BROKER MOVES: CMG upgraded at Morgan Stanley; LUV downgraded at JPM

UPGRADES

• ACNB (ACNB) Upgraded to Overweight at Piper Sandler


• BeiGene (ONC) ADRs Upgraded to Buy at BofA; PT USD 320


• Bowhead Specialty (BOW) Upgraded to Outperform at KBW; PT USD 44


• Charles River (CRL) Upgraded to Neutral at Redburn; PT USD 188


• Check Point Software (CHKP) Upgraded to Overweight at Piper Sandler


• Chipotle (CMG) Upgraded to Overweight at Morgan Stanley; PT USD 70


• Gray Media (GTN) Upgraded to Equal-Weight at Wells Fargo; PT USD 4


• Intra-Cellular (ITCI) Upgraded to Buy at Canaccord; PT USD 132


• Kinder Morgan (KMI) Upgraded to Overweight at Barclays; PT USD 31


• Melco Resorts (MLCO) ADRs Upgraded to Overweight at Morgan Stanley


• Middlesex Water (MSEX) Upgraded to Outperform at Baird; PT USD 61


• Mosaic (MOS) Upgraded to Overweight at JPMorgan; PT USD 29


• MYT Netherlands Parent (MYTE) ADRs Upgraded to Buy at TD Cowen


• UWM Holdings (UWMC) Upgraded to Outperform at KBW; PT USD 7.50

DOWNGRADES

• AGCO (AGCO) Downgraded to Neutral at Baird; PT USD 100


• CNH Industrial (CNH) Downgraded to Neutral at Baird; PT USD 15


• Deere (DE) Downgraded to Neutral at Baird; PT USD 501


• Dollar General (DG) Downgraded to Hold at Deutsche Bank; PT USD 80


• DoubleVerify (DV) Downgraded to Neutral at Cannonball Research; PT USD 14


• Fox Corp (FOXA) Downgraded to Neutral at Arete; PT USD 66


• FTAI Aviation (FTAI) Downgraded to Neutral at Stifel; PT USD 123


• Kimbell Royalty Partners (KRP) Downgraded to Market Perform at Raymond James


• Praxis Precision (PRAX) Downgraded to Underperform at Wedbush; PT USD 26


• Sempra (SRE) Downgraded to Hold at Jefferies; PT USD 77


• Southwest Air (LUV) Downgraded to Underweight at JPMorgan; PT USD 25


• Zai Lab (ZLAB) ADRs Downgraded to Neutral at BofA

INITIATIONS

• Amplitude (AMPL) Initiated at New Buy at Needham; PT USD 16


• Aurora Innovation (AUR) Initiated at New Overweight at Morgan Stanley; PT USD 12


• Enphase Energy (ENPH) Initiated at New Neutral at Redburn; PT USD 61


• First Solar (FSLR) Initiated at New Neutral at Redburn; PT USD 150


• Immunovant (IMVT) Initiated at New Hold at Jefferies; PT USD 20


• NiSource (NI) Initiated at New Outperform at Haitong Intl; PT USD 47.73


• Sandisk (SNDK) Initiated at New Overweight at Morgan Stanley; PT USD 84


• TuHURA Biosciences Inc (HURA) Initiated at New Buy at HC Wainwright; PT USD 13

03 Mar 2025 - 12:56- Equities- Source: Newswires