US BROKER MOVES: JNJ upgraded at Leerink; AMD downgraded at Daiwa
The recent upgrades for Johnson & Johnson (JNJ) and several others indicate positive sentiment, particularly for JNJ as it shifts to an Outperform rating at Leerink.
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US BROKER MOVES: JNJ upgraded at Leerink; AMD downgraded at Daiwa
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UPGRADES
- Corcept (CORT) Upgraded to Buy at UBS; PT USD 72
- Integer (ITGR) Upgraded to Outperform at Oppenheimer; PT USD 115
- Johnson & Johnson (JNJ) Upgraded to Outperform at Leerink; PT USD 265
- MasTec (MTZ) Upgraded to Buy at Guggenheim; PT USD 480
- Mosaic (MOS) Upgraded to Outperform at RBC; PT USD 27
- Newlake Capital Partners (NLCP) Upgraded to Buy at Compass Point; PT USD 17
- Sensata (ST) Upgraded to Buy at Truist Secs; PT USD 58
- Venture Global (VG) Upgraded to Buy at Citi; PT USD 17
- Vestis (VSTS) Upgraded to Outperform at William Blair
- Zebra Tech (ZBRA) Upgraded to Overweight at KeyBanc; PT USD 305
DOWNGRADES
- AMD (AMD) Downgraded to Outperform at Daiwa; PT USD 500
- MercadoLibre (MELI) Downgraded to Neutral at Citi; PT USD 1,950
- Select Medical (SEM) Downgraded to Neutral at Mizuho Securities; PT USD 16.50
- Serve Robotics (SERV) Downgraded to Hold at Freedom Finance; PT USD 18
- Snap (SNAP) Downgraded to Hold at Freedom Capital
- Under Armour (UAA) Downgraded to Hold at Stifel; PT USD 6
- ZoomInfo (GTM) Downgraded to Underperform at Mizuho Securities; PT USD 3
INITIATIONS
- BioAge Labs (BIOA) Initiated at New Buy at BTIG; PT USD 40
- CoinShares (CSHR) Initiated at New Outperform at KBW; PT USD 9
- Heico (HEI) Initiated at New Buy at Rothschild & Co Redburn; PT USD 360
- Kopin (KOPN) Initiated at New Buy at Lucid Capital Markets; PT USD 10
- Madison Air Solutions (MAIR) Initiated at New Hold at Jefferies; PT USD 45
- NextDecade (NEXT) Initiated at New Buy at Citi; PT USD 11
- NRX Therapeutics (NRXP) Initiated at New Buy at Lucid Capital Markets; PT USD 49
- Sandisk (SNDK) Initiated at New Buy at Singular Research; PT USD 2,590
- Unusual Machines (UMAC) Initiated at New Buy at Roth Capital Partners; PT USD 25
This upgrading could signal confidence in JNJ’s growth trajectory or upcoming innovations, which may benefit its share price. Conversely, the downgrade of AMD to Outperform at Daiwa suggests a potential cooling in sentiment for the semiconductor sector, which may weigh on broader tech markets due to the importance of AMD in that space.
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