US BROKER MOVES: NFLX upgraded at GS; DOW and LYB downgraded at BofA
The upgrades of Netflix (NFLX) by Goldman Sachs, along with other significant upgrades across various sectors, signal a positive outlook for growth in those areas, particularly in tech and consumer goods.
Newsquawk StaffPublished On the live feed at — 6 more headlines followed before this page went public
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North Korean Leader Kim Jong Un reportedly considers South Korean President Lee as expressing frank and bold attitude, according to KCNA; suggests that Lee was wise to show regret regarding the drone flight to North Korea
Iran reportedly rejects direct US talks following recent attacks on the South Pars gas field
US BROKER MOVES: NFLX upgraded at GS; DOW and LYB downgraded at BofA
Oracle (ORCL) has named Hilary Maxson as CFO; effective Apr 6th, 2026
Bushehr Deputy Governor says petrochemical production units were damaged in Assaluyeh
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Upgrades
- Twilio (TWLO) upgraded to Buy from Hold at Jefferies; PT USD 160 (prev. USD 125)
- Tyson Foods (TSN) upgraded to Overweight from Neutral at Piper Sandler; PT USD 75 (prev. USD 61)
- Rocket Companies (RKT) upgraded to Overweight from Equalweight at Barclays; PT USD 19 (prev. USD 22)
- Olin (OLN) upgraded to Overweight from Equal Weight at Wells Fargo; PT USD 35
- Northern Trust (NTRS) upgraded to Neutral from Sell at Goldman Sachs; PT USD 151 (prev. USD 148)
- Northern Trust (NTRS) upgraded to Outperform from Market Perform at BMO Capital; PT USD 168
- Netflix (NFLX) upgraded to Buy from Neutral at Goldman Sachs; PT USD 120 (prev. USD 100)
- Kratos Defense (KTOS) upgraded to Buy from Hold at Jefferies; PT USD 85
- First American Financial (FAF) upgraded to Overweight from Equalweight at Barclays; PT USD 72 (prev. USD 70)
- Boot Barn (BOOT) upgraded to Buy from Hold at Jefferies; PT USD 195
- Amkor Technology (AMKR) upgraded to Buy from Hold at Melius
- Waters Corp (WAT) upgraded to Outperform from In Line at Evercore ISI; PT USD 350
Downgrades
- Westlake (WLK) downgraded to Neutral from Buy at BofA Securities; PT USD 115 (prev. USD 119)
- Sprouts Farmers Market (SFM) downgraded to Sell from Hold at Melius
- Power Integrations (POWI) downgraded to Market Perform from Outperform at Northland
- Nike (NKE) downgraded to Neutral from Outperform at CICC; PT USD 58
- LyondellBasell (LYB) downgraded to Underperform from Neutral at BofA Securities; PT USD 55 (prev. USD 68)
- Las Vegas Sands (LVS) downgraded to Hold from Buy at Jefferies; PT USD 61 (prev. USD 72)
- Lipocine (LPCN) downgraded to Neutral from Buy at H.C. Wainwright
- Kinsale Capital (KNSL) downgraded to Equalweight from Overweight at Morgan Stanley; PT USD 350 (prev. USD 450)
- Dow Inc (DOW) downgraded to Underperform from Neutral at BofA Securities; PT USD 35 (prev. USD 31)
- Carvana (CVNA) downgraded to Neutral from Buy at BofA Securities; PT USD 360 (prev. USD 400)
- Clear Channel Outdoor (CCO) downgraded to Hold from Buy at TD Cowen; PT USD 2.43 (prev. USD 2.50)
- Avis Budget (CAR) downgraded to Hold from Buy at Deutsche Bank; PT USD 128
Initiations
- West Bancorporation (WTBA) initiated with Market Perform at Hovde Group
- WD-40 (WDFC) initiated with Outperform at William Blair
- Versigent (VGNT) initiated with Overweight at Wells Fargo; PT USD 35
- Tyra Biosciences (TYRA) initiated with Buy at Canaccord; PT USD 50
- ThredUp (TDUP) initiated with Buy at TD Cowen; PT USD 5
- Sezzle (SEZL) initiated with Outperform at Keefe, Bruyette & Woods; PT USD 85
- PayPay (PAYP) initiated with Outperform at Wolfe Research; PT USD 26
- PayPay (PAYP) initiated with Outperform at Mizuho; PT USD 26
- PayPay (PAYP) initiated with Neutral at Citi; PT USD 23
- PayPay (PAYP) initiated with Hold at Deutsche Bank; PT USD 20
- PayPay (PAYP) initiated with Equalweight at Morgan Stanley; PT USD 24
- PayPay (PAYP) initiated with Buy at Benchmark; PT USD 31
- PayPay (PAYP) initiated with Buy at Jefferies; PT USD 28
- PayPay (PAYP) initiated with Buy at BofA Securities; PT USD 26
- Satellos (MSLE) initiated with Outperform at Leerink Partners; PT USD 20
- MDA Space (MDA) initiated with Overweight at JPMorgan; PT USD 34
- MDA Space (MDA) initiated with Buy at Jefferies; PT USD 41
- Avalo Therapeutics (AVTX) initiated with Market Outperform at Citizens; PT USD 52
- Atlas Critical Minerals (ATCX) initiated with Buy at H.C. Wainwright; PT USD 13.75
- AtlasClear (ATCH) initiated with Buy at Litchfield Hills; PT USD 1.00
Context
Conversely, the downgrades of Dow (DOW) and LyondellBasell (LYB) at BofA suggest concerns regarding those companies' fundamentals, which could impact their stock valuations and investor sentiment in the materials sector. Overall, this mixed sentiment might lead to sector rotation among investors and could influence portfolio strategies depending on risk appetite.
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