>>> US Research Calls

Research Calls I
  • Upgrades:
    • Alector (ALEC) upgraded to Buy from Hold at Stifel; tgt raised to $15
    • Antero Resources (AR) upgraded to Overweight from Equal Weight at Wells Fargo; tgt lowered to $26
    • Bank of America (BAC) upgraded to Buy from Hold at Odeon
    • Beacon Roofing Supply (BECN) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $103
    • Choice Hotels (CHH) upgraded to Neutral from Underweight at JP Morgan; tgt $115
    • Cognizant Tech (CTSH) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $75
    • Coterra Energy (CTRA) upgraded to Overweight from Equal Weight at Wells Fargo; tgt lowered to $30
    • Foot Locker (FL) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $33
    • Grupo Aeroportuario Del Sureste (ASR) upgraded to Buy from Underperform at BofA Securities
    • Host Hotels (HST) upgraded to Neutral from Underweight at JP Morgan; tgt $15
    • Installed Building Products (IBP) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $199
    • Invesco (IVZ) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $20
    • Live Nation (LYV) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $110
    • Marathon Petroleum (MPC) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $169
    • Park Hotels & Resorts (PK) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $16
    • Paychex (PAYX) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $126
    • PNC (PNC) upgraded to Buy from Hold at Odeon
    • Ryman Hospitality (RHP) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $102
    • Six Flags (SIX) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $32
    • Sunstone Hotel (SHO) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $10
    • Trex (TREX) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $79
    • TripAdvisor (TRIP) upgraded to Buy from Neutral at BTIG Research; tgt $25
    • Truist (TFC) upgraded to Buy from Hold at Odeon
    • TopBuild (BLD) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $387
    • U.S. Bancorp (USB) upgraded to Buy from Hold at Odeon
    • Wells Fargo (WFC) upgraded to Buy from Hold at Odeon
  • Downgrades:
    • ACADIA Pharmaceuticals (ACAD) downgraded to Hold from Buy at Deutsche Bank; tgt $25
    • Cepton (CPTN) downgraded to Hold from Buy at Craig Hallum; tgt $2.50
    • Chesapeake Energy (CHK) downgraded to Neutral from Buy at UBS; tgt lowered to $86
    • Deckers Outdoor (DECK) downgraded to Hold from Buy at Stifel; tgt raised to $709
    • Equitrans Midstream (ETRN) downgraded to Underweight from Equal Weight at Wells Fargo; tgt raised to $10
    • Excelerate Energy (EE) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $18
    • EOG Resources (EOG) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $130
    • Fulton Fincl (FULT) downgraded to Equal-Weight from Overweight at Stephens; tgt raised to $16
    • FMC Corp (FMC) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $63
    • Gaming and Leisure Properties (GLPI) downgraded to Neutral from Overweight at JP Morgan; tgt $48
    • Green Dot (GDOT) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $7
    • Northrop Grumman (NOC) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $450
    • Range Resources (RRC) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $32
    • Riskified (RSKD) downgraded to Equal Weight from Overweight at Barclays; tgt $5
    • SeaWorld Entertainment (SEAS) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $57
    • Stanley Black & Decker (SWK) downgraded to Underweight from Neutral at JP Morgan; tgt $89
  • Others:
    • 10x Genomics (TXG) initiated with a Buy at Guggenheim; tgt $60
    • American Fincl (AFG) initiated with a Buy at Janney; tgt $135
    • Arista Networks (ANET) added to US Focus List at Citigroup
    • Akoya Biosciences (AKYA) initiated with a Neutral at Guggenheim
    • American Tower (AMT) initiated with a Buy at HSBC Securities; tgt $245
    • Arch Capital (ACGL) initiated with an In-line at Evercore ISI; tgt $88
    • Cardinal Health (CAH) initiated with an Underweight at Wells Fargo; tgt $96
    • Castle Biosciences (CSTL) initiated with a Buy at Guggenheim; tgt $25
    • Cencora (COR) initiated with an Equal Weight at Wells Fargo; tgt $213
    • Cincinnati Fincl (CINF) initiated with a Neutral at Janney
    • CRH Plc. (CRH) initiated with a Buy at Truist; tgt $81
    • Crown Castle (CCI) initiated with a Hold at HSBC Securities; tgt $110
    • Cytek Biosciences (CTKB) initiated with an Overweight at Stephens; tgt $9
    • Dell (DELL) Citigroup opens 90-day Positive Catalyst Watch
    • Everest Group (EG) initiated with an In-line at Evercore ISI; tgt $431
    • Exact Sciences (EXAS) initiated with a Buy at Guggenheim; tgt $90
    • Globant (GLOB) initiated with a Buy at William O'Neil
    • Guardant Health (GH) initiated with a Neutral at Guggenheim
    • HP Inc. (HPQ) Citigroup opens 90-day Positive Catalyst Watch
    • Illumina (ILMN) initiated with a Buy at Guggenheim; tgt $155
    • Illumina (ILMN) initiated with an Overweight at Stephens; tgt $170
    • Ironwood Pharma (IRWD) initiated with an Overweight at Wells Fargo; tgt $20
    • MAC Limited (MTAL) initiated with an Outperform at National Bank Financial; tgt $14
    • Mitek Systems (MITK) initiated with a Buy at Craig Hallum; tgt $17
    • McKesson (MCK) initiated with an Equal Weight at Wells Fargo; tgt $502
    • Myriad Genetics (MYGN) initiated with a Buy at Guggenheim; tgt $23
    • Natera (NTRA) initiated with a Buy at Guggenheim; tgt $70
    • Norfolk Southern (NSC) removed from Tactical Underperform List at Evercore ISI
    • Opera (OPRA) resumed with a Buy at B. Riley Securities; tgt $20
    • Pacific Biosciences (PACB) initiated with a Neutral at Guggenheim
    • Pacific Biosciences (PACB) initiated with an Overweight at Stephens; tgt $11
    • Pagaya (PGY) initiated with a Buy at Jefferies; tgt $2.50
    • PagerDuty (PD) initiated with a Buy at BofA Securities; tgt $30
    • PSQ Holdings (PSQH) initiated with a Buy at ROTH MKM; tgt $8.50
    • Radius Recycling (RDUS) initiated with a Neutral at Seaport Research Partners
    • RenaissanceRe (RNR) initiated with an Underperform at Evercore ISI; tgt $200
    • RPM Inc (RPM) Deutsche Bank opens Catalyst Call Buy
    • Shift4 Payments (FOUR) initiated with a Buy at Seaport Research Partners; tgt $85
    • Talen Energy Corporation (TLNE) initiated with an Outperform at Oppenheimer; tgt $77
    • WK Kellogg Co (KLG) initiated with an Equal-Weight at Morgan Stanley; tgt $13
    • Zai Lab (ZLAB) initiated with an Overweight at Morgan Stanley; tgt $47.50