Research Calls I
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Upgrades:
- Arthur J. Gallagher (AJG) upgraded to Buy from Neutral at UBS, tgt $250
- Brady (BRC) upgraded to Buy from Neutral at Sidoti, tgt $103
- FuelCell Energy (FCEL) upgraded to Buy from Hold at Canaccord, tgt $30
- Jumia Technologies (JMIA) upgraded to Buy from Sell at Aletheia, tgt $7.50
- PAR Technology (PAR) upgraded to Neutral from Underweight at JPMorgan, tgt $16
- Toll Brothers (TOL) upgraded to Outperform from Market Perform at Keefe Bruyette, tgt $161
- West Pharmaceutical (WST) upgraded to Overweight from Equal Weight at Barclays, tgt $400
- Arthur J. Gallagher (AJG) upgraded to Buy from Neutral at UBS, tgt $250
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Downgrades:
- Equity Residential (EQR) downgraded to Sector Perform from Outperform at RBC Capital, tgt $70
- Ingredion (INGR) downgraded to Perform from Outperform at Oppenheimer
- Lennar (LEN) downgraded to Underperform from Market Perform at Keefe Bruyette, tgt $86
- Equity Residential (EQR) downgraded to Sector Perform from Outperform at RBC Capital, tgt $70
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Others:
- Cerebras Systems (CBRS) initiated with a Buy at Craig-Hallum, tgt $325
- Enliven Therapeutics (ELVN) initiated with a Buy at Stifel, tgt $60
- FrontView REIT (FVR) initiated with a Strong Buy at Raymond James, tgt $22
- Gold.com (GOLD) initiated with a Buy at Canaccord, tgt $70
- International Flavors & Fragrances (IFF) initiated with a Buy at Benchmark, tgt $100
- Grand Canyon Education (LOPE) initiated with a Buy at Truist, tgt $100
- LSI Industries (LYTS) initiated with an Outperform at Oppenheimer, tgt $30
- Magnite (MGNI) initiated with a Buy at BTIG, tgt $20
- Park Aerospace (PKE) initiated with an Outperform at Citizens, tgt $42
- PTC Therapeutics (PTCT) assumed with a Buy from Neutral at Citi, tgt $108
- Ralliant (RAL) assumed with an Outperform at Evercore ISI, tgt $80
- Spruce Biosciences (SPRB) initiated with a Buy at JonesResearch, tgt $135
- WPP (WPP) initiated with a Buy at Berenberg
- Cerebras Systems (CBRS) initiated with a Buy at Craig-Hallum, tgt $325