MORNING BID 🔸 $NET: Upgraded to Buy by Citigroup, target price to $145 from $95, expecting 27%-30% annual revenue growth. 🔸 Citigroup: Positive 90-day watchlist for $OKTA, negative for $CRWD. 🔸 $WDC: Q2 revenue expected at $4.30B (below consensus $4.24B, EPS at $1.75-$2.05; CFO Jabre resigning. 🔸 $CRM: Upgraded to Buy from Hold by TD Cowen. 🔸 TikTok: Trump's advisor supports keeping app if deal viable; Schumer urges Biden to extend shutdown deadline by 90 days. 🔸 $OZK: Q4 EPS $1.56 vs. est. $1.44; NII $379-398M; book value up 11.5% to $47.30/share. 🔸 $CFG: Q4 EPS $0.85 vs. est. $0.83; revenue $1.99B; NIM 2.87%; provisions $162M. 🔸 $INDB: Q4 adj. EPS $1.21 vs. est. $1.16; NIM 3.33%; Q3 pre-tax profit $62.93M. 🔸 $RC: Announces $150M share buyback. 🔸 $RF: Q4 EPS $0.56 vs. est. $0.55; revenue $1.845B; Q1 NII to decline; NIM 3.55%; provisions $120M. 🔸 $WULF: Files for mixed shelf offering, size undisclosed. 🔸 $TFC: Q4 EPS $0.91 vs. est. $0.88; revenue $5.11B; tangible book value $30.01/share; CET1 ratio 11.5%; provisions $471M; Q1 revenue down 2% Q/Q; FY revenue up 3-3.5%. 🔸 $JBHT: Q4 EPS $1.53 vs. est. $1.61; revenue down 5% to $3.15B, due to declines in various segments including Intermodal (down 2%). 🔸 $DD and $AXTA: Upgraded to Outperform by Wolfe Research. 🔸 $OTIS: Authorizes $2B share repurchase program. 🔸 Shield AI: In talks to raise significant funding from $PLTR and $LMT, per The Information. 🔸 $CROX: Downgraded to Hold from Buy by Williams Trading due to weakening trends. 🔸 $RIVN: Finalizes $6.6B loan agreement with U.S. DOE for Georgia manufacturing. Fisker: U.S. auto safety probe closed on 6,971 Ocean SUVs, no further investigation expected post-bankruptcy.

#Upgrades - Sep 24, 2024 $BANC: Wedbush Upgrades to Outperform from Neutral - PT $18 (from $14) $BNTX: Morgan Stanley Upgrades to Overweight from Equalweight - PT $145 (from $93) $CMA: Wedbush Upgrades to Outperform from Neutral - PT $75 (from $52) $CNH: Raymond James Upgrades to Outperform from Market Perform - PT $14 $COLB: Wedbush Upgrades to Outperform from Neutral - PT $31 (from $28) $CRM: Piper Sandler Upgrades to Overweight from Neutral - PT $325 (from $268) $LOW: Oppenheimer Upgrades to Outperform from Perform - PT $305 (from $230) $PB: Wedbush Upgrades to Outperform from Neutral - PT $90 (from $75) $RF: Wedbush Upgrades to Outperform from Neutral - PT $28 (from $23) $RYAN: BMO Capital Upgrades to Outperform from Market Perform - PT $75 (from $65) $WMT: Truist Securities Upgrades to Buy from Hold - PT $89 (from $76)