Research Calls
- Upgrades:
- Church & Dwight (CHD) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt $82
- Clorox (CLX) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt $130
- Cloudflare (NET) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $65
- First Republic Bank (FRC) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $143
- FirstCash (FCFS) upgraded to Neutral from Underperform at Credit Suisse; tgt raised to $88
- Prologis (PLD) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt lowered to $116
- Radian Group (RDN) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt lowered to $25
- Downgrades:
- Albertsons (ACI) downgraded to Neutral from Buy at Guggenheim
- Edgewell Personal Care (EPC) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $36
- Ero Copper (ERO) downgraded to Equal Weight from Overweight at Barclays
- Fox Corporation (FOXA) downgraded to Hold from Buy at Loop Capital; tgt lowered to $34
- Fox Corporation (FOXA) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $36
- Hims & Hers Health (HIMS) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $6
- Hudbay Minerals (HBM) downgraded to Equal Weight from Overweight at Barclays
- Kroger (KR) downgraded to Neutral from Buy at Northcoast
- Lloyds Banking (LYG) downgraded to Equal-Weight from Overweight at Morgan Stanley
- News Corp. (NWSA) downgraded to Hold from Buy at Loop Capital; tgt lowered to $17
- NMI Hldgs (NMIH) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $23
- Opendoor Technologies (OPEN) downgraded to Sell from Neutral at Goldman; tgt lowered to $2
- Terreno Realty (TRNO) downgraded to Sector Perform from Sector Outperform at Scotiabank; tgt lowered to $54
- Westlake Corporation (WLK) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $95
- XPO Logistics (XPO) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $50
- Others:
- Aehr Test Systems (AEHR) initiated with an Outperform at William Blair
- Applied Materials (AMAT) initiated with a Mkt Perform at William Blair
- Ashland (ASH) named Catalyst Call Buy Idea at Deutsche Bank
- Avient (AVNT) initiated with a Buy at Deutsche Bank; tgt $40
- CDW (CDW) placed on Tactical Outperform List at Evercore ISI
- Coherent (COHR) initiated with a Mkt Perform at William Blair
- CTI BioPharma (CTIC) initiated with an Outperform at SVB Leerink; tgt $13
- Digital Turbine (APPS) initiated with a Buy at BofA Securities; tgt $24
- IGM Biosciences (IGMS) initiated with a Neutral at JP Morgan; tgt $27
- Livent (LTHM) initiated with a Neutral at JP Morgan; tgt $28
- Loop Media (LPTV) initiated with a Buy at ROTH Capital; tgt $6.50
- Lyell Immunopharma (LYEL) initiated with a Buy at H.C. Wainwright; tgt $12
- ON Semiconductor (ON) initiated with an Outperform at William Blair
- Orocobre (OROCF) initiated with a Sector Perform at RBC Capital Mkts
- Prologis (PLD) resumed with an Overweight at Morgan Stanley; tgt $120
- PPG Industries (PPG) initiated with an Overweight at KeyBanc Capital Markets; tgt $127
- Proterra (PTRA) initiated with a Buy at BTIG Research; tgt $7
- Sensata Tech (ST) placed on Tactical Outperform List at Evercore ISI; tgt $46
- STMicroelectronics (STM) initiated with a Mkt Perform at William Blair
- Sunnova Energy (NOVA) initiated with a Positive at Susquehanna; tgt $38
- SunPower (SPWR) initiated with a Positive at Susquehanna; tgt $25
- TPG Inc. (TPG) initiated with a Hold at Jefferies; tgt $30
- Wolfspeed (WOLF) initiated with an Outperform at William Blair