US BROKER MOVES: CSX upgraded at Susquehanna; AAPL downgraded at KeyBanc
Brokerages downgraded major tech firms like Apple and IBM due to earnings and capex concerns, while upgrading CSX on improving industrial demand. New coverage also highlights the aerospace sector.
News detail
UPGRADES AutoNation (AN) Upgraded to Buy at Northcoast; PT USD 240 AptarGroup (ATR) Upgraded to Buy at BofA Securities; PT USD 173 Cable One (CABO) Upgraded to Neutral at BNP Paribas Exane; PT USD 40 CSX (CSX) Upgraded to Positive at Susquehanna; PT USD 58 FuelCell Energy (FCEL) Upgraded to Buy at UBS; PT USD 27 Halliburton (HAL) Upgraded to Overweight at Piper Sandler; PT USD 43 Independence Realty Trust (IRT) Upgraded to Overweight at Barclays; PT USD 20 Newmont (NEM) Upgraded to Buy at TD Cowen Patterson-UTI Energy (PTEN) Upgraded to Overweight at Piper Sandler; PT USD 13 Red Rock Resorts (RRR) Upgraded to Overweight at Wells Fargo; PT USD 75 TKO Group (TKO) Upgraded to Buy at Seaport Global Securities; PT USD 210 UL Solutions (ULS) Upgraded to Buy at UBS; PT USD 110 WESCO (WCC) Upgraded to Overweight at Stephens DOWNGRADES Apple (AAPL) Downgraded to Underweight at KeyBanc; PT USD 250 Arm (ARM) Downgraded to Hold at HSBC; PT USD 315 AvalonBay Communities (AVB) Downgraded to Equalweight at Barclays; PT USD 205 Canadian National Railway (CNI) Downgraded to Neutral at Susquehanna; PT USD 14 Circle Internet (CRCL) Downgraded to Underperform at Mizuho; PT USD 50 EHang (EH) Downgraded to Neutral at Goldman Sachs; PT USD 7.30 Equity LifeStyle Properties (ELS) Downgraded to Equalweight at Barclays; PT USD 68 Equity Residential (EQR) Downgraded to Equalweight at Barclays; PT USD 76 Greif (GEF) Downgraded to Underperform at BofA Securities; PT USD 70 W.W. Grainger (GWW) Downgraded to Equal Weight at Stephens IBM (IBM) Downgraded to Reduce at HSBC; PT USD 191 International Paper (IP) Downgraded to Neutral at BofA Securities; PT USD 41 O-I Glass (OI) Downgraded to Underperform at BofA Securities; PT USD 11 Progressive (PGR) Downgraded to Neutral at JPMorgan; PT USD 250 Pattern Group (PTRN) Downgraded to Hold at Jefferies; PT USD 30 QIAGEN (QGEN) Downgraded to Hold at Berenberg; PT USD 45.50 Sylvamo (SLVM) Downgraded to Neutral at BofA Securities; PT USD 45 Skyworks Solutions (SWKS) Downgraded to Sector Weight at KeyBanc TriCo Bancshares (TCBK) Downgraded to Market Perform at Raymond James TriCo Bancshares (TCBK) Downgraded to Neutral at Piper Sandler; PT USD 61 Taylor Morrison Home (TMHC) Downgraded to Equalweight at Barclays; PT USD 73 INITIATIONS HeartBeam (BEAT) Initiated at Buy at Maxim Group; PT USD 2 Bel Fuse (BELFB) Initiated at Buy at BofA Securities; PT USD 330 Critical Metals (CRML) Initiated at Spec. Buy at Cantor Fitzgerald; PT USD 18 Graphic Packaging (GPK) Initiated at Buy at BofA Securities; PT USD 12 Intuit (INTU) Initiated at Underweight at Piper Sandler; PT USD 250 One Stop Systems (OSS) Initiated at Buy at Clear Street; PT USD 20 Sky Harbour (SKHY) Initiated at Overweight at Barclays; PT USD 330 SpaceX (SPCX) Initiated at Outperform at Evercore ISI; PT USD 230
Related stocks
40 stocksWhat do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.
