Research Calls
- Upgrades:
- Abcam (ABCM) upgraded to Buy from Neutral at BofA Securities; tgt $25
- AutoZone (AZO) upgraded to Buy from Neutral at UBS; tgt raised to $2900
- MorphoSys (MOR) upgraded to Overweight from Underweight at JP Morgan; tgt raised to $10
- West Pharm (WST) upgraded to Buy from Neutral at BofA Securities; tgt raised to $405
- Downgrades:
- Bausch Health (BHC) downgraded to Market Perform from Outperform at TD Cowen
- Evotec SE (EVO) downgraded to Neutral from Buy at BofA Securities; tgt $13
- Mersana Therapeutics (MRSN) downgraded to Neutral from Overweight and removed from Focus List at JP Morgan; tgt lowered to $5
- NexTier Oilfield (NEX) downgraded to Neutral from Buy at Citigroup; tgt raised to $9.75
- RPC (RES) downgraded to Sell from Neutral at Citigroup; tgt lowered to $7
- SoFi Technologies (SOFI) downgraded to Neutral from Buy at BofA Securities; tgt raised to $10
- SoFi Technologies (SOFI) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $8
- Others:
- Alliant Energy (LNT) initiated with a Neutral at Ladenburg Thalmann; tgt $52.50
- Atlanticus (ATLC) initiated with a Buy at Jefferies; tgt $50
- Bio-Rad Labs (BIO) initiated with an Overweight at Wells Fargo; tgt $550
- Elastic (ESTC) initiated with a Neutral at DA Davidson; tgt $60
- GigaCloud Technology Inc. (GCT) initiated with a Buy at ROTH MKM; tgt $13
- Guess? (GES) initiated with a Neutral at UBS; tgt $22
- Hagerty (HGTY) initiated with a Hold at Truist; tgt $11
- Lending Club (LC) initiated with a Buy at Jefferies; tgt $13.
- Lightspeed (LSPD) assumed with a Buy at BTIG Research; tgt $20
- MorphoSys (MOR) initiated with an Overweight at Wells Fargo; tgt $17
- Neogen (NEOG) initiated with an Overweight at Wells Fargo
- Olo Inc. (OLO) initiated with a Neutral at BTIG Research
- Oxford Industries (OXM) initiated with a Neutral at UBS; tgt $110
- Pacific City Financial (PCB) assumed with a Neutral at Piper Sandler; tgt $17
- PAR Technology (PAR) assumed with a Neutral at BTIG Research
- Shift4 Payments (FOUR) initiated with a Buy at BTIG Research; tgt $83
- Toast (TOST) initiated with a Neutral at BTIG Research