BROKER MOVES: FSLR upgraded at Wolfe; CVX downgraded at HSBC

UPGRADES

• Antero Resources (AR) Upgraded to Outperform at Mizuho Securities


• Aon PLC (AON) Upgraded to Buy at Goldman; PT USD 408


• Caterpillar (CAT) Upgraded to Outperform at Baird; PT USD 395


• CubeSmart (CUBE) Upgraded to Buy at BofA; PT USD 50


• Delek US Holdings (DK) Upgraded to Outperform at Mizuho Securities


• First Solar (FSLR) Upgraded to Outperform at Wolfe; PT USD 221


• HF Sinclair (DINO) Upgraded to Outperform at Mizuho Securities


• Insulet (PODD) Upgraded to Outperform at Wolfe; PT USD 350


• Payoneer Global (PAYO) Upgraded to Outperform at KBW; PT USD 9


• PBF Energy (PBF) Upgraded to Buy at UBS; PT USD 26


• Ryan Specialty (RYAN) Upgraded to Buy at Goldman


• Stanley Black & Decker (SWK) Upgraded to Overweight at Barclays; PT USD 90


• Steven Madden (SHOO) Upgraded to Hold at Williams Trading; PT USD 31


• Terex (TEX) Upgraded to Outperform at Baird; PT USD 66


• Valero Energy (VLO) Upgraded to Buy at Goldman; PT USD 154


• XP Inc. (XP) Upgraded to Overweight at Morgan Stanley; PT USD 24

DOWNGRADES

• Affimed (AFMD) Downgraded to Market Perform at Leerink


• Brown & Brown (BRO) Downgraded to Neutral at Goldman; PT USD 119


• Chevron (CVX) Downgraded to Hold at HSBC; PT USD 158


• Enphase Energy (ENPH) Downgraded to Underperform at BMO; PT USD 39


• Independence Realty (IRT) Downgraded to Neutral at Compass Point; PT USD 22


• Landsea Homes (LSEA) Downgraded to Neutral at Wedbush; PT USD 11.30


• Murphy Oil (MUR) Downgraded to Neutral at Mizuho Securities


• NexPoint Residential (NXRT) Downgraded to Neutral at Compass Point; PT USD 42.50


• Nextdoor (KIND) Downgraded to Underweight at Morgan Stanley


• PHX Minerals Inc (PHX) Downgraded to Hold at Texas Capital; PT USD 4.35


• Rapid7 (RPD) Downgraded to Underperform at DA Davidson; PT USD 21

INITIATIONS

• Associated Banc (ASB) Reinstated Hold at Truist Secs; PT USD 26


• Black Hills (BKH) Reinstated Outperform at BMO; PT USD 68


• CleanSpark (CLSK) Initiated at New Buy at President Capital Management


• East West Bancorp (EWBC) Reinstated Hold at Truist Secs; PT USD 102


• Evergy (EVRG) Initiated at New Outperform at BMO; PT USD 75


• First Financial (FFBC) Reinstated Hold at Truist Secs; PT USD 27


• First Horizon (FHN) Reinstated Hold at Truist Secs; PT USD 21


• Flagstar Financial (FLG) Initiated at New Hold at Truist Secs; PT USD 13


• FNB Corp (FNB) Reinstated Buy at Truist Secs; PT USD 16.50


• Fortinet (FTNT) Initiated at New Peerperform at Wolfe


• Gran Tierra (GTE) Initiated at New Buy at Stifel; PT USD 7.16


• Insmed (INSM) Initiated at New Buy at Jefferies; PT USD 105


• Northwestern (NWE) Initiated at New Market Perform at BMO; PT USD 60


• Old National (ONB) Reinstated Buy at Truist Secs; PT USD 26


• Palantir (PLTR) Initiated at New Buy at CTBC Securities; PT USD 142.30


• Pinnacle Financial (PNFP) Reinstated Buy at Truist Secs; PT USD 123


• Pinnacle West Capital (PNW) Reinstated Market Perform at BMO; PT USD 95


• Portland General (POR) Initiated at New Market Perform at BMO; PT USD 46


• SouthState Corp (SSB) Reinstated Buy at Truist Secs; PT USD 106


• Super Micro Computer (SMCI) Initiated at New Outperform at Raymond James


• Synovus (SNV) Reinstated Buy at Truist Secs; PT USD 56


• UMB Financial (UMBF) Initiated at New Buy at Truist Secs; PT USD 120


• Valley National (VLY) Initiated at New Hold at Truist Secs; PT USD 10


• Webster Financial (WBS) Initiated at New Hold at Truist Secs; PT USD 61


• Western Alliance (WAL) Reinstated Buy at Truist Secs; PT USD 92


• Zions (ZION) Reinstated Hold at Truist Secs; PT USD 52

13 May 2025 - 12:14- - Source: Newswires