US BROKER MOVES: FCEL upgraded at B. Riley; ADBE & CRM downgraded at Phillip Securities

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US BROKER MOVES: FCEL upgraded at B. Riley; ADBE & CRM downgraded at Phillip Securities

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UPGRADES

  • Casey's General Stores (CASY) Upgraded to Outperform at BMO Capital; PT USD 950
  • Cytokinetics (CYTK) Upgraded to Buy at UBS; PT USD 115 (prev USD 69)
  • Delek US Holdings (DK) Upgraded to Hold at TD Cowen; PT USD 39 (prev USD 36)
  • FuelCell Energy (FCEL) Upgraded to Buy at B. Riley; PT USD 32 (prev USD 13)
  • PBF Energy (PBF) Upgraded to Hold at TD Cowen; PT USD 39 (prev USD 36)
  • Primoris Services (PRIM) Upgraded to Overweight at JPMorgan; PT USD 116 (prev USD 105)
  • Prime Medicine (PRME) Upgraded to Buy at H.C. Wainwright; PT USD 8
  • Roblox (RBLX) Upgraded to Buy at Arete; PT USD 95
  • Warner Bros. Discovery (WBD) Upgraded to Buy at Seaport Global Securities; PT USD 31

DOWNGRADES

  • Adobe (ADBE) Downgraded to Neutral at Phillip Securities; PT USD 203
  • Alkermes (ALKS) Downgraded to Underperform at BofA Securities; PT USD 38
  • Amphastar Pharmaceuticals (AMPH) Downgraded to Underperform at BofA Securities; PT USD 20 (prev USD 25)
  • Biohaven (BHVN) Downgraded to Underperform at BofA Securities; PT USD 11 (prev USD 12)
  • BrightSpire Capital (BRSP) Downgraded to Hold at Argus
  • CONMED (CNMD) Downgraded to Underperform at BofA Securities; PT USD 40
  • Salesforce (CRM) Downgraded to Neutral at Phillip Securities; PT USD 166
  • CrowdStrike (CRWD) Downgraded to Neutral at Arete; PT USD 730
  • Definitive Healthcare (DH) Downgraded to Underperform at BofA Securities; PT USD 0.70 (prev USD 3.50)
  • Doximity (DOCS) Downgraded to Underperform at BofA Securities; PT USD 20 (prev USD 38)
  • Lindblad Expeditions (LIND) Downgraded to Hold at Texas Capital Securities; PT USD 31 (prev USD 29)
  • Liquidia (LQDA) Downgraded to Neutral at BofA Securities; PT USD 79 (prev USD 64)
  • Madison Square Garden Entertainment (MSGE) Downgraded to Neutral at Seaport Global Securities
  • Progressive (PGR) Downgraded to Underweight at Wells Fargo; PT USD 205 (prev USD 219)
  • Sezzle (SEZL) Downgraded to Perform at Oppenheimer
  • Synaptics (SYNA) Downgraded to Equalweight at Barclays; PT USD 135 (prev USD 110)

INITIATIONS

  • AppLovin (APP) Initiated Strong Buy at Raymond James; PT USD 640
  • Archrock (AROC) Initiated Overweight at Wells Fargo; PT USD 43
  • Array Technologies (ARRY) Initiated Equal Weight at Wells Fargo; PT USD 9
  • Bloom Energy (BE) Initiated Equal Weight at Wells Fargo; PT USD 217
  • Cheniere Energy Partners (CQP) Initiated Underweight at Wells Fargo; PT USD 62
  • Amdocs (DOX) Initiated Sector Weight at KeyBanc
  • DT Midstream (DTM) Initiated Overweight at Wells Fargo; PT USD 165
  • Enterprise Products Partners (EPD) Initiated Overweight at Wells Fargo; PT USD 42
  • Energy Transfer (ET) Initiated Overweight at Wells Fargo; PT USD 25
  • Genesis Energy (GEL) Initiated Overweight at Wells Fargo; PT USD 18
  • GE Vernova (GEV) Initiated Overweight at Wells Fargo; PT USD 1,259
  • Graphic Packaging Holding (GPK) Initiated Neutral at JPMorgan; PT USD 11.70
  • Kinder Morgan (KMI) Initiated Overweight at Wells Fargo; PT USD 35
  • Kinetik Holdings (KNTK) Initiated Overweight at Wells Fargo; PT USD 52
  • Cheniere Energy (LNG) Initiated Overweight at Wells Fargo; PT USD 335
  • MPLX (MPLX) Initiated Overweight at Wells Fargo; PT USD 61
  • ONEOK (OKE) Initiated Overweight at Wells Fargo; PT USD 98
  • Plains All American Pipeline (PAA) Initiated Equal Weight at Wells Fargo; PT USD 23
  • Plains GP Holdings (PAGP) Initiated Equal Weight at Wells Fargo; PT USD 23
  • Plug Power (PLUG) Initiated Equal Weight at Wells Fargo; PT USD 2.50
  • SolarEdge Technologies (SEDG) Initiated Equal Weight at Wells Fargo; PT USD 36
  • SEI Investments (SEIC) Initiated Buy at Needham; PT USD 97
  • Targa Resources (TRGP) Initiated Overweight at Wells Fargo; PT USD 270
  • United Rentals (URI) Initiated Outperform at BNP Paribas Exane
  • Veradigm (VERX) Initiated Buy at TD Cowen; PT USD 14
  • Warby Parker (WRBY) Initiated Buy at BofA Securities; PT USD 33
  • TeraWulf (WULF) Initiated Buy at Citi; PT USD 36

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