US BROKER MOVES: QCOM upgraded at Morgan Stanley, AFRM downgraded
Newsquawk Staff ·
UPGRADES
- Xylem (XYL) Upgraded from Hold to Buy at Jefferies; PT USD 140 (prev USD 130)
- Workday (WDAY) Upgraded from Neutral to Buy at Monness Crespi Hardt; PT USD 150
- UWM Holdings (UWMC) Upgraded from Market Perform to Outperform at Keefe, Bruyette & Woods; PT USD 3.75 (prev USD 4.50)
- Qualcomm (QCOM) Upgraded from Underweight to Equalweight at Morgan Stanley; PT USD 231 (prev USD 146)
- Primoris Services (PRIM) Upgraded from Sell to Neutral at Goldman Sachs; PT USD 102 (prev USD 107)
- Keurig Dr Pepper (KDP) Upgraded from Equalweight to Overweight at Barclays; PT USD 36 (prev USD 30)
- ICON plc (ICLR) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 185 (prev USD 126)
- Canadian National Railway (CNI) Upgraded from In Line to Outperform at Evercore ISI; PT USD 124 (prev USD 108)
DOWNGRADES
- Tripadvisor (TRIP) Downgraded from Outperform to Neutral at ICBC International; PT USD 47.90
- PVH Corp (PVH) Downgraded from Neutral to Underperform at BofA Securities; PT USD 70 (prev USD 90)
- Identiv (INVE) Downgraded from Buy to Hold at Lake Street; PT USD 4 (prev USD 6)
- Identiv (INVE) Downgraded from Buy to Hold at Craig-Hallum; PT USD 3.10
- Brown-Forman (BF-B) Downgraded from Overweight to Equalweight at Barclays; PT USD 27
- Ares Commercial Real Estate (ARI) Downgraded from Buy to Neutral at BTIG
- Affirm Holdings (AFRM) Downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 79
INITIATIONS
- Omitted: BRUN, MLCI, VELO (not 100% confident on company identification).
- VICI Properties (VICI) Initiated Sector Perform at RBC Capital; PT USD 29
- Oklo (OKLO) Initiated Neutral at Guggenheim
- Landmark Bancorp (LARK) Initiated Neutral at Brean Capital; PT USD 33.50
- Intel (INTC) Initiated Neutral at Goldman Sachs; PT USD 150
- JFrog (FROG) Initiated Buy at Benchmark; PT USD 100
- Exelixis (EXEL) Initiated Hold at Truist Securities; PT USD 54
- Blue Bird Corporation (BLBD) Initiated Buy at Roth; PT USD 94
- Alpha & Omega Semiconductor (AOSL) Initiated Buy at Lake Street; PT USD 58
- Enact Holdings (ACT) Initiated Sector Perform at RBC Capital; PT USD 46
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