US BROKER MOVES: DLTR upgraded at Rothschild & Co Redburn; RIVN downgraded at DA Dadvidson
The recent upgrades and downgrades from various brokerages reflect shifting analyst sentiment.
Newsquawk StaffPublished On the live feed at — 16 more headlines followed before this page went public
Newsquawk headlinesUTC
USTR Greer says we will see and adjust to any SCOTUS ruling on President Trump's IEEPA tariffs, steel and aluminium tariffs is to stay in place and do not want overwhelming compliance costs
US ADP Employment Change Weekly 10.25K (Prev. 6.5K)
US BROKER MOVES: DLTR upgraded at Rothschild & Co Redburn; RIVN downgraded at DA Dadvidson
US PRE-MARKET MOVERS: MASI, NCLH, FISV, INFY, AAPL, MU, GIS, CNH, GPC, WBD/NFLX/PSKY
Strategy (MSTR) purchases 2,486 Bitcoin for a total price of USD 168.4mln, with an average price of USD 67,710 per Bitcoin; between Feb 9-16
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
- Accenture (ACN) upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 275
- Albemarle (ALB) upgraded from Neutral to Buy at BofA Securities; PT USD 190
- Cognex (CGNX) upgraded from Hold to Buy at HSBC; PT USD 68 (prev. USD 47)
- Chevron (CVX) upgraded from Hold to Buy at Melius; PT USD 205
- Dollar Tree (DLTR) upgraded from Neutral to Buy at Rothschild Redburn; PT USD 165
- Equifax (EFX) upgraded from Neutral to Buy at BofA Securities; PT USD 250
- Eversource Energy (ES) upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 78 (prev. USD 71)
- Jack Henry & Associates (JKHY) upgraded from Equal Weight to Overweight at Wells Fargo; PT USD 196 (prev. USD 181)
- Korro Bio (KRRO) upgraded from Market Perform to Outperform at William Blair
- Liberty Energy (LBRT) upgraded from Neutral to Buy at BofA Securities; PT USD 31
- Southwest Airlines (LUV) upgraded from Neutral to Buy at UBS; PT USD 73 (prev. USD 51)
- Marsh & McLennan (MRSH) upgraded from Outperform to Strong Buy at Raymond James; PT USD 225 (prev. USD 240)
- Neumora Therapeutics (NMRA) upgraded from Market Perform to Outperform at William Blair
- Onto Innovation (ONTO) upgraded from Neutral to Overweight at Cantor Fitzgerald; PT USD 275 (prev. USD 170)
- Shopify (SHOP) upgraded from Hold to Buy at Truist Securities; PT USD 150 (prev. USD 110)
- Sphere Entertainment (SPHR) upgraded from Sell to Hold at Benchmark
- Truist Financial (TFC) upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 69 (prev. USD 56)
- TransUnion (TRU) upgraded from Underperform to Neutral at BofA Securities; PT USD 83 (prev. USD 80)
- Upstart (UPST) upgraded from Sell to Neutral at Compass Point; PT USD 30 (prev. USD 20)
- Visa (V) upgraded from Hold to Buy at Freedom Capital Markets; PT USD 375 (prev. USD 360)
- Veeva Systems (VEEV) upgraded from Underweight to Equalweight at Morgan Stanley; PT USD 205 (prev. USD 222)
- Workday (WDAY) upgraded from Neutral to Buy at Rosenblatt; PT USD 180
- YETI Holdings (YETI) upgraded from Neutral to Buy at Roth/MKM; PT USD 60
DOWNGRADES
- Bath & Body Works (BBWI) downgraded from Buy to Neutral at Citi; PT USD 25
- ConocoPhillips (COP) downgraded from Buy to Neutral at Roth/MKM; PT USD 112
- Dollar General (DG) downgraded from Neutral to Sell at Rothschild Redburn; PT USD 111
- Eldorado Gold (EGO) downgraded from Outperform to Sector Perform at RBC Capital; PT USD 48 (prev. USD 47)
- ICON Plc (ICLR) downgraded from Buy to Neutral at Rothschild Redburn; PT USD 100 (prev. USD 226)
- Rivian Automotive (RIVN) downgraded from Neutral to Underperform at DA Davidson; PT USD 14
- Warner Bros. Discovery (WBD) downgraded from Buy to Neutral at Rothschild Redburn; PT USD 31 (prev. USD 28)
INITIATIONS
- Agiliti (AGIG) initiated at Buy at Alliance Global Partners; PT USD 6
- Alight (ALIT) initiated at Underperform at BofA Securities; PT USD 1.40
- Aramark (ARMK) initiated at Buy at BofA Securities; PT USD 50
- Autolus Therapeutics (AUTL) initiated at Buy at H.C. Wainwright; PT USD 9
- AeroVironment (AVAV) initiated at Overweight at JPMorgan; PT USD 320
- BitGo (BTGO) initiated at Buy at Canaccord Genuity; PT USD 15
- BitGo (BTGO) initiated at Buy at Compass Point; PT USD 17
- BitGo (BTGO) initiated at Buy at Deutsche Bank; PT USD 17
- BitGo (BTGO) initiated at Buy at Rosenblatt; PT USD 17
- BitGo (BTGO) initiated at Buy at Citi; PT USD 18
