Research Calls
- Upgrades:
- Adidas AG (ADDYY) upgraded to Buy from Hold at Societe Generale
- Adidas AG (ADDYY) upgraded to Outperform from Neutral at Exane BNP Paribas
- Datadog (DDOG) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $140
- Fortum Oyj (FOJCY) upgraded to Buy from Hold at Berenberg
- Huntington Banc (HBAN) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $13
- KBC Group SA (KBCSY) upgraded to Buy from Hold at Deutsche Bank
- Meta Platforms (META) upgraded to Buy from Neutral at New Street; tgt $350
- Walmart (WMT) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $210
- Zscaler (ZS) upgraded to Buy from Neutral at BTIG Research; tgt $185
- Downgrades:
- Avanos Medical (AVNS) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- Bank of Hawaii (BOH) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt $47
- CI&T Inc (CINT) downgraded to Neutral from Buy at Citigroup; tgt raised to $7
- Corteva (CTVA) downgraded to Neutral from Buy at Redburn
- Goldman Sachs (GS) downgraded to Neutral from Buy at Citigroup; tgt raised to $400
- Inditex (IDEXY) downgraded to Neutral from Outperform at Exane BNP Paribas
- Kodiak Sciences (KOD) downgraded to Underweight from Neutral at JP Morgan
- MainStreet Bancshares (MNSB) downgraded to Equal-Weight from Overweight at Stephens; tgt $24
- NIKE (NKE) downgraded to Underperform from Neutral at Exane BNP Paribas
- Progressive (PGR) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $114
- Rackspace Technology (RXT) downgraded to Sell from Neutral at Citigroup; tgt raised to $1.50
- Sprouts Farmers Market (SFM) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $42
- TC Energy (TRP) downgraded to Neutral from Sector Outperform at CIBC
- Tractor Supply (TSCO) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $226
- Vermilion Energy (VET) downgraded to Hold from Buy at Desjardins
- Walt Disney (DIS) downgraded to Underweight from Neutral at Atlantic Equities; tgt lowered to $76
- Zevia PBC (ZVIA) downgraded to Neutral from Buy at Goldman; tgt lowered to $3
- Others:
- dLocal Limited (DLO) initiated with a Positive at Susquehanna; tgt $18.50
- Emerald Holding (EEX) initiated with a Buy at Rosenblatt; tgt $7.20
- Electronic Arts (EA) initiated with a Hold at HSBC Securities; tgt $128
- Endava (DAVA) placed on negative catalyst watch at Citigroup; tgt lowered to $63
- EPAM Systems (EPAM) placed on negative catalyst watch at Citigroup; tgt raised to $240
- Fidelis Insurance Holdings Limited (FIHL) initiated with a Market Perform at BMO Capital Markets; tgt $15
- Fluence (FLNC) initiated with a Neutral at ROTH MKM; tgt $31
- Howmet Aerospace (HWM) initiated with an Outperform at Robert W. Baird; tgt $61
- Incyte (INCY) initiated with a Buy at Citigroup; tgt $82
- JD.com (JD) named Research Tactical Idea at Morgan Stanley; tgt $60
- Kenvue (KVUE) initiated with a Buy at Edward Jones
- lululemon athletica (LULU) assumed with an Overweight at KeyBanc Capital Markets; tgt $425
- MAC Limited (MTAL) initiated with a Buy at Canaccord Genuity; tgt $13
- Mobileye Global (MBLY) resumed with an Equal-Weight at Morgan Stanley; tgt $34
- NIKE (NKE) assumed with a Sector Weight at KeyBanc Capital Markets
- On (ONON) initiated with an Overweight at KeyBanc Capital Markets; tgt $42
- Playtika (PLTK) initiated with a Buy at HSBC Securities; tgt $15.80
- ProKidney Corp. (PROK) initiated with a Buy at BTIG Research; tgt $16
- Shift4 Payments (FOUR) initiated with a Buy at Mizuho; tgt $80
- SoFi Technologies (SOFI) initiated with an Equal-Weight at Stephens; tgt $7
- Sprinklr (CXM) initiated with a Buy at DA Davidson; tgt $17
- Take-Two (TTWO) initiated with a Buy at HSBC Securities; tgt $170
- Warner Music Group (WMG) initiated with an Outperform at TD Cowen; tgt $38
- Watsco (WSO) initiated with a Neutral at Mizuho; tgt $360
- Wix.com (WIX) placed on 90-day upside catalyst watch at Citigroup; tgt $120