Research Calls
- Upgrades:
- Arcos Dorados (ARCO) upgraded to Buy from Neutral at BofA Securities; tgt raised to $10
- British American Tobacco (BTI) upgraded to Overweight from Neutral at JP Morgan
- Buenaventura SA (BVN) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $11.10
- GDS Holdings (GDS) upgraded to Buy from Hold at Deutsche Bank; tgt $55
- Johnson Controls (JCI) upgraded to Buy from Hold at Deutsche Bank; tgt lowered to $79
- Liberty Global (LBTYA) upgraded to Outperform from Neutral at Credit Suisse
- Ping Identity (PING) upgraded to Buy from Hold at Stifel; tgt raised to $30
- Schnitzer Steel (SCHN) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $58
- Transocean (RIG) upgraded to Hold from Sell at Pareto; tgt $5
- Werner Enterprises (WERN) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $46
- Downgrades:
- Alcoa (AA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $100
- Atlantia SpA (ATASY) downgraded to Neutral from Buy at UBS
- Bilibili (BILI) downgraded to Neutral from Outperform at KGI Securities; tgt $43
- EOG Resources (EOG) downgraded to Hold from Buy at TD Securities; tgt $140
- Intl Flavors (IFF) downgraded to Hold from Buy at Berenberg; tgt lowered to $144
- Leidos (LDOS) downgraded to Equal Weight from Overweight at Wells Fargo; tgt raised to $113v
- NetApp (NTAP) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $96
- PaySign (PAYS) downgraded to Neutral from Buy at Ladenburg Thalmann
- Post (POST) downgraded to Hold from Buy at Truist; tgt lowered to $70
- Southern Copper (SCCO) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt raised to $63
- Traeger (COOK) downgraded to Hold from Buy at Jefferies; tgt lowered to $7
- Traeger (COOK) downgraded to Hold from Buy at Stifel; tgt $7.50
- Vale S.A. (VALE) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $22
- Others:
- Atlantica Yield (AY) initiated with a Neutral at JP Morgan; tgt $40
- Capital One (COF) assumed with a Buy at Citigroup; tgt raised to $189
- Ciena (CIEN) initiated with a Buy at Rosenblatt; tgt $80
- Citizens Financial Group (CFG) assumed with a Buy at Citigroup
- Comerica (CMA) assumed with a Buy at Citigroup
- Fifth Third (FITB) assumed with a Neutral at Citigroup
- Infinera (INFN) initiated with a Buy at Rosenblatt; tgt $12
- KeyCorp (KEY) assumed with a Neutral at Citigroup
- Li Auto (LI) initiated with a Buy at China Renaissance; tgt $37.20
- M&T Bank (MTB) assumed with a Buy at Citigroup
- NanoString Technologies (NSTG) initiated with a Buy at Canaccord Genuity; tgt $50
- NeoPhotonics (NPTN) initiated with a Neutral at Rosenblatt; tgt $16
- NIO (NIO) initiated with a Buy at China Renaissance; tgt $32.40
- Regions Fincl (RF) assumed with a Buy at Citigroup
- Reata Pharmaceuticals (RETA) assumed with a Buy at Goldman; tgt $91
- S&P Global (SPGI) resumed with an Outperform at Credit Suisse; tgt $495
- XPeng (XPEV) initiated with a Buy at China Renaissance; tgt $55.60