Various
Analyst Upgrades and Downgrades For the Week of July 15th
Analyst upgrades, downgrades, and more
By Justin Nugent · July 16, 2024

JULY 19TH:
Upgrades (Friday, July 19, 2024)
- Accenture (ACN)
- Brokerage Firm: UBS
- Ratings Change: Neutral >> Buy
- Price Target: $400
- AnaptysBio (ANAB)
- Brokerage Firm: JP Morgan
- Ratings Change: Neutral >> Overweight
- Price Target: $29 >> $69
- Arm Holdings plc (ARM)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Overweight
- Price Target: $107 >> $190
- Infosys (INFY)
- Brokerage Firm: Macquarie
- Ratings Change: Underperform >> Neutral
- Owens & Minor (OMI)
- Brokerage Firm: Citigroup
- Ratings Change: Neutral >> Buy
- Price Target: $24 >> $19
- Ultrapar Participacoes (UGP)
- Brokerage Firm: HSBC Securities
- Ratings Change: Reduce >> Hold
- Wolverine (WWW)
- Brokerage Firm: UBS
- Ratings Change: Neutral >> Buy
- Price Target: $13 >> $20
- Kinder Morgan (KMI)
- Brokerage Firm: Argus
- Ratings Change: Hold >> Buy
- Price Target: $24
Downgrades (Friday, July 19, 2024)
- Agenus (AGEN)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform >> Neutral
- Price Target: $35 >> $8
- Banner (BANR)
- Brokerage Firm: Janney
- Ratings Change: Buy >> Neutral
- Choice Hotels (CHH)
- Brokerage Firm: JP Morgan
- Ratings Change: Neutral >> Underweight
- Price Target: $120
- Cintas (CTAS)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform >> Neutral
- Price Target: $750 >> $775
- Eni S.p.A. (E)
- Brokerage Firm: Stifel
- Ratings Change: Buy >> Hold
- Edison (EIX)
- Brokerage Firm: UBS
- Ratings Change: Buy >> Neutral
- Price Target: $83 >> $82
- Host Hotels (HST)
- Brokerage Firm: JP Morgan
- Ratings Change: Neutral >> Underweight
- Price Target: $20 >> $18
- PepsiCo (PEP)
- Brokerage Firm: DZ Bank
- Ratings Change: Buy >> Hold
- Price Target: $183
- Pentair (PNR)
- Brokerage Firm: Northcoast
- Ratings Change: Buy >> Neutral
- Sealed Air (SEE)
- Brokerage Firm: RBC Capital Mkts
- Ratings Change: Outperform >> Sector Perform
- Price Target: $43 >> $40
- Triumph Financial (TFIN)
- Brokerage Firm: Keefe Bruyette
- Ratings Change: Mkt Perform >> Underperform
- Price Target: $75 >> $70
- WNS (WNS)
- Brokerage Firm: JP Morgan
- Ratings Change: Overweight >> Neutral
- Price Target: $60
- Wintrust Fin (WTFC)
- Brokerage Firm: Keefe Bruyette
- Ratings Change: Outperform >> Mkt Perform
- Price Target: $110 >> $115
- Novartis AG (NVS)
- Brokerage Firm: Deutsche Bank
- Ratings Change: Buy >> Hold
- Autohome (ATHM)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $31 >> $28
- SunPower (SPWR)
- Brokerage Firm: Mizuho
- Ratings Change: Neutral >> Underperform
Coverage Initiated (Friday, July 19, 2024)
- Columbia Sportswear (COLM)
- Brokerage Firm: Wedbush
- Ratings Change: Neutral
- Price Target: $80
- Greif (GEF)
- Brokerage Firm: Raymond James
- Ratings Change: Mkt Perform
- CGI Group (GIB)
- Brokerage Firm: UBS
- Ratings Change: Neutral
- Price Target: $112
- Canada Goose (GOOS)
- Brokerage Firm: Wedbush
- Ratings Change: Outperform
- Lilium N.V. (LILM)
- Brokerage Firm: Cantor Fitzgerald
- Ratings Change: Overweight
- Price Target: $2
- Sonoco Products (SON)
- Brokerage Firm: Raymond James
- Ratings Change: Outperform
- Price Target: $62
- Teradata (TDC)
- Brokerage Firm: UBS
- Ratings Change: Sell
- Price Target: $32
- Trupanion (TRUP)
- Brokerage Firm: William Blair
- Ratings Change: Outperform
- HIVE Digital Technologies (HIVE)
- Brokerage Firm: B. Riley Securities
- Ratings Change: Buy
- Price Target: $6
- Smurfit Westrock plc (SW)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Overweight
- Price Target: $60
- Life Time (LTH)
- Brokerage Firm: Craig Hallum
- Ratings Change: Buy
- Price Target: $30
- Constellation Energy (CEG)
- Brokerage Firm: Argus
- Ratings Change: Buy
- Price Target: $240
JULY 17TH:
Upgrades (Wednesday, July 17, 2024)
- Adidas AG (ADDYY)
- Brokerage Firm: Telsey Advisory Group
- Ratings Change: Market Perform >> Outperform
- Core Scientific (CORZ)
- Brokerage Firm: B. Riley Securities
- Ratings Change: Neutral >> Buy
- Price Target: $13
- Fluor (FLR)
- Brokerage Firm: KeyBanc Capital Markets
- Ratings Change: Sector Weight >> Overweight
- Price Target: $57
- Genpact (G)
- Brokerage Firm: JP Morgan
- Ratings Change: Underweight >> Neutral
- Price Target: $43 >> $40
- Progressive (PGR)
- Brokerage Firm: Keefe Bruyette
- Ratings Change: Mkt Perform >> Outperform
- Price Target: $210 >> $245
- UnitedHealth (UNH)
- Brokerage Firm: Jefferies
- Ratings Change: Hold >> Buy
- Price Target: $481 >> $647
- Valero Energy (VLO)
- Brokerage Firm: Mizuho
- Ratings Change: Neutral >> Outperform
- Price Target: $165 >> $175
- TC Energy (TRP)
- Brokerage Firm: Barclays
- Ratings Change: Equal Weight >> Overweight
- Aehr Test Systems (AEHR)
- Brokerage Firm: Craig Hallum
- Ratings Change: Hold >> Buy
- Price Target: $12 >> $25
- MaxLinear (MXL)
- Brokerage Firm: Craig Hallum
- Ratings Change: Hold >> Buy
- Price Target: $20 >> $38
Downgrades (Wednesday, July 17, 2024)
- American Airlines (AAL)
- Brokerage Firm: TD Cowen
- Ratings Change: Buy >> Hold
- Price Target: $16 >> $10
- Assoc Banc-Corp (ASB)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform >> Neutral
- Price Target: $27
- CenterPoint (CNP)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Overweight >> Equal-Weight
- Price Target: $30 >> $29
- Chevron (CVX)
- Brokerage Firm: Bernstein
- Ratings Change: Outperform >> Mkt Perform
- Price Target: $183 >> $167
- FB Financial (FBK)
- Brokerage Firm: Piper Sandler
- Ratings Change: Overweight >> Neutral
- Price Target: $41 >> $46
- Five Below (FIVE)
- Brokerage Firms:
- Mizuho: Outperform >> Neutral, Price Target: $150 >> $85
- Evercore ISI: Outperform >> In-line, Price Target: $160 >> $113
- Barclays: Overweight >> Equal Weight, Price Target: $176 >> $90
- Truist: Buy >> Hold, Price Target: $136 >> $89
- Morgan Stanley: Overweight >> Equal-Weight, Price Target: $160 >> $100
- Citigroup: Buy >> Neutral, Price Target: $175 >> $92
- William Blair: Outperform >> Mkt Perform
- Brokerage Firms:
- Morgan Stanley (MS)
- Brokerage Firm: Oppenheimer
- Ratings Change: Outperform >> Perform
- Spirit Airlines (SAVE)
- Brokerage Firm: TD Cowen
- Ratings Change: Hold >> Sell
- Price Target: $3 >> $2
- Qualcomm (QCOM)
- Brokerage Firm: HSBC Securities
- Ratings Change: Buy >> Hold
- Price Target: $200
- Charles Schwab (SCHW)
- Brokerage Firm: TD Cowen
- Ratings Change: Buy >> Hold
- Price Target: $88 >> $71
- SolarEdge Technologies (SEDG)
- Brokerage Firm: DZ Bank
- Ratings Change: Hold >> Sell
- Price Target: $24
- Truist (TFC)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform >> Neutral
- Price Target: $45
- TFI International (TFII)
- Brokerage Firm: Desjardins
- Ratings Change: Buy >> Hold
- TELUS International (TIXT)
- Brokerage Firm: JP Morgan
- Ratings Change: Neutral >> Underweight
- Price Target: $7
- Vale S.A. (VALE)
- Brokerage Firm: Wolfe Research
- Ratings Change: Outperform >> Peer Perform
- Essential Properties Realty Trust (EPRT)
- Brokerage Firm: Evercore ISI
- Ratings Change: Outperform >> In-line
- Price Target: $30 >> $32
- Ardagh Metal Packaging S.A. (AMBP)
- Brokerage Firm: UBS
- Ratings Change: Buy >> Neutral
- 1-800-FLOWERS (FLWS)
- Brokerage Firm: DA Davidson
- Ratings Change: Neutral >> Underperform
- Price Target: $8
- Albemarle (ALB)
- Brokerage Firm: HSBC Securities
- Ratings Change: Buy >> Hold
- Price Target: $95
- First Horizon (FHN)
- Brokerage Firm: Keefe Bruyette
- Ratings Change: Outperform >> Mkt Perform
- Price Target: $18
Coverage Initiated (Wednesday, July 17, 2024)
- Axon (AXON)
- Brokerage Firms:
- Jefferies: Buy, Price Target: $385
- BofA Securities: Buy, Price Target: $380
- Brokerage Firms:
- Core Scientific (CORZ)
- Brokerage Firm: Cantor Fitzgerald
- Ratings Change: Overweight
- Price Target: $20
- CVR Energy (CVI)
- Brokerage Firm: Mizuho
- Ratings Change: Neutral
- Price Target: $27
- Fidelis Insurance Holdings Limited (FIHL)
- Brokerage Firm: Evercore ISI
- Ratings Change: In-line
- Price Target: $19
- Par Pacific (PARR)
- Brokerage Firm: Mizuho
- Ratings Change: Outperform
- Price Target: $33
- Rezolute (RZLT)
- Brokerage Firm: BTIG Research
- Ratings Change: Buy
- Price Target: $13
- Sweetgreen (SG)
- Brokerage Firm: UBS
- Ratings Change: Buy
- Price Target: $31
- Sable Offshore Corp. (SOC)
- Brokerage Firm: The Benchmark Company
- Ratings Change: Buy
- Price Target: $24
- Tango Therapeutics (TNGX)
- Brokerage Firm: Jefferies
- Ratings Change: Buy
- Price Target: $19
- Rumble (RUM)
- Brokerage Firm: Wedbush
- Ratings Change: Neutral
- Price Target: $8
- Proficient Auto Logistics (PAL)
- Brokerage Firm: Barrington Research
- Ratings Change: Outperform
- Price Target: $22
JULY 16TH:
Upgrades (Tuesday, July 16, 2024)
- Chegg (CHGG) upgraded by Morgan Stanley from Underweight to Equal-Weight, price target lowered from $6.5 to $3.25
- Cooper (COO) upgraded by Jefferies from Hold to Buy, price target raised from $107 to $115
- EPAM Systems (EPAM) upgraded by Jefferies from Hold to Buy, price target raised from $202 to $237
- Profound Medical (PROF) upgraded by Stifel from Hold to Buy, price target raised from $9 to $12
- Sweetgreen (SG) upgraded by Morgan Stanley from Underweight to Equal-Weight, price target at $25
- Shopify (SHOP) upgraded by BofA Securities from Neutral to Buy, price target raised from $78 to $82
- Datadog (DDOG) upgraded by Mizuho from Neutral to Outperform, price target raised from $135 to $155
- RPM Inc (RPM) upgraded by Vertical Research from Hold to Buy, price target at $126
Downgrades (Tuesday, July 16, 2024)
- Dollar Tree (DLTR) downgraded by Piper Sandler from Overweight to Neutral, price target lowered from $143 to $112
- GrafTech International (EAF) downgraded by JP Morgan from Neutral to Underweight
- Palantir Technologies (PLTR) downgraded by Mizuho from Neutral to Underperform, price target raised from $21 to $22
- Reddit (RDDT) downgraded by Loop Capital from Buy to Hold, price target at $75
- Starbucks (SBUX) downgraded by Evercore ISI from Outperform to In-line, price target lowered from $92 to $80
- Yum! Brands (YUM) downgraded by Evercore ISI from Outperform to In-line, price target lowered from $160 to $145
