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US BROKER MOVES: MRVL upgraded at Barclays; DDOG upgraded at Guggenheim

SourceNewsquawk
SectionUS Equities

UPGRADES

  • United Community Banks (UCB) Upgraded to Outperform at Keefe, Bruyette & Woods; PT USD 40 (prev. USD 36)
  • Texas Instruments (TXN) Upgraded to Buy at Stifel; PT USD 250 (prev. USD 215)
  • STAAR Surgical (STAA) Upgraded to Buy at Canaccord; PT USD 27 (prev. USD 22)
  • RenaissanceRe (RNR) Upgraded to Overweight at Cantor Fitzgerald; PT USD 340
  • Marvell Technology (MRVL) Upgraded to Overweight at Barclays; PT USD 150 (prev. USD 105)
  • LyondellBasell (LYB) Upgraded to Overweight at Alembic Global Advisors
  • HealthEquity (HQY) Upgraded to Outperform at BMO Capital; PT USD 105 (prev. USD 85)
  • Dow (DOW) Upgraded to Overweight at Alembic Global Advisors
  • Datadog (DDOG) Upgraded to Buy at Guggenheim; PT USD 175
  • Carter’s (CRI) Upgraded to Neutral at Goldman Sachs; PT USD 38
  • Capital One (COF) Upgraded to Overweight at JPMorgan; PT USD 213 (prev. USD 256)
  • Canadian National Railway (CNI) Upgraded to Buy at BOFA Securities; PT USD 122 (prev. USD 117)
  • Maplebear (CART) Upgraded to Outperform at Raymond James; PT USD 50

DOWNGRADES

  • Zscaler (ZS) Downgraded to Neutral at BTIG
  • W. R. Berkley (WRB) Downgraded to Neutral at Cantor Fitzgerald; PT USD 71
  • Tradeweb Markets (TW) Downgraded to Hold at TD Cowen
  • Tronox (TROX) Downgraded to Hold at Truist Securities
  • Trustmark (TRMK) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 45
  • Shore Bancshares (SHBI) Downgraded to Market Perform at Keefe, Bruyette & Woods; PT USD 20
  • Kosmos Energy (KOS) Downgraded to Sell at Goldman Sachs; PT USD 2.25
  • Hormel Foods (HRL) Downgraded to Neutral at JPMorgan; PT USD 23 (prev. USD 28)
  • Hain Celestial (HAIN) Downgraded to Market Perform at William Blair
  • GitLab (GTLB) Downgraded to Neutral at Guggenheim
  • Conagra Brands (CAG) Downgraded to Neutral at BNP Paribas Exane
  • Blackstone Secured Lending (BXSL) Downgraded to Neutral at B.Riley; PT USD 24.50
  • Bullish (BLSH) Downgraded to Neutral at Rosenblatt
  • Assertio (ASRT) Downgraded to Neutral at H.C. Wainwright; PT USD 18
  • AES Corp (AES) Downgraded to Neutral at Susquehanna; PT USD 15 (prev. USD 16)

INITIATIONS

  • Willdan Group (WLDN) Initiated at New Outperform at Wedbush; PT USD 110
  • Unitil (UTL) Initiated at New Sector Perform at Scotiabank; PT USD 57
  • ARS Pharmaceuticals (SPRY) Initiated at New Outperform at Northland; PT USD 25
  • Shenandoah Telecommunications (SHEN) Initiated at New Buy at Craig-Hallum; PT USD 29
  • Rithm Capital (RITM) Initiated at New Buy at Lucid Capital Markets; PT USD 12.50
  • Primoris Services (PRIM) Initiated at New Outperform at Wolfe Research; PT USD 183
  • Huron Consulting (HURN) Initiated at New Outperform at Wedbush; PT USD 160
  • Hovnanian Enterprises (HOV) Initiated at New Market Underperform at Citizens; PT USD 74
  • Globant (GLOB) Initiated at New Outperform at Wedbush; PT USD 61
  • Evergy (EVRG) Initiated at New Buy at BTIG; PT USD 99
  • Dell Technologies (DELL) Initiated at New Peerperform at Wolfe Research
  • Cognizant (CTSH) Initiated at New Neutral at Wedbush; PT USD 61
  • Cint Group (CINT) Initiated at New Outperform at Wedbush; PT USD 9
  • Ameren (AEE) Initiated at New Buy at BTIG; PT USD 131
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