BROKER MOVES: CSCO upgraded at Wells Fargo; AA downgraded at UBS

UPGRADES

• Cisco (CSCO) Upgraded to Overweight at Wells Fargo; PT USD 75


• CytomX (CTMX) Upgraded to Buy at HC Wainwright; PT USD 5


• Fulcrum Therapeutics (FULC) Upgraded to Overweight at Cantor; PT USD 10


• Pinterest (PINS) Upgraded to Outperform at Wolfe; PT USD 40

DOWNGRADES

• Alcoa (AA) Downgraded to Neutral at UBS; PT USD 31


• Americold Realty Trust (COLD) Downgraded to Sector Perform at Scotiabank


• Ares Management (ARES) Downgraded to Market Perform at Oppenheimer


• CrowdStrike (CRWD) Downgraded to Neutral at Mizuho Securities; PT USD 425


• Dick's Sporting (DKS) Downgraded to Hold at TD Cowen; PT USD 216


• Endava (DAVA) ADRs Downgraded to Hold at TD Cowen


• Geopark (GPRK) Downgraded to Underperform at Bradesco BBI; PT USD 6


• Grove Collaborative (GROV) Downgraded to Market Perform at Telsey; PT USD 1.20


• Hamilton Lane (HLNE) Downgraded to Market Perform at Oppenheimer


• JetBlue (JBLU) Downgraded to Market Perform at Raymond James


• Luminar (LAZR) Downgraded to Neutral at JPMorgan


• Nkarta (NKTX) Downgraded to Market Perform at William Blair


• Rubrik (RBRK) Downgraded to Neutral at Mizuho Securities; PT USD 86


• Shoals Technologies (SHLS) Downgraded to Underperform at BNPP Exane; PT USD 4

INITIATIONS

• Badger Meter (BMI) Reinstated Buy at William O'Neil


• Bank of America (BAC) Initiated at New Buy at TD Cowen; PT USD 53


• Citigroup (C) Initiated at New Hold at TD Cowen; PT USD 83


• Citizens Financial (CFG) Initiated at New Buy at TD Cowen; PT USD 57


• Dutch Bros (BROS) Reinstated Buy at William O'Neil


• Eaton Corp (ETN) Initiated at New Outperform at BNPP Exane; PT USD 380


• Fifth Third (FITB) Initiated at New Buy at TD Cowen; PT USD 52


• First Citizens (FCNCA) Initiated at New Buy at TD Cowen; PT USD 2,400


• GeneDx Holdings Corp (WGS) Initiated at New Buy at Guggenheim; PT USD 88


• Huntington Bancshares (HBAN) Initiated at New Buy at TD Cowen; PT USD 20


• JPMorgan (JPM) Initiated at New Buy at TD Cowen; PT USD 305


• KeyCorp (KEY) Initiated at New Hold at TD Cowen; PT USD 18


• M&T Bank (MTB) Initiated at New Buy at TD Cowen; PT USD 230


• NeoGenomics (NEO) Initiated at New Neutral at Guggenheim


• Nvidia (NVDA) Reinstated Buy at William O'Neil


• On Holding (ONON) Reinstated Buy at William O'Neil


• Oncology Institute (TOI) Initiated at New Buy at BTIG; PT USD 7


• Personalis (PSNL) Initiated at New Buy at Guggenheim; PT USD 6


• PNC Financial (PNC) Initiated at New Buy at TD Cowen; PT USD 233


• Regions Financial (RF) Initiated at New Buy at TD Cowen; PT USD 31


• Rubrik (RBRK) Initiated at New Buy at Roth Capital Partners; PT USD 97


• SPX Technologies (SPXC) Initiated at New Buy at B Riley; PT USD 195


• Tvardi Therapeutics (TVRD) Initiated at New Buy at BTIG; PT USD 55


• U.S. Bancorp (USB) Initiated at New Buy at TD Cowen; PT USD 60


• Webtoon (WBTN) Initiated at New Buy at Citi; PT USD 11


• Wells Fargo (WFC) Initiated at New Hold at TD Cowen; PT USD 83


• WEX (WEX) Reinstated Market Perform at Oppenheimer

15 May 2025 - 12:12- Equities- Source: Newswires