Research Calls
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Upgrades:
- 3M (MMM) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $150
- Akamai Tech (AKAM) upgraded to Buy from Neutral at Guggenheim; tgt $128
- Alphabet A (GOOGL) upgraded to Buy from Accumulate at Phillip Securities
- BAE Systems (BAESY) upgraded to Buy from Neutral at Citigroup
- Booz Allen Hamilton (BAH) upgraded to Overweight from Equal Weight at Wells Fargo; tgt lowered to $165
- Capital City Bank (CCBG) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $34
- Carrier Global (CARR) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $72
- Edwards Lifesciences (EW) upgraded to Peer Perform from Underperform at Wolfe Research
- Eni S.p.A. (E) upgraded to Outperform from Sector Perform at RBC Capital Mkts
- Northrop Grumman (NOC) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $575
- Olin (OLN) upgraded to Overweight from Neutral at JP Morgan; tgt $55
- Sarepta Therapeutics (SRPT) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt $182
- The Shyft Group (SYHF) upgraded to Buy from Neutral at DA Davidson; tgt raised to $18
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Downgrades:
- 1st Source Corp (SRCE) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $67.50
- Alexandria RE (ARE) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $126
- Amedisys (AMED) downgraded to Hold from Buy at Deutsche Bank; tgt $101
- Bristol-Myers (BMY) downgraded to Equal Weight from Overweight at Barclays; tgt $41
- Carlyle Secured Lending (CGBD) downgraded to Underweight from Neutral at JP Morgan; tgt $17
- Charles Schwab (SCHW) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $64
- Evotec SE (EVO) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $6
- First Commonwealth (FCF) downgraded to Neutral from Buy at Janney; tgt raised to $19
- First Hawaiian (FHB) downgraded to Underweight from Neutral at JP Morgan; tgt $24
- Fortinet (FTNT) downgraded to Neutral from Buy at Guggenheim
- Hugo Boss AG (BOSSY) downgraded to Hold from Buy at Stifel
- Iovance Biotherapeutics (IOVA) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $10
- SLR Capital Partners (SLRC) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $15
- Stellantis (STLA) downgraded to Hold from Buy at Deutsche Bank
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Others:
- Abivax SA (ABVX) initiated with a Buy at Laidlaw; tgt $48
- AerCap (AER) resumed with a Buy at TD Cowen; tgt $125
- Air Lease (AL) resumed with a Buy at TD Cowen; tgt raised to $58
- Astria Therapeutics ATXS) initiated with a Buy at TD Cowen; tgt $35
- Fed Agricult Mortg (AGM) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt raised to $215
- Lithium Americas (LAC) initiated with a Neutral at Piper Sandler; tgt $3.90
- Modine Manufacturing (MOD) initiated with an Outperform at William Blair
- Nuwellis (NUWE) initiated with a Buy at ROTH MKM; tgt $17
- Simulations Plus (SLP) initiated with an Overweight at KeyBanc Capital Markets; tgt $47
- Smurfit Westrock plc (SW) resumed with a Hold at Jefferies; tgt $52