Top upgrades and downgrades on 5/31

Analysts Notebook wrote a column · May 31, 2022 18:31

Upgrades

• $Grab Holdings (GRAB.US)$: Bernstein Upgrades to Outperform from Market Perform - PT $3.04

• $Linde (LIN.US)$: Evercore ISI Upgrades to Outperform from In Line - PT $355

• $Magellan Midstream (MMP.US)$: Wells Fargo Upgrades to Overweight from EqualWeight - PT $56 (from $54)

• $Mercury Systems (MRCY.US)$: Baird Upgrades to Outperform from Neutral - PT $72 (from $56)

• $Nurix Therapeutics (NRIX.US)$: Wells Fargo Upgrades to Overweight from EqualWeight - PT $25

• $NuStar Energy (NS.US)$: Wells Fargo Upgrades to Overweight from EqualWeigh - PT $18 (from $17)

• $Toyota Motor (TM.US)$: JPMorgan Upgrades to Overweight from Neutral

• $Zoom Communications (ZM.US)$: Daiwa Upgrades to Outperform from Underperform - PT $121 (from $107)

Downgrades

• $American Eagle (AEO.US)$: Morgan Stanley Downgrades to Underweight from Equalweight - PT $8 (from $22)

• $Cheniere Energy Partners LP (CQP.US)$: Wells Fargo Downgrades to Underweight from EqualWeight - PT $55

• $Essex Property Trust Inc (ESS.US)$: BMO Capital Downgrades to Market Perform from Outperform - PT $320

• $JBG SMITH Properties (JBGS.US)$: BMO Capital Downgrades to Market Perform from Outperform - PT $30

• $NetScout Systems (NTCT.US)$: Piper Sandler Downgrades to Underweight from Neutral - PT $33 (from $35)

• $Points International (PCOM.US)$: RBC Capital Downgrades to Sector Perform from Outperform - PT $25

• $Pubmatic (PUBM.US)$: Jefferies Downgrades to Hold from Buy - PT $23 (from $28)

• $NorthWestern (NWE.US)$: BofA Securities Downgrades to Underperform from Neutral - PT $62 (from $61)

• $Steel Dynamics (STLD.US)$: Goldman Sachs Downgrades to Neutral from Buy - PT $92 (from $99)

• $Sunoco (SUN.US)$: Wells Fargo Downgrades to Underweight from EqualWeight - PT $41 (from $46)

Initiated

• $Ads-Tec Energy (ADSE.US)$: Berenberg initiates at Buy - PT $10

• $Bausch + Lomb Corp. (BLCO.US)$: Goldman Sachs initiates at Neutral - PT $22

• $Eastman Chemical (EMN.US)$: Credit Suisse initiates at Outperform - PT $130

• $FMC Corp (FMC.US)$: Credit Suisse initiates at Underperform - PT $109

• $Hyperfine (HYPR.US)$: Evercore ISI initiates at Outperform - PT $7

• $Linde (LIN.US)$: Credit Suisse initiates at Outperform - PT $380

• $Liquidia (LQDA.US)$: BTIG initiates at Buy - PT $14

• $PepGen (PEPG.US)$: Stifel initiates at Buy - PT $24

• $Sherwin-Williams (SHW.US)$: Credit Suisse initiates at Underperform - PT $245

• $Snowflake (SNOW.US)$: BNP Paribas initiates at Sell

• $Workday (WDAY.US)$: BNP Paribas initiates at Neutral

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more

Translate

Report

404K Views

Comment

Moomoo News Official Account

How do analysts evaluate the market?

19KFollowers

46Following

39KVisitors