BROKER MOVES: HLT upgraded at Jefferies; WMG downgraded at Goldman Sachs

UPGRADES

• ACI Worldwide (ACIW) Upgraded to Buy at DA Davidson; PT USD 60


• Astera Labs (ALAB) Upgraded to Overweight at Morgan Stanley; PT USD 99


• Cloudflare (NET) Upgraded to Outperform at CICC; PT USD 154


• Conoco (COP) Upgraded to Buy at Mirae Asset Securities; PT USD 112


• EBay (EBAY) Upgraded to Buy at Daiwa; PT USD 70


• Federal Signal (FSS) Upgraded to Overweight at KeyBanc; PT USD 110


• Forge Global (FRGE) Upgraded to Overweight at Piper Sandler; PT USD 30


• Hilton Worldwide (HLT) Upgraded to Buy at Jefferies; PT USD 296


• Johnson Controls (JCI) Upgraded to Buy at Deutsche Bank; PT USD 112


• Marriott Intl (MAR) Upgraded to Buy at Jefferies; PT USD 303


• Monster Beverage (MNST) Upgraded to Outperform at CICC; PT USD 65


• ON Semi (ON) Upgraded to Equal-Weight at Morgan Stanley; PT USD 39


• SLR Investment Corp (SLRC) Upgraded to Buy at Ladenburg Thalmann


• Stryker (SYK) Upgraded to Buy at Mirae Asset Securities; PT USD 445

DOWNGRADES

• Amphastar (AMPH) Downgraded to Neutral at JPMorgan; PT USD 30


• DocGo (DCGO) Downgraded to Hold at Canaccord; PT USD 1.45


• IBEX (IBEX) Downgraded to Neutral at Baird; PT USD 30


• Iovance Biotherapeutics (IOVA) Downgraded to Hold at Truist Secs


• Lucky Strike (LUCK) Downgraded to Neutral at Roth Capital Partners; PT USD 9


• Micron (MU) Downgraded to Underperform at GF Securities; PT USD 74


• Sandisk (SNDK) Downgraded to Underperform at GF Securities; PT USD 31


• Target (TGT) Downgraded to Underperform at Bernstein; PT USD 82


• TaskUS (TASK) Downgraded to Neutral at Baird; PT USD 16.50


• TaskUS (TASK) Downgraded to Market Perform at William Blair


• Warner Music (WMG) Downgraded to Neutral at Goldman; PT USD 28

INITIATIONS

• Amentum Holdings (AMTM) Initiated at New Market Outperform at Citizens; PT USD 30


• Centrus Energy (LEU) Initiated at New Buy at President Capital Management


• Orange County (OBT) Initiated at New Outperform at Hovde Group; PT USD 30.50


• Primo Brands (PRMB) Initiated at New Outperform at Mizuho Securities; PT USD 43

12 May 2025 - 12:25- Forex- Source: Newswires