>>> US Research Calls

Research Calls Upgrades: Adobe (ADBE) upgraded to Buy from Neutral at Mizuho; tgt raised to $630 Delek Logistics Partners (DKL) upgraded to Neutral from Sell at Citigroup; tgt lowered to $45 First Solar (FSLR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $235 Gilead Sciences (GILD) upgraded to Buy from Neutral at BofA Securities; tgt raised to $95 Omega Health (OHI) upgraded to Buy from Neutral at Mizuho; tgt raised to $35 Petrobras (PBR) upgraded to Outperform from Neutral at Bradesco BBI; tgt $15 TC Energy (TRP) upgraded to Equal Weight from Underweight at Wells Fargo Downgrades: ABM Industries (ABM) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $43 Clarivate (CLVT) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $7 DigitalOcean (DOCN) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $25 Essex Property (ESS) downgraded to Neutral from Buy at Citigroup; tgt lowered to $260 Summit Materials (SUM) downgraded to Peer Perform from Outperform at Wolfe Research Vir Biotechnology (VIR) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $14 Others: Arch Capital (ACGL) initiated with a Neutral at Goldman; tgt $80 Asure Software (ASUR) initiated with a Buy at Stifel; tgt $15 AXIS Capital (AXS) initiated with a Sell at Goldman; tgt $51 ChargePoint (CHPT) initiated with an Outperform at RBC Capital Mkts; tgt $9 Everest Group (EG) initiated with a Buy at Goldman; tgt $449 EVgo Inc. (EVGO) initiated with a Sector Perform at RBC Capital Mkts; tgt $5 Lucid Group (LCID) initiated with a Sector Perform at RBC Capital Mkts; tgt $6 Mister Car Wash (MCW) resumed with an Outperform at William Blair Procter & Gamble (PG) initiated with a Mkt Perform at William Blair Snowflake (SNOW) initiated with a Buy at DA Davidson; tgt $200 Surf Air Mobility (SRFM) initiated with an Overweight at Piper Sandler; tgt $4 RenaissanceRe (RNR) initiated with a Buy at Goldman; tgt $242 Vaxxinity (VAXX) initiated with an Outperform at Robert W. Baird; tgt $7

Research Calls

Upgrades:
- Adobe (ADBE) upgraded to Buy from Neutral at Mizuho; tgt raised to $630
- Delek Logistics Partners (DKL) upgraded to Neutral from Sell at Citigroup; tgt lowered to $45
- First Solar (FSLR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $235
- Gilead Sciences (GILD) upgraded to Buy from Neutral at BofA Securities; tgt raised to $95
- Omega Health (OHI) upgraded to Buy from Neutral at Mizuho; tgt raised to $35
- Petrobras (PBR) upgraded to Outperform from Neutral at Bradesco BBI; tgt $15
- TC Energy (TRP) upgraded to Equal Weight from Underweight at Wells Fargo
Downgrades:
- ABM Industries (ABM) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $43
- Clarivate (CLVT) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $7
- DigitalOcean (DOCN) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $25
- Essex Property (ESS) downgraded to Neutral from Buy at Citigroup; tgt lowered to $260
- Summit Materials (SUM) downgraded to Peer Perform from Outperform at Wolfe Research
- Vir Biotechnology (VIR) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $14
Others:
- Arch Capital (ACGL) initiated with a Neutral at Goldman; tgt $80
- Asure Software (ASUR) initiated with a Buy at Stifel; tgt $15
- AXIS Capital (AXS) initiated with a Sell at Goldman; tgt $51
- ChargePoint (CHPT) initiated with an Outperform at RBC Capital Mkts; tgt $9
- Everest Group (EG) initiated with a Buy at Goldman; tgt $449
- EVgo Inc. (EVGO) initiated with a Sector Perform at RBC Capital Mkts; tgt $5
- Lucid Group (LCID) initiated with a Sector Perform at RBC Capital Mkts; tgt $6
- Mister Car Wash (MCW) resumed with an Outperform at William Blair
- Procter & Gamble (PG) initiated with a Mkt Perform at William Blair
- Snowflake (SNOW) initiated with a Buy at DA Davidson; tgt $200
- Surf Air Mobility (SRFM) initiated with an Overweight at Piper Sandler; tgt $4
- RenaissanceRe (RNR) initiated with a Buy at Goldman; tgt $242
- Vaxxinity (VAXX) initiated with an Outperform at Robert W. Baird; tgt $7