Research Calls
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Upgrades:
- Applied Materials (AMAT) upgraded to Buy from Neutral at Redburn Atlantic; tgt $175
- ASM Intl NV (ASMIY) upgraded to Buy from Neutral at Redburn Atlantic
- Baidu (BIDU) upgraded to Buy from Neutral at Nomura; tgt $145
- Clorox (CLX) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $145
- GoDaddy (GDDY) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $124
- Moog (MOG.A) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $141
- Ovintiv (OVV) upgraded to Buy from Neutral at Citigroup; tgt raised to $52
- Southwestern Energy (SWN) upgraded to Equal Weight from Underweight at Wells Fargo
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Downgrades:
- APA Corp. (APA) downgraded to Neutral from Buy at Citigroup; tgt lowered to $37
- Autodesk (ADSK) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $215
- Foot Locker (FL) downgraded to Sell from Hold at Williams Trading
- HSBC Holdings (HSBC) downgraded to Sector Perform from Outperform at RBC Capital Mkts
- iQIYI (IQ) downgraded to Neutral from Overweight at JP Morgan
- Jacobs Engineering (J) downgraded to Mkt Perform from Outperform at Raymond James
- Reynolds Consumer Products (REYN) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $28
- Virgin Galactic (SPCE) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $1.75
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Others:
- AmBev (ABEV) initiated with a Hold at Jefferies
- American Fincl (AFG) initiated with a Buy at Citigroup; tgt $125
- Arch Capital (ACGL) initiated with a Neutral at Citigroup; tgt $91
- Calidi Biotherapeutics (CLDI) initiated with a Buy at H.C. Wainwright; tgt $11
- Cincinnati Fincl (CINF) initiated with a Neutral at Citigroup; tgt $110
- Compania Cervecerias Unidas (CCU) initiated with a Buy at Jefferies
- Dianthus Therapeutics (DNTH) initiated with an Outperform at Wedbush; tgt $23
- GitLab (GTLB) initiated with an Overweight at Cantor Fitzgerald; tgt $55
- KLA Corporation (KLAC) initiated with a Neutral at Redburn Atlantic; tgt $550
- Lam Research (LRCX) initiated with a Buy at Redburn Atlantic; tgt $800
- Markel Group (MKL) initiated with a Sell at Citigroup; tgt $1275
- RenaissanceRe (RNR) initiated with a Buy at Citigroup; tgt $251
- Saia (SAIA) initiated with a Market Perform at BMO Capital Markets; tgt $450
- TD Synnex (SNX) initiated with a Neutral at UBS; tgt $105