Research Calls
- Upgrades:
- Assoc Banc-Corp (ASB) upgraded to Outperform from Mkt Perform at Raymond James; tgt $20
- Canadian Solar (CSIQ) upgraded to Buy from Neutral at UBS
- First Horizon (FHN) upgraded to Outperform from Mkt Perform at Raymond James; tgt $13
- Hanover Insurance (THG) upgraded to Overweight from Neutral at Piper Sandler; tgt lowered to $153
- Keurig Dr Pepper (KDP) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $37
- Nintendo (NTDOY) upgraded to Buy from Neutral at Citigroup
- Simon Properties (SPG) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $127
- Teva Pharma (TEVA) upgraded to Neutral from Sell at UBS; tgt raised to $8
- Truist (TFC) upgraded to Outperform from Mkt Perform at Raymond James; tgt $36
- Downgrades:
- Affirm (AFRM) downgraded to Underweight from Neutral at Piper Sandler; tgt $11
- American Express (AXP) downgraded to Neutral from Outperform at Robert W. Baird; tgt $185
- Consolidated Water (CWCO) downgraded to Neutral from Buy at Janney
- Eagle Materials (EXP) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $190
- Horizon Bancorp (HBNC) downgraded to Mkt Perform from Outperform at Raymond James
- HubSpot (HUBS) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $520
- Martin Marietta (MLM) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $470
- MGIC Investment (MTG) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $15.70
- NETSTREIT (NTST) downgraded to Peer Perform from Outperform at Wolfe Research
- Phillips Edison & Company (PECO) downgraded to Peer Perform from Outperform at Wolfe Research
- Summit Materials (SUM) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $37
- Vulcan Materials (VMC) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $230
- Others:
- 360 DigiTech (QFIN) initiated with a Buy at BofA Securities; tgt $24.50
- Core Molding Technologies (CMT) assumed with a Buy at EF Hutton; tgt raised to $26
- Ducommun (DCO) initiated with a Buy at Citigroup; tgt $65
- Instructure (INST) initiated with an Overweight at KeyBanc Capital Markets; tgt $32
- Model N (MODN) initiated with a Buy at Goldman; tgt $45
- Nine Energy Service (NINE) assumed with a Buy at EF Hutton; tgt $7
- Qualys (QLYS) initiated with a Neutral at UBS; tgt $135
- Rapid7 (RPD) initiated with a Neutral at UBS; tgt $50
- Reata Pharmaceuticals (RETA) initiated with an Outperform at TD Cowen; tgt $140
- Sprout Social (SPT) initiated with a Buy at Goldman; tgt $61
- Tenable (TENB) initiated with a Buy at UBS; tgt $52
- Textron (TXT) initiated with a Buy at Citigroup; tgt $90
- Transdigm Group (TDG) initiated with a Buy at Citigroup; tgt $1042
- World Kinect Corporation (WKC) initiated with an Outperform at Raymond James; tgt $30