US BROKER MOVES: QCOM sees multiple upgrades after earnings, META downgraded at JPM
The multiple upgrades for Qualcomm (QCOM) following earnings indicate strong market confidence in its performance and future outlook, likely contributing to upward pressure on its stock price.
Pantheon Macro shifts BoE call to two rate increases in 2026 (prev. exp. one increase), following BoE announcement
BoE Governor Bailey (Q&A) says different policy rules give different answers; there is a good deal of space available to accommodate inflation pressures by not cutting rates
US BROKER MOVES: QCOM sees multiple upgrades after earnings, META downgraded at JPM
Commander of the IRGC Navy says "We have 27 high-powered fixed aircraft carriers in the Persian Gulf", ISNA reports
Union Pacific (UNP) and Norfolk Southern (NSC) filed amended application seeking US government approval for USD 85bln merger
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
- AbbVie (ABBV) Upgraded to Buy at BofA
- Acadia Realty (AKR) Upgraded to Buy at Ladenburg Thalmann; PT USD 24
- Blackbaud (BLKB) Upgraded to Outperform at Baird; PT USD 50
- Costamare (CMRE) Upgraded to Buy at Fearnley; PT USD 21
- Danaos (DAC) Upgraded to Buy at Fearnley; PT USD 174
- Equinix (EQIX) Upgraded to Strong Buy at Raymond James; PT USD 1,250
- Everus Construction Group (ECG) Upgraded to Buy at Guggenheim; PT USD 160
- Global Ship Lease (GSL) Upgraded to Buy at Fearnley; PT USD 51
- Hertz (HTZ) Upgraded to Neutral at Northcoast
- Lennox (LII) Upgraded to Buy at Vertical Research; PT USD 600
- Qualcomm (QCOM) Upgraded to Buy at Fubon; PT USD 195
- Qualcomm (QCOM) Upgraded to Buy at Summit Insights
- SiteOne Landscape (SITE) Upgraded to Buy at Deutsche Bank; PT USD 160
- Teradyne (TER) Upgraded to Overweight at JPMorgan; PT USD 400
- Xometry (XMTR) Upgraded to Overweight at Cantor; PT USD 62
DOWNGRADES
- Appian (APPN) Downgraded to Equal-Weight at Morgan Stanley; PT USD 25
- Constellium SE (CSTM) Downgraded to Neutral at JPMorgan; PT USD 34
- Expand Energy (EXE) Downgraded to Market Perform at William Blair
- GE Healthcare (GEHC) Downgraded to Neutral at Goldman; PT USD 65
- Kaiser Aluminum (KALU) Downgraded to Underweight at JPMorgan; PT USD 142
- KalVista (KALV) Downgraded to Neutral at Jones; PT USD 27
- KalVista (KALV) Downgraded to Market Perform at Leerink; PT USD 27
- Meta (META) Downgraded to Neutral at JPMorgan; PT USD 725
- MVB Financial (MVBF) Downgraded to Market Perform at Raymond James
- Oneok (OKE) Downgraded to Sector Perform at Scotiabank; PT USD 89
- Wingstop (WING) Downgraded to Neutral at Goldman; PT USD 190
- XOMA Royalty (XOMA) Downgraded to Neutral at HC Wainwright; PT USD 39
INITIATIONS
- AeroVironment (AVAV) Initiated at New Buy at Clear Street; PT USD 293
- Constellation Energy (CEG) US Initiated at New Buy at President Capital Management; PT USD 352
- Kosmos Energy (KOS) Initiated at New Buy at Pareto Securities; PT USD 3.60
- Kratos (KTOS) Initiated at New Buy at Clear Street; PT USD 82
- Mistras Group (MG) Initiated at New Buy at Roth Capital Partners; PT USD 22
- Palantir (PLTR) Initiated at New Outperform at Oppenheimer; PT USD 200
- Red Cat (RCAT) Initiated at New Buy at Clear Street; PT USD 22
- SharonAI (SHAZ) Initiated at New Buy at Unified Capital; PT USD 78.60
- Sutro Biopharma (STRO) Initiated at New Outperform at Mizuho Securities
In contrast, Meta's downgrade at JPMorgan suggests a more cautious stance on its growth prospects, which could weigh negatively on its shares and investor sentiment. Keep an eye on sector trends as these ratings could influence broader market movements in the tech and media spaces.
Related headlines
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 45 min ago
- Newsquawk Daily European Equity Opening News - 9th September 20268 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal5 hours ago
- US BROKER MOVES: TMO upgraded at UBS; VMC downgraded at Wells Fargo2 hours ago
- Newsqawk European Market Wrap - 9th September 202633 min ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure1 hour ago
- Google (GOOG) is to invest a minimum of EUR 13bln in Finland’s AI infrastructure in 2027-28, according to Finnish broadcaster YLE7 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)13 hours ago
- Analog Devices (ADI) and Alif Semiconductor today announced a definitive agreement under which ADI will acquire Alif in an all-cash transaction for USD 1.35bln2 hours ago
- JPMorgan’s (JPM) Jamie Dimon to meet with UK Chancellor as bank taxes loom2 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging14 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks15 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs16 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 203013 hours ago
- OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports2 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes7 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202616 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results8 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture2 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program13 hours ago
The whole workspace, free to try.
Try it free