North American Morning Briefing: Stock Futures Lift Ahead of Expected Fed Rate Cut

Dow Jones
18 Dec 2024

Lennar Corp - Class A (LEN,LENB) is expected to report $4.15 for 4Q.

Micron Technology Inc $(MU)$ is expected to report $1.53 for 1Q.

MillerKnoll Inc (MLKN) is expected to report $0.49 for 2Q.

OrganiGram Holdings Inc (OGI,OGI.T) is expected to report for 4Q.

Pure Bioscience Inc (PURE) is expected to report for 1Q.

Raymond James Financial Inc $(RJF)$ is expected to report.

Steelcase Inc $(SCS)$ is expected to report $0.20 for 3Q.

Toro Co $(TTC)$ is expected to report $0.96 for 4Q.

Wall Financial Corp (WFC.T) is expected to report for 3Q.

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ANALYST RATINGS ACTIONS

Agree Realty Cut to Market Perform From Market Outperform by JMP Securities

Albertsons Raised to Outperform From Market Perform by Telsey Advisory Group

Antero Resources Raised to Equal-Weight From Underweight by Wells Fargo

APA Cut to Equal-Weight From Overweight by Wells Fargo

Apellis Pharmaceuticals Cut to Neutral From Buy by Goldman Sachs

AvalonBay Raised to Overweight From Neutral by JP Morgan

Berkshire Hills Bancorp Raised to Buy From Neutral by Seaport Global

Bioventus Raised to Neutral From Underweight by JP Morgan

Boyd Gaming Raised to Buy From Hold by Argus Research

Broadstone Net Lease Raised to Market Outperform From Market Perform by JMP Securities

Camden Property Trust Cut to Underweight From Neutral by JP Morgan

CervoMed Cut to Neutral From Buy by HC Wainwright & Co.

Cloudflare Raised to Buy From Hold by Stifel

Cognizant Tech Solutions Raised to Overweight From Equal-Weight by Barclays

CommScope Holding Cut to Underweight From Equal-Weight by Morgan Stanley

Ecolab Raised to Outperform From Market Perform by BMO Capital

Elme Communities Cut to Neutral From Overweight by JP Morgan

EOG Resources Raised to Overweight From Equal-Weight by Wells Fargo

EPAM Systems Raised to Overweight From Equal-Weight by Barclays

Essex Property Cut to Underweight From Neutral by JP Morgan

Exelixis Cut to Neutral From Buy by B of A Securities

Global Net Lease Raised to Market Outperform From Market Perform by JMP Securities

Honest Cut to Hold From Buy by Loop Capital

Horizon Tech Finance Raised to Neutral From Sell by Compass Point

InnovAge Cut to Underweight From Neutral by JP Morgan

Macerich Raised to Sector Perform From Sector Underperform by Scotiabank

Marqeta Cut to Equal-Weight From Overweight by Barclays

Masco Cut to Equal-Weight From Overweight by Wells Fargo

Match Group Cut to Hold From Buy by Jefferies

MidWestOne Raised to Outperform From Market Perform by Keefe, Bruyette & Woods

Nordson Raised to Buy From Neutral by Seaport Global

Owens Corning Raised to Overweight From Equal-Weight by Wells Fargo

PACS Group Cut to Neutral From Overweight by JP Morgan

Quest Diagnostics Raised to Overweight From Equal-Weight by Morgan Stanley

Rimini Street Raised to Buy From Hold by Craig-Hallum

Shoals Technologies Raised to Overweight From Equal-Weight by Morgan Stanley

Shyft Group Cut to Neutral From Buy by DA Davidson

Tesla Raised to Outperform From Neutral by Mizuho

TransMedics Group Cut to Neutral From Overweight by JP Morgan

Veris Residential Raised to Neutral From Underweight by JP Morgan

VF Corp Raised to Buy From Hold by Argus Research

Viavi Solutions Cut to Underweight From Equal-Weight by Morgan Stanley

Vitesse Energy Raised to Buy From Neutral by Alliance Global Partners

WEX Cut to Equal-Weight From Overweight by Barclays

WillScot Mobile Mini Raised to Overweight From Equal-Weight by Morgan Stanley

Zimmer Biomet Holdings Raised to Overweight From Neutral by JP Morgan

This article is a text version of a Wall Street Journal newsletter published earlier today.

 

(END) Dow Jones Newswires

December 18, 2024 06:11 ET (11:11 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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