US BROKER MOVES: QCOM upgraded at Daiwa; NKE downgraded at Wells Fargo
SourceNewsquawk
SectionUS Equities
UPGRADES
- Aptiv (APTV) Upgraded to Overweight at Morgan Stanley; PT USD 71
- Atara Bio (ATRA) Upgraded to Buy at Canaccord; PT USD 13
- Bentley Systems (BSY) Upgraded to Overweight at Piper Sandler; PT USD 45
- Datadog (DDOG) Upgraded to Market Outperform at Citizens; PT USD 225
- Devon (DVN) Upgraded to Buy at Jefferies; PT USD 62
- Fastly (FSLY) Upgraded to Outperform at Raymond James; PT USD 23
- Fluence Energy (FLNC) Upgraded to Buy at Roth Capital Partners; PT USD 26
- Insight Enterprises (NSIT) Upgraded to Outperform at Raymond James
- Installed Building (IBP) Upgraded to Sector Perform at RBC; PT USD 228
- McDonald's (MCD) Upgraded to Buy at CFRA
- PTC Therapeutics (PTCT) Upgraded to Buy at TD Cowen; PT USD 90
- Qualcomm (QCOM) Upgraded to Outperform at Daiwa; PT USD 225
- Shake Shack (SHAK) Upgraded to Buy at Stifel; PT USD 85
- Six Flags (FUN) Upgraded to Neutral at JPMorgan; PT USD 26
- Tapestry (TPR) Upgraded to Buy at UBS; PT USD 187
- Teleflex (TFX) Upgraded to Outperform at RBC; PT USD 155
- United Parks & Resorts (PRKS) Upgraded to Outperform at Mizuho Securities
- Victoria's Secret (VSCO) Upgraded to Overweight at Wells Fargo; PT USD 57
- Western Midstream Partners (WES) Upgraded to Buy at Stifel; PT USD 46
DOWNGRADES
- Assured Guaranty (AGO) Downgraded to Neutral at Roth Capital Partners; PT USD 80
- Carlyle Group (CG) Downgraded to Sell at CFRA; PT USD 45
- Carlyle Group (CG) Downgraded to Hold at TD Cowen; PT USD 53
- Cars.com (CARS) Downgraded to Neutral at B Riley; PT USD 13
- Cross Country Health (CCRN) Downgraded to Hold at Benchmark
- Deckers Outdoor (DECK) Downgraded to Underweight at Wells Fargo; PT USD 90
- EnGene Therapeutics (ENGN) Downgraded to Neutral at Piper Sandler; PT USD 4
- EnGene Therapeutics (ENGN) Downgraded to Market Perform at Citizens
- EnGene Therapeutics (ENGN) Downgraded to Market Perform at Oppenheimer
- EnGene Therapeutics (ENGN) Downgraded to Equal-Weight at Wells Fargo; PT USD 2
- EnGene Therapeutics (ENGN) Downgraded to Equal-Weight at Morgan Stanley
- EnGene Therapeutics (ENGN) Downgraded to Neutral at Guggenheim
- Entrada Therapeutics (TRDA) Downgraded to Neutral at HC Wainwright
- EPAM Systems (EPAM) Downgraded to Neutral at Goldman; PT USD 110
- HubSpot (HUBS) Downgraded to Underperform at BofA
- HubSpot (HUBS) Downgraded to Market Perform at William Blair
- HubSpot (HUBS) Downgraded to Neutral at Cantor; PT USD 200
- KalVista (KALV) Downgraded to Hold at Stifel
- Nike (NKE) Downgraded to Equal-Weight at Wells Fargo; PT USD 45
- Organogenesis Holdings (ORGO) Downgraded to Neutral at BTIG
- PennyMac Mortgage (PMT) Downgraded to Market Perform at KBW; PT USD 12
- Planet Fitness (PLNT) Downgraded to Hold at TD Cowen; PT USD 50
- Planet Fitness (PLNT) Downgraded to Neutral at KGI Securities; PT USD 50.50
- Planet Fitness (PLNT) Downgraded to Equal-Weight at Morgan Stanley; PT USD 47
- Qualcomm (QCOM) Downgraded to Hold at DZ Bank; PT USD 195
- Robinhood (HOOD) Downgraded to Hold at First Shanghai; PT USD 82.86
- RXO (RXO) Downgraded to Equal-Weight at Morgan Stanley
- Trade Desk (TTD) Downgraded to Sector Weight at KeyBanc
- Trade Desk (TTD) Downgraded to Market Perform at Oppenheimer
- Trade Desk (TTD) Downgraded to Market Perform at William Blair
- Tronox (TROX) Downgraded to Hold at Fermium Research; PT USD 9
- Upwork (UPWK) Downgraded to Hold at Canaccord; PT USD 10
- Upwork (UPWK) Downgraded to Neutral at UBS; PT USD 10
- Upwork (UPWK) Downgraded to Market Perform at Citizens
- Vital Farms (VITL) Downgraded to Market Perform at Telsey; PT USD 11
- Vital Farms (VITL) Downgraded to Hold at Stifel; PT USD 10
INITIATIONS
- AirJoule Technologies (AIRJ) Initiated at New Buy at Seaport Global Securities
- Applied Materials (AMAT) Reinstated Buy at HSBC; PT USD 517
- Ernexa Therapeutics Inc (ERNA) Initiated at New Buy at Brookline Capital
- Knight Therapeutics (GUD CN) Reinstated Buy at Canaccord; PT CUSD 9.50
- Mastercard (MA) Initiated at New Buy at NYKREDIT; PT USD 580
- Satellogic (SATL) Initiated at New Buy at Roth Capital Partners; PT USD 10