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US BROKER MOVES: OXY double upgraded at Wells Fargo, GIS downgraded

Importance
Level 1

UPGRADES

  • Aptiv (APTV) upgraded from Neutral to Buy at UBS; PT $97.00 (prev. $89.00)
  • Bumble (BMBL) upgraded from Underweight to Neutral at JPMorgan
  • Dow (DOW) upgraded from Neutral to Buy at Citi; PT $40.00 (prev. $28.00)
  • Kinross Gold (KGC) upgraded from Sector Perform to Outperform at RBC Capital; PT $45.00
  • LyondellBasell (LYB) upgraded from Neutral to Buy at Citi; PT $76.00 (prev. $49.00)
  • Murphy Oil (MUR) upgraded from Neutral to Overweight at Piper Sandler; PT $41.00 (prev. $33.00)
  • Nutrien (NTR) upgraded from Hold to Buy at Jefferies; PT $96.00 (prev. $74.00)
  • Occidental Petroleum (OXY) upgraded from Neutral to Overweight at Piper Sandler; PT $66.00 (prev. $54.00)
  • Occidental Petroleum (OXY) upgraded from Underweight to Overweight at Wells Fargo; PT $69.00 (prev. $47.00)
  • Pampa Energia (PAM) upgraded from Hold to Buy at HSBC; PT $97.00 (prev. $88.00)
  • UiPath (PATH) upgraded from Hold to Buy at Needham; PT $15.00
  • Ryanair Holdings (RYAAY) upgraded from In Line to Outperform at Evercore ISI; PT $80.00 (prev. $75.00)
  • SSR Mining (SSRM) upgraded from Neutral to Outperformer at CIBC; PT $48.00
  • Target Hospitality (TH) upgraded from Hold to Buy at Texas Capital Securities; PT $12.00 (prev. $9.00)
  • TPG RE Finance Trust (TRTX) upgraded from Market Perform to Market Outperform at Citizens; PT $10.00
  • Petco Health and Wellness (WOOF) upgraded from Hold to Buy at Jefferies

DOWNGRADES

  • Conagra Brands (CAG) downgraded from Equal Weight to Underweight at Wells Fargo; PT $15.00 (prev. $20.00)
  • Campbell’s (CPB) downgraded from Equal Weight to Underweight at Wells Fargo; PT $20.00 (prev. $28.00)
  • Farmland Partners (FPI) downgraded from Outperform to Market Perform at Raymond James
  • General Mills (GIS) downgraded from Equal Weight to Underweight at Wells Fargo; PT $35.00 (prev. $45.00)
  • Generac Holdings (GNRC) downgraded from Buy to Neutral at Citi; PT $237.00 (prev. $207.00)
  • MercadoLibre (MELI) downgraded from Overweight to Neutral at JPMorgan; PT $2,100.00 (prev. $2,650.00)
  • Scorpio Tankers (STNG) downgraded from Buy to Hold at DNB Carnegie; PT $76.00
  • Vale (VALE) downgraded from Outperform to Sector Perform at RBC Capital; PT $15.50 (prev. $14.50)
  • Telefonica Brasil (VIV) downgraded from Overweight to Equalweight at Barclays; PT $16.00 (prev. $14.50)

INITIATIONS

  • BWX Technologies (BWXT) initiated Buy at TD Cowen; PT $230.00
  • Pathward Financial (CASH) initiated Overweight at Piper Sandler; PT $107.00
  • Customers Bancorp (CUBI) initiated Overweight at Piper Sandler; PT $82.00
  • Enovix (ENVX) initiated Neutral at BofA Securities; PT $6.00
  • Ituran Location and Control (ITRN) initiated Buy at Maxim Group; PT $70.00
  • Lear (LEA) initiated Sector Perform at RBC Capital; PT $135.00
  • Prime Medicine (PRME) initiated Outperform at Oppenheimer; PT $11.00
  • The Bancorp (TBBK) initiated Overweight at Piper Sandler; PT $66.00
  • vTv Therapeutics (VTVT) initiated Outperform at Evercore ISI; PT $44.00
#CPB.US#CAG.US#DOW.US#GENERAL MILLS INC#GIS.US#LYB.US#MURPHY OIL CORP#MUR.US#OCCIDENTAL PETROLEUM CORP#OXY.US#WELLS FARGO & CO#TBBK.US#COWEN GROUP INC#CUSTOMERS BANCORP INC#CUBI.US#ITRN.US#MERCADOLIBRE INC#MELI.US#CASH.US#RYANAIR HOLDINGS PLC#RYAAY.US#WOOF.US#BARCLAYS PLC#UBS AG#GENERAC HOLDINGS INC#GNRC.US#SCORPIO TANKERS INC#STNG.US#PERFORM GROUP PLC#LEAR CORP#LEA.US#KINROSS GOLD CORP#KGC.US#VALE SA#VALE.US#TELEFONICA BRASIL SA#VIV.US#CAPITAL SECURITIES CORP#EQUITIES#EU SESSION#INTEGRATED OIL & GAS#PACKAGED FOODS & MEATS#DIVERSIFIED BANKS#OIL, GAS & CONSUMABLE FUELS#FOOD PRODUCTS#BANKS#ENERGY (GROUP)#FOOD, BEVERAGE & TOBACCO#BANKS (GROUP)#S&P 500 INDEX#APTIV PLC#APTV#CAG#CPB#DOW#GIS#GNRC#LYB#OXY#VIV#MELI#US EQUITIES
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