U.S. Markets

US BROKER MOVES: FLNC upgraded at Citi; PEGA downgraded at Citizens

StockNow breaking-news AI analysis

Citi upgraded several clean energy stocks including FLNC and CSIQ, while PEGA was downgraded by Citizens due to AI-related client delays despite record first-half cash flow.

News detail

UPGRADES Canadian Solar (CSIQ) Upgraded to Neutral at Citi; PT USD 18 (prev USD 11) Everforth (EFOR) Upgraded to Buy at Truist Securities; PT USD 36 Fluence Energy (FLNC) Upgraded to Buy at Citi; PT USD 24 (prev USD 26) Genmab (GMAB) Upgraded to Buy at TD Cowen; PT USD 43 (prev USD 32) Energy Vault (NRGV) Upgraded to Buy at Citi; PT USD 5 (prev USD 5.25) Solstice Advanced Materials (SOLS) Upgraded to Buy at Vertical Research Partners; PT USD 79 DOWNGRADES Crown Holdings (CCK) Downgraded to Neutral at JPMorgan; PT USD 121 (prev USD 107) Mercantile Bank (MBWM) Downgraded to Market Perform at Hovde Group; PT USD 62 Pegasystems (PEGA) Downgraded to Market Perform at Citizens Roper Technologies (ROP) Downgraded to Market Perform at Raymond James; PT USD 500 Trimble (TRMB) Downgraded to Market Perform at Raymond James; PT USD 93 Utz Brands (UTZ) Downgraded to Neutral at DA Davidson; PT USD 14.25 (prev USD 15) Vornado Realty Trust (VNO) Downgraded to Underweight at Morgan Stanley; PT USD 32 Washington Trust Bancorp (WASH) Downgraded to Neutral at Seaport Global Securities INITIATIONS Advanced Energy Industries (AEIS) Initiated Overweight at Morgan Stanley; PT USD 421 Corsair Gaming (CRSR) Initiated Buy at Roth; PT USD 15 Eloxx Pharmaceuticals (ELOX) Initiated Outperform at LifeSci Capital; PT USD 40 Finance of America (FOA) Initiated Buy at Alliance Global Partners; PT USD 30 Generac (GNRC) Initiated Overweight at Cantor Fitzgerald; PT USD 325 Industrial Logistics Properties Trust (ILPT) Initiated Buy at Lucid Capital Markets; PT USD 11.50 Immix Biopharma (IMMX) Initiated Buy at Needham; PT USD 21 Integer Holdings (ITGR) Initiated Buy at Freedom Capital; PT USD 112 Lamar Advertising (LAMR) Initiated Neutral at JPMorgan; PT USD 153 Lyell Immunopharma (LYEL) Initiated Buy at B. Riley; PT USD 44 Nektar Therapeutics (NKTR) Initiated Buy at Canaccord; PT USD 153 OUTFRONT Media (OUT) Initiated Overweight at JPMorgan; PT USD 38 Seven Hills Realty Trust (SEVN) Initiated Neutral at Lucid Capital Markets; PT USD 8.50

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