>>> US Research Calls

Research Calls
  • Upgrades:
    • Adobe (ADBE) upgraded to Buy from Neutral and added to Best-of-Breed Bison list at DA Davidson; tgt raised to $640
    • Akamai Tech (AKAM) upgraded to Neutral from Sell at Guggenheim
    • Canadian Pacific (CP) upgraded to Outperform from Mkt Perform at Raymond James
    • Centessa Pharmaceuticals (CNTA) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $8
    • Installed Building Products (IBP) upgraded to Buy from Hold at The Benchmark Company; tgt $150
    • Live Nation (LYV) upgraded to Outperform from In-line at Evercore ISI; tgt $100
    • Microsoft (MSFT) upgraded to Buy from Hold at HSBC Securities; tgt raised to $413
    • Okta (OKTA) upgraded to Buy from Outperform at Daiwa Securities; tgt $87
    • Snap (SNAP) upgraded to Hold from Sell at China Renaissance; tgt $9
    • Sociedad Quimica y Minera (SQM) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt $84
    • UMB Financial Corporation (UMBF) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $80
    • UMB Financial Corporation (UMBF) upgraded to Buy from Neutral at Janney; tgt $73
  • Downgrades:
    • Arcutis Biotherapeutics (ARQT) downgraded to Neutral from Buy at Mizuho; tgt lowered to $4
    • Atlantica Yield (AY) downgraded to Mkt Perform from Outperform at Raymond James; tgt lowered to $25
    • Barclays PLC (BCS) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $7.31
    • Bath & Body Works (BBWI) downgraded to Hold from Buy at Jefferies; tgt lowered to $30
    • BOK Financial (BOKF) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $70
    • F5 Networks (FFIV) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $160
    • Fortive (FTV) downgraded to Neutral from Buy at BofA Securities; tgt $70
    • MaxLinear (MXL) downgraded to Neutral from Buy at ROTH MKM; tgt lowered to $18
    • Papa John's (PZZA) downgraded to Neutral from Outperform at Wedbush; tgt $95
    • Thermo Fisher (TMO) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Valmont (VMI) downgraded to Neutral from Buy at Northcoast
  • Others:
    • 4D Molecular Therapeutics (FDMT) initiated with an Outperform at RBC Capital Mkts; tgt $25
    • Alcoa (AA) initiated with a Buy at DBS Bank; tgt $41
    • EverQuote (EVER) resumed with a Mkt Perform at Raymond James
    • Paycom Software (PAYC) initiated with a Buy at BofA Securities; tgt $330
    • Paylocity (PCTY) initiated with a Neutral at BofA Securities; tgt $210
    • Procore Technologies (PCOR) initiated with an Outperform at BMO Capital Markets; tgt $80
    • Rocket Lab USA (RKLB) initiated with an Overweight at Cantor Fitzgerald; tgt $6