US BROKER MOVES: AEHR Initiated with a Buy at Jefferies; LUNR upgraded at Stifel
Brokers shifted focus toward AI infrastructure and biotech regulatory catalysts, upgrading CAPR and AEHR on growth prospects while downgrading CSCO after expectations were fully priced following Q4 results.
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UPGRADES Capricor Therapeutics (CAPR) Upgraded to Overweight from Neutral at Cantor Fitzgerald; PT USD 28 (prev USD 3.50) Didi Global (DIDIY) Upgraded to Outperform from Neutral at Macquarie; PT USD 5 (prev USD 3.80) Digital Realty Trust (DLR) Upgraded to Buy from Hold at HSBC; PT USD 240 (prev USD 210) Fox Corporation (FOXA) Upgraded to Overweight from Equal Weight at Wells Fargo; PT USD 80 Fox Corporation (FOXA) Upgraded to Overweight from Neutral at JPMorgan; PT USD 82 (prev USD 70) LTC Properties (LTC) Upgraded to Outperform from Sector Perform at RBC Capital; PT USD 45 (prev USD 41) Intuitive Machines (LUNR) Upgraded to Buy from Hold at Stifel; PT USD 26 (prev USD 32) Minerva Neurosciences (NERV) Upgraded to Buy from Hold at Jefferies; PT USD 10 (prev USD 7.50) NYAX Upgraded to Outperform from Market Perform at Keefe, Bruyette & Woods Wayfair (W) Upgraded to Outperform from Market Perform at Bernstein SocGen Group; PT USD 125 (prev USD 100) DOWNGRADES ARX Downgraded to Market Perform from Market Outperform at Citizens BigBear.ai Holdings (BZAI) Downgraded to Neutral from Buy at DA Davidson; PT USD 1 Cisco Systems (CSCO) Downgraded to Hold from Buy at HSBC; PT USD 120 (prev USD 137) CareTrust REIT (CTRE) Downgraded to Sector Perform from Outperform at RBC Capital; PT USD 43 (prev USD 44) Brinker International (EAT) Downgraded to Neutral from Buy at Northcoast Globant (GLOB) Downgraded to Neutral from Outperform at Wedbush; PT USD 37 (prev USD 54) Inter Parfums (IPAR) Downgraded to Hold from Buy at Berenberg; PT USD 130 (prev USD 113) KLC Downgraded to Underweight from Neutral at JPMorgan Murphy Oil (MUR) Downgraded to Underweight from Equalweight at Barclays; PT USD 34 (prev USD 38) Roku (ROKU) Downgraded to Equal Weight from Overweight at Wells Fargo; PT USD 165 SoundThinking (SSTI) Downgraded to Hold from Buy at Lake Street SoundThinking (SSTI) Downgraded to Market Perform from Market Outperform at Citizens T-Mobile US (TMUS) Downgraded to Peerperform from Outperform at Wolfe Research INITIATIONS Aehr Test Systems (AEHR) Initiated Buy at Jefferies; PT USD 175 ALVO Initiated Outperform at Evercore ISI FRNM Initiated Outperform at Leerink; PT USD 18 Krystal Biotech (KRYS) Initiated Outperform at RBC Capital; PT USD 400 Schrödinger (SDGR) Initiated Neutral at UBS; PT USD 19 SGP Initiated Outperform at Raymond James Sandisk (SNDK) Initiated Overweight at JPMorgan; PT USD 2,250 Energy Fuels (UUUU) Initiated Outperform at BMO Capital; PT USD 18
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