>>> US Research Calls

Research Calls I
  • Upgrades:
    • Adient (ADNT) upgraded to Overweight from Neutral at JPMorgan, tgt $25
    • Agilon Health (AGL) upgraded to Outperform from Market Perform at Bernstein, tgt $125
    • AstraZeneca (AZN) upgraded to Hold from Sell at Deutsche Bank
    • Cardiff Oncology (CRDF) upgraded to Buy from Neutral at H.C. Wainwright, tgt $9
    • Eli Lilly (LLY) upgraded to Buy from Hold at Berenberg, tgt $1,400
    • Enbridge (ENB) upgraded to Outperform from Market Perform at BMO Capital
    • Enbridge (ENB) upgraded to Outperform from Sector Perform at National Bank
    • Etsy (ETSY) upgraded to Outperform from Perform at Oppenheimer, tgt $90
    • Gentherm (THRM) upgraded to Overweight from Neutral at JPMorgan, tgt $48
    • GSK (GSK) upgraded to Buy from Hold at Berenberg
    • Middleby (MIDD) upgraded to Overweight from Neutral at JPMorgan, tgt $147
    • New York Times (NYT) upgraded to Buy from Neutral at Guggenheim, tgt $82
    • Radiant Logistics (RLGT) upgraded to Outperform from Market Perform at Citizens, tgt $10
    • ResMed (RMD) upgraded to Outperform from Sector Perform at RBC Capital, tgt $262
    • SEI Investments (SEIC) upgraded to Outperform from Market Perform at William Blair
    • Ulta Beauty (ULTA) upgraded to Equal Weight from Underweight at Wells Fargo, tgt $525
  • Downgrades:
    • Aptiv (APTV) downgraded to Neutral from Overweight at JPMorgan, tgt $56
    • Ascendis Pharma (ASND) downgraded to Outperform from Strong Buy at Raymond James, tgt $287
    • Banco Santander Brasil (BSBR) downgraded to Hold from Buy at HSBC, tgt $6.20
    • Cellectis (CLLS) downgraded to Market Perform from Outperform at Citizens
    • EHang (EH) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $5.30
    • Lear (LEA) downgraded to Neutral from Overweight at JPMorgan, tgt $150
    • Magna (MGA) downgraded to Neutral from Overweight at JPMorgan, tgt $72
    • Rapid7 (RPD) downgraded to Underweight from Neutral at JPMorgan, tgt $12
    • Ribbon Communications (RBBN) downgraded to Neutral from Buy at Rosenblatt, tgt $2.20
    • Scholar Rock (SRRK) downgraded to Equal Weight from Overweight at Barclays, tgt $58
  • Others:
    • AAR Corp. (AIR) initiated with a Neutral at Guggenheim
    • Applied Aerospace & Defense (AADX) initiated with a Buy at Guggenheim, tgt $30
    • Astrana Health (ASTH) initiated with an Outperform at Oppenheimer, tgt $53
    • Bentley Systems (BSY) initiated with an Overweight at Cantor Fitzgerald, tgt $37
    • BWX Technologies (BWXT) initiated with a Buy at Guggenheim, tgt $192
    • CenterPoint Energy (CNP) initiated with a Sector Perform at RBC Capital, tgt $40
    • Curtiss-Wright (CW) initiated with a Buy at Guggenheim, tgt $786
    • Dave (DAVE) initiated with an Overweight at JPMorgan, tgt $480
    • Evolution Metals & Technologies (EMAT) initiated with a Buy at Aletheia Capital, tgt $4.50
    • Einride (ENRD) initiated with a Buy at Canaccord, tgt $8
    • Fastenal (FAST) assumed with an Underperform at Wolfe Research, tgt $51
    • Ferguson Enterprises (FERG) assumed with a Peer Perform at Wolfe Research
    • GFL Environmental (GFL) assumed with an Outperform at Wolfe Research, tgt $77
    • Grainger (GWW) assumed with a Peer Perform at Wolfe Research
    • Hayward Holdings (HAYW) assumed with a Peer Perform at Wolfe Research
    • Healthcare Realty Trust (HR) assumed with a Hold at Jefferies, tgt $20
    • HEICO (HEI) initiated with a Neutral at Guggenheim
    • Hexcel (HXL) initiated with a Buy at Guggenheim, tgt $120
    • Howmet Aerospace (HWM) initiated with a Buy at Guggenheim, tgt $350
    • Installed Building Products (IBP) initiated with a Buy at Stifel, tgt $240
    • ITT (ITT) assumed with an Outperform at Wolfe Research, tgt $272
    • Janus Living (JAN) initiated with a Buy at Jefferies, tgt $36
    • Karman (KRMN) initiated with a Buy at Guggenheim, tgt $63
    • Kratos Defense & Security (KTOS) initiated with a Buy at Guggenheim, tgt $74
    • L3Harris Technologies (LHX) initiated with a Buy at Guggenheim, tgt $365
    • Leonardo DRS (DRS) initiated with a Buy at Guggenheim, tgt $51
    • Mercury Systems (MRCY) initiated with a Buy at Guggenheim, tgt $115
    • Moog (MOG.A) initiated with a Neutral at Guggenheim
    • MSC Industrial (MSM) assumed with a Peer Perform at Wolfe Research
    • Netskope (NTSK) initiated with an Overweight at Stephens, tgt $21
    • Nokia (NOK) initiated with a Buy at Rosenblatt, tgt $15
    • Northrop Grumman (NOC) initiated with a Buy at Guggenheim, tgt $612
    • Pentair (PNR) assumed with an Outperform from Peer Perform at Wolfe Research, tgt $91
    • PPL Corp. (PPL) initiated with a Sector Perform at RBC Capital, tgt $35
    • Procore Technologies (PCOR) initiated with an Overweight at Cantor Fitzgerald, tgt $65
    • Republic Services (RSG) assumed with a Peer Perform at Wolfe Research
    • RBC Bearings (RBC) initiated with a Buy at Guggenheim, tgt $600
    • Redwire (RDW) initiated with a Neutral at Guggenheim
    • Samsara (IOT) initiated with an Overweight at Cantor Fitzgerald, tgt $45
    • SPX Technologies (SPXC) assumed with an Outperform at Wolfe Research, tgt $250
    • StandardAero (SARO) initiated with a Neutral at Guggenheim
    • TransDigm (TDG) initiated with a Neutral at Guggenheim
    • Ventas (VTR) assumed with a Buy at Jefferies, tgt $102
    • VSE Corp. (VSEC) initiated with a Neutral at Guggenheim
    • Vishay Intertechnology (VSH) initiated with an Outperform at Oppenheimer, tgt $42
    • Waste Connections (WCN) assumed with an Outperform at Wolfe Research, tgt $204
    • Waste Management (WM) assumed with a Peer Perform at Wolfe Research
    • Welltower (WELL) assumed with a Buy at Jefferies, tgt $275
    • Woodward (WWD) initiated with a Buy at Guggenheim, tgt $404
    • Xylem (XYL) assumed with a Peer Perform at Wolfe Research
    • York Space Systems (YSS) initiated with a Neutral at Guggenheim