BROKER MOVES: LHX upgraded at BofA; ARM downgraded at Bernstein

UPGRADES

• Alphabet (GOOGL) Upgraded to Buy at China Renaissance; PT USD 212


• Banc of California (BANC) Upgraded to Overweight at Barclays


• Daqo New Energy (DQ) ADRs Upgraded to Buy at ICBC Research; PT USD 30


• Daqo New Energy (DQ) ADRs Upgraded to Outperform at Daiwa; PT USD 25


• Electronic Arts (EA) Upgraded to Buy at DZ Bank; PT USD 177


• Envista Holdings (NVST) Upgraded to Market Perform at Leerink; PT USD 23


• KLA Corp (KLAC) Upgraded to Outperform at Oppenheimer; PT USD 850


• L3Harris (LHX) Upgraded to Buy at BofA; PT USD 300


• Meritage Homes (MTH) Upgraded to Buy at Goldman; PT USD 235


• Omega Healthcare (OHI) Upgraded to Outperform at BNPP Exane; PT USD 49


• Regions Financial (RF) Upgraded to Outperform at KBW; PT USD 28


• Remitly (RELY) Upgraded to Equal-Weight at Wells Fargo; PT USD 18


• Smurfit WestRock (SW) Upgraded to Outperform at RBC; PT USD 58


• Valley National (VLY) Upgraded to Equal-Weight at Barclays


• Wingstop (WING) Upgraded to Buy at Benchmark; PT USD 340


• Wingstop (WING) Upgraded to Buy at BTIG; PT USD 370

DOWNGRADES

• Altair Eng (ALTR) Downgraded to Hold at Needham


• Altair Eng (ALTR) Downgraded to Hold at Loop Capital; PT USD 113


• Altair Eng (ALTR) Downgraded to Market Perform at William Blair


• ARM Holdings (ARM) ADRs Downgraded to Underperform at Bernstein; PT USD 100


• Biogen (BIIB) Downgraded to Equal-Weight at Morgan Stanley; PT USD 204


• Blackbaud (BLKB) Downgraded to Neutral at Baird; PT USD 80


• Brinker (EAT) Downgraded to Market Perform at BMO; PT USD 105


• Brinker (EAT) Downgraded to Neutral at JPMorgan; PT USD 100


• First Interstate Banc (FIBK) Downgraded to Underweight at Barclays


• FirstEnergy (FE) Downgraded to Neutral at Seaport Global Securities


• Meta Platforms (META) Downgraded to Hold at Punto Casa de Bolsa; PT USD 619.30


• Microsoft (MSFT) Downgraded to Hold at Punto Casa de Bolsa; PT USD 444.65


• Monolithic Power (MPWR) Downgraded to Neutral at Rosenblatt Securities Inc


• O-I Glass (OI) Downgraded to Sell at CFRA


• Omnicell (OMCL) Downgraded to Neutral at BofA


• Option Care Health (OPCH) Downgraded to Hold at Jefferies; PT USD 26


• TE Connectivity (TEL) Downgraded to Reduce at HSBC; PT USD 137


• Trane Technologies (TT) Downgraded to Hold at HSBC; PT USD 405

INITIATIONS

• Alumis (ALMS) Initiated at New Outperform at Baird; PT USD 25


• Braze (BRZE) Initiated at New Neutral at Macquarie; PT USD 30


• Elicio Therapeutics Inc (ELTX) Initiated at New Buy at JonesTrading; PT USD 9


• Enliven Therapeutics (ELVN) Initiated at New Buy at JonesTrading; PT USD 36


• Klaviyo (KVYO) Initiated at New Neutral at Macquarie; PT USD 36


• ORIC Pharma (ORIC) Initiated at New Overweight at Wells Fargo; PT USD 20


• ORIC Pharma (ORIC) Initiated at New Buy at JonesTrading; PT USD 17


• Terns Pharma (TERN) Initiated at New Outperform at Oppenheimer; PT USD 17

31 Oct 2024 - 11:45- Equities- Source: Newswires