Research Calls
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Upgrades:
- Carlsberg A/S (CABGY) upgraded to Neutral from Sell at UBS
- Cass Information Systems (CASS) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $51
- COPT Defense Properties (CDP) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $28
- Corteva (CTVA) upgraded to Buy from Hold at Loop Capital; tgt raised to $65
- Lincoln National (LNC) upgraded to Hold from Underperform at Jefferies; tgt $2622
- Lowe's (LOW) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $265
- Marqeta (MQ) upgraded to Buy from Neutral at BofA Securities; tgt $7
- Mohawk (MHK) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $152
- Old Republic (ORI) upgraded to Overweight from Neutral at Piper Sandler; tgt $32
- PepsiCo (PEP) upgraded to Buy from Neutral at Citigroup; tgt raised to $195
- Teva Pharma (TEVA) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $19
- United Therapeutics (UTHR) upgraded to Neutral from Sell at Goldman; tgt raised to $215
- Urban Outfitters (URBN) upgraded to Neutral from Sell at UBS; tgt raised to $41
- Viavi (VIAV) upgraded to Buy from Hold at Stifel; tgt raised to $13
- Willis Towers Watson (WTW) upgraded to Buy from Neutral at Citigroup; tgt raised to $315
- Willis Towers Watson (WTW) upgraded to Market Perform from Underperform at BMO Capital Markets; tgt raised to $298
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Downgrades:
- Assurant (AIZ) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt raised to $182
- Big Lots (BIG) downgraded to Sell from Hold at Loop Capital; tgt lowered to $1
- Construction Partners (ROAD) downgraded to Neutral from Outperform at Robert W. Baird; tgt raised to $50
- Duke Energy (DUK) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $96
- Everest Group (EG) downgraded to Neutral from Buy at Citigroup; tgt lowered to $375
- Hershey Foods (HSY) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $183
- Newell Brands (NWL) downgraded to Mkt Perform from Outperform at Raymond James
- Owens Corning (OC) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $160
- Primerica (PRI) downgraded to Mkt Perform from Strong Buy at Raymond James
- Rivian Automotive (RIVN) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $16
- Triumph Financial (TFIN) downgraded to Underweight from Neutral at Piper Sandler; tgt raised to $67
- W.P. Carey (WPC) downgraded to Mkt Perform from Outperform at Raymond James
- XPO, Inc. (XPO) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt raised to $80
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Others:
- Deliveroo plc (DROOF) initiated with a Buy at Deutsche Bank
- Evaxion Biotech (EVAX) initiated with a Buy at H.C. Wainwright; tgt $14
- Palmer Square Capital BDC (PSBD) initiated with a Buy at Citigroup; tgt $17
- Palmer Square Capital BDC (PSBD) initiated with an Outperform at RBC Capital Mkts; tgt $17
- Palmer Square Capital BDC (PSBD) initiated with a Neutral at BofA Securities; tgt $16.50
- Palmer Square Capital BDC (PSBD) initiated with an Overweight at JP Morgan; tgt $17
- Rocket Lab USA (RKLB) resumed with a Buy at Citigroup; tgt $6
- SilverBow Resources (SBOW) initiated with a Buy at ROTH MKM; tgt $41
- Tango Therapeutics (TNGX) initiated with an Overweight at Piper Sandler; tgt $18
- TKO Group Holdings (TKO) initiated with a Buy at Jefferies; tgt $120