Research Calls I
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Upgrades:
- Affirm (AFRM) upgraded to Hold from Underperform at Jefferies; tgt raised to $30
- Boeing (BA) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $275
- Continental AG (CTTAY) upgraded to Buy from Hold at Berenberg
- Crocs (CROX) upgraded to Strong Buy from Outperform at Raymond James; tgt raised to $115
- Intl Flavors (IFF) upgraded to Buy from Hold at Argus
- Lloyds Banking (LYG) upgraded to Overweight from Equal-Weight at Morgan Stanley
- Mondelez Int'l (MDLZ) upgraded to Buy from Hold at Argus
- nLIGHT (LASR) upgraded to Speculative Buy from Hold at The Benchmark Company; tgt $17
- PointsBet Holdings (PBTHF) upgraded to Buy from Hold at Jefferies
- RLJ Lodging Trust (RLJ) upgraded to Outperform from Perform at Oppenheimer; tgt $13
- Smith & Nephew (SNN) upgraded to Equal Weight from Underweight at Barclays
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Downgrades:
- American Axle (AXL) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $8
- Booz Allen Hamilton (BAH) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $138
- ChargePoint (CHPT) downgraded to Neutral from Buy at UBS; tgt lowered to $2.25
- Edwards Lifesciences (EW) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $57
- Grupo Aeroportuario Del Sureste (ASR) downgraded to Sell from Neutral at Citigroup; tgt lowered to $222
- Morgan Stanley (MS) downgraded to Hold from Buy at Societe Generale
- Pearson Plc (PSO) downgraded to Neutral from Outperform at Exane BNP Paribas
- Shopify (SHOP) downgraded to Underweight from Neutral at Piper Sandler; tgt lowered to $56
- Welltower (WELL) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $97
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Others:
- Carbon Revolution (CREV) initiated with a Buy at Craig Hallum; tgt $84
- Chipotle Mexican Grill (CMG) resumed with a Buy at William O'Neil
- Confluent (CFLT) initiated with an Outperform at Bernstein; tgt $34
- Estee Lauder (EL) initiated with a Buy at HSBC Securities; tgt $180
- First Citizens BancShares (FCNCA) initiated with a Mkt Perform at Raymond James
- Glaukos (GKOS) initiated with a Buy at Truist; tgt $88
- Hannon Armstrong Sust. Infr. (HASI) initiated with a Neutral at Goldman; tgt $26
- Hexcel (HXL) initiated with a Buy at Northcoast; tgt $80
- Lending Club (LC) initiated with an Overweight at Piper Sandler; tgt $8
- Lexeo Therapeutics (LXEO) initiated with a Buy at Chardan Capital Markets; tgt $23
- Lexeo Therapeutics (LXEO) initiated with an Outperform at Leerink Partners; tgt $19
- Lexeo Therapeutics (LXEO) initiated with an Outperform at RBC Capital Mkts; tgt $22
- Lexeo Therapeutics (LXEO) initiated with a Buy at Stifel; tgt $20
- Lexeo Therapeutics (LXEO) initiated with an Overweight at JP Morgan; tgt $20
- Mach Natural Resources (MNR) initiated with a Buy at Johnson Rice; tgt $27
- Profound Medical (PROF) initiated with a Hold at Stifel; tgt $11
- SharkNinja (SN) initiated with a Buy at Canaccord Genuity; tgt $61
- Siemens AG (SIEGY) resumed with an Overweight at Morgan Stanley
- TScan Therapeutics (TCRX) initiated with an Outperorm at LifeSci Capital
- Virtu Financial (VIRT) initiated with a Buy at BofA Securities; tgt $20