BROKER MOVES: NOW upgraded at OTR global; BSX downgraded at Needham on slow revenue growth in 2025

UPGRADES

• Albertsons Cos (ACI) Upgraded to Overweight at Wells Fargo; PT USD 23


• Bank of America (BAC) Upgraded to Accumulate at Phillip Secs; PT USD 44


• Clearwater Paper (CLW) Upgraded to Outperform at RBC; PT USD 37


• Community Trust Bancorp (CTBI) Upgraded to Outperform at Raymond James


• Ecolab (ECL) Upgraded to Buy at Jefferies; PT USD 310


• ServiceNow (NOW) Upgraded to Positive at OTR Global


• Tyra Biosciences (TYRA) Upgraded to Buy at BofA; PT USD 31


• Victory Capital (VCTR) Upgraded to Equal-Weight at Morgan Stanley; PT USD 60


• Waters (WAT) Upgraded to Buy at CFRA

DOWNGRADES

• Boston Scientific (BSX) Downgraded to Hold at Needham


• Brightsphere Investment (BSIG) Downgraded to Underweight at Morgan Stanley


• Coherent Corp (COHR) Downgraded to Neutral at B Riley; PT USD 86


• Global-e Online (GLBE) Downgraded to Equal-Weight at Morgan Stanley; PT USD 40


• Kennametal (KMT) Downgraded to Underperform at BofA; PT USD 26


• Liberty Energy (LBRT) Downgraded to Neutral at Citi; PT USD 19


• Liberty Energy (LBRT) Downgraded to Sector Perform at ATB Capital; PT USD 18.50


• Lilium (LILM) Downgraded to Neutral at Cantor


• Netflix (NFLX) Downgraded to Neutral at Phillip Secs; PT USD 695


• Old Dominion (ODFL) Downgraded to Market Perform at BMO; PT USD 210


• Royal Caribbean (RCL) Downgraded to Hold at CFRA; PT USD 200


• T-Mobile (TMUS) Downgraded to Sector Perform at Scotiabank; PT USD 236


• Texas Capital (TCBI) Downgraded to Neutral at Piper Sandler; PT USD 82


• Universal Stainless & Alloy Products Inc (USAP) US Downgraded to Sector Weight at KeyBanc


• Zeta (ZETA) Downgraded to Equal-Weight at Barclays; PT USD 28

INITIATIONS

• CF Industries (CF) Initiated at New Neutral at Redburn; PT USD 77


• ChoiceOne Financial Services (COFS) Initiated at New Buy at DA Davidson


• Curbline Properties Initiated at New Peerperform at Wolfe


• Flowserve (FLS) Reinstated Buy at Jefferies; PT USD 65


• Global Medical REIT (GMRE) Reinstated Buy at Berenberg; PT USD 11.75


• Kroger (KR) Reinstated Neutral at BNPP Exane; PT USD 56


• Neonode (NEON) Initiated at New Buy at Ladenburg Thalmann; PT USD 16.50


• Omega Healthcare (OHI) Reinstated Buy at Berenberg; PT USD 45


• PureCycle (PCT) Initiated at New Overweight at Cantor; PT USD 14


• Rapport Therapeutics (RAPP) Initiated at New Buy at JonesTrading; PT USD 42

18 Oct 2024 - 12:04- Equities- Source: Newswires