US BROKER MOVES: VST upgraded at Goldman Sachs; AMZN downgraded at DA Davidson
Important
SourceNewsquawk
SectionUS Equities
UPGRADES
- Ares Management (ARES) upgraded from Hold to Buy at Deutsche Bank; PT USD 155 (from USD 182)
- Boot Barn (BOOT) upgraded from Equal Weight to Overweight at Stephens; PT USD 237 (from USD 196)
- Doximity (DOCS) upgraded from Underweight to Neutral at JPMorgan; PT USD 40 (from USD 62)
- Estée Lauder (EL) upgraded from Neutral to Buy at Citi; PT USD 120
- Barrick Gold (GOLD) upgraded from Market Perform to Outperform at Northland
- Envista Holdings (NVST) upgraded from Market Perform to Outperform at William Blair
- Envista Holdings (NVST) upgraded from Market Perform to Outperform at Leerink Partners; PT USD 35
- Roblox (RBLX) upgraded from Hold to Buy at Freedom Capital Markets; PT USD 85
- Roku (ROKU) upgraded from Perform to Outperform at Oppenheimer; PT USD 105
- Snap (SNAP) upgraded from Sell to Hold at Stifel; PT USD 5.50
- Vistra (VST) upgraded from Neutral to Buy at Goldman Sachs; PT USD 205 (from USD 200)
DOWNGRADES
- Amazon.com (AMZN) downgraded from Buy to Hold at Fubon; PT USD 240
- Amazon.com (AMZN) downgraded from Buy to Neutral at DA Davidson; PT USD 175
- Banco de Chile (BCH) downgraded from Buy to Neutral at UBS; PT USD 48 (from USD 41)
- Crown Holdings (CCK) downgraded from Outperform to Peer Perform at Wolfe Research
- Crown Holdings (CCK) downgraded from Overweight to Neutral at JPMorgan; PT USD 115 (from USD 112)
- Customers Bancorp (CUBI) downgraded from Equal Weight to Underweight at Stephens
- Cemex (CX) downgraded from Buy to Hold at HSBC; PT USD 12.80 (from USD 10.00)
- Gemini Energy (GEMI) downgraded from Outperform to In Line at Evercore ISI; PT USD 10 (from USD 15)
- Gladstone Capital (GLAD) downgraded from Buy to Hold at Jefferies; PT USD 21 (from USD 23)
- Canada Goose (GOOS) downgraded from Equal Weight to Underweight at Barclays; PT USD 10 (from USD 12)
- Hub Group (HUBG) downgraded from Buy to Sell at Stifel; PT USD 27 (from USD 52)
- Kinder Morgan Texas Pipeline (KNTK) downgraded from Buy to Hold at Jefferies; PT USD 43
- Linde (LIN) downgraded from Overweight to Neutral at JPMorgan; PT USD 455
- Mid-America Apartment Communities (MAA) downgraded from Buy to Hold at Colliers Securities
- MSC Industrial Direct (MSM) downgraded from Overweight to Neutral at JPMorgan; PT USD 95
- Norfolk Southern (NSC) downgraded from Buy to Neutral at UBS; PT USD 342 (from USD 320)
- Old Dominion Freight Line (ODFL) downgraded from Buy to Hold at Deutsche Bank; PT USD 205 (from USD 167)
- Impinj (PI) downgraded from Outperform to In Line at Evercore ISI; PT USD 112 (from USD 273)
- Ribbon Communications (RBBN) downgraded from Buy to Neutral at B. Riley; PT USD 2.90 (from USD 6.00)
INITIATIONS
- Biohaven (BHVN) initiated at Buy at Goldman Sachs; PT USD 23
- Caterpillar (CAT) initiated at Outperform at CICC; PT USD 800
- Jumia Technologies (JMIA) initiated at Overweight at Cantor Fitzgerald; PT USD 18
- Merit Medical Systems (MMSI) initiated at Buy at BTIG; PT USD 107
- Natera (NBTX) initiated at Buy at TD Cowen
- New Gold (NG) initiated at Sector Outperform at Scotiabank