Notes
MONDAY’S TOP WALL STREET CALLS
❖ Evercore ISI: Reiterates $NFLX Outperform — expects modest Q3 beat.
❖ Mizuho: Downgrades $RIVN, $TXN, $SWKS, $QRVO to Underperform.
❖ Wolfe Research: $DLR to Outperform.
❖ Evercore ISI & Loop Capital: Turn more bullish on $AAPL — upgrade to Buy, PT $315.
❖ Bank of America: Reiterates $NVDA and $AVGO as top picks.
❖ Morgan Stanley: Initiates $AVPT Overweight; downgrades $PGR to Underweight.
❖ Goldman Sachs: Upgrades $DRI to Buy.
❖ Wedbush Securities: Reiterates $TSLA Outperform.
❖ Barclays: Upgrades $KLAC, downgrades $MRVL; upgrades $SRE
❖ BofA: Reiterates $GOOGL Buy, raises PT to $280.
❖ TD Cowen: Upgrades $ALLY to Buy.
❖ Wolfe Research: Initiates $SAIL Buy, PT $27.
❖ Citigroup: Initiates $WSC Buy; downgrades $GIL to Neutral.
#Downgrades - Sep 19, 2024
$ATHA: Mizuho Downgrades to Neutral from Outperform - PT $0.50 (from $5)
$BX: CFRA Downgrades to Sell from Hold - PT $140 (from $107)
$CASY: JPMorgan Downgrades to Underweight from Neutral - PT $337 (from $300)
$ELAN: Morgan Stanley Downgrades to Equalweight from Overweight - PT $15 (from $17)
$FIVE: JPMorgan Downgrades to Underweight from Neutral - PT $95 (from $89)
$HALO: JPMorgan Downgrades to Neutral from Overweight - PT $57 (from $52)
$LFT: Raymond James Downgrades to Market Perform from Outperform
$MUSA: JPMorgan Downgrades to Underweight from Neutral - PT $435 (from $415)
$NREF: Raymond James Downgrades to Market Perform from Strong Buy
$PGNY: JMP Securities Downgrades to Market Perform from Market Outperform
$VSTO: Roth/MKM Downgrades to Neutral from Buy - PT $42
$WSC: Barclays Downgrades to Equalweight from Overweight - PT $44 (from $50)
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