BROKER MOVES: EL upgraded at Goldman Sachs; INTC, GFS, TXN downgraded at BofA, AMAT upgraded

UPGRADES

• AMD (AMD) Upgraded to Outperform at KGI Securities; PT USD 260


• Argan (AGX) Upgraded to Overweight at JPMorgan; PT USD 315


• Commvault Systems (CVLT) Upgraded to Overweight at Piper Sandler; PT USD 200


• Estee Lauder (EL) Upgraded to Buy at Goldman; PT USD 115


• Global Medical REIT (GMRE) Upgraded to Market Outperform at Citizens


• Karyopharm (KPTI) Upgraded to Buy at HC Wainwright; PT USD 15


• Newmont Corp (NEM) Upgraded to Buy at Goldman; PT USD 104.30


• Palo Alto Networks (PANW) Upgraded to Buy at BTIG; PT USD 248


• Progress Software (PRGS) Upgraded to Buy at Citi; PT USD 57


• Public Storage (PSA) Upgraded to Buy at Deutsche Bank


• Shake Shack (SHAK) Upgraded to Hold at Jefferies; PT USD 95


• Sprouts Farmers (SFM) Upgraded to Outperform at RBC; PT USD 148


• WEC Energy (WEC) Upgraded to Buy at Ladenburg Thalmann; PT USD 126.50


• Yelp (YELP) Upgraded to Outperform at Evercore ISI

DOWNGRADES

• Akero Therapeutics (AKRO) Downgraded to Hold at TD Cowen; PT USD 58


• Axcelis Technologies (ACLS) Downgraded to Underperform at BofA


• Baldwin Insurance (BWIN) Downgraded to Market Perform at BMO; PT USD 33


• Civitas Resources (CIVI) Downgraded to Hold at SWS


• Eversource (ES) Downgraded to Neutral at Janney Montgomery; PT USD 72


• Fair Isaac (FICO) Downgraded to Market Perform at Oppenheimer


• GlobalFoundries (GFS) Downgraded to Underperform at BofA


• Intel (INTC) Downgraded to Underperform at BofA; PT USD 34


• Liberty Energy (LBRT) Downgraded to Equal-Weight at Barclays; PT USD 12


• Marqeta (MQ) Downgraded to Sell at Goldman


• Patterson-UTI (PTEN) Downgraded to Equal-Weight at Barclays


• PayPal (PYPL) Downgraded to Sell at Goldman; PT USD 70


• Portillo's (PTLO) Downgraded to Hold at Jefferies; PT USD 6


• ProPetro (PUMP) Downgraded to Equal-Weight at Barclays


• Texas Instruments (TXN) Downgraded to Underperform at BofA; PT USD 190

INITIATIONS

• AnaptysBio (ANAB) Initiated at New Overweight at Barclays; PT USD 78


• Atai Life Sciences (ATAI) Initiated at New Buy at Needham; PT USD 12


• BXP (BXP) Initiated at New Buy at Ladenburg Thalmann; PT USD 85


• Celldex (CLDX) Initiated at New Underweight at Barclays; PT USD 25


• Climb Bio Inc (CLYM) Initiated at New Buy at HC Wainwright; PT USD 9


• Cooper Cos (COO) Initiated at New Overweight at Barclays


• Corvus Pharmaceuticals (CRVS) Initiated at New Overweight at Barclays; PT USD 16


