Notes
🔸 Upgrades:
Accenture ( $ACN): Upgraded to Outperform at Baird, PT $390
American Tower ( $AMT): Upgraded to Overweight at Wells Fargo, PT $230
Blue Owl Capital ( $OBDC): Upgraded to Equal-Weight at Wells Fargo
Crown Castle ( $CCI): Upgraded to Equal-Weight at Wells Fargo, PT $105
DouYu ( $DOYU): ADRs upgraded to Hold at HSBC, PT $9
Flowserve ( $FLS): Upgraded to Outperform at Baird, PT $71
Generac ( $GNRC): Upgraded to Neutral at Guggenheim
Genesis Energy ( $GEL): Upgraded to Overweight at Wells Fargo, PT $18
Liberty Formula One ( $FWONA): Upgraded to Buy at Seaport Global Securities
https://t.co/eMBFE2Jwuf ( $MNDY): Upgraded to Buy at DA Davidson, PT $350
Netflix ( $NFLX): Upgraded to Buy at MoffettNathanson, PT $1,100
Norwegian Cruise ( $NCLH): Upgraded to Overweight at JPMorgan, PT $30
SL Green ( $SLG): Upgraded to Outperform at Evercore ISI, PT $73
Sprouts Farmers ( $SFM): Upgraded to Buy at Deutsche Bank, PT $190
🔸 Downgrades:
Campbell's ( $CPB): Downgraded to Equal-Weight at Consumer Edge, PT $40
Cion Investment ( $CION): Downgraded to Underweight at Wells Fargo, PT $10
EastGroup ( $EGP): Downgraded to Inline at Evercore ISI, PT $185
Finward ( $FNWD): Downgraded to Market Perform at Hovde Group
FS KKR Capital ( $FSK): Downgraded to Underweight at Wells Fargo, PT $19
Li Auto ( $LI): ADRs downgraded to Neutral at Macquarie, PT $27
RLX Tech ( $RLX): ADRs downgraded to Neutral at Citi, PT $2.50
Sutro Biopharma ( $STRO): Downgraded to Market Perform at Oppenheimer
TriplePoint Venture Growth BDC ( $TPVG): Downgraded to Underweight at Wells Fargo
#Downgrades - Sep 24, 2024
$BIDU: HSBC Downgrades to Hold from Buy - PT $100
$COST: Truist Securities Downgrades to Hold from Buy - PT $873
$CTLT: Baird Downgrades to Neutral from Outperform - PT $63.50
$CUBI: Wedbush Downgrades to Neutral from Outperform - PT $53 (from $79)
$DOYU: HSBC Downgrades to Hold from Buy - PT $6.60
$DRS: BofA Securities Downgrades to Neutral from Buy - PT $30 (from $26)
$EQR: BofA Securities Downgrades to Neutral from Buy - PT $82 (from $78)
$ESS: BofA Securities Downgrades to Neutral from Buy - PT $321 (from $307)
$FCNCA: Wedbush Downgrades to Neutral from Outperform - PT $2,150 (from $2,450)
$FHN: Wedbush Downgrades to Neutral from Outperform - PT $17 (from $20)
$INVH: BofA Securities Downgrades to Neutral from Buy - PT $37 (from $39)
$KVUE: RBC Capital Downgrades to Sector Perform from Outperform - PT $24
$MCK: Baird Downgrades to Neutral from Outperform - PT $531 (from $603)
$MNSO: Jefferies Downgrades to Hold from Buy - PT $14.91
$NTR: Wells Fargo Downgrades to Equal Weight from Overweight - PT $50 (from $62)
$NSP: William Blair Downgrades to Market Perform from Outperform
$PRGO: Jefferies Downgrades to Hold from Buy - PT $30 (from $50)
$REGN: Leerink Partners Downgrades to Market Perform from Outperform - PT $1,077 (from $1,175)
$SBUX: Jefferies Downgrades to Underperform from Hold - PT $76 (from $80)
$TGI: BofA Securities Downgrades to Underperform from Buy - PT $12 (from $17)
$XOM: Redburn-Atlantic Downgrades to Neutral from Buy - PT $120 (from $119)