Research Calls
- Upgrades:
- Appian (APPN) upgraded to Buy from Neutral at DA Davidson; tgt raised to $55
- DigitalOcean (DOCN) upgraded to Buy from Sell at Goldman; tgt $33
- Hess (HES) upgraded to Buy from Hold at Argus; tgt $171
- HP Inc. (HPQ) upgraded to Buy from Hold at Edward Jones
- MacroGenics (MGNX) upgraded to Buy from Neutral at Guggenheim; tgt $12
- Monday.com (MNDY) upgraded to Buy from Neutral at DA Davidson; tgt $170
- NatWest Group plc (NWG) upgraded to Outperform from Underperform at Exane BNP Paribas
- Spirit Realty Capital (SRC) upgraded to Neutral from Underperform at Exane BNP Paribas; tgt $46
- Ventas (VTR) upgraded to Outperform from Neutral at Wedbush; tgt raised to $51
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Downgrades:
- ADTRAN (ADTN) downgraded to Neutral from Buy at Rosenblatt; tgt lowered to $7
- Ameresco (AMRC) downgraded to Mkt Perform from Outperform at William Blair
- Codexis (CDXS) downgraded to Hold from Buy at The Benchmark Company
- Eversource Energy (ES) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $65
- FEMSA (FMX) downgraded to Market Perform from Outperform at Itau BBA; tgt $127
- GOL Linhas Aereas Inteligentes S.A. (GOL) downgraded to Neutral from Buy at Seaport Research Partners
- Kennedy Wilson (KW) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $6
- NorthWestern (NWE) downgraded to Neutral from Buy at Ladenburg Thalmann; tgt $51
- Olo Inc. (OLO) downgraded to Mkt Perform from Outperform at William Blair
- Peloton (PTON) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $4
- RE/MAX Holdings (RMAX) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $9
- Sonos (SONO) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $12
- UDR (UDR) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $34
- Ventyx Biosciences (VTYX) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $8
- Ventyx Biosciences (VTYX) downgraded to Hold from Buy at Stifel; tgt $6
- Zentalis Pharma (ZNTL) downgraded to Market Perform from Outperform at Leerink Partners; tgt $15
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Others:
- Accenture (ACN) initiated with a Neutral at UBS; tgt $333
- Alight (ALIT) initiated with a Buy at UBS; tgt $10
- ASGN Incorporated (ASGN) initiated with a Sell at UBS; tgt $72
- Automatic Data (ADP) initiated with a Neutral at UBS; tgt $235
- Birkenstock Holding Plc (BIRK) initiated with an Outperform at Evercore ISI; tgt $47
- BridgeBio Pharma (BBIO) initiated with a Buy at Citigroup; tgt $42
- Burlington Stores (BURL) initiated with an Outperform at Evercore ISI; tgt $150
- Canada Goose (GOOS) initiated with an In-line at Evercore ISI; tgt $11
- Ceridian HCM (CDAY) initiated with a Buy at UBS; tgt $87
- Clearwater Analytics (CWAN) initiated with a Buy at UBS; tgt $24
- Cognizant Tech (CTSH) initiated with a Neutral at UBS; tgt $70
- Enfusion (ENFN) initiated with a Neutral at UBS; tgt $9
- Ferrari (RACE) initiated with an Outperform at Evercore ISI; tgt $375
- Foot Locker (FL) initiated with an In-line at Evercore ISI; tgt $23
- Gap (GPS) initiated with an Outperform at Evercore ISI; tgt $17
- GFL Environmental (GFL) initiated with an Outperform at TD Cowen; tgt $40
- Granite Ridge Resources (GRNT) initiated with a Buy at BofA Securities; tgt $9
- Home Depot (HD) initiated with a Sector Perform at RBC Capital Mkts; tgt $303
- Intapp (INTA) initiated with a Buy at UBS; tgt $45
- Iron Mountain (IRM) initiated with a Sell at UBS; tgt $44
- Kohl's (KSS) initiated with an In-line at Evercore ISI; tgt $24
- Lowe's (LOW) initiated with a Sector Perform at RBC Capital Mkts; tgt $194
- lululemon athletica (LULU) initiated with an Outperform at Evercore ISI; tgt $475
- Macy's (M) initiated with an In-line at Evercore ISI; tgt $13
- NIKE (NKE) initiated with an Outperform at Evercore ISI; tgt $124
- Nordstrom (JWN) initiated with an In-line at Evercore ISI; tgt $14
- New Oriental Education & Technology (EDU) initiated with an Overweight at Morgan Stanley; tgt $81
- Newmont Goldcorp (NEM) resumed with an Outperform at BMO Capital Markets; tgt lowered to $58
- On (ONON) initiated with an Outperform at Evercore ISI; tgt $38
- Paychex (PAYX) initiated with a Neutral at UBS; tgt $120
- Paycom Software (PAYC) initiated with a Buy at UBS; tgt $235
- Paycor (PYCR) initiated with a Neutral at UBS; tgt $20
- Paylocity (PCTY) initiated with a Neutral at UBS; tgt $160
- PVH (PVH) initiated with an Outperform at Evercore ISI; tgt $100
- Rackspace Technology (RXT) initiated with a Neutral at UBS; tgt $1.40
- Ralph Lauren (RL) initiated with an Outperform at Evercore ISI; tgt $130
- Revolve Group (RVLV) initiated with an In-line at Evercore ISI; tgt $14
- Robert Half (RHI) initiated with a Sell at UBS; tgt $60
- Ross Stores (ROST) initiated with an Outperform at Evercore ISI; tgt $140
- Savara (SVRA) initiated with a Buy at Guggenheim; tgt $7
- SS&C Techs (SSNC) initiated with a Buy at UBS; tgt $72
- TAL Education (TAL) initiated with an Overweight at Morgan Stanley; tgt $10.50
- Tapestry (TPR) initiated with an In-line at Evercore ISI; tgt $30
- Thomson Reuters (TRI) initiated with a Buy at UBS; tgt $153
- TJX (TJX) initiated with an Outperform at Evercore ISI; tgt $105
- TriNet Group (TNET) initiated with a Neutral at UBS; tgt $110
- Ulta Beauty (ULTA) initiated with an Outperform at Evercore ISI; tgt $460
- Under Armour (UAA) initiated with an In-line at Evercore ISI; tgt $8
- V.F. Corp (VFC) initiated with an In-line at Evercore ISI; tgt $17
- Victoria's Secret (VSCO) resumed with an In-line at Evercore ISI; tgt $20