Stock Market Moves: Upgrades & Downgrades

Todays stock market news is packed with upgrades and downgrades. Citizens and Barclays boosted Stryker and Cummins, respectively, with Cummins new emissions rules expected to cut R&D costs. Wells Fargo and JPMorgan upgraded Generac and Paccar, capitalizing on growth and new tariff rules. However, Lyft and Lockheed Martin faced downgrades due to autonomous vehicle concerns and lower cash flow estimates. Raymond James moved Allegiant Travel from Strong Buy to Outperform, while Deutsche Bank and Williams Trading downgraded Elevance Health and Birkenstock, respectively. New coverage includes H.C. Wainwrights Neutral rating for Circle Internet, Wells Fargos Overweight rating for Synaptics, and KeyBancs Overweight rating for AeroVironment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.