Research Calls
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Upgrades:
- AvalonBay (AVB) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $191.50
- Bentley Systems (BSY) upgraded to Buy from Neutral at Rosenblatt; tgt raised to $60
- Celanese (CE) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $170
- Fannie Mae (FNMA) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $2
- Fluence (FLNC) upgraded to Positive from Neutral at Susquehanna; tgt $24
- Freddie Mac (FMCC) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $2.50
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Downgrades:
- Agilon Health (AGL) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $6.50
- Agilon Health (AGL) downgraded to Hold from Buy at Jefferies; tgt lowered to $6.50
- CareMax (CMX) downgraded to Hold from Buy at Jefferies; tgt raised to $7.50
- Cogent Biosciences (COGT) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $8
- Deutsche Lufthansa AG (DLAKY) downgraded to Equal Weight from Overweight at Barclays
- FEMSA (FMX) downgraded to Neutral from Buy at BofA Securities
- FTAI Aviation Ltd. (FTAI) downgraded to Hold from Buy at Stifel; tgt raised to $59
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Others:
- Accolade (ACCD) initiated with an Outperform at Leerink Partners; tgt $16
- Align Tech (ALGN) initiated with a Market Perform at Leerink Partners; tgt $310
- American Eagle (AEO) added to JP Morgan's Positive Catalyst Watch List
- Amer Sports (AS) initiated with a Buy at Deutsche Bank; tgt $20
- Amer Sports (AS) initiated with an Equal-Weight at Morgan Stanley; tgt $16
- Amer Sports (AS) initiated with a Hold at HSBC Securities; tgt $16
- Amer Sports (AS) initiated with an Overweight at Wells Fargo; tgt $19
- Amer Sports (AS) initiated with a Buy at UBS; tgt $23
- Amer Sports (AS) initiated with a Buy at Goldman; tgt $21
- Amer Sports (AS) initiated with an Outperform at Evercore ISI; tgt $21
- Amer Sports (AS) initiated with an Outperform at Robert W. Baird; tgt $20
- Amer Sports (AS) initiated with an Overweight at JP Morgan; tgt $19
- Amer Sports (AS) initiated with a Buy at Citigroup; tgt $19
- Amer Sports (AS) initiated with a Buy at BofA Securities; tgt $18
- Amer Sports (AS) initiated with a Outperform at Bernstein; tgt $18.50
- Asana (ASAN) initiated with a Buy at BofA Securities; tgt $25
- Astrana Health (ASTH, formerly Apollo Medical (AMEH) initiated with a Buy at Jefferies; tgt $50
- Cardinal Health (CAH) initiated with an Outperform at Leerink Partners; tgt $125
- Cencora (COR, formerly AmerisourceBergen (ABC) initiated with an Outperform at Leerink Partners; tgt $261
- Certara (CERT) initiated with a Market Perform at Leerink Partners; tgt $19
- Doximity (DOCS) initiated with a Market Perform at Leerink Partners; tgt $32
- Drilling Tools International (DTI) initiated with a Hold at Jefferies; tgt $3
- HF Sinclair (DINO) resumed with an Equal Weight at Barclays; tgt $60
- Leonardo DRS (DRS) initiated with a Neutral at JP Morgan; tgt $23
- Quest Diagnostics (DGX) initiated with a Market Perform at Leerink Partners; tgt $135