US BROKER MOVES: ZM upgraded at Wolfe; QCOM downgraded at BofA

UPGRADES

• Adient (ADNT) Upgraded to Buy at Deutsche Bank; PT USD 33


• Celanese (CE) Upgraded to Buy at Jefferies; PT USD 86


• DigitalOcean (DOCN) Upgraded to Overweight at Cantor; PT USD 68


• FuboTV (FUBO) Upgraded to Buy at Seaport Global Securities; PT USD 3


• Jack Henry (JKHY) Upgraded to Overweight at Stephens; PT USD 205


• Jack Henry (JKHY) Upgraded to Outperform at Baird; PT USD 205


• Snap (SNAP) Upgraded to Buy at B Riley; PT USD 10


• Uber (UBER) Upgraded to Market Outperform at Citizens; PT USD 100


• Varonis Systems (VRNS) Upgraded to Buy at DA Davidson; PT USD 30


• Zegna Group (ZGN) Upgraded to Buy at UBS; PT USD 11.50


• Zoom Communications (ZM) Upgraded to Outperform at Wolfe; PT USD 115

DOWNGRADES

• Americold Realty Trust (COLD) Downgraded to Underperform at BofA; PT USD 13


• Cabot Corp (CBT) Downgraded to Neutral at Mizuho Securities; PT USD 75


• Corteva (CTVA) Downgraded to Neutral at JPMorgan


• Emerson Electric (EMR) Downgraded to Hold at Deutsche Bank


• First Interstate Banc (FIBK) Downgraded to Equal-Weight at Stephens


• Fox Corp (FOXA) Downgraded to Equal-Weight at Wells Fargo; PT USD 75


• Kemper (KMPR) Downgraded to Market Perform at Citizens


• KKR Real Estate Finance (KREF) Downgraded to Neutral at BTIG


• Microsoft (MSFT) Downgraded to Hold at Stifel; PT USD 392


• Old Dominion (ODFL) Downgraded to Underperform at Baird; PT USD 204


• Public Storage (PSA) Downgraded to Equal-Weight at Wells Fargo; PT USD 295


• Qualcomm (QCOM) Downgraded to Neutral at BofA; PT USD 155


• Six Flags (FUN) Downgraded to Neutral at Citi; PT USD 20


• Smartstop Self Storage REIT (SMA) Downgraded to Equal-Weight at Wells Fargo


• Steven Madden (SHOO) Downgraded to Underperform at Jefferies; PT USD 30


• TechnipFMC (FTI) Downgraded to Neutral at Oddo BHF


• TransDigm (TDG) Downgraded to Sector Weight at KeyBanc


• Webster Financial (WBS) Downgraded to Neutral at UBS; PT USD 75


• Webster Financial (WBS) Downgraded to Equal-Weight at Barclays; PT USD 75

INITIATIONS

• Andersons (ANDE) Initiated at New Buy at Benchmark; PT USD 75


• Cava Group (CAVA) Initiated at New Buy at Benchmark; PT USD 80


• Coupang (CPNG) Initiated at New Underperform at Bernstein; PT USD 17


• Incyte (INCY) Initiated at New Buy at HC Wainwright; PT USD 135


• Karyopharm (KPTI) Reinstated Overweight at Cantor


• Louisiana-Pacific (LPX) Initiated at New Outperform at Oppenheimer; PT USD 115


• Stoke Therapeutics (STOK) Initiated at New Buy at Guggenheim; PT USD 60


• Trinity Capital (TRIN) Initiated at New Buy at Clear Street; PT USD 18

05 Feb 2026 - 12:49- Equities- Source: Market Source