US BROKER MOVES: TGT upgraded at Wolfe; NKE downgraded at Evercore ISI
SourceNewsquawk
SectionUS Equities
UPGRADES
- Target (TGT) Upgraded from Peerperform to Outperform at Wolfe Research; PT USD 162
- Synopsys (SNPS) Upgraded from Neutral to Overweight at Piper Sandler; PT USD 550 (prev USD 450)
- IBM (IBM) Upgraded from Neutral to Overweight at JPMorgan; PT USD 291 (prev USD 270)
- CDW Corporation (CDW) Upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 170 (prev USD 142)
DOWNGRADES
- Ross Stores (ROST) Downgraded from Overweight to Equal Weight at Wells Fargo; PT USD 245
- Primoris Services (PRIM) Downgraded from Overweight to Sector Weight at KeyBanc
- Nike (NKE) Downgraded from Outperform to In Line at Evercore ISI; PT USD 46 (prev USD 57)
- Inspire Medical Systems (INSP) Downgraded from Outperform to In Line at Evercore ISI; PT USD 40 (prev USD 55)
- Home Depot (HD) Downgraded from Outperform to Peerperform at Wolfe Research
- Five Below (FIVE) Downgraded from Outperform to Peerperform at Wolfe Research
- Darden Restaurants (DRI) Downgraded from Outperform to In Line at Evercore ISI; PT USD 230
- Apogee Therapeutics (APGE) Downgraded from Buy to Neutral at UBS; PT USD 135.11 (prev USD 100)
- Arcosa (ACA) Downgraded from Buy to Hold at Texas Capital Securities; PT USD 150 (prev USD 144)
INITIATIONS
- Talon Energy (TLN) Initiated Hold at Jefferies; PT USD 453
- Permian Resources (PR) Initiated Outperform at Evercore ISI; PT USD 25
- Nkarta (NKTX) Initiated Buy at TD Cowen
- Molina Healthcare (MOH) Initiated Sector Perform at RBC Capital; PT USD 216
- Lumber Liquidators / LP Building Solutions (LPX) Initiated Buy at Jefferies; PT USD 93
- GE HealthCare (GEHC) Initiated Outperform at RBC Capital; PT USD 80
- Campbell's (CPB) Initiated Market Perform at William Blair
- Centene (CNC) Initiated Sector Perform at RBC Capital; PT USD 70