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US BROKER MOVES: Deluge of MRVL upgrades after strong earnings; TTD downgraded at Wedbush

SourceNewsquawk
SectionUS Equities

UPGRADES

  • BWA upgraded from Sell to Neutral at UBS; PT USD 55
  • CIEN upgraded from Neutral to Buy at BofA Securities; PT USD 355 (prev. USD 260)
  • CRWV upgraded from N/A to Perform at Oppenheimer; PT USD 140
  • DOW upgraded from Neutral to Overweight at JPMorgan; PT USD 40 (prev. USD 26)
  • FA upgraded from Equalweight to Overweight at Barclays; PT USD 15 (prev. USD 14)
  • HAYW upgraded from Underperform to Buy at BofA Securities; PT USD 19 (prev. USD 15)
  • ICE upgraded from Hold to Buy at Deutsche Bank; PT USD 188 (prev. USD 180)
  • INTU upgraded from Neutral to Buy at Northcoast; PT USD 575
  • IQV upgraded from Equalweight to Overweight at Barclays; PT USD 210
  • KRMN upgraded from Neutral to Overweight at Piper Sandler; PT USD 127 (prev. USD 110)
  • MEDP upgraded from Underweight to Equalweight at Barclays; PT USD 500
  • MRVL upgraded from Hold to Buy at Benchmark; PT USD 130
  • MRVL upgraded from Neutral to Buy at BofA Securities; PT USD 110 (prev. USD 90)
  • MRVL upgraded from Neutral to Outperform at KGI Securities; PT USD 110
  • OKTA upgraded from Market Perform to Outperform at BMO Capital; PT USD 97
  • SYBT upgraded from Market Perform to Outperform at Hovde Group; PT USD 75
  • TME upgraded from Hold to Buy at 86Research; PT USD 17.40
  • UNF upgraded from Underweight to Equalweight at Barclays; PT USD 250 (prev. USD 145)

DOWNGRADES

  • ADT downgraded from Equalweight to Underweight at Barclays; PT USD 7 (prev. USD 9)
  • AES downgraded from Overweight to Equalweight at Morgan Stanley; PT USD 15 (prev. USD 23)
  • AVTR downgraded from Equalweight to Underweight at Barclays; PT USD 8.50
  • BRLT downgraded from Buy to Neutral at B. Riley; PT USD 1.50 (prev. USD 3)
  • BRLT downgraded from Overweight to Sector Weight at KeyBanc
  • CERT downgraded from Overweight to Equalweight at Barclays; PT USD 8
  • DKL downgraded from Buy to Neutral at Citi; PT USD 52 (prev. USD 47)
  • EHAB downgraded from Buy to Hold at TD Cowen; PT USD 13.80 (prev. USD 12)
  • PACB downgraded from Equalweight to Underweight at Barclays; PT USD 1.50
  • SJM downgraded from Buy to Hold at CBRE Equity Research
  • SKT downgraded from Buy to Neutral at BofA Securities; PT USD 39
  • TTD downgraded from Outperform to Neutral at Wedbush; PT USD 23
  • WBD downgraded from Buy to Neutral at MoffettNathanson; PT USD 31

INITIATIONS

  • ALXO initiated at Buy at UBS; PT USD 6
  • CUBI initiated at Overweight at JPMorgan; PT USD 90
  • ERII initiated at Buy at Northcoast; PT USD 14
  • ITRI initiated at Buy at Needham; PT USD 124
  • IVT initiated at Overweight at KeyBanc; PT USD 35
  • MPAA initiated at Outperform at Oppenheimer; PT USD 18
  • NRG initiated at Buy at Goldman Sachs; PT USD 197
  • REGN initiated at Overweight at Barclays; PT USD 923
  • SBC initiated at Buy at BTIG; PT USD 8
  • SRTS initiated at Buy at Alliance Global Partners; PT USD 7.50
  • STTK initiated at Buy at Needham; PT USD 25
Published: Updated: