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Top upgrades and downgrades on 5/26

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Analysts Notebook wrote a column · May 26, 2022 05:30
Upgrades
$AmerisourceBergen (ABC.US)$ : Barclays Upgrades to Overweight from Equalweight - PT $182 (from $175)
$Alignment Healthcare (ALHC.US)$ : BofA Securities Upgrades to Buy from Neutral - PT $14 (from $18)
$Cigna Group (CI.US)$ : BofA Securities Upgrades to Neutral from Underperform - PT $300 (from $265)
$Canadian National Railway (CNI.US)$ : Evercore ISI Upgrades to Outperform from In Line
$Youdao (DAO.US)$ : Citic Securities Upgrades to Buy from Neutral - PT $10

$Frontier Communications (FYBR.US)$ : Morgan Stanley Upgrades to Equalweight from Underweight - PT $25 (from $24)

$Kratos Defense & Security Solutions (KTOS.US)$ : Truist Securities Upgrades to Buy from Hold - PT $20 (from $15)
$Lululemon Athletica (LULU.US)$ : Morgan Stanley Upgrades to Overweight from Equalweight - PT $303 (from $339)
$POINT Biopharma (PNT.US)$ : Jefferies Upgrades to Buy from Hold - PT $20 (from $7)

$Patterson-UTI Energy (PTEN.US)$ : JPMorgan Upgrades to Neutral from Underweight - PT $20 (from $14)

$Sysco Corp (SYY.US)$ : JPMorgan Upgrades to Overweight from Neutral - PT $98

$TuSimple (TSP.US)$ : China Renaissance Upgrades to Buy from Hold - PT $15.50 (from $39.10)
Downgrades
$ASGN Inc (ASGN.US)$ : BMO Capital Downgrades to Market Perform from Outperform - PT $102

$Cardinal Health (CAH.US)$ : Barclays Downgrades to Equalweight from Overweight - PT $64 (from $70)

$Columbus McKinnon (CMCO.US)$ : JPMorgan Downgrades to Neutral from Overweight - PT $37 (from $64)

$Centene (CNC.US)$ : BofA Securities Downgrades to Neutral from Buy - PT $90 (from $95)

$Covetrus (CVET.US)$ : Barclays Downgrades to Equalweight from Overweight - PT $21 (from $26)

$Dow Inc (DOW.US)$ : Evercore ISI Downgrades to In Line from Outperform - PT $68

$Huntington Bancshares (HBAN.US)$ : Wolfe Research Downgrades to Underperform from Peerperform - PT $11 (from $15)

$Hoegh LNG (HMLP.US)$ : Stifel Downgrades to Hold from Buy - PT $9.25 (from $9.50)

$The Kraft Heinz (KHC.US)$ : UBS Downgrades to Sell from Neutral - PT $34 (from $40)

$ManpowerGroup (MAN.US)$ : BMO Capital Downgrades to Market Perform from Outperform - PT $84 (from $120)

$Molina Healthcare (MOH.US)$ : BofA Securities Downgrades to Underperform from Buy - PT $335 (from $355)

$Nutanix (NTNX.US)$ : BofA Securities Downgrades to Neutral from Buy - PT $22 (from $54)

$Oscar Health (OSCR.US)$ : BofA Securities Downgrades to Neutral from Buy - PT $6 (from $12)

$ProPetro Holding (PUMP.US)$ : JPMorgan Downgrades to Underweight from Overweight - PT $14 (from $16)

$Robert Half (RHI.US)$ : BMO Capital Downgrades to Market Perform from Outperform - PT $80 (from $125)

$TrueBlue (TBI.US)$ : BMO Capital Downgrades to Market Perform from Outperform - PT $20

$Union Pacific (UNP.US)$ : Evercore ISI Downgrades to In Line from Outperform
Initiated
$Coinbase (COIN.US)$ : Cowen initiates at Outperform - PT $85
$CrowdStrike (CRWD.US)$ : Stephens initiates at Overweight - PT $232
$CyberArk (CYBR.US)$ : Stephens initiates at Overweight - PT $170
$KnowBe4 (KNBE.US)$ : Stephens initiates at Overweight - PT $25
$Liquidia (LQDA.US)$ : BofA Securities initiates at Buy - PT $12
$Okta (OKTA.US)$ : Stephens initiates at Overweight - PT $145
$Zscaler (ZS.US)$ : Stephens initiates at Overweight - PT $200
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