Research Calls
- Upgrades:
- Baidu (BIDU) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $200
- Futu Holdings (FUTU) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $62
- Futu Holdings (FUTU) upgraded to Underperform from Sell at CLSA; tgt raised to $46
- Downgrades:
- Bed Bath & Beyond (BBBY) downgraded to Underperform from Mkt Perform at Raymond James
- Compagnie Financiere Richemont (CFRUY) downgraded to Hold from Buy at HSBC Securities
- Electrolux (ELUXY) downgraded to Underweight from Neutral at JP Morgan
- GEA Group (GEAGY) downgraded to Underweight from Neutral at JP Morgan
- GitLab (GTLB) downgraded to Neutral from Overweight at JP Morgan; tgt $63
- Hermes (HESAY) downgraded to Hold from Buy at HSBC Securities
- HP Inc. (HPQ) downgraded to Hold from Buy at Loop Capital; tgt lowered to $29
- LVMH (LVMUY) downgraded to Hold from Buy at HSBC Securities
- Molson Coors Brewing (TAP) downgraded to Sell from Buy at Bryan Garnier; tgt $54
- Seagate Tech (STX) downgraded to Hold from Buy at The Benchmark Company
- Semtech (SMTC) downgraded to Market Perform from Outperform at Cowen; tgt lowered to $43
- Swatch (SWGAY) downgraded to Hold from Buy at HSBC Securities
- VNET Group (VNET) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $5.90
- Western Digital (WDC) downgraded to Sell from Hold at The Benchmark Company; tgt $34
- Others:
- AerSale (ASLE) initiated with a Buy at Stifel; tgt $23
- AnaptysBio (ANAB) initiated with an Outperform at Raymond James; tgt $35
- Appian (APPN) initiated with a Neutral at Citigroup; tgt $55
- Asana (ASAN) initiated with a Neutral at Citigroup; tgt $23
- Aviat Networks (AVNW) initiated with a Mkt Outperform at JMP Securities; tgt $50
- BlackLine (BL) initiated with a Neutral at Citigroup; tgt $73
- Box (BOX) initiated with a Buy at Citigroup; tgt $34
- Ceridian HCM (CDAY) initiated with a Buy at Citigroup; tgt $73
- CTI BioPharma (CTIC) initiated with a Buy at Jefferies; tgt $13
- Coupa Software (COUP) initiated with a Buy at Citigroup; tgt $77
- D-Wave Quantum (QBTS) initiated with a Buy at WestPark Capital; tgt $13
- Datadog (DDOG) initiated with a Buy at BofA Securities; tgt $135
- Dropbox (DBX) initiated with a Neutral at Citigroup; tgt $24
- Expensify (EXFY) assumed with a Buy at Citigroup; tgt lowered to $25
- HomeTrust Bank (HTBI) initiated with an Outperform at Raymond James; tgt $30
- Instructure (INST) initiated with a Buy at Citigroup; tgt $30
- Intellia Therapeutics (NTLA) initiated with a Sell at Citigroup; tgt $50
- Intuit (INTU) initiated with a Buy at Citigroup; tgt $538
- Midland States Bancorp (MSBI) initiated with a Mkt Perform at Raymond James
- Mirum Pharmaceuticals (MIRM) initiated with a Buy at Citigroup; tgt $38
- Monday.com (MNDY) initiated with a Buy at Citigroup; tgt $156
- Open Text (OTEX) initiated with a Neutral at Citigroup; tgt $34
- Paycom Software (PAYC) initiated with a Buy at Citigroup; tgt $457
- Paycor (PYCR) initiated with a Neutral at Citigroup; tgt $30
- Paylocity (PCTY) initiated with a Neutral at Citigroup; tgt $294
- Pegasystems (PEGA) initiated with a Neutral at Citigroup; tgt $39
- Pliant Therapeutics (PLRX) initiated with a Buy at Citigroup; tgt $36
- PTC Therapeutics (PTCT) initiated with a Buy at Citigroup; tgt $70
- Smartsheet (SMAR) assumed with a Neutral at Citigroup; tgt lowered to $40
- Vertex (VERX) initiated with a Neutral at Citigroup; tgt $15
- Workday (WDAY) initiated with a Neutral at Citigroup; tgt $186
- Workiva (WK) initiated with a Buy at Citigroup; tgt $86