- Zscaler (ZS) downgraded by Mizuho from Outperform to Neutral, price target at $220
- General Mills (GIS) downgraded by Argus from Buy to Hold
- Valaris (VAL) downgraded by Pickering Energy Partners from Outperform to Neutral
Coverage Initiated (Tuesday, July 16, 2024)
- Amazon (AMZN) initiated by Wolfe Research with an Outperform rating, price target at $250
- American Express (AXP) initiated by Compass Point with a Neutral rating, price target at $260
- Bread Financial (BFH) initiated by Compass Point with a Buy rating, price target at $54
- Bumble Inc. (BMBL) initiated by Wolfe Research with an Outperform rating, price target at $14
- Instacart (CART) initiated by Wolfe Research with a Peer Perform rating
- Chewy (CHWY) initiated by Wolfe Research with a Peer Perform rating
- DoorDash (DASH) initiated by Wolfe Research with an Outperform rating, price target at $130
- Duolingo (DUOL) initiated by Wolfe Research with a Peer Perform rating
- eBay (EBAY) initiated by Wolfe Research with a Peer Perform rating
- Etsy (ETSY) initiated by Wolfe Research with a Peer Perform rating
- Alphabet A (GOOGL) initiated by Wolfe Research with an Outperform rating, price target at $240
- GeoVax Labs (GOVX) initiated by ROTH MKM with a Buy rating, price target at $20
- Integer Holdings (ITGR) initiated by Oppenheimer with an Outperform rating, price target at $135
- Kingstone (KINS) initiated by Janney with a Buy rating, price target at $6.5
- Lamar Advertising (LAMR) initiated by TD Cowen with a Buy rating, price target at $135
- Lyft (LYFT) initiated by Wolfe Research with a Peer Perform rating
- Meta Platforms (META) initiated by Wolfe Research with an Outperform rating, price target at $620
- Magnite (MGNI) initiated by Wolfe Research with an Outperform rating, price target at $16
- Match Group (MTCH) initiated by Wolfe Research with an Outperform rating, price target at $36
- Cloudflare (NET) initiated by Wolfe Research with a Peer Perform rating
- Option Care Health (OPCH) initiated by JMP Securities with a Market Outperform rating, price target at $36
- OUTFRONT Media (OUT) initiated by TD Cowen with a Hold rating, price target at $16
- Progyny (PGNY) initiated by JMP Securities with a Market Outperform rating, price target at $36
- Pinterest (PINS) initiated by Wolfe Research with a Peer Perform rating
- Peloton (PTON) initiated by Wolfe Research with a Peer Perform rating
- PubMatic (PUBM) initiated by Wolfe Research with an Outperform rating, price target at $25
- Roblox (RBLX) initiated by Wolfe Research with a Peer Perform rating
- Shopify (SHOP) initiated by Wolfe Research with an Outperform rating, price target at $80
- Simulations Plus (SLP) initiated by JMP Securities with a Market Perform rating
- Snap (SNAP) initiated by Wolfe Research with a Peer Perform rating
- Synchrony Financial (SYF) initiated by Compass Point with a Buy rating, price target at $56
- The Trade Desk (TTD) initiated by Wolfe Research with an Outperform rating, price target at $115
- Uber (UBER) initiated by Wolfe Research with an Outperform rating, price target at $90
- Yelp (YELP) initiated by Wolfe Research with a Peer Perform rating
- Spyre Therapeutics (SYRE) initiated by Evercore ISI with an Outperform rating
JULY 15TH:
Upgrades (Monday, July 15, 2024)
- Apple (AAPL)
- Brokerage Firm: Loop Capital
- Ratings Change: Hold >> Buy
- Price Target: $170 >> $300
