Research Calls
- Upgrades:
- American Water Works (AWK) upgraded to Buy from Hold at HSBC Securities; tgt $182
- Arcos Dorados (ARCO) upgraded to Outperform from Neutral at Credit Suisse; tgt $9.50
- Fluor (FLR) upgraded to Outperform from Neutral at Robert W. Baird; tgt lowered to $29
- Intel (INTC) upgraded to Mkt Perform from Underperform at Raymond James
- New York Mortgage Trust (NYMT) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $4.50
- Olaplex (OLPX) upgraded to Buy from Hold at Jefferies; tgt $25
- Palo Alto Networks (PANW) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $620
- Similarweb (SMWB) upgraded to Overweight from Equal Weight at Barclays; tgt $22
- Sunoco LP (SUN) upgraded to Buy from Neutral at Citigroup; tgt $49
- Downgrades:
- Altice USA (ATUS) downgraded to Hold from Buy at Societe Generale; tgt $12
- DoubleVerify (DV) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $32
- MediaAlpha (MAX) downgraded to Neutral from Buy at Citigroup; tgt lowered to $14
- NOV Inc. (NOV) downgraded to Sell from Neutral at Goldman; tgt $16
- Rackspace Technology (RXT) downgraded to Hold from Buy at Deutsche Bank; tgt $9
- Rackspace Technology (RXT) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $10.50
- TransUnion (TRU) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $102
- Others:
- DoubleVerify (DV) initiated with an Outperform at BMO Capital Markets; tgt $37
- First Horizon (FHN) initiated with an Outperform at Wedbush; tgt $22
- Ginkgo Bioworks (DNA) initiated with a Neutral at Goldman; tgt $7
- MKS Instruments (MKSI) initiated with a Buy at Loop Capital; tgt $200
- Obsidian Energy (OBE) initiated with a Buy at Stifel