BROKER MOVES: HD upgraded at Stifel; UNH downgraded at HSBC

UPGRADES

• Acadia Pharma (ACAD) Upgraded to Buy at Deutsche Bank


• AutoZone (AZO) Upgraded to Buy at BofA


• Bilibili (BILI) ADRs Upgraded to Buy at HSBC; PT USD 22.50


• Home Depot (HD) Upgraded to Buy at Stifel; PT USD 425

DOWNGRADES

• Myriad Genetics (MYGN) Downgraded to Sector Perform at Scotiabank; PT USD 6


• PennantPark Investment (PNNT) Downgraded to Sell at Compass Point; PT USD 5.75


• UnitedHealth (UNH) Downgraded to Reduce at HSBC; PT USD 270

INITIATIONS

• Atlantic Union (AUB) Initiated at New Buy at Jefferies; PT USD 37


• Axos Financial (AX) Initiated at New Buy at Jefferies


• Banc of California (BANC) Initiated at New Buy at Jefferies; PT USD 18


• BankUnited (BKU) Initiated at New Hold at Jefferies; PT USD 39


• BOK Financial (BOKF) Initiated at New Hold at Jefferies; PT USD 105


• Cathay General (CATY) Initiated at New Buy at Jefferies; PT USD 53


• CF Bankshares (CFBK) Initiated at New Overweight at Piper Sandler; PT USD 29


• Citizens Financial (CFG) Initiated at New Buy at Jefferies; PT USD 50


• CleanSpark (CLSK) Reinstated Buy at Chardan Capital Markets; PT USD 20


• Columbia Banking (COLB) Initiated at New Hold at Jefferies; PT USD 27


• Comerica (CMA) Initiated at New Underperform at Jefferies; PT USD 47


• Cullen/Frost (CFR) Initiated at New Underperform at Jefferies; PT USD 105


• D2L (DTOL CN) Initiated at New Outperform at CIBC; PT CUSD 20


• Eagle Bancorp (EGBN) Initiated at New Hold at Jefferies; PT USD 20


• East West Bancorp (EWBC) Initiated at New Buy at Jefferies; PT USD 115


• Fifth Third (FITB) Initiated at New Buy at Jefferies


• First Citizens (FCNCA) Initiated at New Hold at Jefferies; PT USD 2,050


• First Foundation (FFWM) Initiated at New Buy at Jefferies; PT USD 7


• First Horizon (FHN) Initiated at New Buy at Jefferies; PT USD 25


• Flagstar Financial (FLG) Initiated at New Buy at Jefferies


• Huntington Bancshares (HBAN) Initiated at New Buy at Jefferies


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


• Landbridge (LB) Reinstated Buy at William O'Neil


• Lifecore Biomedical Inc (LFCR) Initiated at New Outperform at William Blair


• M&T Bank (MTB) Initiated at New Buy at Jefferies


• Old National (ONB) Initiated at New Hold at Jefferies; PT USD 24


• Pinnacle Financial (PNFP) Initiated at New Buy at Jefferies; PT USD 135


• Pony AI (PONY) ADRs Initiated at New Buy at President Capital Management


• Prosperity Banc (PB) Initiated at New Buy at Jefferies; PT USD 85


• Regions Financial (RF) Initiated at New Hold at Jefferies; PT USD 24


• SelectQuote (SLQT) Initiated at New Hold at Jefferies; PT USD 2.75


• SouthState Corp (SSB) Initiated at New Buy at Jefferies; PT USD 110


• Synovus (SNV) Initiated at New Hold at Jefferies; PT USD 55


• Texas Capital (TCBI) Initiated at New Hold at Jefferies; PT USD 80


• Tvardi Therapeutics (TVRD) Initiated at New Outperform at Oppenheimer; PT USD 65


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


• Vertiv Holdings (VRT) Initiated at New Equal-Weight at Oxcap; PT USD 115.70


• Webster Financial (WBS) Initiated at New Buy at Jefferies; PT USD 65


• Western Alliance (WAL) Initiated at New Buy at Jefferies


• Wintrust Financial (WTFC) Initiated at New Buy at Jefferies; PT USD 145


• Zions (ZION) Initiated at New Underperform at Jefferies; PT USD 40

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