US BROKER MOVES: DLTR upgraded at Raymond James and Goldman Sachs; AA downgraded at Morgan Stanley
Newsquawk Staff ·
UPGRADES
- Commercial Metals (CMC) Upgraded to Outperform at BNP Paribas Exane; PT USD 75
- Dollar Tree (DLTR) Upgraded to Outperform at Raymond James; PT USD 140
- Dollar Tree (DLTR) Upgraded to Neutral at Goldman Sachs; PT USD 125
- Old Dominion Freight Line (ODFL) Upgraded to Overweight at Wells Fargo; PT USD 250 (prev USD 235)
- Occidental Petroleum (OXY) Upgraded to Outperform at Evercore ISI; PT USD 65
- PROG Holdings (PRG) Upgraded to Buy at Jefferies; PT USD 60 (prev USD 33)
- RH (RH) Upgraded to Neutral at Goldman Sachs; PT USD 155
- Sabra Health Care REIT (SBRA) Upgraded to Buy at Truist Securities
- Tvardi Therapeutics (TVRD) Upgraded to Outperform at Raymond James; PT USD 10
- Ultrapar Participações (UGP) Upgraded to Buy at BofA Securities; PT USD 7.40
DOWNGRADES
- Alcoa (AA) Downgraded to Equalweight at Morgan Stanley; PT USD 53 (prev USD 79)
- Bath & Body Works (BBWI) Downgraded to Sell at Goldman Sachs; PT USD 19
- Cincinnati Financial (CINF) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 201
- Crinetics Pharmaceuticals (CRNX) Downgraded to In Line at Evercore ISI; PT USD 85 (prev USD 88)
- Community Health Systems (CYH) Downgraded to Underweight at Barclays; PT USD 3
- Globant (GLOB) Downgraded to Market Perform at Itaú BBA; PT USD 39
- HCA Healthcare (HCA) Downgraded to Equalweight at Barclays; PT USD 427
- Lemonade (LMND) Downgraded to Equalweight at Morgan Stanley; PT USD 75
- Northpointe Bancshares (NP) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 34
- Ollie's Bargain Outlet (OLLI) Downgraded to Neutral at JPMorgan; PT USD 70
- Truist Financial (TFC) Downgraded to Neutral at BofA Securities; PT USD 56
- The Hanover Insurance Group (THG) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 220
- Travelers (TRV) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 356
- UDR (UDR) Downgraded to Hold at Truist Securities
- Universal Health Services (UHS) Downgraded to Equalweight at Barclays; PT USD 179
- Vale (VALE) Downgraded to Equalweight at Morgan Stanley; PT USD 16.50 (prev USD 19.50)
INITIATIONS
- Affirm (AFRM) Initiated Overweight at Barclays; PT USD 97
- Allegiant Travel (ALGT) Initiated Overweight at Barclays; PT USD 145
- BBOT Initiated Overweight at JPMorgan; PT USD 27
- Baker Hughes (BKR) Initiated Outperform at Wolfe Research; PT USD 70
- EyePoint Pharmaceuticals (EYPT) Initiated Overweight at Cantor Fitzgerald
- Federal Realty Investment Trust (FRT) Initiated Outperform at Wolfe Research; PT USD 143
- FTW Initiated Buy at BTIG; PT USD 15
- Six Flags Entertainment (FUN) Initiated Neutral at Northcoast
- Granite Ridge Resources (GRNT) Initiated Outperform at Northland; PT USD 9
- Halliburton (HAL) Initiated Peerperform at Wolfe Research
- Honeywell (HONA) Initiated Equalweight at Morgan Stanley; PT USD 255
- Immuneering (IMRX) Initiated Overweight at Cantor Fitzgerald
- MBGL Initiated Overweight at Wells Fargo; PT USD 27
- PMV Pharmaceuticals (PMVP) Initiated Buy at Ladenburg Thalmann; PT USD 3
- Six Flags Entertainment (PRKS) Initiated Neutral at Northcoast
- PS Initiated Buy at Jones Trading; PT USD 39
- Relay Therapeutics (RLAY) Initiated Overweight at JPMorgan; PT USD 28
- SailPoint (SAIL) Initiated Neutral at Rosenblatt; PT USD 16
- SLB (SLB) Initiated Outperform at Wolfe Research; PT USD 62
- Sensient Technologies (SXT) Initiated Neutral at Rothschild Redburn; PT USD 125
- AT&T (T) Initiated Underweight at Wells Fargo; PT USD 18
- T-Mobile US (TMUS) Initiated Equal Weight at Wells Fargo; PT USD 170
- U.S. Bancorp (USB) Initiated Strong Buy at Raymond James; PT USD 72
- Verizon (VZ) Initiated Equal Weight at Wells Fargo; PT USD 43
- Wells Fargo (WFC) Initiated Market Perform at Raymond James
- Wynn Resorts (WYNN) Initiated Buy at Truist Securities; PT USD 125
- Zura Bio (ZURA) Initiated Outperform at William Blair
- Kimi K3.1 Pro AI model builds GTA VI-style (TTWO) playable game demo in just 10 hours for USD 52, developer claims on X; showcases AI’s ability to generate video game experiences - UNCONFIRMED
- Daily US Earnings Estimates: 26th October 2026: VZ, WELL
- Newsquawk Weekly Economic Release 26th - 30th October 2026
- Daily US Equity Opening News: SPCX explores access to 80K US cell sites; OpenAI nears USD 30bln funding at $1.25T valuation
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