Research Calls
- Upgrades:
- Bruker (BRKR) upgraded to Buy from Neutral at Citigroup; tgt raised to $80
- Elevance Health (ELV) upgraded to Outperform from Mkt Perform at SVB Leerink; tgt raised to $580
- Foot Locker (FL) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $36
- Foot Locker (FL) upgraded to Equal Weight from Underweight at Barclays (Friday)
- Salzgitter AG (SZGPY) upgraded to Neutral from Underperform at Credit Suisse
- Schneider National (SNDR) upgraded to Outperform from In-line at Evercore ISI; tgt $28
- Vipshop (VIPS) upgraded to Neutral from Sell at Citigroup; tgt raised to $10.90
- Vipshop (VIPS) upgraded to Outperform from Neutral at Credit Suisse; tgt raised to $12
- Youdao (DAO) upgraded to Outperform from Market Perform at CICC; tgt $7
- Downgrades:
- Canadian Nat'l Rail (CNI) downgraded to In-line from Outperform at Evercore ISI; tgt $129
- Cochlear (CHEOY) downgraded to Neutral from Buy at Citigroup
- Coupa Software (COUP) downgraded to Underperform from Sector Perform at RBC Capital Mkts; tgt lowered to $55
- DocuSign (DOCU) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $65
- Gritstone bio (GRTS) downgraded to Sell from Neutral at Goldman; tgt $2
- Intra-Cellular Therapies (ITCI) downgraded to Neutral from Buy at Goldman; tgt lowered to $49
- NeoGenomics (NEO) downgraded to Hold from Buy at Needham
- Saia (SAIA) downgraded to In-line from Outperform at Evercore ISI; tgt $243
- UPS (UPS) downgraded to In-line from Outperform at Evercore ISI; tgt $214
- V.F. Corp (VFC) downgraded to Market Perform from Outperform at Cowen; tgt lowered to $50
- Others:
- AmerisourceBergen (ABC) assumed with an Equal-Weight at Morgan Stanley
- Cardinal Health (CAH) assumed with an Overweight at Morgan Stanley; tgt raised to $76
- C.H. Robinson (CHRW) added to Tactical Outperform List at Evercore ISI
- CinCor Pharma (CINC) initiated with an Overweight at Piper Sandler; tgt $73
- FedEx (FDX) added to Tactical Outperform List at Evercore ISI
- Illumina (ILMN) added to 90-day Positive Catalyst Watch at Citigroup
- Laboratory Corp (LH) assumed with an Overweight at Morgan Stanley; tgt $300
- McKesson (MCK) assumed with an Overweight at Morgan Stanley
- Millicom International Cellular (TIGO) resumed with a Reduce at HSBC Securities; tgt $14
- Quest Diagnostics (DGX) assumed with an Equal-Weight at Morgan Stanley; tgt $142
- Waldencast plc (WALD) initiated with an Outperform at Raymond James; tgt $11