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 - Dec 05, 2024
• $ABBV: Daiwa Securities Downgrades to Neutral from Buy - PT $180
• $AEO: JPMorgan Downgrades to Neutral from Overweight - PT $23 (from $27)
• $ALLY: Wolfe Research Downgrades to Peerperform from Outperform
• $AMAT: Morgan Stanley Downgrades to Underweight from Equalweight - PT $164 (from $179)
• $CHWY: BNP Paribas Downgrades to Neutral from Outperform - PT $30
• $CNX: JPMorgan Downgrades to Underweight from Neutral - PT $37 (from $31)
• $DVN: JPMorgan Downgrades to Neutral from Overweight - PT $191
• $F: Wolfe Research Downgrades to Underperform from Peerperform
• $FOUR: Benchmark Downgrades to Hold from Buy
• $FWONA: Seaport Global Securities Downgrades to Neutral from Buy
• $GRAB: HSBC Downgrades to Hold from Buy - PT $5.50 (from $4.25)
• $MRVI : Goldman Sachs Downgrades to Sell from Neutral - PT $4.25 (from $7)
• $NAUT: Goldman Sachs Downgrades to Sell from Neutral - PT $1.75 (from $2.25)
• $NCNO: Piper Sandler Downgrades to Neutral from Overweight - PT $38
• $OTIS: Barclays Downgrades to Underweight from Equalweight - PT $94
• $PB: Wolfe Research Downgrades to Peerperform from Outperform
• $PFG: Morgan Stanley Downgrades to Underweight from Equalweight - PT $80 (from $86)
• $RLMD: Mizuho Downgrades to Neutral from Outperform - PT $1 (from $23)
• $ROP: Barclays Downgrades to Underweight from Overweight - PT $569 (from $625)
• $SBRA: Mizuho Downgrades to Neutral from Outperform - PT $20
• $SM: JPMorgan Downgrades to Neutral from Overweight - PT $16 (from $15)
• $VCYT: Goldman Sachs Downgrades to Neutral from Buy - PT $37 (from $38)