
BROKER MOVES: CRM upgraded at TD Cowen; SPOT downgraded at Wolfe Research on revenue forecasts looking "full"
UPGRADES
- American Air (AAL) Upgraded to Neutral at BofA; PT USD 20
- Applied Materials (AMAT) Upgraded to Overweight at KeyBanc; PT USD 225
- AT&T (T) Upgraded to Neutral at Arete; PT USD 19
- Axalta (AXTA) Upgraded to Outperform at Wolfe; PT USD 41
- Clearwater Analytics (CWAN) Upgraded to Overweight at Morgan Stanley
- Cloudflare (NET) Upgraded to Buy at Citi
- DuPont de Nemours (DD) Upgraded to Outperform at Wolfe
- Edison International (EIX) Upgraded to Overweight at JPMorgan; PT USD 96
- EnerSys (ENS) Upgraded to Outperform at Oppenheimer; PT USD 115
- Lam Research (LRCX) Upgraded to Overweight at KeyBanc; PT USD 95
- Lumentum (LITE) Upgraded to Overweight at Barclays; PT USD 125
- MoonLake Immunotherapeutics (MLTX) Upgraded to Buy at Goldman; PT USD 82
- Salesforce Inc (CRM) Upgraded to Buy at TD Cowen; PT USD 400
- Ventas (VTR) Upgraded to Outperform at Baird; PT USD 65
DOWNGRADES
- Crocs (CROX) Downgraded to Hold at Williams Trading; PT USD 112
- HubSpot (HUBS) Downgraded to Hold at TD Cowen; PT USD 725
- JetBlue (JBLU) Downgraded to Underperform at BofA; PT USD 6.50
- Lucky Strike (LUCK) Downgraded to Neutral at JPMorgan; PT USD 12
- Paycor HCM (PYCR) Downgraded to Hold at TD Cowen; PT USD 22.50
- Polestar (PSNY) ADRs Downgraded to Neutral at Cantor
- Southwest Air (LUV) Downgraded to Underperform at BofA; PT USD 31
- Spotify (SPOT) Downgraded to Peerperform at Wolfe
INITIATIONS
- Apogee Enterprises (APOG) Initiated at New Buy at Singular Research; PT USD 66.50
- Atlassian (TEAM) Initiated at New Neutral at Cantor; PT USD 264
- Builders FirstSource (BLDR) Initiated at New Outperform at Raymond James
- Commvault Systems Inc (CVLT) Reinstated Neutral at Cantor; PT USD 159
- Conoco (COP) Reinstated Buy at TD Cowen; PT USD 125
- DigitalOcean (DOCN) Initiated at New Neutral at Cantor; PT USD 39
- Dynatrace (DT) Initiated at New Neutral at Cantor; PT USD 58
- Elastic (ESTC) Initiated at New Neutral at Cantor; PT USD 108
- Exelixis (EXEL) Initiated at New Buy at William O'Neil
- Expand Energy Corp (EXE) Initiated at New Hold at TD Cowen; PT USD 108
- Flutter (FLUT) Initiated at New Buy at Stifel; PT USD 320
- Informatica (INFA) Initiated at New Neutral at Cantor; PT USD 29
- Microsoft (MSFT) Initiated at New Overweight at Cantor; PT USD 509
- Monday.com (MNDY) Initiated at New Overweight at Cantor; PT USD 292
- MongoDB (MDB) Initiated at New Overweight at Cantor; PT USD 344
- Oracle (ORCL) Reinstated Overweight at Cantor; PT USD 214
- Orion Group (ORN) Reinstated Buy at DA Davidson; PT USD 11
- Palantir (PLTR) Initiated at New Neutral at Cantor; PT USD 72
- Penumbra (PEN) Initiated at New Buy at William O'Neil
- ServiceNow (NOW) Initiated at New Overweight at Cantor; PT USD 1,332
- Snowflake (SNOW) Initiated at New Overweight at Cantor; PT USD 201
- Sterling Infrastructure (STRL) Initiated at New Outperform at William Blair
- Teradyne (TER) Reinstated Buy at William O'Neil
- Watsco (WSO) Initiated at New Market Perform at Raymond James
- Zoom Communications Inc (ZM) Reinstated Neutral at Cantor; PT USD 87
17 Jan 2025 - 13:31- - Source: Newswires
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