US BROKER MOVES: AMD & INTC upgraded at KeyBanc; AA downgraded at Wells Fargo
SourceNewsquawk
SectionUS Equities
UPGRADES
- Albemarle (ALB) Upgraded to Buy at Deutsche Bank; PT USD 185
- Alliant Energy (LNT) Upgraded to Outperform at BMO; PT USD 71
- AMD (AMD) Upgraded to Overweight at KeyBanc; PT USD 270
- Anglogold (AU) Upgraded to Neutral at Nedbank CIB; PT USD 90.22
- BXP (BXP) Upgraded to Overweight at Barclays; PT USD 82
- CenterPoint Energy (CNP) Upgraded to Outperform at BMO; PT USD 42
- Colgate-Palmolive (CL) Upgraded to Equal-Weight at Wells Fargo
- Constellium SE (CSTM) Upgraded to Overweight at Wells Fargo; PT USD 25
- DiamondRock Hospitality (DRH) Upgraded to Buy at Deutsche Bank; PT USD 12
- Digital Realty (DLR) Upgraded to Equal-Weight at Barclays; PT USD 164
- EastGroup (EGP) Upgraded to Overweight at Barclays; PT USD 210
- Enhabit (EHAB) Upgraded to Buy at TD Cowen; PT USD 12
- Hub Group (HUBG) Upgraded to Outperform at Evercore ISI
- Intel (INTC) Upgraded to Overweight at KeyBanc; PT USD 60
- Kennametal (KMT) Upgraded to Buy at Jefferies; PT USD 40
- KLA Corp (KLAC) Upgraded to Buy at TD Cowen; PT USD 1,800
- Kodiak Gas Services (KGS) Upgraded to Overweight at Barclays; PT USD 42
- Lithium Argentina AG (LAR) Upgraded to Buy at Deutsche Bank; PT USD 8.30
- Lowe's (LOW) Upgraded to Buy at Gordon Haskett; PT USD 325
- Mastercard (MA) Upgraded to Buy at Compass Point; PT USD 735
- Moody's (MCO) Upgraded to Outperform at Daiwa; PT USD 590
- Primoris Services (PRIM) Upgraded to Buy at Guggenheim; PT USD 160
- SQM (SQM) ADRs Upgraded to Buy at Deutsche Bank; PT USD 88
- Thor Industries (THO) Upgraded to Buy at Loop Capital; PT USD 133
- Vail Resorts (MTN) Upgraded to Buy at Jefferies; PT USD 165
- Via Transportation (VIA) Upgraded to Buy at Goldman; PT USD 44
- Wyndham Hotels (WH) Upgraded to Outperform at Mizuho Securities; PT USD 97
DOWNGRADES
- Adobe (ADBE) Downgraded to Market Perform at Oppenheimer
- Alcoa (AA) Downgraded to Equal-Weight at Wells Fargo; PT USD 71
- Arthur J Gallagher (AJG) Downgraded to Market Perform at BMO; PT USD 275
- AST SpaceMobile (ASTS) Downgraded to Neutral at B Riley; PT USD 105
- Atara Bio (ATRA) Downgraded to Hold at Canaccord; PT USD 6
- Bentley Systems (BSY) Downgraded to Neutral at Piper Sandler; PT USD 45
- Charter Communications (CHTR) Downgraded to Underweight at Wells Fargo
- CRH (CRH) Downgraded to Equal-Weight at Wells Fargo; PT USD 138
- FedEx (FDX) Downgraded to Neutral at BNP Paribas; PT USD 280
- Ferrari (RACE) Downgraded to Hold at HSBC
- Five Below (FIVE) Downgraded to Hold at Jefferies; PT USD 210
- HP Inc. (HPQ) Downgraded to Sell at Goldman; PT USD 21
- Installed Building (IBP) Downgraded to Underweight at JPMorgan; PT USD 245
- Kaiser Aluminum (KALU) Downgraded to Equal-Weight at Wells Fargo; PT USD 120
- Knife River Corp (KNF) Downgraded to Equal-Weight at Wells Fargo; PT USD 81
- Lineage (LINE) Downgraded to Equal-Weight at Barclays; PT USD 38
- Live Nation (LYV) Downgraded to Hold at Jefferies; PT USD 155
- MGM Resorts (MGM) Downgraded to Hold at Truist Secs
- PayPal (PYPL) Downgraded to Neutral at Daiwa; PT USD 61
- Rapid7 (RPD) Downgraded to Neutral at Citi; PT USD 15
- Saia (SAIA) Downgraded to Inline at Evercore ISI
- SimilarWeb (SMWB) Downgraded to Neutral at Goldman; PT USD 7.50
- Stag Industrial (STAG) Downgraded to Underweight at Barclays; PT USD 39
- Sun Country Airlines (SNCY) Downgraded to Neutral at JPMorgan; PT USD 19
- Synopsys (SNPS) Downgraded to Neutral at Piper Sandler; PT USD 520
- Udemy (UDMY) Downgraded to Sector Weight at KeyBanc
- UPS (UPS) Downgraded to Underperform at BNP Paribas
- XPO Inc. (XPO) Downgraded to Inline at Evercore ISI
INITIATIONS
- AMD (AMD) Initiated at New Buy at China Renaissance; PT USD 291
- Boston Scientific (BSX) Initiated at New Buy at CTBC Securities; PT USD 122
- Disney (DIS) Initiated at New Accumulate at Phillip Secs; PT USD 130
- Fluent (FLNT) Initiated at New Buy at Singular Research; PT USD 5
- Futu Holdings (FUTU) ADRs Initiated at New Buy at UOB Kay Hian; PT USD 242
- MP Materials (MP) Initiated at New Outperform at William Blair
- NetApp (NTAP) Initiated at New Buy at Goldman; PT USD 128
- OGE Energy (OGE) Reinstated Market Perform at BMO; PT USD 45
- Reddit (RDDT) Initiated at New Outperform at Evercore ISI
- SolarEdge (SEDG) Initiated at New Market Perform at Raymond James
- Sunrun (RUN) Initiated at New Market Perform at Raymond James
- Whitestone REIT (WSR) Reinstated Buy at Ladenburg Thalmann; PT USD 17