Research Calls
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Upgrades:
- enCore Energy Corp. (EU) upgraded to Buy from Speculative Buy at Canaccord Genuity
- LPL Financial (LPLA) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $315
- MacroGenics (MGNX) upgraded to Buy from Hold at TD Cowen
- Molson Coors Brewing (TAP) upgraded to Buy from Neutral at Goldman; tgt raised to $75
- NASDAQ (NDAQ) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $80
- PennyMac (PFSI) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $105
- U.S. Steel (X) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $46
- UWM Holdings (UWMC) upgraded to Mkt Perform from Underperform at Keefe Bruyette; tgt $6
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Downgrades:
- Altice USA (ATUS) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $1
- BBB Foods (TBBB) downgraded to Neutral from Buy at UBS; tgt raised to $27
- Comp Siderurgica (SID) downgraded to Underperform from Neutral at BofA Securities
- Jones Lang LaSalle (JJLL) downgraded to Peer Perform from Outperform at Wolfe Research
- Maxeon Solar (MAXN) downgraded to Mkt Perform from Outperform at Raymond James
- Perion Network (PERI) downgraded to Neutral from Buy at ROTH MKM; tgt lowered to $13
- PetroChina (PTR) downgraded to Mkt Perform from Outperform at Bernstein
- Sensata Tech (ST) downgraded to Neutral from Buy at Goldman; tgt lowered to $36
- Vale S.A. (VALE) downgraded to Neutral from Buy at BofA Securities
- Wells Fargo (WFC) downgraded to Neutral from Buy at Compass Point; tgt $64
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Others:
- Citigroup opened 90-day Negative Catalyst Watch on Charter Comm (CHTR)
- ICHOR Corporation (ICHR) initiated with a Buy at Craig Hallum; tgt $55
- Littelfuse (LFUS) initiated with a Hold at Jefferies; tgt $260
- Methode Electronics (MEI) initiated with a Hold at Jefferies; tgt $12
- Monday.com (MNDY) initiated with an Overweight at Wells Fargo; tgt $260
- NB Bancorp (NBBK) initiated with an Overweight at Piper Sandler; tgt $17
- nCino (NCNO) initiated with an Outperform at Keefe Bruyette; tgt $41
- Newpark Res (NR) initiated with a Buy at B. Riley Securities; tgt $10
- Nikola Corporation (NKLA) initiated with a Peer Perform at Wolfe Research
- Obsidian Energy (OBE) resumed with an Outperform at BMO Capital Markets
- Permian Resources (PR) initiated with a Strong Buy at Raymond James; tgt $24
- Riskified (RSKD) initiated with a Mkt Perform at Keefe Bruyette; tgt $5.75
- Sensata Tech (ST) initiated with a Hold at Jefferies; tgt $40
- Taysha Gene Therapies (TSHA) initiated with an Overweight at Piper Sandler; tgt $9
- TE Connectivity (TEL) initiated with a Buy at Jefferies; tgt $180
- TeraWulf (WULF) initiated with a Buy at Rosenblatt; tgt $4.20
- Toast (TOST) initiated with a Mkt Perform at Keefe Bruyette; tgt $25
- Tradeweb Markets (TW) initiated with an Outperform at William Blair