Research Calls I
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Upgrades:
- Crown Castle (CCI) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $115
- First Industrial Realty (FR) upgraded to Buy from Neutral at Mizuho; tgt $55
- Integra (IART) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $49
- Redwood Trust (RWT) upgraded to Buy from Neutral at BTIG Research; tgt $8.50
- Rio Tinto (RIO) upgraded to Outperform from Neutral at Exane BNP Paribas
- Travere Therapeutics (TVTX) upgraded to Buy from Neutral at Citigroup; tgt raised to $10
- XP (XP) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $30
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Downgrades:
- Albemarle (ALB) downgraded to Underweight from Neutral at Piper Sandler; tgt lowered to $128
- Ares Commercial Real Estate (ACRE) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- EastGroup (EGP) downgraded to Neutral from Buy at Mizuho; tgt $185
- Equitable Holdings (EQH) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $34
- Globant (GLOB) downgraded to Market Perform from Outperform at Itau BBA
- Livent (LTHM) downgraded to Underweight from Neutral at Piper Sandler; tgt lowered to $15
- lululemon athletica (LULU) downgraded to Outperform from Strong Buy at Raymond James; tgt raised to $495
- PJT Partners (PJT) downgraded to Neutral from Buy at Seaport Research Partners
- Prologis (PLD) downgraded to Neutral from Buy at Mizuho; tgt lowered to $125
- Sanofi (SNY) downgraded to Neutral from Overweight at JP Morgan
- Science Applications (SAIC) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $142
- Sibanye-Stillwater (SBSW) downgraded to Market Perform from Outperform at BMO Capital Markets
- Toro (TTC) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $87
- UBS AG (UBS) downgraded to Neutral from Buy at BofA Securities
- United Rentals (URI) downgraded to Neutral from Buy at UBS; tgt raised to $525
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Others:
- AbCellera Biologics (ABCL) initiated with an Overweight at KeyBanc Capital Markets; tgt $6
- Absci Corporation (ABSI) initiated with an Overweight at KeyBanc Capital Markets; tgt $3
- AvidXchange (AVDX) initiated with a Market Perform at BMO Capital Markets; tgt $11
- Block (SQ) resumed with an Outperform at BMO Capital Markets; tgt $84
- CARGO Therapeutics (CRGX) initiated with a Buy at Truist; tgt $34
- CARGO Therapeutics (CRGX) initiated with an Outperform at TD Cowen
- CARGO Therapeutics (CRGX) initiated with a Buy at Jefferies; tgt $28
- CARGO Therapeutics (CRGX) initiated with an Overweight at JP Morgan; tgt $23
- Certara (CERT) initiated with a Sector Weight at KeyBanc Capital Markets
- Core Molding Technologies (CMT) initiated with a Buy at ROTH MKM; tgt $24
- Crescent Energy Company (CRGY) initiated with a Strong Buy at Raymond James; tgt $16
- Datadog (DDOG) initiated with a Sector Outperform at Scotiabank; tgt $138
- Dynatrace (DT) initiated with a Sector Outperform at Scotiabank; tgt $62
- EverQuote (EVER) initiated with a Buy at Craig Hallum; tgt $16
- Fiserv (FI) initiated with an Outperform at BMO Capital Markets; tgt $152
- FleetCor (FLT) initiated with an Outperform at BMO Capital Markets; tgt $300
- Global Payments (GPN) initiated with a Market Perform at BMO Capital Markets; tgt $138
- Hamilton Insurance Group, Ltd. (HG) initiated with an Outperform at BMO Capital Markets; tgt $18
- Hamilton Insurance Group, Ltd. (HG) initiated with a Buy at Citigroup; tgt $19
- Hamilton Insurance Group, Ltd. (HG) initiated with a Mkt Outperform at JMP Securities; tgt $21
- Hilton (H) resumed with an Equal Weight at Wells Fargo; tgt $168
- Hudson Technologies (HDSN) initiated with a Buy at B. Riley Securities; tgt $17
- Hyatt Hotels (H) resumed with an Overweight at Wells Fargo; tgt $138
- Hyster-Yale (HY) initiated with a Buy at ROTH MKM; tgt $85
- i3 Verticals (IIIV) initiated with a Market Perform at BMO Capital Markets; tgt $24
- International Money Express (IMXI) resumed with an Outperform at BMO Capital Markets; tgt $30
- Itron (ITRI) initiated with a Buy at ROTH MKM; tgt $82
- Lavoro (LVRO) initiated with an Equal Weight at Barclays; tgt $7
- Marriott (MAR) resumed with an Equal Weight at Wells Fargo; tgt $220
- Mastercard (MA) resumed with an Outperform at BMO Capital Markets; tgt $475
- Microsoft (MSFT) initiated with a Buy at China Renaissance; tgt $466
- MindMed (MNMD) initiated with a Buy at Canaccord Genuity; tgt $9
- Newpark Res (NR) initiated with a Buy at H.C. Wainwright; tgt $12
- NIKE (NKE) resumed with a Buy at Goldman; tgt raised to $139
- Nuvei Corporation (NVEI) initiated with an Outperform at BMO Capital Markets; tgt $30
- Oculis Holding AG (OCS) initiated with a Buy at Chardan Capital Markets; tgt $30
- Ontrak (OTRK) initiated with a Buy at ROTH MKM; tgt $4
- PayPal (PYPL) resumed with a Market Perform at BMO Capital Markets; tgt $65
- Remitly Global (RELY) initiated with a Market Perform at BMO Capital Markets; tgt $25
- Repay Holdings (RPAY) initiated with a Market Perform at BMO Capital Markets; tgt $9
- Schrodinger (SDGR) initiated with an Overweight at KeyBanc Capital Markets; tgt $38
- Visa (V) resumed with an Outperform at BMO Capital Markets; tgt $280
- Western Union (WU) initiated with a Market Perform at BMO Capital Markets; tgt $12
- Xtant Medical (XTNT) initiated with a Buy at BTIG Research; tgt $2