US BROKER MOVES: ILMN upgraded at JPMorgan; NKE downgraded at RBC

UPGRADES

  • Western Midstream Partners (WES) Upgraded to Equalweight at Morgan Stanley; PT USD 51
  • RenaissanceRe (RNR) Upgraded to Buy at Citi; PT USD 345 (prev. USD 335)
  • Pfizer (PFE) Upgraded to Sector Perform at RBC Capital; PT USD 25
  • Oscar Health (OSCR) Upgraded to Overweight at Barclays; PT USD 35 (prev. USD 30)
  • Illumina (ILMN) Upgraded to Overweight at JPMorgan; PT USD 185
  • Global-e Online (GLBE) Upgraded to Buy at Truist Securities; PT USD 39 (prev. USD 34)
  • GlobalFoundries (GFS) Upgraded to Buy at Arete; PT USD 95
  • Entergy (ETR) Upgraded to Outperform at Evercore ISI; PT USD 121 (prev. USD 115)
  • Devon Energy (DVN) Upgraded to Outperform at Evercore ISI; PT USD 54
  • CAVA Group (CAVA) Upgraded to Buy at UBS; PT USD 90 (prev. USD 85)
  • BorgWarner (BWA) Upgraded to Buy at UBS; PT USD 95 (prev. USD 61)

DOWNGRADES

  • Taylor Morrison Home (TMHC) Downgraded to Peerperform at Wolfe Research
  • Nuvation Bio (NUVL) Downgraded to Neutral at UBS; PT USD 124 (prev. USD 138)
  • Nuvation Bio (NUVL) Downgraded to Neutral at Guggenheim
  • Nutrien (NTR) Downgraded to Hold at Berenberg; PT USD 65 (prev. USD 61)
  • Nike (NKE) Downgraded to Sector Perform at RBC Capital; PT USD 50 (prev. USD 70)
  • Hess Midstream (HESM) Downgraded to Underweight at Morgan Stanley; PT USD 38
  • Bill Holdings (BILL) Downgraded to Hold at Truist Securities

INITIATIONS

  • Solid Power (SLDP) Initiated at New Buy at Alliance Global Partners; PT USD 6.75
  • Power Integrations (POWI) Initiated at New Buy at Needham; PT USD 90
  • indie Semiconductor (INDI) Initiated at New Hold at TD Cowen
  • Inhibikase Therapeutics (IKT) Initiated at New Outperform at Oppenheimer; PT USD 5
  • Hyliion Holdings (HYLN) Initiated at New Buy at Needham; PT USD 9
  • Equity Bancshares (EQBK) Initiated at New Market Perform at Hovde Group
  • CalAmp (CAMP) Initiated at New Buy at Chardan; PT USD 6.50
  • Barnes & Noble Education (BNED) Initiated at New Outperform at Northland; PT USD 17
  • Bel Fuse (BELFB) Initiated at New Overweight at JPMorgan; PT USD 370
  • AnaptysBio (ANAB) Initiated at New Buy at H.C. Wainwright; PT USD 95
  • ADMA Biologics (ADMA) Initiated at New Outperform at Raymond James; PT USD 21
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