BROKER MOVES: AMD upgraded at HSBC; MCD upgraded at Goldman, CAKE downgraded

UPGRADES

• AMD (AMD) Upgraded to Buy at HSBC; PT USD 200


• Carlyle Group (CG) Upgraded to Buy at Citi; PT USD 65


• Frontier (FYBR) Upgraded to Equal-Weight at Morgan Stanley; PT USD 38.50


• Huntington Ingalls (HII) Upgraded to Buy at TD Cowen; PT USD 300


• McDonald's (MCD) Upgraded to Buy at Goldman; PT USD 345


• National Health Investors (NHI) Upgraded to Overweight at KeyBanc


• Oracle (ORCL) Upgraded to Overweight at Piper Sandler; PT USD 270


• Piper Sandler (PIPR) Upgraded to Outperform at Wolfe; PT USD 339


• Roku (ROKU) Upgraded to Overweight at KeyBanc; PT USD 115


• Synovus (SNV) Upgraded to Overweight at Wells Fargo; PT USD 62


• Trex (TREX) Upgraded to Outperform at Baird; PT USD 75


• Zebra Tech (ZBRA) Upgraded to Outperform at BNPP Exane; PT USD 408

DOWNGRADES

• Centene (CNC) Downgraded to Equal-Weight at Morgan Stanley; PT USD 33


• Cheesecake Factory (CAKE) Downgraded to Neutral at Goldman; PT USD 67


• Coinbase (COIN) Downgraded to Sell at HC Wainwright; PT USD 300


• Columbia Banking (COLB) Downgraded to Equal-Weight at Wells Fargo; PT USD 27


• Core Scientific (CORZ) Downgraded to Hold at Needham


• CoreWeave (CRWV) Downgraded to Hold at Needham


• CRH (CRH) Downgraded to Neutral at DA Davidson; PT USD 105


• Lockheed (LMT) Downgraded to Hold at TD Cowen; PT USD 480


• MFA Financial (MFA) Downgraded to Market Perform at KBW; PT USD 10


• Molina (MOH) Downgraded to Equal-Weight at Morgan Stanley; PT USD 266


• Nike (NKE) Downgraded to Hold at DZ Bank; PT USD 76


• Redwood Trust (RWT) Downgraded to Market Perform at KBW; PT USD 6.50


• RenaissanceRe (RNR) Downgraded to Equal-Weight at Wells Fargo; PT USD 269


• RxSight (RXST) Downgraded to Hold at Jefferies; PT USD 9


• TKO (TKO) Downgraded to Neutral at Northcoast


• UWM Holdings (UWMC) Downgraded to Market Perform at KBW; PT USD 4.50


• Verizon (VZ) Downgraded to Equal-Weight at Morgan Stanley; PT USD 47


• Workday (WDAY) Downgraded to Underweight at Piper Sandler; PT USD 235

INITIATIONS

• AMD (AMD) Initiated at New Neutral at Goldman


• Amkor Technology (AMKR) Initiated at New Neutral at Goldman


• Amylyx Pharmaceuticals (AMLX) Reinstated Buy at Goldman; PT USD 10


• Analog Devices (ADI) Initiated at New Buy at Goldman; PT USD 285


• ANI Pharma (ANIP) Initiated at New Buy at HC Wainwright; PT USD 84


• Applied Materials (AMAT) Initiated at New Buy at Goldman; PT USD 225


• ARM Holdings (ARM) ADRs Initiated at New Neutral at Goldman


• ArriVent Biopharma (AVBP) Reinstated Buy at Goldman; PT USD 33


• AST SpaceMobile (ASTS) Initiated at New Buy at Clear Street; PT USD 59


• Avidity Biosciences (RNA) Reinstated Buy at Goldman; PT USD 55


• Broadcom (AVGO) Initiated at New Buy at Goldman; PT USD 315


• Burke & Herbert Financial Services (BHRB) US Initiated at New Buy at Janney Montgomery; PT USD 70


