>>> US Research Calls

Research Calls
  • Upgrades
    • Banco de Sabadell (BNDSF) upgraded to Overweight from Equal-Weight at Morgan Stanley
    • Cohu (COHU) upgraded to Buy from Hold at Stifel; tgt raised to $22
    • CyrusOne (CONE) upgraded to Buy from Hold at Berenberg; tgt raised to $69
    • Computer Programs (CPSI) upgraded to Outperform from Market Perform at Wells Fargo
    • Duluth Trading Co (DLTH) upgraded to Outperform from Neutral at Robert W. Baird; tgt $22
    • NIC Inc (EGOV) upgraded to Buy from Hold at Loop Capital
    • GW Pharma (GWPH) upgraded to Outperform from Perform at Oppenheimer
    • Itron (ITRI) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $62
    • lululemon athletica (LULU) upgraded to Neutral from Underperform at Macquarie
    • Lamb Weston (LW) upgraded to Buy from Neutral at BofA/Merrill; tgt $85
    • Norbord (OSB) upgraded to Neutral from Sector Underperform at CIBC
    • Oceaneering Intl (OII) upgraded to Buy from Neutral at Seaport Global Securities; tgt $23
    • SBM Offshore (SBFFF) upgraded to Overweight from Equal Weight at Barclays
    • Sinclair Broadcast (SBGI) upgraded to Outperform from In-line at Evercore ISI
    • SolarEdge Technologies (SEDG) upgraded to Mkt Outperform at JMP Securities; tgt $60
    • Texas Roadhouse (TXRH) upgraded to Buy from Neutral at Longbow; tgt $65
    • Veeco Instruments (VECO) upgraded to Buy from Hold at The Benchmark Company; tgt $15
    • Vivint Solar (VSLR) upgraded to Buy from Neutral at Citigroup; tgt raised to $8.50
    • Welltower (WELL) upgraded to Outperform from Market Perform at BMO Capital Markets
  • Downgrades
    • Adaptimmune Therapeutics (ADAP) downgraded to Mkt Perform from Outperform at SVB Leerink; tgt lowered to $5
    • Anadarko Petroleum (APC) downgraded to Hold from Buy at Stifel; tgt raised to $76
    • Boeing (BA) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $367
    • Brookfield Property Partners (BPY) downgraded to Outperform from Top Pick at RBC Capital Mkts; tgt $24
    • Discover Financial Services (DFS) downgraded to Perform from Outperform at Oppenheimer
    • Physicians Realty Trust (DOC) downgraded to Market Perform from Outperform at BMO Capital Markets
    • Fastenal (FAST) downgraded to Mkt Perform from Outperform at William Blair
    • Fluor (FLR) downgraded to Neutral from Buy at Goldman; tgt lowered to $28
    • Ferguson plc (FERGY) downgraded to Hold from Buy at Stifel
    • Hudbay Minerals (HBM) downgraded to Neutral at Eight Capital
    • Haier Electronics Group Co Ltd (HRELY) downgraded to Hold from Buy at Deutsche Bank
    • IAMGOLD (IAG) downgraded to Hold from Buy at Canaccord Genuity
    • IAMGOLD (IAG) downgraded to Market Perform from Outperform at BMO Capital Markets
    • Societe Generale (SCGLY) downgraded to Hold from Buy at DZ Bank
    • Gardner Denver (GDI) downgraded to Neutral from Buy at UBS; tgt raised to $38
    • MSC Industrial (MSM) downgraded to Mkt Perform from Outperform at William Blair
    • Wesco (WCC) downgraded to Mkt Perform from Outperform at William Blair
    • Intersect ENT (XENT) downgraded to Mkt Perform from Outperform at SVB Leerink; tgt $29
  • Initiations/resumptions
    • Cumulus Media (CMLS) initiated with a Neutral at B. Riley FBR; tgt $20
    • Jumia (JMIA) initiated with a Hold at Stifel
    • Jumia (JMIA) initiated with a Hold at Berenberg
    • Jumia (JMIA) initiated with a Mkt Perform at Raymond James
    • Pinduoduo (PDD) initiated with a Hold at 86 Research
    • TTM Tech (TTMI) resumed with a Hold at Needham
    • Webster Financial (WBS) initiated with a Buy at Compass Point