• Essential Properties (EPRT) Initiated at New Buy at Berenberg; PT USD 36


• EToro Group (ETOR) Initiated at New Buy at Compass Point; PT USD 66


• GE Healthcare (GEHC) Initiated at New Equal-Weight at Barclays


• GH Research (GHRS) Initiated at New Buy at Needham; PT USD 19


• Mind (MNMD) Initiated at New Buy at Needham; PT USD 28


• Monopar (MNPR) Initiated at New Overweight at Barclays; PT USD 125


• Netskope (NTSK) Initiated at New Buy at BTIG; PT USD 27


• Netskope (NTSK) Initiated at New Outperform at Oppenheimer; PT USD 28


• Netskope (NTSK) Initiated at New Buy at TD Cowen; PT USD 30


• Netskope (NTSK) Initiated at New Outperform at Mizuho Securities; PT USD 25


• Netskope (NTSK) Initiated at New Overweight at Wells Fargo; PT USD 28


• Netskope (NTSK) Initiated at New Overweight at Piper Sandler; PT USD 28


• Netskope (NTSK) Initiated at New Buy at Deutsche Bank; PT USD 25


• Netskope (NTSK) Initiated at New Market Outperform at Citizens; PT USD 27


• Netskope (NTSK) Initiated at New Outperform at RBC; PT USD 26


• Netskope (NTSK) Initiated at New Overweight at Morgan Stanley; PT USD 27


• Netskope (NTSK) Initiated at New Overweight at JPMorgan; PT USD 26


• Netskope (NTSK) Initiated at New Outperform at BMO; PT USD 26


• Netskope (NTSK) Initiated at New Overweight at KeyBanc; PT USD 27


• Netstreit (NTST) Initiated at New Buy at Berenberg; PT USD 22


• Oruka Therapeutics Inc (ORKA) Initiated at New Overweight at Barclays; PT USD 48


• RAPT Therapeutics (RAPT) Reinstated Overweight at Barclays; PT USD 35


• Rimini Street (RMNI) Initiated at New Buy at Lucid Capital Markets; PT USD 6


• Select Water Solutions I (WTTR) Initiated at New Buy at Texas Capital; PT USD 18


• SL Green (SLG) Initiated at New Neutral at Ladenburg Thalmann; PT USD 62


• Stubhub (STUB) Initiated at New Outperform at Wedbush; PT USD 25


• Stubhub (STUB) Initiated at New Outperform at Oppenheimer; PT USD 23


• Stubhub (STUB) Initiated at New Buy at TD Cowen; PT USD 28


• Stubhub (STUB) Initiated at New Peerperform at Wolfe


• Stubhub (STUB) Initiated at New Outperform at Mizuho Securities; PT USD 24


• Stubhub (STUB) Initiated at New Market Outperform at Citizens; PT USD 24


• Stubhub (STUB) Initiated at New Overweight at JPMorgan; PT USD 24


• Stubhub (STUB) Initiated at New Outperform at BMO; PT USD 30


• Stubhub (STUB) Initiated at New Buy at Goldman; PT USD 46


• Tesla (TSLA) Initiated at New Buy at Melius; PT USD 520


• TransMedics (TMDX) Initiated at New Buy at Jefferies; PT USD 145


• Tvardi Therapeutics (TVRD) Initiated at New Overweight at Barclays; PT USD 61


• Veeva (VEEV) Initiated at New Buy at China Merchants; PT USD 351


• Vornado Realty (VNO) Initiated at New Buy at Ladenburg Thalmann; PT USD 48


• WaterBridge Infrastructure (WBI) Initiated at New Outperform at Raymond James


• WaterBridge Infrastructure (WBI) Initiated at New Overweight at JPMorgan


• WaterBridge Infrastructure (WBI) Initiated at New Equal-Weight at Wells Fargo


• WaterBridge Infrastructure (WBI) Initiated at New Neutral at Piper Sandler


• WaterBridge Infrastructure (WBI) Initiated at New Buy at Texas Capital


• WaterBridge Infrastructure (WBI) US Initiated at New Equal-Weight at Morgan Stanley; PT USD 32


• WaterBridge Infrastructure (WBI) Initiated at New Buy at Stifel; PT USD 30


• WaterBridge Infrastructure (WBI) Initiated at New Neutral at Goldman; PT USD 21


• Yum China (YUMC) Initiated at New Buy at Soochow Securities

13 Oct 2025 - 12:29- - Source: Newswires