Research Calls
- Upgrades:
- A.O. Smith (AOS) downgraded to Sell from Neutral at UBS; tgt lowered to $58
- Ageas SA/NV (AGESY) upgraded to Buy from Hold at Berenberg
- Agilent (A) upgraded to Overweight from Equal Weight at Wells Fargo; tgt $170
- Altus Power (AMPS) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $12
- American Tower (AMT) upgraded to Buy from Neutral at Goldman; tgt raised to $245
- Aon (AON) upgraded to In-line from Underperform at Evercore ISI; tgt $330
- Bloom Energy (BE) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $35
- Bumble Inc. (BMBL) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $27
- Camden Property (CPT) upgraded to Buy from Neutral at Mizuho; tgt raised to $125
- Confluent (CFLT) upgraded to Overweight from Equal Weight at Barclays; tgt lowered to $24
- Exxon Mobil (XOM) upgraded to Buy from Neutral at Mizuho; tgt raised to $140
- HF Sinclair (DINO) upgraded to Buy from Neutral at Mizuho; tgt raised to $68
- ProPetro (PUMP) upgraded to Overweight from Equal Weight at Barclays; tgt $14
- Downgrades:
- Altice USA (ATUS) downgraded to Neutral from Buy at Goldman; tgt lowered to $5
- Ally Financial (ALLY) downgraded to Hold from Buy at Jefferies; tgt lowered to $25
- APA Corp. (APA) downgraded to Underperform from Buy at Mizuho; tgt lowered to $48
- Ashmore Group (AJMPF) downgraded to Equal Weight from Overweight at Barclays
- AZEK (AZEK) downgraded to Neutral from Buy at Citigroup; tgt raised to $23
- Boeing (BA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $220
- C.H. Robinson (CHRW) downgraded to Neutral from Buy at Goldman; tgt lowered to $93
- Canadian Nat'l Rail (CNI) downgraded to Sell from Neutral at Goldman
- Chemours (CC) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $33
- Comstock (CRK) downgraded to Neutral from Buy at Mizuho; tgt lowered to $17
- Delek US Holdings (DK) downgraded to Underperform from Neutral at Mizuho; tgt raised to $30
- EOG Resources (EOG) downgraded to Neutral from Buy at Mizuho; tgt raised to $160
- Essilor International (ESLOY) downgraded to Underperform from Sector Perform at RBC Capital Mkts
- Hess (HES) downgraded to Neutral from Buy at Mizuho; tgt raised to $164
- Kimco Realty (KIM) downgraded to Neutral from Buy at Mizuho; tgt lowered to $21
- Marathon Oil (MRO) downgraded to Neutral from Buy at Mizuho; tgt $32
- Marathon Petroleum (MPC) downgraded to Neutral from Buy at Mizuho; tgt raised to $133
- Phillips 66 (PSX) downgraded to Neutral from Buy at Mizuho; tgt raised to $121
- PPG Industries (PPG) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $129
- RBC Bearings (RBC) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $220
- SITE Centers (SITC) downgraded to Neutral from Buy at Mizuho; tgt lowered to $13
- Southwestern Energy (SWN) downgraded to Neutral from Buy at Mizuho; tgt lowered to $9
- Valeo SA (VLEEY) downgraded to Neutral from Buy at Goldman
- Others:
- Air France-KLM (AFLYY) initiated with an Equal-Weight at Morgan Stanley
- Antero Resources (AR) assumed with a Buy at Mizuho; tgt raised to $51
- California Resources Corp (CRC) initiated with a Buy at Mizuho; tgt $60
- Callon Petroleum (CPE) initiated with a Buy at Mizuho; tgt $59
- Chesapeake Energy (CHK) initiated with a Buy at Mizuho; tgt $155
- Chevron (CVX) downgraded to Neutral from Buy at Mizuho; tgt raised to $200
- Chord Energy (CHRD) initiated with a Buy at Mizuho; tgt $196
- Civitas Resources (CIVI) initiated with a Neutral at Mizuho; tgt $71
- CNX Resources (CNX) initiated with an Underperform at Mizuho; tgt $19
- ConocoPhillips (COP) assumed with a Buy at Mizuho; tgt raised to $151
- Coterra Energy (CTRA) assumed with a Buy at Mizuho; tgt lowered to $41
- Crescent Energy Company (CRGY) initiated with a Buy at Mizuho; tgt $19
- Devon Energy (DVN) assumed with a Buy at Mizuho; tgt lowered to $82
- Diamondback Energy (FANG) assumed with a Buy at Mizuho; tgt lowered to $195
- DISH Network (DISH) resumed with a Neutral at Goldman; tgt $14
- Earthstone Energy (ESTE) initiated with a Neutral at Mizuho; tgt $19
- EQT Corp. (EQT) assumed with a Buy at Mizuho; tgt raised to $64
- Gulfport Energy (GPOR) initiated with a Neutral at Mizuho; tgt $92
- Magnolia Oil & Gas (MGY) initiated with a Buy at Mizuho; tgt $32
- Matador Resources (MTDR) initiated with a Neutral at Mizuho; tgt $70
- Murphy Oil (MUR) assumed with a Buy at Mizuho; tgt lowered to $51
- Occidental Petro (OXY) assumed with a Buy at Mizuho; tgt raised to $82
- Ovintiv (OVV) assumed with a Buy at Mizuho; tgt raised to $68
- PBF Energy (PBF) assumed with a Buy at Mizuho; tgt raised to $50
- PDC Energy (PDCE) initiated with a Buy at Mizuho; tgt $97
- Permian Resources (PR) initiated with a Neutral at Mizuho; tgt $13
- Pioneer Natural Resources (PXD) assumed with a Buy at Mizuho; tgt $294
- Porsche (POAHY) resumed with a Buy at Goldman
- Range Resources (RRC) assumed with a Neutral at Mizuho; tgt lowered to $32
- SM Energy (SM) initiated with a Buy at Mizuho; tgt $51
- Valero Energy (VLO) assumed with a Buy at Mizuho; tgt raised to $157