Research Calls
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Upgrades:
- Devon Energy (DVN) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $59
- Healthpeak Properties (DOC) upgraded to Buy from Underperform at BofA Securities; tgt raised to $25
- Nuvalent (NUVL) upgraded to Outperform from Market Perform at Leerink Partners; tgt raised to $110
- Premier Financial (PFC) upgraded to Outperform from Market Perform at Hovde Group; tgt $22.50
- TransUnion (TRU) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $90
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Downgrades:
- Assured Guaranty (AGO) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt raised to $92
- Bill.com (BILL) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $60
- C.H. Robinson (CHRW) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $65
- Cognizant Tech (CTSH) downgraded to Neutral from Positive at Susquehanna; tgt lowered to $80
- Dynatrace (DT) downgraded to Hold from Buy at Needham
- Fifth Third (FITB) downgraded to Neutral from Outperform at Robert W. Baird; tgt $32
- InterDigital (IDCC) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $100
- J.B. Hunt Transport (JBHT) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $200
- Oxford Industries (OXM) downgraded to Sell from Neutral at Citigroup; tgt lowered to $94
- P3 Health Partners (PIII) downgraded to Neutral from Buy at BTIG Research
- Sharecare (SHCR) downgraded to Neutral from Buy at BTIG Research
- Texas Capital (TCBI) downgraded to Hold from Buy at Truist; tgt lowered to $66
- Werner Enterprises (WERN) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $40
- WillScot Mobile Mini (WSC) downgraded to Hold from Buy at Jefferies; tgt lowered to $42
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Others:
- Aerovate Therapeutics (AVTE) added to Wells Fargo's Q2 Tactical Idea List
- Amazon (AMZN) added to Wells Fargo's Q2 Tactical Idea List
- Annexon (ANNX) added to Wells Fargo's Q2 Tactical Idea List
- Bloom Energy (BE) initiated with an Outperform at Evercore ISI; tgt $21
- Blue Owl Capital (OWL) removed from Goldman's Conviction List
- Cameco (CCJ) initiated with a Buy at Goldman; tgt $55
- Chevron (CVX) removed from Goldman's Conviction List
- Cintas (CTAS) removed from Goldman's Conviction List
- Citigroup (C) added to Wells Fargo's Q2 Tactical Idea List
- Citigroup (C) added to Conviction List at Goldman
- COMPASS Pathways (CMPS) initiated with an Overweight at Morgan Stanley; tgt $30
- Crocs (CROX) initiated with an Overweight at Barclays; tgt $167
- Deckers Outdoor (DECK) initiated with an Overweight at Barclays; tgt $1110
- Global-E Online (GLBE) added to Wells Fargo's Q2 Tactical Idea List
- Graphic Packaging (GPK) added to Wells Fargo's Q2 Tactical Idea List
- Insmed (INSM) added to Wells Fargo's Q2 Tactical Idea List
- NexGen Energy (NXE) initiated with a Sector Outperform at Scotiabank
- On (ONON) initiated with an Overweight at Barclays; tgt $38
- Riot Platforms (RIOT) initiated with an Outperform at ATB Capital
- Royal Caribbean (RCL) added to Goldman's Conviction List
- RTX (RTX) added to Wells Fargo's Q2 Tactical Idea List
- Sirius XM (SIRI) added to Wells Fargo's Q2 Tactical Idea List
- Skechers USA (SKX) initiated with an Overweight at Barclays; tgt $71
- SLB (SLB) added to Goldman's Conviction List
- Starbucks (SBUX) added to Wells Fargo's Q2 Tactical Idea List
- Take-Two (TTWO) resumed with a Buy at Jefferies; tgt $195
- TE Connectivity (TEL) removed from Goldman's Conviction List
- Tesla (TSLA) added to Wells Fargo's Q2 Tactical Idea List
- TPG Inc. (TPG) added to Goldman's Conviction List