U.S. Markets

US BROKER MOVES: SNDK upgraded at Argus; DOCS downgraded at Wells Fargo

StockNow breaking-news AI analysis

Brokers are bullish on AI infrastructure like Palantir and HPE following strong earnings, while Apple faces supply chain and regional downgrades. Regional banks see widespread coverage initiations by Wells Fargo.

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UPGRADES Arteris (AIP) Upgraded to Buy from Hold at Jefferies; PT USD 50 (prev USD 35) BlackSky Technology (BKSY) Upgraded to Buy from Hold at Clear Street; PT USD 41 (prev USD 29) Dick's Sporting Goods (DKS) Upgraded to Overweight from Equal Weight at Wells Fargo; PT USD 240 (prev USD 220) FirstCash Holdings (FCFS) Upgraded to Buy from Hold at Loop Capital; PT USD 255 Hewlett Packard Enterprise (HPE) Upgraded to Overweight from Equalweight at Morgan Stanley; PT USD 69 (prev USD 71) James Hardie Industries (JHX) Upgraded to Overweight from Equalweight at Barclays; PT USD 35 (prev USD 26) Lincoln Electric Holdings (LECO) Upgraded to Equalweight from Underweight at Morgan Stanley; PT USD 283 (prev USD 257) LSB Industries (LXU) Upgraded to Outperform from Sector Perform at RBC Capital; PT USD 13 NetApp (NTAP) Upgraded to Equalweight from Underweight at Morgan Stanley; PT USD 173 (prev USD 137) Palantir Technologies (PLTR) Upgraded to Overweight from Equalweight at Morgan Stanley; PT USD 108 (prev USD 87) Palantir Technologies (PLTR) Upgraded to Positive from Neutral at Susquehanna; PT USD 120 (prev USD 85) Protagonist Therapeutics (PTGX) Upgraded to Buy from Neutral at Goldman Sachs; PT USD 186 (prev USD 110) Sezzle (SEZL) Upgraded to Buy from Hold at TD Cowen; PT USD 165 SanDisk (SNDK) Upgraded to Buy from Hold at Argus; PT USD 1,600 United Microelectronics (UMC) Upgraded to Buy from Neutral at Arete DOWNGRADES Apple (AAPL) Downgraded to Underperform from Hold at Jefferies; PT USD 263.66 (prev USD 285.56) Akamai Technologies (AKAM) Downgraded to Hold from Buy at HSBC; PT USD 123 (prev USD 171) Amrize (AMRZ) Downgraded to Underperform from Sector Perform at RBC Capital; PT USD 48 (prev USD 60) Arko (ARKO) Downgraded to Outperform from Strong Buy at Raymond James; PT USD 7 (prev USD 8) BioLife Solutions (BLFS) Downgraded to Hold from Buy at Benchmark Beazer Homes USA (BZH) Downgraded to Hold from Buy at Texas Capital Securities; PT USD 33.50 Chemours (CC) Downgraded to Neutral from Buy at UBS; PT USD 18 (prev USD 29) Cognex (CGNX) Downgraded to Hold from Buy at HSBC Compass Minerals (CMP) Downgraded to Underweight from Neutral at JPMorgan; PT USD 27 (prev USD 30) Doximity (DOCS) Downgraded to Underweight from Equal Weight at Wells Fargo; PT USD 18 Domino's Pizza (DPZ) Downgraded to Hold from Buy at Loop Capital Global-e Online (GLBE) Downgraded to Equalweight from Overweight at Morgan Stanley; PT USD 44 (prev USD 37) i3 Verticals (IIIV) Downgraded to Hold from Buy at Benchmark Samsara (IOT) Downgraded to Neutral from Overweight at Piper Sandler; PT USD 40 Inter Parfums (IPAR) Downgraded to Hold from Buy at TD Cowen; PT USD 120 (prev USD 110) Inter Parfums (IPAR) Downgraded to Neutral from Buy at Goldman Sachs; PT USD 129 (prev USD 110) Kennametal (KMT) Downgraded to Underweight from Equalweight at Morgan Stanley; PT USD 27 (prev USD 31) Spectrum Brands Holdings (SPB) Downgraded to Sector Perform from Outperform at RBC Capital; PT USD 92 (prev USD 85) Teradata (TDC) Downgraded to Equalweight from Overweight at Morgan Stanley; PT USD 29 (prev USD 35) The Trade Desk (TTD) Downgraded to Reduce from Hold at HSBC; PT USD 10 INITIATIONS Banc of California (BANC) Initiated Overweight at Wells Fargo; PT USD 23 BankUnited (BKU) Initiated Overweight at Wells Fargo; PT USD 54 BOK Financial (BOKF) Initiated Equal Weight at Wells Fargo; PT USD 148 Commerce Bancshares (CBSH) Initiated Equal Weight at Wells Fargo; PT USD 63 Columbia Banking System (COLB) Initiated Equal Weight at Wells Fargo; PT USD 34 East West Bancorp (EWBC) Initiated Overweight at Wells Fargo; PT USD 155 First BanCorp (FBP) Initiated Overweight at Wells Fargo; PT USD 33 First Horizon (FHN) Initiated Equal Weight at Wells Fargo; PT USD 28 First Interstate BancSystem (FIBK) Initiated Underweight at Wells Fargo; PT USD 34 F.N.B. (FNB) Initiated Overweight at Wells Fargo; PT USD 22 Guidewire Software (GWRE) Initiated Overweight at Piper Sandler; PT USD 210 OFG Bancorp (OFG) Initiated Equal Weight at Wells Fargo; PT USD 55 Bank OZK (OZK) Initiated Equal Weight at Wells Fargo; PT USD 56 Pinnacle Financial Partners (PNFP) Initiated Equal Weight at Wells Fargo; PT USD 118 UMB Financial (UMBF) Initiated Equal Weight at Wells Fargo; PT USD 160 Western Alliance Bancorporation (WAL) Initiated Equal Weight at Wells Fargo; PT USD 90

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