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FEBRUARY 24, 2026 AT 01:00 PM

US BROKER MOVES: QCOM upgraded at Loop Capital and Wells Fargo; OWL downgraded at Deutsche Bank

Importance
Level 1

UPGRADES

  • Allurion Technologies (ALUR) upgraded from Neutral to Buy at Chardan; PT USD 3
  • Booking Holdings (BKNG) upgraded from Equal Weight to Overweight at Morgan Stanley; PT USD 5,500 (from USD 6,150)
  • Domino’s Pizza (DPZ) upgraded from Neutral to Overweight at JPMorgan; PT USD 450 (from USD 460)
  • Fox Corp (FOXA) upgraded from Neutral to Buy at Seaport Global; PT USD 64
  • Freshpet (FRPT) upgraded from Equal Weight to Overweight at Morgan Stanley; PT USD 90 (from USD 71)
  • Genuine Parts Company (GPC) upgraded from Market Perform to Strong Buy at Raymond James; PT USD 145
  • PPL Corp (PPL) upgraded from Equal Weight to Overweight at Barclays; PT USD 40 (from USD 37)
  • Qualcomm (QCOM) upgraded from Hold to Buy at Loop Capital
  • Qualcomm (QCOM) upgraded from Underweight to Equal Weight at Wells Fargo; PT USD 150 (from USD 135)
  • Vir Biotechnology (VIR) upgraded from Outperform to Strong Buy at Raymond James; PT USD 19 (from USD 12)

DOWNGRADES

  • Arcellx (ACLX) downgraded from Buy to Hold at Stifel; PT USD 115 (from USD 127)
  • Arcellx (ACLX) downgraded from Buy to Neutral at UBS; PT USD 115 (from USD 100)
  • Afya (AFYA) downgraded from Buy to Neutral at BofA Securities; PT USD 17 (from USD 22)
  • Backblaze (BLZE) downgraded from Buy to Hold at Craig-Hallum; PT USD 4.50
  • Boston Properties (BXP) downgraded from Outperform to Neutral at Mizuho; PT USD 62 (from USD 79)
  • Cable One (CABO) downgraded from Neutral to Underperform at BNP Paribas Exane
  • Comcast (CMCSA) downgraded from Neutral to Underperform at BNP Paribas Exane
  • DT Midstream (DTM) downgraded from Buy to Hold at Stifel; PT USD 137 (from USD 121)
  • Enhabit (EHAB) downgraded from Buy to Neutral at UBS; PT USD 13.80 (from USD 12)
  • GATX (GATX) downgraded from Buy to Neutral at Citi; PT USD 210 (from USD 197)
  • Gossamer Bio (GOSS) downgraded from Outperform to Market Perform at Leerink; PT USD 1 (from USD 6)
  • Gossamer Bio (GOSS) downgraded from Outperform to Neutral at Wedbush; PT USD 1
  • Gossamer Bio (GOSS) downgraded from Overweight to Underweight at Barclays; PT USD 0.30 (from USD 9)
  • Kilroy Realty (KRC) downgraded from Neutral to Underperform at Mizuho; PT USD 29 (from USD 37)
  • Cheniere Energy (LNG) downgraded from Overweight to Equal Weight at Morgan Stanley; PT USD 236 (from USD 258)
  • Blue Owl Capital (OWL) downgraded from Buy to Hold at Deutsche Bank; PT USD 10 (from USD 15)
  • Preferred Bank (PFBC) downgraded from Buy to Neutral at Janney; PT USD 100

INITIATIONS

  • Abivax (ABVX) initiated at Underperform at Wedbush; PT USD 110
  • Acadia Pharmaceuticals (ACAD) initiated at Outperform at Wolfe Research; PT USD 33
  • Alkermes (ALKS) initiated at Outperform at Wolfe Research; PT USD 45
  • Apollo Global Management (APO) initiated at Sector Perform at RBC Capital
  • Ares Management (ARES) initiated at Outperform at RBC Capital; PT USD 173
  • Axsome Therapeutics (AXSM) initiated at Outperform at Wolfe Research; PT USD 230
  • Bloom Energy (BE) initiated at Neutral at Citi; PT USD 162
  • Blackstone (BX) initiated at Outperform at RBC Capital; PT USD 179
  • Carlyle Group (CG) initiated at Outperform at RBC Capital; PT USD 67
  • Centessa Pharmaceuticals (CNTA) initiated at Outperform at Wolfe Research; PT USD 40
  • Denali Therapeutics (DNLI) initiated at Peerperform at Wolfe Research
  • Eupraxia Pharmaceuticals (EPRX) initiated at Buy at Bloom Burton; PT USD 14
  • Eagle Materials (EXP) initiated at Sector Perform at RBC Capital; PT USD 208
  • Grindr (GRND) initiated at Equal Weight at Morgan Stanley; PT USD 14
  • KKR (KKR) initiated at Outperform at RBC Capital; PT USD 137
  • Neurocrine Biosciences (NBIX) initiated at Outperform at Wolfe Research; PT USD 160
  • Preferred Bank (PFBC) initiated at Neutral at Brean Capital; PT USD 100
  • Picsart (PICS) initiated at Buy at BofA Securities; PT USD 27
  • Praxis Precision Medicines (PRAX) initiated at Outperform at Wolfe Research; PT USD 500
  • uniQure (QURE) initiated at Peerperform at Wolfe Research
  • SailPoint (SAIL) initiated at Outperform at FBN Securities; PT USD 18
  • Scinai Immunotherapeutics (SCNX) initiated at Buy at Maxim Group; PT USD 1.50
  • Sionna Therapeutics (SION) initiated at Market Outperform at Citizens; PT USD 63
  • Stoke Therapeutics (STOK) initiated at Outperform at Wolfe Research; PT USD 40
  • TPG (TPG) initiated at Outperform at RBC Capital; PT USD 59
  • Tyra Biosciences (TYRA) initiated at Overweight at Cantor Fitzgerald
  • Venture Global (VG) initiated at Underweight at Morgan Stanley; PT USD 8
  • Cactus (WHD) initiated at Overweight at Piper Sandler; PT USD 73
  • Xenon Pharmaceuticals (XENE) initiated at Outperform at Wolfe Research; PT USD 60