BROKER MOVES: YUM upgraded at Evercore ISI; SO downgraded at Jefferies

UPGRADES

• American Water (AWK) Upgraded to Hold at Jefferies; PT USD 124


• Boise Cascade (BCC) Upgraded to Outperform at BMO; PT USD 100


• CervoMed Inc (CRVO) Upgraded to Buy at HC Wainwright; PT USD 25


• Cloudflare (NET) Upgraded to Hold at DZ Bank; PT USD 237


• Farmer Mac (AGM) Upgraded to Outperform at KBW; PT USD 219


• Huya (HUYA) ADRs Upgraded to Buy at HSBC; PT USD 3.50


• IPG Photonics (IPGP) Upgraded to Buy at Citi; PT USD 105


• Kirby (KEX) Upgraded to Buy at Citi; PT USD 128


• Madrigal Pharma (MDGL) Upgraded to Overweight at Cantor


• Mosaic (MOS) Upgraded to Outperform at RBC; PT USD 30


• O'Reilly Automotive (ORLY) Upgraded to Outperform at Raymond James


• Qualys (QLYS) Upgraded to Neutral at Piper Sandler; PT USD 135


• RealReal (REAL) Upgraded to Overweight at KeyBanc; PT USD 16


• Sarepta (SRPT) Upgraded to Outperform at Mizuho Securities; PT USD 26


• Super Micro Computer (SMCI) Upgraded to Outperform at KGI Securities


• Ventyx Bio (VTYX) Upgraded to Buy at HC Wainwright; PT USD 18


• Welltower (WELL) Upgraded to Outperform at Evercore ISI; PT USD 208


• Wingstop (WING) Upgraded to Buy at Northcoast; PT USD 300


• Yum (YUM) Upgraded to Outperform at Evercore ISI; PT USD 180

DOWNGRADES

• Archer-Daniels-Midland (ADM) Downgraded to Underweight at JPMorgan; PT USD 59


• Aurinia Pharmaceuticals (AUPH) Downgraded to Sector Perform at RBC; PT USD 15


• Denny's (DENN) Downgraded to Hold at Benchmark


• Fiserv (FI) Downgraded to Neutral at BNPP Exane; PT USD 62


• Grocery Outlet (GO) Downgraded to Market Perform at Telsey; PT USD 17


• Rapid7 (RPD) Downgraded to Hold at Jefferies; PT USD 19


• Rhythm Pharma (RYTM) Downgraded to Market Perform at Oppenheimer


• Southern Co (SO) Downgraded to Hold at Jefferies; PT USD 103


• Trex (TREX) Downgraded to Hold at Vertical Research; PT USD 32


• Trex (TREX) Downgraded to Hold at Deutsche Bank; PT USD 40


• Trex (TREX) Downgraded to Market Perform at William Blair


• UL Solutions (ULS) Downgraded to Neutral at JPMorgan; PT USD 84

INITIATIONS

• Vanda Pharma (VNDA) Initiated at New Buy at B Riley; PT USD 11


• Verrica Pharma (VRCA) Initiated at New Buy at Lucid Capital Markets; PT USD 19

05 Nov 2025 - 12:16- Equities- Source: Newswires