>>> US Research Calls

Research Calls
  • Upgrades:
    • Boeing (BA) upgraded to Conviction Buy from Buy at Goldman; tgt $258
    • Cemig (CIG) upgraded to Buy from Hold at HSBC Securities; tgt $2.90
    • Cirrus Logic (CRUS) upgraded to Buy from Hold at Loop Capital; tgt raised to $100
    • Ford Motor (F) upgraded to Overweight from Equal Weight at Barclays; tgt $14
    • JD.com (JD) upgraded to Buy from Neutral at UBS; tgt lowered to $39
    • NRG Energy (NRG) upgraded to Buy from Neutral at Guggenheim; tgt $50
    • Progressive (PGR) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $160
    • Saia (SAIA) upgraded to Buy from Hold at Stifel; tgt raised to $425
    • Shopify (SHOP) upgraded to Neutral from Underperform at Exane BNP Paribas; tgt $50
    • Simon Properties (SPG) upgraded to Conviction Buy from Buy at Goldman; tgt $144
    • Stellantis (STLA) upgraded to Outperform from Mkt Perform at Bernstein; tgt raised to $26.40
    • STMicroelectronics (STM) upgraded to Overweight from Equal-Weight at Morgan Stanley
  • Downgrades:
    • BP (BP) downgraded to Underweight from Neutral at JP Morgan
    • Paycom Software (PAYC) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $175
    • Paycom Software (PAYC) downgraded to Hold from Buy at Stifel; tgt lowered to $160
    • Paycom Software (PAYC) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $202
    • Paycom Software (PAYC) downgraded to Neutral from Buy at Citigroup; tgt lowered to $189
    • Paycom Software (PAYC) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $185
    • Paycom Software (PAYC) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Stevanato Group S.p.A. (STVN) downgraded to Hold from Buy at Jefferies; tgt lowered to $29
    • UFP Industries (UFPI) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $106
    • Xponential Fitness (XPOF) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $16
    • ZoomInfo (ZI) downgraded to Neutral from Buy at Goldman; tgt lowered to $17
  • Others:
    • British American Tobacco (BTI) initiated with an Overweight at Morgan Stanley; tgt $38
    • Credit Acceptance Corp. (CACC) initiated with an Underperform at TD Cowen; tgt $360
    • Discover Financial Services (DFS) initiated with an Outperform and named a Top Pick at TD Cowen; tgt $100
    • Haleon plc (HLN) initiated with an Overweight at Morgan Stanley; tgt $9
    • OneMain Holdings (OMF) initiated with an Outperform at TD Cowen; tgt $43
    • Polestar Automotive Holding UK PLC (PSNY) initiated with an Overweight at Piper Sandler; tgt $3
    • REGENXBIO (RGNX) initiated with a Buy at Stifel; tgt $35
    • Sallie Mae (SLM) initiated with an Outperform at TD Cowen; tgt $17.50
    • SeaWorld Entertainment (SEAS) assumed with a Neutral at JP Morgan; tgt lowered to $57
    • Six Flags (SIX) initiated with an Underweight at JP Morgan; tgt $16
    • Synchrony Financial (SYF) initiated with an Outperform at TD Cowen; tgt $34
    • VinFast Auto (VFS) initiated with an Overweight at Cantor Fitzgerald; tgt $7