Research Calls (51.03)
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Upgrades
- Carlyle Secured Lending (CGBD) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $15
- Carvana (CVNA) upgraded to Outperform from Perform at Oppenheimer, tgt $450
- Coursera (COUR) upgraded to Neutral from Underperform at BofA Securities, tgt $12
- Dick's Sporting (DKS) upgraded to Hold from Reduce at Gordon Haskett
- Estee Lauder (EL) upgraded to Overweight from Neutral at JPMorgan, tgt $101
- Gilead (GILD) upgraded to Buy from Hold at Needham, tgt $133
- Global Payments (GPN) upgraded to Outperform from Neutral at Mizuho, tgt $114
- Hess Midstream LP (HESM) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $47
- Kinder Morgan (KMI) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $31
- MSCI (MSCI) upgraded to Outperform from Market Perform at Raymond James, tgt $650
- Nasdaq (NDAQ) upgraded to Buy from Neutral at UBS, tgt $115
- Otis Worldwide (OTIS) upgraded to Peer Perform from Underperform at Wolfe Research
- Pacira (PCRX) upgraded to Buy from Hold at Truist, tgt $30
- SL Green Realty (SLG) upgraded to Outperform from Sector Perform at Scotiabank, tgt $71
- Union Pacific (UNP) upgraded to Buy from Hold at Jefferies, tgt $285
- Carlyle Secured Lending (CGBD) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $15
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Downgrades
- Ameriprise (AMP) downgraded to Market Perform from Outperform at William Blair
- Darling Ingredients (DAR) downgraded to Neutral from Outperform at Robert W. Baird, tgt $36
- Deutsche Bank (DB) downgraded to Neutral from Outperform at Oddo BHF
- Deutsche Bank (DB) downgraded to Sell from Neutral at Citigroup
- Dow Inc. (DOW) downgraded to In Line from Outperform at Evercore ISI, tgt $32
- Flex (FLEX) downgraded to Neutral from Outperform at KGI Securities, tgt $50
- Henry Schein (HSIC) downgraded to Hold from Buy at Stifel, tgt $75
- Molina Healthcare (MOH) downgraded to Hold from Buy at Truist, tgt $180
- Molina Healthcare (MOH) downgraded to Neutral from Overweight at Cantor Fitzgerald, tgt $210
- Norfolk Southern (NSC) downgraded to Hold from Buy at Jefferies, tgt $300
- Novocure (NVCR) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $14.50
- Oscar Health (OSCR) downgraded to Neutral from Outperform at Robert W. Baird, tgt $14
- PennyMac Mortgage (PMT) downgraded to Market Perform at Keefe Bruyette, tgt $13.50
- Procter & Gamble (PG) downgraded to Neutral from Overweight at JPMorgan, tgt $170
- Rocket Pharmaceuticals (RCKT) downgraded to Neutral from Buy at BofA Securities, tgt $4
- Sarepta (SRPT) downgraded to Underweight from Neutral at JPMorgan
- Symbotic (SYM) downgraded to Neutral from Buy at Arete, tgt $50
- Teck Resources (TECK) downgraded to Neutral from Overweight at JPMorgan, tgt $41
- Tesla (TSLA) downgraded to Hold from Buy at China Renaissance, tgt $349
- Ulta Beauty (ULTA) downgraded to Hold from Buy at Loop Capital, tgt $510
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Others
- Alumis (ALMS) initiated with an Overweight at Wells Fargo, tgt $17
- Applied Optoelectronics (AAOI) initiated with a Buy at Needham, tgt $32
- Arcutis Biotherapeutics (ARQT) initiated with a Neutral at Goldman, tgt $18
- Builders FirstSource (BLDR) initiated with a Buy at Texas Capital, tgt $145
- Chemed (CHE) initiated with a Hold at Jefferies, tgt $500
- Hess Midstream LP (HESM) resumed with an Equal Weight at Morgan Stanley, tgt $48
- HP Enterprise (HPE) resumed with a Buy at Citigroup, tgt $25
- LifeStance (LFST) initiated with a Buy at BTIG Research, tgt $8
- LSI Industries (LYTS) initiated with a Buy at Texas Capital, tgt $20
- NPK International (NPKI) initiated with a Buy at Texas Capital, tgt $12
- NuScale Power (SMR) initiated with a Neutral at BNP Paribas Exane, tgt $41
- Oklo (OKLO) initiated with an Underperform at BNP Paribas Exane, tgt $14
- Palantir (PLTR) initiated with an Overweight at Piper Sandler, tgt $170
- Teladoc (TDOC) initiated with a Neutral at Mizuho, tgt $10
- Alumis (ALMS) initiated with an Overweight at Wells Fargo, tgt $17