>>> US Research Calls

Research Calls

  • Upgrades:
    • Adtalem Global Education (ATGE) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt $44
    • ConocoPhillips (COP) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $120
    • Exelon (EXC) upgraded to Buy from Neutral at Guggenheim; tgt $44
    • Hudbay Minerals (HBM) upgraded to Overweight from Equal Weight at Barclays
    • JPMorgan Chase (JPM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $170
    • Newmont Goldcorp (NEM) upgraded to Overweight from Equal Weight at Barclays; tgt lowered to $61
    • Playtika (PLTK) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $13
  • Downgrades:
    • BHP Group (BHP) downgraded to Hold from Buy at Berenberg
    • Cedar Fair (FUN) downgraded to Neutral from Buy and placed on negative catalyst watch at Citigroup; tgt lowered to $41
    • Edison (EIX) downgraded to Neutral from Buy at Guggenheim
    • Exxon Mobil (XOM) downgraded to Peer Perform from Outperform at Wolfe Research
    • Humana (HUM) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $540
    • KLA Corporation (KLAC) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Paramount Global (PARA) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $14
    • Warner Bros. Discovery (WBD) downgraded to Peer Perform from Outperform at Wolfe Research
    • Wells Fargo (WFC) downgraded to Peer Perform from Outperform at Wolfe Research
    • XPeng (XPEV) downgraded to Sell from Neutral at Bocom; tgt $10.50
  • Others:
    • Alamo Group (ALG) initiated with an Outperform at Raymond James; tgt $215
    • Bloom Energy (BE) initiated with an Outperform at RBC Capital Mkts; tgt $24
    • Ferguson plc (FERG) initiated with an Outperform at William Blair; tgt $194
    • FleetCor (FLT) initiated with a Buy at Deutsche Bank; tgt $310
    • GDS Holdings (GDS) resumed with a Buy at BofA Securities; tgt lowered to $15.50
    • IBM (IBM) initiated with a Neutral at JP Morgan; tgt $145
    • Kadant (KAI) resumed with an Outperform at William Blair
    • Kanzhun Limited (BZ) initiated with a Buy at Bocom; tgt $20
    • Terex (TEX) initiated with a Mkt Perform at Raymond James
    • Tidewater (TDW) resumed with an Outperform at Evercore ISI; tgt $90
    • VNET Group (VNET) resumed with a Neutral at BofA Securities; tgt $3.40
    • WEX (WEX) initiated with a Hold at Deutsche Bank; tgt $190