BROKER MOVES: AAPL upgraded at Jefferies; ADBE downgraded at Rothschild & Co Redburn

UPGRADES

• ABM Industries (ABM) Upgraded to Buy at Truist Secs; PT USD 58


• Apogee Enterprises (APOG) Upgraded to Outperform at Kansas City Capital


• Apple (AAPL) Upgraded to Hold at Jefferies; PT USD 188.32


• National Health Investors (NHI) Upgraded to Buy at Truist Secs; PT USD 77


• PagSeguro (PAGS) Upgraded to Outperform at Grupo Santander; PT USD 13


• Ross Stores (ROST) Upgraded to Buy at Jefferies; PT USD 150


• SLB (SLB) Upgraded to Outperform at ATB Capital; PT USD 43


• Visteon (VC) Upgraded to Outperform at Wolfe; PT USD 123


• WisdomTree (WT) Upgraded to Buy at Northcoast; PT USD 15

DOWNGRADES

• Adobe (ADBE) Downgraded to Sell at Rothschild & Co Redburn; PT USD 280


• Aptiv (APTV) Downgraded to Peerperform at Wolfe


• Arcos Dorados (ARCO) Downgraded to Neutral at JPMorgan; PT USD 8.80


• ARM Holdings (ARM) ADRs Downgraded to Neutral at Oddo BHF; PT USD 170


• Centene (CNC) Downgraded to Neutral at JPMorgan; PT USD 48


• Centene (CNC) Downgraded to Neutral at UBS; PT USD 45


• Cousins Properties (CUZ) Downgraded to Hold at Truist Secs


• Highwoods (HIW) Downgraded to Hold at Truist Secs


• Innovative Industrial (IIPR) Downgraded to Peerperform at Wolfe


• KeyCorp (KEY) Downgraded to Neutral at Baird; PT USD 18


• Stellantis (STLA) Downgraded to Underperform at Wolfe

INITIATIONS

• Amcor (AMCR) Initiated at New Buy at Jefferies; PT USD 12


• Aveanna Healthcare (AVAH) Initiated at New Equal-Weight at Barclays; PT USD 5.50


• Block (XYZ) Initiated at New Buy at Compass Point; PT USD 80


• Camtek/Israel (CAMT) Initiated at New Outperform at Oppenheimer; PT USD 100


• Cava Group (CAVA) Initiated at New Overweight at KeyBanc; PT USD 100


• Chime Financial (CHYM) Initiated at New Underperform at Autonomous; PT USD 28


• Chime Financial (CHYM) Initiated at New Neutral at Compass Point; PT USD 33


• Crocs (CROX) Reinstated Sell at Goldman; PT USD 88


• D-Wave Quantum (QBTS) Initiated at New Overweight at Cantor; PT USD 20


• Deckers Outdoor (DECK) Reinstated Sell at Goldman; PT USD 90


• Dianthus Therapeutics Inc (DNTH) Initiated at New Outperform at William Blair


• DoubleDown Interactive (DDI) ADRs Initiated at New Buy at Texas Capital


• IonQ (IONQ) Initiated at New Overweight at Cantor; PT USD 45


• IQSTEL (IQST) Initiated at New Buy at Litchfield Hills; PT USD 18


• Jabil (JBL) Resumed Buy at Stifel; PT USD 245


• Oscar Health (OSCR) Initiated at New Underweight at Barclays; PT USD 17


• Phillips Edison (PECO) Initiated at New Equal-Weight at Barclays; PT USD 37


• Primo Brands (PRMB) Initiated at New Overweight at Morgan Stanley; PT USD 38


• Qifu Technology (QFIN) ADRs Initiated at New Overweight at JPMorgan; PT USD 65


• Quantum Computing (QUBT) Initiated at New Neutral at Cantor; PT USD 15


• Rigetti Computing (RGTI) Initiated at New Overweight at Cantor; PT USD 15


• Tanger (SKT) Initiated at New Equal-Weight at Barclays; PT USD 33


• Under Armour (UAA) Reinstated Neutral at Goldman; PT USD 7


• Zevra Therapeutics Inc (ZVRA) Initiated at New Buy at HC Wainwright; PT USD 26

02 Jul 2025 - 12:09- Equities- Source: Newswires