US BROKER MOVES: TMUS upgraded at Daiwa; HUN downgraded at JPM
Daiwa's upgrade of T-Mobile (TMUS) from Neutral to Outperform signals increased confidence in the stock's potential, with a target price set at $240, suggesting strong future growth prospects.
Newsquawk StaffPublished On the live feed at — 5 more headlines followed before this page went public
Newsquawk headlinesUTC
Around five firms are considering US IG bond sales for Thursday, according to Bloomberg survey
US PRE-MARKET MOVERS: DASH, EBAY, DE, OXY, CHWY, DELL, WMT, TAP, CVNA
US BROKER MOVES: TMUS upgraded at Daiwa; HUN downgraded at JPM
Polish PM Tusk says Polish citizens in Iran should leave immediately. 'In a few hours, there may be no more possibility to evacuate', via MSNOWnews
Southern Company (SO) Q4 2025 (USD): Adj. EPS 0.55 (exp. 0.56), Revenue 7bln (exp. 6.10bln)
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.
Free. No signup, no card.
UPGRADES
- ZIM Integrated Shipping (ZIM) upgraded from Sell to Neutral at Citi; PT USD 31.80
- T-Mobile (TMUS) upgraded from Neutral to Outperform at Daiwa; PT USD 240
- Symbotic (SYM) upgraded from Neutral to Overweight at KeyBanc; PT USD 70
- QuantumScape (QS) upgraded from Sell to Hold at HSBC; PT USD 8.30
- Nicolet Bankshares (NIC) upgraded from Neutral to Overweight at Piper Sandler
- Neptune Insurance (NP) upgraded from Neutral to Outperform at KBW; PT USD 25
- LeonaBio Inc (LONA) upgraded from Neutral to Outperform at Mizuho Securities
- Garmin (GRMN) upgraded from Underweight to Equal-Weight at Morgan Stanley; PT USD 252
- Dentsply (XRAY) upgraded from Neutral to Buy at BofA; PT USD 17
- Cineverse Corp (CNVS) upgraded from Neutral to Buy at Benchmark; PT USD 12
- Chewy (CHWY) upgraded from Neutral to Outperform at Raymond James; PT USD 28
DOWNGRADES
- SimilarWeb (SMWB) downgraded from Buy to Hold at Needham
- RF Industries (RFIL) downgraded from Buy to Neutral at B Riley; PT USD 10.25
- Polestar (PSNY) ADRs downgraded from Neutral to Underweight at Cantor
- Mister Car Wash (MCW) downgraded from Buy to Neutral at Mizuho Securities; PT USD 7
- Huntsman (HUN) downgraded from Overweight to Neutral at JPMorgan; PT USD 14
- HF Sinclair (DINO) downgraded from Outperform to Sector Perform at Scotiabank; PT USD 53
- Fiverr (FVRR) downgraded from Overweight to Neutral at JPMorgan; PT USD 15
- Cheesecake Factory (CAKE) downgraded from Overweight to Equal-Weight at Stephens; PT USD 65
INITIATIONS
- Tempus AI (TEM) initiated at Outperform at Mizuho Securities; PT USD 100
- Surrozen (SRZN) initiated at Overweight at Cantor; PT USD 40
- Rhythm Pharma (RYTM) initiated at Outperform at RBC; PT USD 145
- Perspective Therapeutics (CATX) initiated at Overweight at Piper Sandler
- Lear (LEA) initiated at Buy at Benchmark; PT USD 170
- Kiniksa Pharmaceuticals (KNSA) initiated at Buy at Canaccord; PT USD 62
- Grail (GRAL) initiated at Hold at TD Cowen; PT USD 114
- Fossil (FOSL) initiated at Outperform at Northland; PT USD 7
- Credo Technology (CRDO) initiated at Buy at Goldman; PT USD 165
- BioHarvest Sciences Inc (BHST) initiated at Buy at Roth Capital Partners
- Axogen (AXGN) initiated at Overweight at Wells Fargo; PT USD 40
Context
Conversely, Huntsman's downgrade by JPMorgan from Overweight to Neutral could indicate potential headwinds for the company, which may affect market perception and share performance in the near term, particularly in a volatile economic environment.
Related headlines
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms2 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat2 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee4 hours ago
- US President Trump says "It is very good for Canadian Politicians like PM Carney to make Trump “the enemy,” until their Economy collapses then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician"33 min ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran4 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before4 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port4 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass4 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits5 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports1 hour ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages5 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress3 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike2 hours ago
- Nvidia (NVDA) confirms it is to acquire Hugging Face for USD 12.93bln; Hugging Face will remain an open platform3 hours ago
- Campbell's (CPB) Q4 2026 (USD): Adj. EPS 0.39 (exp. 0.40), revenue 2.14bln (exp. 2.15bln). Cuts quarterly dividend to accelerate debt reduction 4 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation3 hours ago
- Polestar (PSNY) Q2 2026 (USD): Revenue 727mln (exp. 865mln)4 hours ago
- Ciena (CIEN) Q3 2026 (USD): Adj. EPS 2.11 (exp. 1.72), Revenue 1.67bln (exp. 1.63bln), sees FY26 revenue 6.42 (exp. 6.34bln)4 hours ago
- BoE's Pill explains why he supported raising bank rate to 4% in recent MPC meetings; argues that clear, prompt and decisive policy action and communication would help steer markets, reduce uncertainty and support monetary policy transmission47 min ago
- US BROKER MOVES: AVGO upgraded at Macquarie; MRNA downgraded at Rothschild Redburn3 hours ago
The whole workspace, free to try.
Try it free