Research Calls
- Upgrades:
- AIA Group (AAGIY) upgraded to Overweight from Neutral at JP Morgan
- Alibaba (BABA) upgraded to Buy from Hold at DZ Bank; tgt $120
- Cogent Communications (CCOI) upgraded to Outperform from Market Perform at TD Cowen
- Despegar.com (DESP) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $13
- DigitalOcean (DOCN) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt lowered to $103
- Henkel AG (HENKY) upgraded to Hold from Sell at Berenberg
- Himax Tech (HIMX) upgraded to Outperform from Neutral at Credit Suisse; tgt $8
- Hubbell (HUBB) upgraded to Peer Perform from Underperform at Wolfe Research
- Pinnacle West (PNW) upgraded to In-line from Underperform at Evercore ISI; tgt $78
- Petrobras (PBR) upgraded to Neutral from Sell at UBS
- Quebecor (QBCRF) upgraded to Buy from Hold at Canaccord Genuity
- Rigetti Computing (RGTI) upgraded to Buy from Hold at The Benchmark Company; tgt $4
- Rivian Automotive (RIVN) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $30
- Sabra Health Care REIT (SBRA) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $14
- Twilio (TWLO) upgraded to Buy from Hold at Argus; tgt $72
- Downgrades:
- Brookfield Corp. (BN) downgraded to Hold from Buy at Canaccord Genuity
- Canadian Tire Corporation (CDNAF) downgraded to Sector Perform from Outperform at National Bank Financial
- Cano Health (CANO) downgraded to Neutral from Buy at Citigroup; tgt lowered to $0.80
- Forward Air (FWRD) downgraded to Hold from Buy at Stifel; tgt lowered to $103
- Forward Air (FWRD) downgraded to Mkt Perform from Strong Buy at Raymond James
- Forward Air (FWRD) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $80
- Heritage Commerce Corp. (HTBK) downgraded to Equal-Weight from Overweight at Stephens; tgt $10
- Kezar Life Sciences (KZR) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $4
- Lucid Group (LCID) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $5
- Medical Properties Trust (MPW) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $8
- Medical Properties Trust (MPW) downgraded to Underperform from Strong Buy at Raymond James
- Olaplex (OLPX) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $3
- Origin Materials (ORGN) downgraded to Hold from Buy at Craig Hallum; tgt $2
- Sealed Air (SEE) downgraded to Neutral from Buy at UBS; tgt $44
- SLR Capital Partners (SLRC) downgraded to Neutral from Buy at Ladenburg Thalmann
- Stanley Black & Decker (SWK) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $94
- Triumph Group (TGI) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $8
- Ventas (VTR) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $48
- Western Midstream (WES) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $30
- Wolverine (WWW) downgraded to Hold from Buy at Williams Trading; tgt lowered to $12
- Wolverine (WWW) downgraded to Neutral from Buy at Seaport Research Partners
- Wolverine (WWW) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $9
- Others:
- Cisco (CSCO) placed on positive catalyst watch at Citigroup
- CymaBay Therapeutics (CBAY) initiated with a Buy at Guggenheim; tgt $20
- Expeditors Intl (EXPD) initiated with an Underweight at JP Morgan; tgt $110
- HCI Group (HCI) initiated with a Mkt Perform at William Blair
- Hippo (HIPO) initiated with a Mkt Perform at William Blair
- Kura Oncology (KURA) initiated with a Buy at BofA Securities; tgt $31
- Madison Square Garden Entertainment (MSGE) initiated with a Neutral at JP Morgan; tgt $38
- MercadoLibre (MELI) resumed with a Buy at William O'Neil
- PROCEPT BioRobotics (PRCT) initiated with an Overweight at Piper Sandler; tgt $42
- Towne Bank (TOWN) initiated with a Market Perform at Hovde Group; tgt $27