Research Calls
- Upgrades:
- Ambarella (AMBA) upgraded to Outperform from In-line at Imperial Capital; tgt $95
- Canadian Nat'l Rail (CNI) upgraded to Outperform from Sector Perform at RBC Capital Mkts
- Columbia Banking (COLB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt lowered to $29
- Columbia Banking (COLB) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $28
- Comerica (CMA) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $57
- FedEx (FDX) upgraded to Outperform from Mkt Perform at Raymond James; tgt $285
- Ferrari (RACE) upgraded to Neutral from Sell at Goldman; tgt raised to $283
- Fifth Third (FITB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt lowered to $34
- Fluence (FLNC) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $25
- Hercules Capital (HTGC) upgraded to Overweight from Neutral at Piper Sandler; tgt $16
- Huntington Banc (HBAN) upgraded to Mkt Perform from Underperform at Keefe Bruyette; tgt lowered to $13
- Leslie's (LESL) upgraded to Buy from Hold at Loop Capital; tgt $16
- Popular (BPOP) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $74
- Pool (POOL) upgraded to Buy from Hold at Loop Capital; tgt raised to $415
- Pure Storage (PSTG) upgraded to Outperform from Neutral at Wedbush; tgt $34
- Wells Fargo (WFC) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $47
- Welltower (WELL) upgraded to Buy from Neutral at Citigroup; tgt raised to $81
- Downgrades:
- Atlantic Union Bankshares (AUB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $36
- Applied Materials (AMAT) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $133
- Comerica (CMA) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $44
- Healthpeak (PEAK) downgraded to Neutral from Buy at Citigroup; tgt $23
- KLA Corporation (KLAC) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $435
- Lumentum (LITE) downgraded to Neutral from Buy at Rosenblatt; tgt lowered to $48
- MercadoLibre (MELI) downgraded to Neutral from Buy at New Street; tgt $1350
- Mosaic (MOS) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $46
- PNC (PNC) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt lowered to $125
- Renasant (RNST) downgraded to Mkt Perform from Outperform at Raymond James
- Stem (STEM) downgraded to Peer Perform from Outperform at Wolfe Research
- Super Micro Computer (SMCI) downgraded to Underperform from Neutral at Wedbush; tgt $65
- Triumph Financial (TFIN) downgraded to Mkt Perform from Outperform at Raymond James
- Trustmark (TRMK) downgraded to Mkt Perform from Outperform at Raymond James
- Others:
- Am Natl Bankshares (AMNB) resumed with a Mkt Perform at Raymond James
- Bioceres (BIOX) initiated with an Outperform at Oppenheimer; tgt $15
- Carter Bank & Trust (CARE) resumed with a Mkt Perform at Raymond James
- Ciena (CIEN) initiated with a Buy at WestPark Capital; tgt $70
- Corteva (CTVA) initiated with a Perform at Oppenheimer
- Datadog (DDOG) initiated with a Neutral at DA Davidson; tgt $70
- Iris Energy (IREN) initiated with a Buy at B. Riley Securities; tgt $4
- Janux Therapeutics (JANX) initiated with an Outperform at Wedbush; tgt $24
- Limoneira (LMNR) initiated with a Buy at B. Riley Securities; tgt $24
- Marqeta (MQ) initiated with a Buy at Deutsche Bank; tgt $7
- New Relic (NEWR) initiated with a Buy at DA Davidson; tgt $100
- Pinterest (PINS) initiated with an Outperform at Raymond James; tgt $33
- Qorvo (QRVO) initiated with a Hold at Stifel; tgt $110
- ServisFirst Bancshares (SFBS) resumed with a Mkt Perform at Raymond James
- Skyworks (SWKS) initiated with a Buy at Stifel; tgt $150
- Textron (TXT) initiated with a Peer Perform at Wolfe Research
- Toast (TOST) initiated with a Hold at Deutsche Bank; tgt $20
- XPO, Inc. (XPO) initiated with an Outperform at BMO Capital Markets; tgt $44