Research Calls
- Upgrades:
- ASML (ASML) upgraded to Buy from Neutral at UBS
- PayPal (PYPL) upgraded to Buy from Neutral at BofA Securities; tgt raised to $114
- Rocket Lab USA (RKLB) upgraded to Outperform from Market Perform at Cowen; tgt raised to $8
- Downgrades:
- Ambarella (AMBA) downgraded to Hold from Buy at Summit Insights
- Paysafe (PSFE) downgraded to Neutral from Positive at Susquehanna; tgt lowered to $2
- Pt Sarana Menara Nusantara, Tbk (SMNUF) downgraded to Neutral from Buy at Citigroup
- Redwood Trust (RWT) downgraded to Neutral from Buy at BTIG Research
- Robinhood Markets (HOOD) downgraded to Underweight from Equal Weight at Barclays; tgt $10
- Snap (SNAP) downgraded to Neutral from Buy at Citigroup; tgt lowered to $10
- Others:
- Apollo Global Management (APO) initiated with an Overweight at Barclays; tgt $70
- Ares Management (ARES) initiated with an Overweight at Barclays; tgt $92
- Bicycle Therapeutics (BCYC) initiated with an Outperform at Cowen
- Blackstone (BX) initiated with an Overweight at Barclays; tgt $120
- Charles Schwab (SCHW) initiated with an Equal Weight at Barclays; tgt $81
- Coinbase Global (COIN) initiated with an Equal Weight at Barclays; tgt $80
- Interactive Brokers (IBKR) initiated with an Overweight at Barclays; tgt $77
- Landstar System (LSTR) initiated with a Hold at The Benchmark Company
- LSB Industries (LXU) initiated with a Buy at UBS; tgt $20
- P10, Inc. (PX) initiated with an Overweight at Barclays; tgt $15
- Satsuma Pharmaceuticals (STSA) initiated with a Buy at Ladenburg Thalmann; tgt $16
- Shattuck Labs (STTK) initiated with a Buy at BTIG Research; tgt $12
- Shore Bancshares (SHBI) initiated with a Neutral at Janney
- Signify Health (SGFY) initiated with a Buy at BTIG Research; tgt $35
- StepStone Group (STEP) initiated with an Equal Weight at Barclays; tgt $33
- T-Mobile US (TMUS) named Catalyst Driven Idea at Morgan Stanley
- Welltower (WELL) resumed with an Overweight at Morgan Stanley; tgt $90