Research Calls I
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Upgrades:
- AN2 Therapeutics (ANTX) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $6
- Array Tech (ARRY) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $18
- Blue Owl Capital (OWL) upgraded to Buy from Neutral at UBS; tgt raised to $22
- Brown-Forman (BF.B) upgraded to Neutral from Sell at Citigroup; tgt $52
- Eaton (ETN) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $300
- Estee Lauder (EL) upgraded to Buy from Neutral at Citigroup; tgt raised to $175
- Home Depot (HD) upgraded to Outperform from Neutral at Zelman
- McCormick (MKC) upgraded to Buy from Hold at Argus
- Moody's (MCO) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $450
- National Grid (NGG) upgraded to Outperform from Underperform at Exane BNP Paribas
- StoneCo (STNE) upgraded to Outperform from Neutral at Bradesco BBI
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Downgrades:
- BCE Inc (BCE) downgraded to Market Perform from Outperform at BMO Capital Markets
- Biomea Fusion (BMEA) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $14
- Blackstone (BX) downgraded to Neutral from Buy at UBS; tgt lowered to $135
- Century Communities (CCS) downgraded to Underperform from Neutral at Wedbush; tgt lowered to $82
- Clorox (CLX) downgraded to Neutral from Buy at Citigroup; tgt lowered to $165
- FIGS, Inc. (FIGS) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $4.50
- Lennar (LEN) downgraded to Underperform from Neutral at Wedbush; tgt $144
- LGI Homes (LGIH) downgraded to Underperform from Neutral at Wedbush; tgt lowered to $74
- Lowe's (LOW) downgraded to Neutral from Outperform at Zelman
- Meritage (MTH) downgraded to Underperform from Neutral at Wedbush; tgt lowered to $148
- Microvast (MVST) downgraded to Neutral from Buy at Janney
- Nextracker (NXT) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $63
- NIO (NIO) downgraded to Underweight from Equal Weight at Barclays; tgt $4
- Petco Health and Wellness (WOOF) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $1.50
- Porsche (POAHY) downgraded to Neutral from Buy at UBS
- Ultrapar Participacoes (UGP) downgraded to Market Perform from Outperform at Itau BBA
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Others:
- Annaly Capital Mgmt (NLY) initiated with a Buy at Compass Point; tgt $22
- Grindr (GRND) initiated with a Mkt Outperform at JMP Securities; tgt $14
- Marqeta (MQ) initiated with a Buy at Monness Crespi & Hardt; tgt $7.50
- Mineralys Therapeutics (MLYS) initiated with a Buy at Goldman; tgt $30
- MoonLake Immunotherapeutics (MLTX) initiated with a Neutral at Goldman; tgt $62
- Olema Pharmaceuticals (OLMA) initiated with a Buy at Goldman; tgt $24
- Otis Worldwide (OTIS) initiated with a Hold at Melius
- PowerFleet (PWFL) initiated with an Outperform at Raymond James; tgt $7
- Q32 Bio (QTTB) initiated with an Overweight at Piper Sandler; tgt $45
- Rocket Pharmaceuticals (RCKT) initiated with a Neutral at Goldman; tgt $39
- Solventum Corporation (SOLV) initiated with a Hold at Edward Jones
- Zebra Tech (ZBRA) initiated with an Equal Weight at Barclays; tgt $292