson LLC; PT USD 254
- Viasat (VSAT) Raised to Equal-Weight at Barclays; PT USD 49
DOWNGRADES
- Airo Group (AIRO) Downgraded to Neutral at BTIG
- Broadcom (AVGO) Downgraded to Neutral at Seaport Global Securities
- Coinbase (COIN) Downgraded to Underweight at Barclays; PT USD 140
- Diamondback (FANG) Downgraded to Neutral at Roth Capital Partners; PT USD 200
- Doximity (DOCS) Downgraded to Inline at Evercore ISI
- First Citizens (FCNCA) Downgraded to Hold at Deutsche Bank; PT USD 2,154
- General Dynamics (GD) Downgraded to Hold at Deutsche Bank; PT USD 387
- Lazard (LAZ) Downgraded to Market Perform at KBW; PT USD 47
- Magnolia Oil & Gas (MGY) Downgraded to Neutral at Roth Capital Partners
- Matador Resources (MTDR) Downgraded to Neutral at Roth Capital Partners
- Permian Resources (PR) Downgraded to Neutral at Roth Capital Partners
- SM Energy (SM) Downgraded to Neutral at Roth Capital Partners; PT USD 33
- Soleno (SLNO) Downgraded to Neutral at HC Wainwright
- Talos Energy (TALO) Downgraded to Neutral at Roth Capital Partners; PT USD 16
- Verizon (VZ) Downgraded to Hold at DBS Bank; PT USD 52
- Vital Farms (VITL) Downgraded to Hold at TD Cowen
INITIATIONS
- Dutch Bros (BROS) Initiated at New Outperform at Telsey; PT USD 66
- Elevance (ELV) Reinstated Inline at Evercore ISI; PT USD 345
- Inhibrx Biosciences (INBX) Initiated at New Buy at Stifel; PT USD 150
- Kyivstar Group (KYIV) Initiated at New Overweight at Barclays; PT USD 12.50
- Linde (LIN) Initiated at New Buy at William O'Neil
- MapLight Therapeutics (MPLT) Initiated at New Buy at Needham; PT USD 37
- TAT Technologies (TATT) Initiated at New Buy at B Riley; PT USD 61
- UMB Financial (UMBF) Initiated at New Outperform at Autonomous; PT USD 135
- WillScot Holdings (WSC) Initiated at New Neutral at UBS; PT USD 19
Context
The recent upgrades and downgrades from brokerages highlight shifting perceptions in the market. Notably, Deere's upgrade suggests a moderate confidence in its future performance, while Coinbase's downgrade indicates growing caution regarding the outlook for crypto-related equities. These adjustments can influence sector sentiment and are essential to monitor for potential price movements in affected stocks.
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