Research Calls
- Upgrades:
- A.O. Smith (AOS) upgraded to Buy from Neutral at Longbow; tgt $71
- Callon Petroleum (CPE) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt $75
- Centennial Resource Development (CDEV) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt $11
- Dun & Bradstreet (DNB) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $17
- Enanta Pharmaceuticals (ENTA) upgraded to Outperform from In-line at Evercore ISI; tgt $62
- Mercer Intl (MERC) upgraded to Outperform from Neutral at Credit Suisse; tgt raised to $19
- Rocket Companies (RKT) upgraded to Overweight from Equal Weight at Wells Fargo; tgt $10
- Sabre (SABR) upgraded to Buy from Underperform at BofA Securities; tgt $10
- Sempra Energy (SRE) upgraded to Buy from Neutral at Goldman; tgt raised to $167
- Downgrades:
- Azul S.A. (AZUL) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $7
- Continental Resources (CLR) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $80
- Coinbase Global (COIN) downgraded to Neutral from Overweight at Atlantic Equities; tgt lowered to $54
- Earthstone Energy (ESTE) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt $21
- EOG Resources (EOG) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt $150
- GOL Linhas Aereas Inteligentes S.A. (GOL) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $4
- Grocery Outlet (GO) downgraded to Neutral from Buy at DA Davidson; tgt raised to $43
- HCA (HCA) downgraded to Underperform from Market Perform at BMO Capital Markets; tgt lowered to $160
- Kornit Digital (KRNT) downgraded to Hold from Buy at Stifel; tgt lowered to $50
- Littelfuse (LFUS) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $269
- McKesson (MCK) downgraded to Hold from Buy at Argus
- Moelis (MC) downgraded to Neutral from Buy at UBS; tgt lowered to $40
- Pioneer Natural Resources (PXD) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt $290
- RingCentral (RNG) downgraded to Hold from Buy at Needham
- SAP SE (SAP) downgraded to Equal Weight from Overweight at Barclays
- Union Pacific (UNP) downgraded to Neutral from Positive at Susquehanna; tgt $235
- Universal Health (UHS) downgraded to Underperform from Market Perform at BMO Capital Markets; tgt lowered to $90
- Others:
- Abbott Labs (ABT) initiated with an Underperform at Wolfe Research; tgt $95
- BHP Group (BHP) assumed with a Neutral at Credit Suisse
- Boston Scientific (BSX) initiated with an Outperform at Wolfe Research; tgt $43
- Definitive Healthcare (DH) initiated with a Buy at Needham; tgt $30
- Fusion Pharmaceuticals (FUSN) initiated with an Outperform at William Blair
- Materion (MTRN) initiated with a Buy at CL King; tgt $95
- Medtronic (MDT) initiated with an Underperform at Wolfe Research; tgt $85
- POINT Biopharma (PNT) initiated with an Outperform at William Blair
- Portman Ridge Finance (PTMN) initiated with a Perform at Oppenheimer; tgt $26
- Rio Tinto (RIO) assumed with an Outperform at Credit Suisse
- Teleflex (TFX) initiated with an Outperform at Wolfe Research; tgt $300