Geopolitics Alpha

Warburg Research GmbH upgrades Knorr-Bremse AG - Depositary Receipt to Buy from Hold

Published . Updated .

Fintel reports that on September 18, 2026, WARBURG RESEARCH GMBH upgraded their outlook for Knorr-Bremse AG - Depositary Receipt (OTCPK:KNRRY) (DB:KBXA) from Hold to Buy.This upgrade follows a prior action by WARBURG RESEARCH GMBH on April 8, 2026, when the firm downgraded the co

Directly affected

  • No company is named in this report.

Indirectly affected

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • WFC Wells Fargo

    Bank profits move with lending and interest rates

  • C Citigroup

    Bank profits move with lending and interest rates

  • GS Goldman Sachs

    Bank profits move with lending and interest rates

  • MS Morgan Stanley

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR

    A fund of financial companies

  • KBE SPDR S&P Bank

    A fund of bank stocks

  • KRE SPDR S&P Regional Banking

    Regional banks are sensitive to deposits and rates

  • NDAA NED DAVIS RESEARCH 360 DYNAMIC ALLOCATION ETF

    GA selected NDAA as a RELATED security because its canonical security name directly matches this event's themes: research. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
JPM———————
BAC———————
WFC———————
C———————
GS———————
MS———————
XLF———————
KBE———————
KRE———————
NDAA———————

Fintel reports that on September 18, 2026, WARBURG RESEARCH GMBH upgraded their outlook for Knorr-Bremse AG - Depositary Receipt (OTCPK:KNRRY) (DB:KBXA) from Hold to Buy.This upgrade follows a prior action by WARBURG RESEARCH GMBH on April…

Source: Nasdaq Markets

How far Ned Davis Research 360 Dynamic Allocation Etf (NDAA) has moved since 24 Sep 2026

Since the first closing price after “Warburg Research GmbH upgrades Knorr-Bremse AG - Depositary Receipt to Buy from Hold,” Ned Davis Research 360 Dynamic Allocation Etf (NDAA) is -1.08%. The S&P 500 fund (SPY) is -0.62% over the same days, a -0.46% difference versus the market.

NDAA
SPY

Who gains and who loses around Ned Davis Research 360 Dynamic Allocation Etf (NDAA)

Companies mentioned with this story

  • NDAA Ned Davis Research 360 Dynamic Allocation Etf

    For “Warburg Research GmbH upgrades Knorr-Bremse AG - Depositary Receipt to Buy from Hold,” Ned Davis Research 360 Dynamic Allocation Etf (NDAA) is linked, with no stored direction, medium confidence. Reason on file: GA selected NDAA as a RELATED security because its canonical security name directly matches this event's themes: research. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • TSPA T. Rowe Price US Equity Research ETF

    T. Rowe Price US Equity Research ETF (TSPA) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Warburg Research GmbH upgrades Knorr-Bremse AG - Depositary Receipt to Buy from Hold.” Reason on file: GA selected TSPA as a RELATED security because its canonical security name directly matches this event's themes: research. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Ned Davis Research 360 Dynamic Allocation Etf (NDAA)

“Warburg Research GmbH upgrades Knorr-Bremse AG - Depositary Receipt to Buy from Hold” (24 Sep 2026) reaches Ned Davis Research 360 Dynamic Allocation Etf (NDAA) through this story.

For Ned Davis Research 360 Dynamic Allocation Etf (NDAA), the reason on file says GA selected NDAA as a RELATED security because its canonical security name directly matches this event's themes: research. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, T. Rowe Price US Equity Research ETF (TSPA), is listed for a different reason: GA selected TSPA as a RELATED security because its canonical security name directly matches this event's themes: research. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Ned Davis Research 360 Dynamic Allocation Etf (NDAA)

NDAA traded between 23.81 and 24.14 across 11 sessions. The latest close on file is 23.88. TSPA traded between 47.99 and 49.52 across 20 sessions. The latest close on file is 48.33.

What the saved facts support for Ned Davis Research 360 Dynamic Allocation Etf (NDAA)

21 out of 100

“Warburg Research GmbH upgrades Knorr-Bremse AG - Depositary Receipt to Buy from Hold” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.