- Carrier Global (CARR)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Neutral >> Outperform
- Price Target: $64 >> $75
- Genmab (GMAB)
- Brokerage Firm: RBC Capital Mkts
- Ratings Change: Sector Perform >> Outperform
- Solid Biosciences (SLDB)
- Brokerage Firm: JP Morgan
- Ratings Change: Neutral >> Overweight
- Price Target: $10 >> $15
- TD Synnex (SNX)
- Brokerage Firm: RBC Capital Mkts
- Ratings Change: Sector Perform >> Outperform
- Price Target: $135 >> $140
- UDR (UDR)
- Brokerage Firm: BMO Capital Markets
- Ratings Change: Market Perform >> Outperform
- Price Target: $39 >> $45
- Alcon (ALC)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Underweight >> Equal-Weight
- Price Target: $65 >> $85
Downgrades (Monday, July 15, 2024)
- Advanced Energy (AEIS)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $113
- Armada Hoffler Properties (AHH)
- Brokerage Firm: Jefferies
- Ratings Change: Buy >> Hold
- Price Target: $13 >> $11
- Altair Engineering (ALTR)
- Brokerage Firm: JP Morgan
- Ratings Change: Overweight >> Neutral
- Price Target: $95
- Baxter (BAX)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Underweight
- Price Target: $39 >> $30
- BNY Mellon (BK)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $65
- BP (BP)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Overweight >> Equal-Weight
- Price Target: $49.9 >> $41.5
- Cohu (COHU)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $36
- Cintas (CTAS)
- Brokerage Firm: RBC Capital Mkts
- Ratings Change: Outperform >> Sector Perform
- Price Target: $725
- Caesars Entertainment (CZR)
- Brokerage Firm: Susquehanna
- Ratings Change: Neutral >> Negative
- Price Target: $33
- Deutsche Lufthansa AG (DLAKY)
- Brokerage Firm: Stifel
- Ratings Change: Hold >> Sell
- Electronic Arts (EA)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $148 >> $161
- Rocket Lab USA (RKLB)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Overweight >> Equal-Weight
- Price Target: $8 >> $6
- SBA Comm (SBAC)
- Brokerage Firm: Wells Fargo
- Ratings Change: Overweight >> Equal Weight
- Price Target: $230 >> $220
- STAAR Surgical (STAA)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Underweight
- Price Target: $50 >> $37
- Travelers (TRV)
- Brokerage Firm: TD Cowen
- Ratings Change: Buy >> Hold
- Price Target: $252 >> $230
- Veeco Instruments (VECO)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $45 >> $50
- PennantPark Investment (PNNT)
- Brokerage Firm: Compass Point
- Ratings Change: Neutral >> Sell
- Price Target: $6.5
- ON Semiconductor (ON)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $85 >> $77
Coverage Initiated (Monday, July 15, 2024)
- Moller Maersk (AMKBY)
- Brokerage Firm: Wolfe Research
- Ratings Change: Peer Perform
- MP Materials (MP)
- Brokerage Firm: BMO Capital Markets
- Ratings Change: Market Perform
- Price Target: $16.5
- Rubrik (RBRK)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform
- Price Target: $42
- SentinelOne (S)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform
- Price Target: $25
- Tenable (TENB)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform
- Price Target: $55
- Zeta Global (ZETA)
- Brokerage Firm: Truist
- Ratings Change: Buy
- Price Target: $23
- Datadog (DDOG)
- Brokerage Firm: Evercore ISI
- Ratings Change: Outperform
- Price Target: $150
- Innodata (INOD)
- Brokerage Firm: Maxim Group
- Ratings Change: Buy
- Price Target: $30
