US BROKER MOVES: MA upgraded at BNPP; MU downgraded at Summit Insights
PREVIEW: ECB Policy Announcement due Thursday, 19th March at 13:15GMT/09:15EDT
Manager Magazin reports that Bayer's (BAYN GY) chances are increasing that it will land a point victory in the glyphosate war
US BROKER MOVES: MA upgraded at BNPP; MU downgraded at Summit Insights
US Secretary of War Hegseth says US objectives on Iran are on target and on plan; Iranian objectives have not changed from the start; today will again be the largest strike package on Iran; US will finish the operation
[MARKET UPDATE] Crude futures see downticks as US Treasury Secretary Bessent suggests US could do another SPR release to keep price down and that US may unsanction Iranian oil on water
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.
UPGRADES
- Carnival (CCL) Upgraded from Equalweight to Overweight W/ USD 31.00 PT (prev. USD 33.00) at Morgan Stanley
- Cross Country Healthcare (CCRN) Upgraded from Neutral to Outperform W/ USD 15.00 PT (prev. USD 11.00) at Wedbush
- Five Below (FIVE) Upgraded from Market Perform to Outperform at William Blair
- Fluence Energy (FLNC) Upgraded from Sell to Neutral at Guggenheim
- Kohl’s (KSS) Upgraded from Reduce to Buy W/ USD 20.00 PT at Gordon Haskett
- Mastercard (MA) Upgraded from Neutral to Outperform W/ USD 600.00 PT at BNP Paribas Exane
- MoonLake Immunotherapeutics (MLTX) Upgraded from Neutral to Buy W/ USD 40.00 PT (prev. USD 12.00) at Rothschild Redburn
- Nu Holdings (NU) Upgraded from Neutral to Buy W/ USD 17.60 PT (prev. USD 17.20) at UBS
- SouthState Corporation (SSB) Upgraded from Market Perform to Outperform at Hovde Group
- Union Pacific (UNP) Upgraded from In Line to Outperform W/ USD 262.00 PT (prev. USD 260.00) at Evercore ISI
DOWNGRADES
- CSX (CSX) Downgraded from Outperform to In Line W/ USD 41.00 PT (prev. USD 40.00) at Evercore ISI
- Freshworks (FRSH) Downgraded from Outperform to Perform at Oppenheimer
- Kinsale Capital Group (KNSL) Downgraded from Hold to Underperform W/ USD 312.00 PT (prev. USD 392.00) at Jefferies
- Micron Technology (MU) Downgraded from Buy to Hold at Summit Insights
- Xponential Fitness (XPOF) Downgraded from Strong Buy to Market Perform at Raymond James
INITIATIONS
- Aligos Therapeutics (ALGS) Initiated Buy W/ USD 48.00 PT at Jefferies
- ALX Oncology (ALXO) Initiated Overweight W/ USD 5.00 PT at Wells Fargo
- EnerSys (ENS) Initiated Buy W/ USD 190.00 PT at TD Cowen
- Okta (OKTA) Initiated Outperform W/ USD 100.00 PT at Macquarie
- Olema Pharmaceuticals (OLMA) Initiated Buy W/ USD 40.00 PT at Jefferies
- Companhia de Saneamento Básico do Estado de São Paulo (SBS) Initiated Buy W/ USD 36.60 PT at Jefferies
- Vor Biopharma (VOR) Initiated Overweight W/ USD 30.00 PT at Wells Fargo
The recent upgrades for Mastercard (MA) and several other stocks suggest a bullish sentiment from analysts, particularly at BNP Paribas, indicating growing confidence in MA's growth prospects. Conversely, Micron Technology (MU) being downgraded to Hold denotes heightened caution in the semiconductor sector, which could reflect broader challenges or weakening demand. Monitoring these shifts is crucial as they may influence market sentiment and investor positioning in these sectors.
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 blocks5 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates4 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln4 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed4 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources4 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased9 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US8 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee1 hour ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 5 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 Iran1 hour ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before1 hour ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port1 hour ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass1 hour ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits2 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind3 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement4 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday4 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output7 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts9 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low5 hours ago
The whole workspace, free to try.
Try it free