>>> US Research Calls

Research Calls I
  • Upgrades:
    • Adidas AG (ADDYY) upgraded to Overweight from Underweight at Morgan Stanley
    • BRF SA (BRFS) upgraded to Overweight from Neutral at JP Morgan
    • Churchill Downs (CHDN) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $141
    • Cisco (CSCO) upgraded to Buy from Neutral at BofA Securities; tgt raised to $60
    • Coupang (CPNG) upgraded to Buy from Neutral at Citigroup; tgt raised to $26
    • Extreme Networks (EXTR) upgraded to Buy from Neutral at B. Riley Securities; tgt $14
    • Frontier Communications Parent (FYBR) upgraded to Buy from Neutral at Citigroup; tgt raised to $30
    • Gerdau S.A. (GGB) upgraded to Overweight from Neutral at JP Morgan
    • Integer Holdings (ITGR) upgraded to Buy from Neutral at BofA Securities; tgt raised to $135
  • Downgrades:
    • AvidXchange (AVDX) downgraded to Sell from Neutral at Goldman; tgt lowered to $11.50
    • BASF AG (BASFY) downgraded to Underperform from Neutral at Exane BNP Paribas
    • Brunswick (BC) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt lowered to $82
    • CRH Plc. (CRH) downgraded to Hold from Buy at Stifel; tgt raised to $82
  • Others:
    • 4D Molecular Therapeutics (FDMT) initiated with an Overweight at Barclays; tgt $459
    • AppLovin (APP) initiated with a Neutral at Daiwa Securities; tgt $80
    • Astera Labs (ALAB) initiated with a Buy at Needham; tgt $85
    • Astera Labs (ALAB) initiated with a Buy at Stifel; tgt $81
    • Astera Labs (ALAB) initiated with a Buy at ROTH MKM; tgt $85
    • Astera Labs (ALAB) initiated with an Overweight at JP Morgan; tgt $85
    • Astera Labs (ALAB) initiated with an Overweight at Morgan Stanley; tgt $81
    • Astera Labs (ALAB) initiated with an Overweight at Barclays; tgt $85
    • Astera Labs (ALAB) initiated with a Buy at Deutsche Bank; tgt $85
    • BYD Company (BYDDY) resumed with an Outperform at Macquarie
    • CAVA Group (CAVA) initiated with an Equal Weight at Barclays; tgt $58
    • Coty (COTY) initiated with a Buy at Canaccord Genuity; tgt $14
    • Cullinan Management (CGEM) initiated with an Outperform at William Blair
    • enGene Holdings (ENGN) initiated with a Buy at Guggenheim; tgt $34
    • Citigroup opened 30-day Positive Catalyst Watch on Equifax (EFX)
    • GE Vernova (GEV) initiated with a Buy at Mizuho; tgt $154
    • Hilton Grand Vacations (HGV) initiated with an Overweight at JP Morgan; tgt $59
    • Immunome (IMNM) initiated with a Buy at Guggenheim; tgt $35
    • Janus International Group (JBI) initiated with a Buy at Jefferies; tgt $20