US BROKER MOVES: YUM upgraded at MS; T downgraded at Oppenheimer
Newsquawk StaffPublished On the live feed at — 9 more headlines followed before this page went public
Newsquawk headlinesUTC
Brazilian Industrial Production YoY (Apr) Y/Y 2.7% vs. Exp. 1.7% (Prev. 4.3%)
Brazilian Industrial Production MoM (Apr) M/M 0.7% vs. Exp. 0.4% (Prev. 0.1%)
US BROKER MOVES: YUM upgraded at MS; T downgraded at Oppenheimer
Stripe, Visa (V), Mastercard (MA) are said to be among backers of soon-to-debut stablecoin platform, CoinDesk reports
Swiss President Parmelin says he met with USTR Greer on sidelines of OECD in Paris; reiterated Swiss position on forced labur; both sides continue to work on solutions
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
- Acadia Healthcare (ACHC) Upgraded from Hold to Buy at Jefferies; PT USD 30.00 (prev. USD 24.50)
- Aveanna Healthcare (AVAH) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 10.00
- SSR Mining (SSRM) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 40.00 (prev. USD 45.00)
- Yum! Brands (YUM) Upgraded from Equalweight to Overweight at Morgan Stanley; PT USD 185.00 (prev. USD 180.00)
DOWNGRADES
- AT&T (T) Downgraded from Outperform to Perform at Oppenheimer
- CareTrust REIT (CARE) Downgraded from Outperform to Market Perform at Hovde Group; PT USD 30.00 (prev. USD 28.00)
- Conagra Brands (CAG) Downgraded from Market Perform to Underperform at Bernstein SocGen Group; PT USD 12.00 (prev. USD 16.00)
- Campbell’s (CPB) Downgraded from Market Perform to Underperform at Bernstein SocGen Group; PT USD 19.00 (prev. USD 21.00)
- Chipotle Mexican Grill (CMG) Downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 37.00 (prev. USD 49.00)
- General Mills (GIS) Downgraded from Market Perform to Underperform at Bernstein SocGen Group; PT USD 31.00 (prev. USD 44.00)
- Kraft Heinz (KHC) Downgraded from Market Perform to Underperform at Bernstein SocGen Group; PT USD 21.00 (prev. USD 25.00)
- MGM Resorts (MGM) Downgraded from Buy to Hold at CBRE Equity Research; PT USD 50.00
- Nu Holdings (NU) Downgraded from Positive to Neutral at Susquehanna; PT USD 13.00 (prev. USD 18.00)
- Shake Shack (SHAK) Downgraded from Strong Buy to Outperform at Raymond James; PT USD 85.00 (prev. USD 125.00)
- Shake Shack (SHAK) Downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 76.00 (prev. USD 115.00)
- Simply Good Foods (SMPL) Downgraded from Outperform to Market Perform at Bernstein SocGen Group; PT USD 12.00 (prev. USD 17.00)
- Thermo Fisher Scientific (TMO) Downgraded from Buy to Hold at HSBC; PT USD 540.00 (prev. USD 670.00)
- VSXY (VSXY) Downgraded from Buy to Neutral at UBS; PT USD 90.00 (prev. USD 81.00)
- VSXY (VSXY) Downgraded from Buy to Hold at Jefferies; PT USD 73.00 (prev. USD 65.00)
- Yext (YEXT) Downgraded from Buy to Neutral at B. Riley; PT USD 5.00 (prev. USD 8.00)
INITIATIONS
- Adagio Medical Holdings (ADGM) Initiated with Buy at Lucid Capital Markets, PT USD 3/shr
- BridgeBio Pharma (BBIO) Initiated with Buy at Canaccord, PT USD 104/shr
- Boyd Gaming (BYD) Initiated with Buy at Texas Capital Securities, PT USD 106/shr
- Danaher (DHR) Initiated with Buy at DZ Bank, PT USD 210/shr
- FDXF (FDXF) Initiated with Outperform at Raymond James, PT USD 180/shr
- GE Vernova (GEV) Initiated with Market Perform at Raymond James
- HQ (HQ) Initiated with Buy at Needham, PT USD 20/shr
- LATAM Airlines (LTM) Initiated with Overweight at JPMorgan, PT USD 70/shr
- Microbot Medical (MBOT) Initiated with Buy at Lucid Capital Markets, PT USD 4/shr
- Merlin Labs (MRLN) Initiated with Buy at TD Cowen, PT USD 11/shr
- Neurogene (NGNE) Initiated with Buy at Rodman & Renshaw, PT USD 70/shr
- Norwegian Cruise Line (NCLH) Initiated with Market Perform at Bernstein SocGen Group, PT USD 18/shr
- Omnicom Group (OMC) Initiated with Buy at Goldman Sachs, PT USD 146/shr
- Construction Partners (ROAD) Initiated with Hold at Truist Securities, PT USD 130/shr
- SS Innovations International (SSII) Initiated with Buy at Lucid Capital Markets, PT USD 7/shr
- TE (TE) Initiated with Outperform at Northland, PT USD 16/shr
- Upstream Bio (UPB) Initiated with Buy at H.C. Wainwright, PT USD 36/shr
- Viking Holdings (VIK) Initiated with Outperform at Bernstein SocGen Group, PT USD 120/shr
- Vox Royalty (VOXR) Initiated with Buy at Roth/MKM, PT USD 8/shr
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 12 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results2 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20263 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging9 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes1 hour ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks9 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs10 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies12 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes1 hour ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates5 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20307 hours ago
- Newsquawk Daily US Earnings Estimates: 9th September 2026 - COO16 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)7 hours ago
- Google (GOOG) is to invest a minimum of EUR 13bln in Finland’s AI infrastructure in 2027-28, according to Finnish broadcaster YLE2 hours ago
- US Department of Justice plans closer scrutiny of Fox's (FOXA) USD 22bln Roku (ROKU) deal, according to Semafor9 hours ago
- Merck (MRK) veteran and psychedelics developer tapped for top FDA job12 hours ago
- Broadcom (AVGO) CEO says co. can lock in chip supply for 2027 and it is in the process of locking in 2028 supply 13 hours ago
- OpenAI is launching ChatGPT Images 2.5 on Tuesday, Axios reports14 hours ago
- OpenAI CFO says enterprise business has been "on a tear", CNBC reports15 hours ago
- FDA notes FI recalls dog supplements due to possible salmonella contamination15 hours ago
The whole workspace, free to try.
Try it free