US BROKER MOVES: OXY upgraded at Goldman; TGT downgraded at Freedom Finance

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US President Trump to announce decision today with the EPA Administrator; to delay phaseout requirements for refrigerants and hydrofluorocarbons, via Bloomberg

Walmart (WMT) exec now expects FY27 revenue to be towards the upper end of 3.5-4.5% guidance range

US BROKER MOVES: OXY upgraded at Goldman; TGT downgraded at Freedom Finance

German press reports of an Iranian plot to assassinate a German politician and the German head of the Central Council of Jews

ExxonMobil’s (XOM) 588k BPD Baytown complex flags planned maintenance with possible safety flaring

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UPGRADES

  • Ameren (AEE) Upgraded to Overweight at JPMorgan; PT USD 126
  • Flywire (FLYW) Upgraded to Neutral at JPMorgan; PT USD 16
  • GE Healthcare (GEHC) Upgraded to Neutral at UBS; PT USD 69
  • Occidental (OXY) Upgraded to Neutral at Goldman; PT USD 64
  • Regional Management (RM) Upgraded to Market Outperform at Citizens
  • Tractor Supply (TSCO) Upgraded to Buy at CFRA

DOWNGRADES

  • Golar LNG (GLNG) Downgraded to Hold at Pareto Securities; PT USD 55
  • Kyndryl (KD) Downgraded to Neutral at Susquehanna; PT USD 13
  • Mobileye (MBLY) Downgraded to Hold at Berenberg; PT USD 10.80
  • Target (TGT) Downgraded to Hold at Freedom Finance; PT USD 130
  • ZoomInfo (GTM) Downgraded to Hold at Jefferies; PT USD 4

INITIATIONS

  • Aligos Therapeutics (ALGS) Reinstated Overweight at Cantor; PT USD 20
  • Brown & Brown (BRO) Initiated at New Market Outperform at Citizens; PT USD 70
  • Connect Biopharma (CNTB) Initiated at New Overweight at Cantor; PT USD 4
  • DraftKings (DKNG) Initiated at New Buy at Freedom Capital; PT USD 30
  • Enhanced Group (ENHA) Initiated at New Positive at Berenberg
  • JBT Marel (JBTM) Initiated at New Outperform at Oppenheimer; PT USD 175
  • Kingsoft Cloud (KC) ADRs Initiated at New Outperform at Haitong Intl; PT USD 25
  • MasTec (MTZ) Initiated at New Outperform at CICC; PT USD 480
  • Oculis Holding (OCS) Initiated at New Buy at Guggenheim; PT USD 75
  • Opus Genetics Inc (IRD) Initiated at New Outperform at Leerink; PT USD 10
  • Quanta Services (PWR) Initiated at New Outperform at CICC; PT USD 872
  • SailPoint (SAIL) Initiated at New Buy at Roth Capital Partners
  • Tamboran Resources (TBN) Initiated at New Buy at Roth Capital Partners

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