U.S. Markets

US BROKER MOVES: ABBV upgraded at Wolfe Research; STUB downgraded at BofA

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Broker moves on August 13, 2026, highlight an upgrade for AbbVie based on pipeline potential and a downgrade for StubHub due to persistent losses despite rising revenue.

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UPGRADES AbbVie (ABBV) Upgraded to Outperform from Peerperform at Wolfe Research; PT USD 300 Abbott Laboratories (ABT) Upgraded to Outperform from Peerperform at Wolfe Research Akamai Technologies (AKAM) Upgraded to Neutral from Underweight at JPMorgan; PT USD 158 (prev USD 132) Annexon (ANNX) Upgraded to Market Perform from Market Underperform at Citizens Biogen (BIIB) Upgraded to Outperform from Peerperform at Wolfe Research; PT USD 300 Cava Group (CAVA) Upgraded to Neutral from Sell at Northcoast Establishment Labs (ESTA) Upgraded to Buy from Neutral at Citi; PT USD 92 Five Below (FIVE) Upgraded to Buy from Hold at Jefferies; PT USD 350 (prev USD 210) Hyliion Holdings (HYLN) Upgraded to Outperform from Market Perform at Northland; PT USD 10 Inovio Pharmaceuticals (INO) Upgraded to Buy from Hold at Jefferies; PT USD 3 (prev USD 1.80) Keurig Dr Pepper (KDP) Upgraded to Buy from Hold at HSBC; PT USD 40 ONE Gas (OGS) Upgraded to Buy from Neutral at Ladenburg Thalmann; PT USD 85.50 Portland General Electric (POR) Upgraded to Buy from Neutral at Ladenburg Thalmann; PT USD 48.50 Sylvamo (SLGN) Upgraded to Outperform from Sector Perform at RBC Capital; PT USD 58 (prev USD 51) SM Energy (SM) Upgraded to Overweight from Equal Weight at Wells Fargo; PT USD 47 (prev USD 32) Wyfi (WYFI) Upgraded to Overweight from Neutral at Cantor Fitzgerald; PT USD 36 DOWNGRADES Better Home & Finance (BETR) Downgraded to Neutral from Overweight at Cantor Fitzgerald; PT USD 16 Bowman Consulting Group (BWMN) Downgraded to Neutral from Buy at Roth; PT USD 43 Coca-Cola Europacific Partners (CCEP) Downgraded to Neutral from Buy at UBS; PT USD 107 (prev USD 109) MNPR Downgraded to Neutral from Overweight at Cantor Fitzgerald; PT USD 119 (prev USD 109) O-I Glass (OI) Downgraded to Sector Perform from Outperform at RBC Capital; PT USD 8 (prev USD 10) StubHub Holdings (STUB) Downgraded to Underperform from Neutral at BofA Securities; PT USD 7.50 (prev USD 11) Stryker (SYK) Downgraded to Peerperform from Outperform at Wolfe Research Tencent Music Entertainment (TME) Downgraded to Neutral from Buy at Nomura/Instinet; PT USD 10 (prev USD 12.50) Tronox Holdings (TROX) Downgraded to Underweight from Neutral at JPMorgan; PT USD 5 (prev USD 7) INITIATIONS Achieve Life Sciences (ACHV) Initiated Overweight at Morgan Stanley; PT USD 13 Salesforce (CRM) Initiated Overweight at JPMorgan; PT USD 250 Carriage Services (CSV) Initiated Outperform at Oppenheimer; PT USD 48 Kazia Therapeutics (KZIA) Initiated Buy at Canaccord; PT USD 29 Momentus (MNTS) Initiated Buy at Alliance Global Partners; PT USD 8 Vail Resorts (MTN) Initiated Sell at Goldman Sachs; PT USD 132 Plymouth Industrial REIT (PLYX) Initiated Strong Buy at Raymond James; PT USD 6 Sibanye Stillwater (SBSW) Initiated Buy at Citi; PT USD 13.50

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