BROKER MOVES: INTC upgraded at Wolfe following 38% decline, with CRUS downgraded at Benchmark on valuation

UPGRADES:

• B&G Foods (BGS) Upgraded to Neutral at Piper Sandler; PT USD 9


• Coterra Energy Inc (CTRA) Upgraded to Buy at Truist Secs; PT USD 35


• Coupang (CPNG) Upgraded to Buy at UBS


• Energous (WATT) Upgraded to Buy at Ladenburg Thalmann; PT USD 2


• GoodRx Holdings (GDRX) Upgraded to Outperform at Raymond James


• Huya (HUYA) ADRs Upgraded to Equal-Weight at Morgan Stanley; PT USD 5.40


• Intel (INTC) Upgraded to Peerperform at Wolfe


• NIO Inc. (NIO) ADRs Upgraded to Buy at BOCOM Intl; PT USD 7.70


• Prime Medicine (PRME) Upgraded to Buy at Citi; PT USD 10

DOWNGRADES:

• Capital Southwest (CSWC) Downgraded to Market Perform at JMP


• Cirrus Logic (CRUS) Downgraded to Hold at Benchmark


• EOG Resources (EOG) Downgraded to Hold at Truist Secs; PT USD 36


• Hello Group (MOMO) ADRs Downgraded to Underweight at Morgan Stanley; PT USD 6


• Occidental (OXY) Downgraded to Hold at Truist Secs; PT USD 69

INITIATIONS:

• Context Therapeutics (CNTX) Initiated at New Overweight at Piper Sandler


• Dianthus Therapeutics Inc (DNTH) Initiated at New Buy at HC Wainwright; PT USD 40


• Intuitive Surgical (ISRG) Initiated at New Trading Buy at Mirae Asset Daewoo


• Nikola (NKLA) Initiated at New Buy at Bryan Garnier; PT USD 1


• Quaker Houghton (KWR) Initiated at New Overweight at Piper Sandler; PT USD 220


• Stryker (SYK) Initiated at New Trading Buy at Mirae Asset Daewoo; PT USD 374


• Texas Instruments (TXN) Initiated at New Underweight at Wells Fargo; PT USD 150

16 May 2024 - 13:10- EquitiesResearch Sheet- Source: Newswires