Research Calls
- Upgrades:
- Avis Budget (CAR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $263
- Chevron (CVX) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $170
- Q2 Holdings (QTWO) upgraded to Buy from Neutral at BTIG Research; tgt $36
- Xylem (XYL) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $135
- Downgrades:
- Ambarella (AMBA) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- BRF SA (BRFS) downgraded to Sell from Neutral at Goldman
- PDC Energy (PDCE) downgraded to Neutral from Buy at Seaport Research Partners
- Others:
- America Movil SA (AMX) initiated with a Neutral at Goldman; tgt $24
- argenx (ARGX) initiated with a Buy at UBS; tgt $480
- Cedar Fair (FUN) initiated with a Buy at Goldman; tgt $50
- Colliers (CIGI) initiated with an Outperform at RBC Capital Mkts; tgt $128
- Five9 (FIVN) initiated with a Buy at Mizuho; tgt $100
- Genmab (GMAB) initiated with a Neutral at UBS
- Inventiva (IVA) initiated with a Buy at ROTH MKM; tgt $11
- Liberty Latin America (LILA) initiated with a Buy at Goldman; tgt $10
- MasterCraft (MCFT) initiated with a Neutral at DA Davidson; tgt $29
- MDxHealth SA (MDXH) initiated with an Outperform at TD Cowen; tgt $7
- MorphoSys (MOR) initiated with a Buy at UBS
- Nevro (NVRO) initiated with an Outperform at RBC Capital Mkts; tgt $40
- NICE (NICE) initiated with a Buy at Mizuho; tgt $244
- PROCEPT BioRobotics (PRCT) initiated with an Outperform at William Blair
- Qualys (QLYS) initiated with an Outperform at William Blair
- SeaWorld Entertainment (SEAS) initiated with a Buy at Goldman; tgt $75
- Six Flags (SIX) initiated with a Sell at Goldman; tgt $26
- Telefonica Brasil (VIV) initiated with a Buy at Goldman; tgt $10
- TelevisaUnivision (TV) initiated with a Buy at Goldman; tgt $6.10
- Terns Pharmaceuticals (TERN) initiated with a Buy at ROTH MKM; tgt $23
- TIM S.A. (TIMB) initiated with a Neutral at Goldman; tgt $15
- Viking Therapeutics (VKTX) assumed with a Buy at ROTH MKM; tgt $32