Research Calls
-
Upgrades:
- Adtalem Global Education (ATGE) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $55
- Bristol-Myers (BMY) upgraded to Hold from Reduce at HSBC Securities; tgt lowered to $53
- Compania Cervecerias Unidas (CCU) upgraded to Buy from Hold at HSBC Securities; tgt lowered to $15
- EastGroup (EGP) upgraded to Outperform from Mkt Perform at Raymond James; tgt $180
- Intel (INTC) upgraded to Hold from Reduce at HSBC Securities; tgt raised to $33
- Merck (MRK) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt $132
- Old Dominion (ODFL) upgraded to Buy from Hold at Stifel; tgt $416
- Origin Bancorp (OBK) upgraded to Outperform from Mkt Perform at Raymond James; tgt $33
- ResMed (RMD) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt lowered to $169
- Rivian Automotive (RIVN) upgraded to Overweight from Neutral at Cantor Fitzgerald; tgt $29
- Roblox (RBLX) upgraded to Buy from Hold at Truist; tgt raised to $37
- Varonis Systems (VRNS) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $35
- Yelp (YELP) upgraded to Neutral from Underweight at JP Morgan; tgt $39
-
Downgrades:
- Bristol-Myers (BMY) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt $60
- Bristol-Myers (BMY) downgraded to Mkt Perform from Outperform at William Blair
- Compania Cervecerias Unidas (CCU) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $11.70
- Datadog (DDOG) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $95
- Dow (DOW) downgraded to Hold from Buy at Argus
- Enphase Energy (ENPH) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $75
- Frontier Group Holdings (ULCC) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $5
- Hasbro (HAS) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $53
- Hershey Foods (HSY) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $200
- Hub Group (HUBG) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $84
- PTC Therapeutics (PTCT) downgraded to Sell from Neutral at Citigroup; tgt lowered to $17
- Regions Fincl (RF) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $16.50
- Southwest Air (LUV) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $20
- The Shyft Group (SHYF) downgraded to Neutral from Buy at BTIG Research
- Tronox (TROX) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $11
-
Others:
- DraftKings (DKNG) placed on 30-day positive catalyst watch at Citigroup; tgt $41
- Griffon (GFF) initiated with a Buy at Deutsche Bank; tgt $65
- IdaCorp (IDA) initiated with a Buy at Guggenheim; tgt $104
- Inventiva (IVA) initiated with a Buy at Canaccord Genuity; tgt $12
- Roblox (RBLX) initiated with a Strong Buy at Raymond James; tgt $41
- TKO Group Holdings (TKO) initiated with an Overweight at JP Morgan; tgt $100