BROKER MOVES: CHRW upgraded at Citi; ABNB downgraded at Phillip Secs on expensive valuation

UPGRADES

• Argenx (ARGX BB) ADRs Upgraded to Outperform at Wolfe; PT USD 697


• Avidbank (AVBH) Upgraded to Buy at Janney Montgomery; PT USD 26


• Bristol Myers (BMY) Upgraded to Outperform at Leerink; PT USD 73


• C.H. Robinson (CHRW) Upgraded to Buy at Citi; PT USD 125


• Carter's (CRI) Upgraded to Neutral at Citi; PT USD 50


• International Flavors (IFF) Upgraded to Overweight at Morgan Stanley


• SentinelOne (S) Upgraded to Buy at Deutsche Bank; PT USD 32


• South Atlantic Bancshares (SABK) Upgraded to Buy at Janney Montgomery


• Twilio (TWLO) Upgraded to Overweight at Wells Fargo; PT USD 120


• Viking Holdings (VIK) Upgraded to Overweight at Morgan Stanley; PT USD 49

DOWNGRADES

• AeroVironment Inc (AVAV) Downgraded to Hold at Jefferies; PT USD 240


• Airbnb (ABNB) Downgraded to Reduce at Phillip Secs; PT USD 120


• Alnylam (ALNY) Downgraded to Underperform at Wolfe; PT USD 205


• Arcadium Lithium (ALTM) Downgraded to Neutral at B Riley; PT USD 5.85


• Asbury Auto (ABG) Downgraded to Neutral at Seaport Global Securities


• Atlas Energy Solutions (AESI) Downgraded to Equal-Weight at Barclays; PT USD 19


• Baxter (BAX) Downgraded to Sell at CFRA


• First Mid Bancshares Inc (FMBH) Downgraded to Neutral at DA Davidson; PT USD 47


• Five9 (FIVN) Downgraded to Equal-Weight at Wells Fargo; PT USD 40


• GSK (GSK LN) ADRs Downgraded to Hold at Jefferies; PT USD 39.50


• Horace Mann (HMN) Downgraded to Market Perform at KBW; PT USD 44


• Hudson Pacific (HPP) Downgraded to Hold at Jefferies; PT USD 5


• Knight-Swift (KNX) Downgraded to Sell at Citi; PT USD 56


• Okta (OKTA) Downgraded to Hold at Deutsche Bank; PT USD 85


• Phunware (PHUN) Downgraded to Neutral at HC Wainwright; PT USD 6


• RAPT Therapeutics (RAPT) Downgraded to Neutral at Piper Sandler; PT USD 2


• Ross Stores (ROST) Downgraded to Neutral at Citi; PT USD 152


• RXO (RXO) Downgraded to Neutral at Citi; PT USD 33


• Schneider National (SNDR) Downgraded to Sell at Citi; PT USD 30


• Sprinklr (CXM) Downgraded to Underweight at Wells Fargo; PT USD 6


• TriCo Bancshares (TCBK) Downgraded to Neutral at DA Davidson; PT USD 53

INITIATIONS

• Allegro MicroSystems (ALGM) Initiated at New Buy at Loop Capital; PT USD 30


• Altimmune (ALT) Initiated at New Buy at UBS; PT USD 26


• Cadence Design (CDNS) Initiated at New Buy at Loop Capital; PT USD 360


• CRH (CRH) Reinstated Buy at HSBC; PT USD 116


• Marvell Technology (MRVL) Initiated at New Hold at Loop Capital; PT USD 95


• Monolithic Power (MPWR) Initiated at New Hold at Loop Capital; PT USD 660


• Nvidia (NVDA) Initiated at New Buy at Redburn; PT USD 178


• NXP Semi (NXPI) Initiated at New Buy at Loop Capital; PT USD 300


• ON Semi (ON) Initiated at New Buy at Loop Capital; PT USD 95


• Qorvo (QRVO) Initiated at New Hold at Loop Capital; PT USD 73


• Qualcomm (QCOM) Initiated at New Hold at Loop Capital; PT USD 180


• Rambus (RMBS) Initiated at New Buy at Loop Capital; PT USD 70


• Sagimet Biosciences (SGMT) Initiated at New Buy at UBS; PT USD 12


• Skyworks (SWKS) Initiated at New Hold at Loop Capital; PT USD 90


• Synopsys (SNPS) Initiated at New Buy at Loop Capital; PT USD 675


• Veon (VEON) ADRs Initiated at New Buy at Benchmark; PT USD 48

12 Nov 2024 - 12:21- Equities- Source: Newswires