US BROKER MOVES: DE upgraded at Jefferies; COIN downgraded at Barclays

The recent upgrades and downgrades from brokerages highlight shifting perceptions in the market.

Newsquawk StaffPublished On the live feed at 6 more headlines followed before this page went public
Newsquawk headlinesUTC

US President Trump says US will work closely with Iran, which have determined has gone through what will be a very productive regime change!; will be no enrichment of uranium; We are, and will be, talking tariff and sanctions relief with Iran

Rezolve AI (RZLV) launches a hostile bid for Commerce.com (CMRC), according to Bloomberg

US BROKER MOVES: DE upgraded at Jefferies; COIN downgraded at Barclays

Basra Oil says it is possible to reproduce 2mln bbls of oil within hours

IRGC claims they attacked US oil facilities in Yanbu, Saudi Arabia last night, according to state media

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.

Free. No signup, no card.

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

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.

Related headlines

The whole workspace, free to try.

Try it free