>>> Research Calls I

Research Calls I
  • Upgrades:
    • 1st Source Corp (SRCE) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $72.50
    • Apple Hospitality REIT (APLE) upgraded to Buy from Neutral at BofA Securities; tgt raised to $17
    • Aptiv (APTV) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $82
    • British American Tobacco (BTI) upgraded to Buy from Neutral at UBS
    • Burke & Herbert Financial Services Corp. (BHRB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt lowered to $76
    • Dana Inc (DAN) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $16
    • Exelixis (EXEL) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $40
    • Interpublic (IPG) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $39
    • Portillo's (PTLO) upgraded to Buy from Hold at Stifel; tgt raised to $16
    • Qorvo (QRVO) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $110
    • Redwire Corporation (RDW) upgraded to Buy from Neutral at B. Riley Securities; tgt raised to $27
    • South State (SSB) upgraded to Buy from Neutral at Citigroup; tgt raised to $128
    • State Street (STT) upgraded to Peer Perform from Underperform at Wolfe Research
    • Take-Two (TTWO) upgraded to Buy from Neutral at UBS; tgt raised to $230
    • Titan Machinery (TITN) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $25
    • Travel + Leisure Co (TNL) upgraded to Buy from Underperform at BofA Securities; tgt raised to $60
    • Twilio (TWLO) upgraded to Buy from Neutral at Goldman; tgt raised to $185
    • Waste Mgmt (WM) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $250
  • Downgrades:
    • Air Products (APD) downgraded to Neutral from Buy at BofA Securities; tgt $350
    • Ameren (AEE) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $95
    • Barrick (GOLD) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $18
    • Bloomin' Brands (BLMN) downgraded to Underperform from Neutral at BofA Securities; tgt $13
    • D.R. Horton (DHI) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $150
    • Fannie Mae (FNMA) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt raised to $4
    • Freddie Mac (FMCC) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt raised to $4.50
    • Intellia Therapeutics (NTLA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $11
    • Public Service (PEG) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $84
    • RingCentral (RNG) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $37
    • RLI Corp (RLI) downgraded to Underperform from Buy at Jefferies; tgt lowered to $61
  • Others:
    • American Tower (AMT) initiated with a Mkt Outperform at JMP Securities; tgt $225
    • Ares Management (ARES) resumed with an Overweight at Barclays; tgt $224
    • Bitdeer Technologies (BTDR) initiated with an Outperform at Keefe Bruyette; tgt $26.50
    • CleanSpark (CLSK) initiated with an Outperform at Keefe Bruyette; tgt $19
    • Core Scientific (CORZ) initiated with an Outperform at Keefe Bruyette; tgt $22
    • Crown Castle (CCI) initiated with a Mkt Outperform at JMP Securities; tgt $115
    • DigitalBridge (DBRG) initiated with a Mkt Outperform at JMP Securities; tgt $16
    • Digital Realty Trust (DLR) initiated with a Mkt Outperform at JMP Securities; tgt $220
    • Equinix (EQIX) initiated with a Mkt Outperform at JMP Securities; tgt $1200
    • GDS Holdings (GDS) initiated with a Mkt Outperform at JMP Securities; tgt $35
    • GFL Environmental (GFL) initiated with a Buy at Citigroup; tgt $53
    • Marvell (MRVL) initiated with a Buy at Melius; tgt $188
    • Palladyne AI (PDYN) initiated with a Buy at Alliance Global Partners; tgt $15
    • Sagimet Biosciences (SGMT) initiated with a Buy at JonesResearch
    • SBA Comm (SBAC) initiated with a Mkt Outperform at JMP Securities; tgt $250
    • Vistra Corp. (VST) resumed with a Neutral at BofA Securities; tgt $206