Research Calls I
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Upgrades:
- AutoZone (AZO) upgraded to Strong Buy from Outperform at Raymond James; tgt raised to $3100
- Builders FirstSource (BLDR) upgraded to Buy from Neutral at B. Riley Securities; tgt raised to $177
- Capital One (COF) upgraded to Buy from Neutral at BofA Securities; tgt raised to $129
- Camtek (CAMT) upgraded to Buy from Neutral at B. Riley Securities; tgt raised to $75
- Devon Energy (DVN) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $58
- Discover Financial Services (DFS) upgraded to Buy from Neutral at BofA Securities; tgt raised to $116
- Genmab (GMAB) upgraded to Buy from Neutral at UBS
- Jack Henry (JKHY) upgraded to Buy from Neutral at BofA Securities; tgt raised to $186
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Downgrades:
- Asana (ASAN) downgraded to Reduce from Hold at HSBC Securities; tgt $18
- BRF SA (BRFS) downgraded to Neutral from Overweight at JP Morgan
- EOG Resources (EOG) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $150
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Others:
- Advanced Energy (AEIS) initiated with a Neutral at Seaport Research Partners
- Agilon Health (AGL) initiated with a Mkt Outperform at JMP Securities; tgt $18
- AGNC Investment (AGNC) resumed with a Neutral at UBS; tgt $9
- AG Mortgage Investment Trust (MITT) initiated with a Buy at UBS; tgt $7
- Annaly Capital Mgmt (NLY) resumed with a Neutral at UBS; tgt $19
- AMN Healthcare (AMN) initiated with a Mkt Outperform at JMP Securities; tgt $85
- Angel Oak Mortgage REIT (AOMR) resumed with a Neutral at UBS; tgt $10
- Apollo Commercial Real Estate (ARI) initiated with a Neutral at UBS; tgt $10.50
- Ares Commercial Real Estate (ACRE) initiated with a Neutral at UBS; tgt $10.50
- ARMOUR Residential REIT (ARR) initiated with a Neutral at UBS; tgt $18.50
- AvidXchange (AVDX) initiated with a Buy at BTIG Research; tgt $14
- Blackstone Mortgage Trust (BXMT) initiated with a Neutral at UBS; tgt $23.50
- Chimera Investment (CIM) initiated with a Neutral at UBS; tgt $5.50
- Cross Country (CCRN) initiated with a Mkt Perform at JMP Securities
- Digital Realty Trust (DLR) initiated with a Sector Weight at KeyBanc Capital Markets
- Ellington Financial (EFC) initiated with a Neutral at UBS; tgt $13.50
- Ellington Residential Mtg (EARN) initiated with a Neutral at UBS; tgt $6
- Equinix (EQIX) initiated with a Sector Weight at KeyBanc Capital Markets
- Essent Group (ESNT) initiated with a Neutral at UBS; tgt $54
- Evolent Health (EVH) initiated with a Mkt Outperform at JMP Securities; tgt $37
- Enact Holdings (ACT) initiated with a Neutral at UBS; tgt $29
- Granite Point Mortgage (GPMT) initiated with a Buy at UBS; tgt $6.50
- HealthStream (HSTM) initiated with a Mkt Perform at JMP Securities
- Invesco Mortgage Capital (IVR) initiated with a Neutral at UBS; tgt $8
- Lightspeed (LSPD) initiated with a Neutral at Redburn Atlantic; tgt $17
- loanDepot (LDI) initiated with a Neutral at UBS; tgt $2
- Mr. Cooper Group (COOP) initiated with a Buy at UBS; tgt $80
- MFA Financial (MFA) initiated with a Neutral at UBS; tgt $12
- MGIC Investment (MTG) initiated with a Neutral at UBS; tgt $18.50
- Nintendo (NTDOY) initiated with a Buy at MoffettNathanson
- NMI Hldgs (NMIH) initiated with a Buy at UBS; tgt $36
- Shift4 Payments (FOUR) initiated with a Sell at Redburn Atlantic; tgt $49