• Cadence Design (CDNS) Initiated at New Buy at Goldman


• Candel Therapeutics (CADL) Initiated at New Buy at Brookline Capital; PT USD 25


• CG Oncology (CGON) Reinstated Buy at Goldman; PT USD 40


• Crinetics Pharma (CRNX) Initiated at New Neutral at Goldman; PT USD 36


• Dave & Buster's (PLAY) Initiated at New Buy at Texas Capital; PT USD 48


• Digital Realty (DLR) Reinstated Neutral at Guggenheim


• Entegris (ENTG) Initiated at New Neutral at Goldman


• Equifax (EFX) Initiated at New Market Perform at BMO; PT USD 280


• Equinix (EQIX) Initiated at New Buy at Guggenheim; PT USD 933


• Fair Isaac (FICO) Initiated at New Outperform at BMO; PT USD 2,000


• Geron (GERN) Reinstated Sell at Goldman; PT USD 1


• GlobalFoundries (GFS) Initiated at New Neutral at Goldman


• Halozyme (HALO) Reinstated Neutral at Goldman; PT USD 55


• Harmony Biosciences (HRMY) Reinstated Neutral at Goldman; PT USD 33


• Hesai Group (HSAI) ADRs Initiated at New Buy at Guosheng Securities; PT USD 30


• Ideaya Biosciences (IDYA) Reinstated Neutral at Goldman; PT USD 25


• Immunovant (IMVT) Reinstated Neutral at Goldman; PT USD 18


• KLA Corp (KLAC) Reinstated Neutral at Goldman; PT USD 980


• Lam Research (LRCX) Initiated at New Buy at Goldman; PT USD 115


• Lucky Strike (LUCK) Initiated at New Buy at Texas Capital; PT USD 14


• Marvell Technology (MRVL) Initiated at New Neutral at Goldman


• Microchip (MCHP) Initiated at New Buy at Goldman; PT USD 88


• Micron (MU) Initiated at New Neutral at Goldman


• Micron (MU) Initiated at New Buy at Deutsche Bank


• MKS Inc. (MKSI) Initiated at New Sell at Goldman; PT USD 90


• Nano Nuclear Energy (NNE) Initiated at New Buy at Ladenburg Thalmann; PT USD 51


• Napco Security Technologies (NSSC) US Initiated at New Outperform at Mizuho Securities; PT USD 39


• Nvidia (NVDA) Initiated at New Buy at Goldman; PT USD 185


• NXP Semi (NXPI) Initiated at New Buy at Goldman


• ON Semi (ON) Initiated at New Neutral at Goldman


• Paychex (PAYX) Reinstated Market Perform at BMO; PT USD 160


• Performant Healthcare (PHLT) Initiated at New Market Outperform at Citizens


• Qorvo (QRVO) Initiated at New Neutral at Goldman


• Rhythm Pharma (RYTM) Reinstated Buy at Goldman; PT USD 97


• Roivant Sciences (ROIV) Reinstated Buy at Goldman; PT USD 19


• Sandisk (SNDK) Initiated at New Buy at Goldman; PT USD 55


• Seagate (STX) Initiated at New Buy at Goldman; PT USD 170


• Skyworks (SWKS) Initiated at New Sell at Goldman; PT USD 70


• Synopsys (SNPS) Initiated at New Buy at Goldman; PT USD 620


• Teradyne (TER) Initiated at New Sell at Goldman; PT USD 80


• Terns (TERN) Reinstated Early Stage at Goldman


• Texas Instruments (TXN) Initiated at New Buy at Goldman; PT USD 255


• TG Therapeutics (TGTX) Reinstated Neutral at Goldman; PT USD 37


• Topgolf Callaway Brands (MODG) Initiated at New Hold at Texas Capital; PT USD 8


• TransUnion (TRU) Initiated at New Outperform at BMO; PT USD 115


• Western Digital (WDC) Initiated at New Neutral at Goldman

10 Jul 2025 - 12:12- - Source: Newswires