US BROKER MOVES: INTC double upgraded at BofA; AJG upgraded at Jefferies
Newsquawk StaffPublished On the live feed at — 7 more headlines followed before this page went public
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Iran reportedly threatens Elon Musk's companies in the Middle East, Iran International reports citing Fars
ECB President Lagarde (post-meeting statement) reiterates that outlook remains uncertain with upside risks to inflation and downside risks to growth
US BROKER MOVES: INTC double upgraded at BofA; AJG upgraded at Jefferies
The US International Trade Commission (USITC) has launched an investigation into NVIDIA (NVDA), Microsoft (MSFT), Amazon.com, Amazon Web Services (AMZN), and Annapurna Labs following a complaint filed by Temple, Texas-based Xockets, Inc.
US President Trump on Iran says talking to them and his preference would be to take Kharg Island, Fox News reports; not sure US has the appetite for it
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UPGRADES
- Arthur J. Gallagher (AJG) Upgraded to Buy at Jefferies; PT USD 265 (prev. USD 235)
- Allegion (ALLE) Upgraded to Buy at Longbow Research; PT USD 165
- Black Hills (BKH) Upgraded to Buy at BofA Securities; PT USD 78 (prev. USD 76)
- CME Group (CME) Upgraded to Buy at Rothschild Redburn; PT USD 323 (prev. USD 316)
- General Dynamics (GD) Upgraded to Buy at Jefferies; PT USD 400 (prev. USD 380)
- Henry Schein (HSIC) Upgraded to Buy at BTIG; PT USD 100
- Intel (INTC) Upgraded to Buy at BofA Securities; PT USD 135 (prev. USD 96)
- Tronox (TROX) Upgraded to Hold at Truist Securities; PT USD 7
DOWNGRADES
- Chewy (CHWY) Downgraded to Neutral at MoffettNathanson; PT USD 22 (prev. USD 50)
- Jill (JILL) Downgraded to Market Perform at William Blair
- MarketAxess (MKTX) Downgraded to Neutral at Rothschild Redburn; PT USD 134 (prev. USD 189)
- PROCEPT BioRobotics (PRCT) Downgraded to Market Perform at Leerink
INITIATIONS
- Agilent Technologies (A) Initiated at New Neutral at Piper Sandler; PT USD 150
- Advanced Energy Industries (AEIS) Initiated at New Overweight at Cantor Fitzgerald; PT USD 400
- CRISPR Therapeutics (CRSP) Initiated at New Equalweight at Morgan Stanley; PT USD 60
- Danaher (DHR) Initiated at New Neutral at Piper Sandler; PT USD 200
- Energy Vault (NRGV) Initiated at New Neutral at Citi; PT USD 5.25
- Rocket Lab (RKLB) Initiated at New Neutral at KGI Securities; PT USD 105
- Super Micro Computer (SMCI) Initiated at New Peerperform at Wolfe Research
- Twist Bioscience (TWST) Initiated at New Overweight at Piper Sandler; PT USD 85
- Waters (WAT) Initiated at New Neutral at Piper Sandler; PT USD 400
- West Pharmaceutical Services (WST) Initiated at New Buy at Jefferies; PT USD 175
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