Jun. 30 at 2:17 PM
Good morning - futures mostly flat, but plenty of single-name catalyst flow on the tape
$PINE - downgraded to Neutral @ Baird, PT raised
$18 →
$21
$TENB - PT raised
$35 →
$40 @ JPM
$QLYS - upgraded to Neutral @ JPM, PT
$87 →
$139
$PGY - reinstated Buy @ B. Riley, PT
$32
$AVGO -reinstated Buy @ Jefferies, PT
$550
What stands out here is dispersion: upgrades and downgrades are both aggressive, meaning analysts are actively repricing expectations rather than sitting neutral.
$AVGO remains the key institutional anchor in semis, while software/security names like
$TENB and
$QLYS are seeing renewed attention after long consolidation phases.
Flat futures, but plenty of stock-specific volatility setups for traders.