Research Calls
- Upgrades:
- American Homes 4 Rent (AMH) upgraded to Outperform from In-line at Evercore ISI; tgt $36
- AvalonBay (AVB) upgraded to Outperform from In-line at Evercore ISI; tgt $194
- Catalent (CTLT) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $88
- Emergent BioSolutions (EBS) upgraded to Buy from Hold at The Benchmark Company; tgt $22
- Kemper (KMPR) upgraded to Outperform from Neutral at Credit Suisse; tgt raised to $78
- McDonald's (MCD) upgraded to Buy from Neutral at Northcoast; tgt $321
- NetApp (NTAP) upgraded to Buy from Hold at Stifel; tgt $75
- Northern Trust (NTRS) upgraded to Neutral from Underweight at JP Morgan; tgt lowered to $96.50
- SiteOne Landscape Supply (SITE) upgraded to Buy from Hold at Loop Capital; tgt $155
- Sociedad Quimica y Minera (SQM) upgraded to Neutral from Underperform at BofA Securities; tgt lowered to $85
- TFI International (TFII) upgraded to Positive from Neutral at Susquehanna; tgt lowered to $135
- Weyerhaeuser (WY) upgraded to Buy from Neutral at DA Davidson; tgt raised to $35
- Downgrades:
- Block (SQ) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $75
- Cushman & Wakefield (CWK) downgraded to Neutral from Buy at Goldman; tgt lowered to $11
- Essex Property (ESS) downgraded to In-line from Outperform at Evercore ISI; tgt $236
- ICICI Bank (IBN) downgraded to Buy from Conviction Buy at Goldman
- Incyte (INCY) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $79
- Norfolk Southern (NSC) downgraded to Buy from Conviction Buy at Goldman; tgt lowered to $257
- Others:
- Clearwater Analytics (CWAN) initiated with an Outperform at MoffettNathanson; tgt $19.50
- Excelerate Energy (EE) initiated with a Buy at Deutsche Bank; tgt $31
- Fiverr (FVRR) initiated with a Buy at BTIG Research; tgt $50
- GE HealthCare (GEHC) initiated with a Neutral at BTIG Research
- Ingersoll-Rand (IR) placed on 90-Day Upside Catalyst Watch
- New Fortress Energy (NFE) initiated with a Buy at Deutsche Bank; tgt $60
- Rallybio (RLYB) initiated with an Outperform at Wedbush; tgt $17
- Ribbon Communications (RBBN) initiated with a Mkt Outperform at JMP Securities; tgt $6
- Southwestern Energy (SWN) initiated with a Hold at Siebert Williams Shank; tgt $6
- Warner Bros. Discovery (WBD) initiated with a Buy at Truist; tgt $19
- Xometry (XMTR) initiated with a Mkt Outperform at JMP Securities; tgt $20