- BitGo (BTGO) initiated at Buy at Clear Street; PT USD 18
- BitGo (BTGO) initiated at Buy at Craig-Hallum; PT USD 18
- BitGo (BTGO) initiated at Neutral at Goldman Sachs; PT USD 11.50
- BitGo (BTGO) initiated at Outperform at Wedbush; PT USD 15
- BitGo (BTGO) initiated at Outperform at Mizuho; PT USD 17
- BitGo (BTGO) initiated at Overweight at Cantor Fitzgerald; PT USD 18
- Cullinan Therapeutics (CGEM) initiated at Buy at Citi; PT USD 33
- Cellectis (CLLS) initiated at Buy at Jefferies; PT USD 7
- Celestica (CLS) initiated at Outperform at Wolfe Research; PT USD 350
- Cintas (CTAS) initiated at Neutral at BofA Securities; PT USD 215
- EQPT initiated at Buy at Truist Securities; PT USD 43
- EQPT initiated at Buy at Goldman Sachs; PT USD 51
- EQPT initiated at Buy at Melius; PT USD 55
- EQPT initiated at Market Outperform at Citizens; PT USD 42
- EQPT initiated at Sector Weight at KeyBanc
- FactSet (FDS) initiated at Underperform at BofA Securities; PT USD 195
- Foghorn Therapeutics (FHTX) initiated at Buy at Jefferies; PT USD 12
- Fair Isaac (FICO) initiated at Buy at BofA Securities; PT USD 1,900
- Galecto (GLTO) initiated at Buy at UBS; PT USD 45
- Genmab (GMAB) initiated at Buy at Jefferies; PT USD 41.50
- Immutep (IMMP) initiated at Market Outperform at Citizens; PT USD 6
- Innoviva (INVA) initiated at Buy at BTIG; PT USD 35
- Karooooo (KARO) initiated at Buy at Roth/MKM; PT USD 62
- Moody’s (MCO) initiated at Buy at BofA Securities; PT USD 550
- Marqeta (MQ) initiated at Overweight at JPMorgan; PT USD 6
- MSCI Inc. (MSCI) initiated at Buy at BofA Securities; PT USD 700
- Pitney Bowes (PBI) initiated at Underperform at BofA Securities; PT USD 9
- Rollins (ROL) initiated at Buy at BofA Securities; PT USD 67
- S&P Global (SPGI) initiated at Buy at BofA Securities; PT USD 575
- ULS initiated at Buy at BofA Securities; PT USD 86
- Verisk Analytics (VRSK) initiated at Neutral at BofA Securities; PT USD 205
Context
Dollar Tree's upgrade to "Buy" at Rothschild Redburn signals growing confidence in its prospects, potentially driving interest in retail equities, while Rivian's downgrade to "Underperform" at DA Davidson may highlight concerns about its growth trajectory. These changes could influence market sentiment and sector movements significantly, particularly among investors tracking retail and automotive stocks.
Related headlines
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks12 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms5 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat6 hours ago
- Nvidia (NVDA) confirms it is to acquire Hugging Face for USD 12.93bln; Hugging Face will remain an open platform7 hours ago
- Campbell's (CPB) Q4 2026 (USD): Adj. EPS 0.39 (exp. 0.40), revenue 2.14bln (exp. 2.15bln). Cuts quarterly dividend to accelerate debt reduction 8 hours ago
- Polestar (PSNY) Q2 2026 (USD): Revenue 727mln (exp. 865mln)8 hours ago
- Ciena (CIEN) Q3 2026 (USD): Adj. EPS 2.11 (exp. 1.72), Revenue 1.67bln (exp. 1.63bln), sees FY26 revenue 6.42 (exp. 6.34bln)8 hours ago
- US BROKER MOVES: AVGO upgraded at Macquarie; MRNA downgraded at Rothschild Redburn6 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.29 HIGHER AT USD 91.30/BBL; BRENT (X6) SETTLES USD 0.11 LOWER AT USD 95.52/BBL32 min ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT2 hours ago
- Saudi Arabia reportedly sets October Arab light crude oil OSP to Asia at minus USD 2/bbl vs Oman/Dubai average, according to a pricing document4 hours ago
- US President Trump says "It is very good for Canadian Politicians like PM Carney to make Trump “the enemy,” until their Economy collapses then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician"4 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports5 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike5 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation6 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress6 hours ago
- US Chicago Fed Labor Market Indicator Final 4.08% (Prev. 4.10%)6 hours ago
- Canadian Trade Balance (Jul) 0.77B vs. Exp. 3.6B (Prev. 4.20B)6 hours ago
- US Trade Balance (Jul) -88.60B vs. Exp. -90B (Prev. -73.30B)6 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran7 hours ago
The whole workspace, free to try.
Try it free