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Top upgrades and downgrades on 7/28: QCOM, VZ, TMUS, SHOP and more

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Analysts Notebookwrote a column07/28/2022 19:41
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Upgrades
$Credit Suisse(CS.US)$ : BofA Securities Upgrades to Neutral from Underperform
$New Oriental(EDU.US)$ : Macquarie Upgrades to Outperform from Neutral
$Enphase Energy(ENPH.US)$ : Credit Suisse Upgrades to Outperform from Neutral - PT $281 (from $174)
$Equinix Inc(EQIX.US)$ : Oppenheimer Upgrades to Outperform from Perform - PT $750
$The Kraft Heinz(KHC.US)$ : Goldman Sachs Upgrades to Neutral from Sell - PT $37
$Qualcomm(QCOM.US)$ : Edward Jones Upgrades to Buy from Hold
$Stryker Corp(SYK.US)$ : Edward Jones Upgrades to Buy from Hold
$T-Mobile US(TMUS.US)$ : Scotiabank Upgrades to Outperform from Sector Perform - PT $167 (from $153)
Downgrades
$Align Technology(ALGN.US)$ : Goldman Sachs Downgrades to Sell from Buy - PT $250 (from $380)
$Best Buy(BBY.US)$ : Jefferies Downgrades to Hold from Buy - PT $71 (from $106)
$Cognizant(CTSH.US)$ : JPMorgan Downgrades to Neutral from Overweight - PT $77 (from $82)
$Shopify(SHOP.US)$ : Piper Sandler Downgrades to Neutral from Overweight - PT $32 (from $38)
$Teladoc Health(TDOC.US)$ : Goldman Sachs Downgrades to Neutral from Buy - PT $36 (from $55)
$TJX Companies(TJX.US)$ : Gordon Haskett Downgrades to Hold from Buy - PT $60 (from $67)
$Verizon(VZ.US)$ : BofA Securities Downgrades to Neutral from Buy - PT $51 (from $64)
Initiated
$Doximity(DOCS.US)$ : Berenberg initiates at Buy - PT $49
$Fate Therapeutics(FATE.US)$ : Needham initiates at Hold
$Opendoor Technologies(OPEN.US)$ : JPMorgan initiates at Overweight - PT $9
$Semtech(SMTC.US)$ : Benchmark initiates at Buy - PT $81
$Shutterstock(SSTK.US)$ : Morgan Stanley initiates at Equalweight - PT $54
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Analysts Notebook
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