Research Calls
- Upgrades:
- Banco Santander (SAN) upgraded to Outperform from Neutral at Exane BNP Paribas
- DoubleVerify (DV) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $30
- Enphase Energy (ENPH) upgraded to Positive from Neutral at Susquehanna; tgt $275
- Knight-Swift (KNX) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $65
- Krispy Kreme, Inc. (DNUT) upgraded to Buy from Hold at Truist; tgt raised to $20
- Meta Platforms (META) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $240
- NIKE (NKE) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $154
- PulteGroup (PHM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $64
- Rentokil (RTO) upgraded to Neutral from Underperform at Exane BNP Paribas
- Roper (ROP) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $420
- Ross Stores (ROST) upgraded to Buy from Hold at Loop Capital; tgt raised to $115
- Semtech (SMTC) upgraded to Buy from Neutral at B. Riley Securities; tgt raised to $52
- So-Young International (SY) upgraded to Buy from Neutral at Citigroup; tgt raised to $3
- Spotify (SPOT) upgraded to Buy from Neutral at Guggenheim; tgt raised to $155
- Transocean (RIG) upgraded to Buy from Neutral at Compass Point; tgt $7.50
- Warner Music Group (WMG) upgraded to Buy from Neutral at Guggenheim; tgt raised to $36
- Downgrades:
- Altimmune (ALT) downgraded to Neutral from Buy at Goldman; tgt lowered to $6
- Antero Resources (AR) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $28
- Apple Hospitality REIT (APLE) downgraded to Neutral from Buy at Compass Point; tgt lowered to $17
- Con Edison ((ED) upgraded to Buy from Hold at Argus; tgt $104
- Cyxtera Technologies (CYXT) downgraded to Mkt Perform from Outperform at Raymond James
- D.R. Horton (DHI) downgraded to Peer Perform from Outperform at Wolfe Research
- Host Hotels (HST) downgraded to Neutral from Buy at Compass Point; tgt lowered to $18
- Invitation Homes (INVH) downgraded to Neutral from Buy at Mizuho; tgt lowered to $32
- Luminar Technologies (LAZR) downgraded to Sell from Neutral at Goldman; tgt $5
- Sunstone Hotel (SHO) downgraded to Sell from Neutral at Compass Point; tgt lowered to $9
- Wipro (WIT) downgraded to Underperform from Mkt Perform at Bernstein; tgt lowered to $3.90
- Others:
- Academy Sports + Outdoors (ASO) initiated with an Outperform at Robert W. Baird; tgt $80
- ChargePoint (CHPT) resumed with a Neutral at Goldman; tgt $10
- EPR Properties (EPR) initiated with a Mkt Perform at JMP Securities
- Live Nation (LYV) initiated with a Neutral at ROTH MKM
- MoonLake Immunotherapeutics (MLTX) initiated with an Outperform at Wedbush; tgt $33
- New York Community (NYCB) resumed with a Strong Buy at Raymond James; tgt $13
- Open Text (OTEX) resumed with an Equal Weight at Barclays; tgt $41
- Procore Technologies (PCOR) initiated with a Buy at DA Davidson; tgt $72
- Tricon Residential (TCN) initiated with a Buy at Mizuho; tgt $9
- Verrica Pharmaceuticals (VRCA) initiated with a Buy at Jefferies; tgt $10