Research Calls I
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Upgrades:
- Ciena (CIEN) upgraded to Outperform from Market Perform at Northland, tgt $500
- Dollar Tree (DLTR) upgraded to Hold from Underperform at Jefferies, tgt $135
- Dominion Energy (D) upgraded to Buy from Hold at TD Cowen, tgt $80
- Fabrinet (FN) upgraded to Outperform from Equal Weight at Fox Advisors
- Honeywell Aerospace (HONA) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $205
- Neptune Insurance (NP) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $36
- TWFG Insurance (TWFG) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $30
- Ciena (CIEN) upgraded to Outperform from Market Perform at Northland, tgt $500
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Downgrades:
- Baidu (BIDU) downgraded to Underweight from Equal Weight at Morgan Stanley, tgt $80
- CME Group (CME) downgraded to Hold from Buy at Deutsche Bank, tgt $270
- Cogent Communications (CCOI) downgraded to Underweight from Neutral at JPMorgan, tgt $9
- Core Natural Resources (CNR) downgraded to Neutral from Buy at UBS, tgt $105
- Klarna (KLAR) downgraded to Neutral from Overweight at JPMorgan, tgt $18
- Mereo BioPharma (MREO) downgraded to Underweight from Neutral at JPMorgan
- Pediatrix Medical (MD) downgraded to Hold from Buy at Jefferies, tgt $28
- Pershing Square (PS) downgraded to Neutral from Buy at Citi, tgt $45
- Baidu (BIDU) downgraded to Underweight from Equal Weight at Morgan Stanley, tgt $80
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Others:
- Aflac (AFL) initiated with an Underperform at Wolfe Research, tgt $103
- Agomab Therapeutics (AGMB) initiated with an Overweight at Cantor Fitzgerald
- Aktis Oncology (AKTS) initiated with an Outperform at BMO Capital, tgt $37
- Aktis Oncology (AKTS) initiated with an Outperform at Wedbush, tgt $35
- Alnylam Pharmaceuticals (ALNY) initiated with an Outperform at BMO Capital, tgt $318
- Ascendis Pharma (ASND) initiated with an Outperform at BMO Capital, tgt $319
- Bicara Therapeutics (BCAX) initiated with an Outperform at BMO Capital, tgt $35
- BioMarin Pharmaceutical (BMRN) initiated with an Outperform at BMO Capital, tgt $98
- Cardinal Health (CAH) initiated with an Outperform at RBC Capital, tgt $276
- Cencora (COR) initiated with a Sector Perform at RBC Capital, tgt $330
- Corsair Gaming (CRSR) assumed with a Sell at Goldman Sachs, tgt $11
- Cricut (CRCT) assumed with a Sell at Goldman Sachs, tgt $4.50
- DarioHealth (DRIO) initiated with a Buy at Alliance Global, tgt $12
- Exelixis (EXEL) initiated with a Market Perform at BMO Capital, tgt $54
- Healthcare Services Group (HCSG) initiated with an Outperform at Oppenheimer, tgt $28
- Ionis Pharmaceuticals (IONS) initiated with a Market Perform at BMO Capital, tgt $60
- KE Holdings (BEKE) initiated with an Outperform at CLSA, tgt $23.80
- McKesson (MCK) initiated with a Sector Perform at RBC Capital, tgt $845
- Perspective Therapeutics (CATX) initiated with an Outperform at BMO Capital, tgt $11
- Prime Medicine (PRME) initiated with an Outperform at BMO Capital, tgt $9
- ResMed (RMD) initiated with a Neutral at Rothschild & Co Redburn, tgt $230
- Safehold (SAFE) resumed with a Market Perform at Raymond James
- Zoom Communications (ZM) reinstated with a Buy at BofA Securities, tgt $130
- Aflac (AFL) initiated with an Underperform at Wolfe Research, tgt $103