Stock Ratings Shift: AT&T, Progyny, Floor & Decor Upgraded
Update: 2025-11-12
Description
November twelfth saw significant stock rating shifts for several companies, impacting their market outlook. KeyBanc upgraded AT&T and Progyny to Overweight, anticipating positive catalysts and limited downside risk. Piper Sandler upgraded Floor & Decor, expecting improved comparable sales. Guggenheim moved Grail to a Buy rating, recognizing its leading cancer detection technology. JPMorgan upgraded Outfront Media, highlighting the resilience of the out-of-home advertising market. However, Raymond James downgraded Bath & Body Works and Brighthouse Financial, while Wolfe Research downgraded Intellia Therapeutics due to safety issues. Northland downgraded QuickLogic following uncertainty around a contract. New coverage saw Barclays initiate Carvana and AutoNation with Overweight ratings, while Canaccord began coverage of Nuvalent with a Buy rating.
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