Research Calls
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Upgrades:
- ACADIA Pharmaceuticals (ACAD) upgraded to Buy from Hold at Needham; tgt $37
- Advanced Micro (AMD) upgraded to Buy from Neutral at New Street; tgt $215
- Capital City Bank (CCBG) upgraded to Buy from Neutral at Janney; tgt $37.50
- CrossFirst Bankshares (CFB) upgraded to Overweight from Equal-Weight at Stephens; tgt raised to $18
- FIGS, Inc. (FIGS) upgraded to Equal Weight from Underweight at Barclays; tgt $7
- First Horizon (FHN) upgraded to Buy from Neutral at UBS; tgt raised to $16
- Netflix (NFLX) upgraded to Outperform from Neutral at Macquarie; tgt raised to $595
- Squarespace (SQSP) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $40
- StoneCo (STNE) upgraded to Neutral from Underperform at Bradesco BBI
- Sunoco LP (SUN) upgraded to Buy from Neutral at Citigroup; tgt $65
- Tencent Music (TME) upgraded to Buy from Neutral at UBS; tgt $10.50
- Webster Financial (WBS) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $65
- Verizon (VZ) upgraded to Outperform from Neutral at Daiwa Securities; tgt raised to $47
- XP (XP) upgraded to Outperform from Neutral at Bradesco BBI
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Downgrades:
- Biogen (BIIB) downgraded to Neutral from Buy at UBS; tgt lowered to $276
- Brilliant Earth Group (BRLT) downgraded to Market Perform from Outperform at TD Cowen
- Cytokinetics (CYTK) downgraded to Neutral from Buy at UBS; tgt raised to $92
- Danaher (DHR) downgraded to Equal Weight from Overweight at Barclays; tgt $240
- DXC Technology (DXC) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $24
- Endava (DAVA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $80
- EPAM Systems (EPAM) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt raised to $250
- Home Bancorp (HBCP) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $43
- Mosaic (MOS) downgraded to Neutral from Buy at Mizuho; tgt lowered to $34
- Netflix (NFLX) downgraded to Hold from Buy at Deutsche Bank; tgt raised to $525
- PagerDuty (PD) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $30
- Plug Power (PLUG) downgraded to Underperform from Market Perform at BMO Capital Markets; tgt lowered to $2.50
- Rentokil Initial plc (RTO) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $29
- Stellantis (STLA) downgraded to Hold from Buy at HSBC Securities
- Thermo Fisher (TMO) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $555
- Uber (UBER) downgraded to Hold from Buy at Gordon Haskett; tgt $66
- Vertex Energy (VTNR) downgraded to Market Perform from Outperform at Northland Capital; tgt $2
- Vertex Pharma (VRTX) downgraded to Sell from Hold at Canaccord Genuity; tgt raised to $379
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Others:
- Alignment Healthcare (ALHC) initiated with a Buy at Stifel; tgt $11
- Altimmune (ALT) initiated with a Neutral at Goldman; tgt $13
- Apollo Medical (AMEH) initiated with a Buy at Stifel; tgt $45
- BMW Group (BMWYY) initiated with a Buy at Redburn Atlantic
- Ford Motor (F) initiated with a Sell at Redburn Atlantic; tgt $10
- General Motors (GM) initiated with a Neutral at Redburn Atlantic; tgt $40
- Mercedes-Benz Group AG (MBGYY) initiated with a Neutral at Redburn Atlantic
- Nikola Corporation (NKLA) initiated with an Outperform at Robert W. Baird; tgt $2
- Polestar Automotive Holding UK PLC (PSNY) initiated with an Underperform at Bernstein; tgt $1.15
- Stellantis (STLA) initiated with a Buy at Redburn Atlantic
- Tesla (TSLA) initiated with a Sell at Redburn Atlantic; tgt $170
- Volkswagen AG (VWAGY) initiated with a Sell at Redburn Atlantic