Research Calls
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Upgrades:
- Equifax (EFX) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $310
- Fortinet (FTNT) upgraded to Outperform from Neutral at Daiwa Securities; tgt $75
- GlaxoSmithKline (GSK) upgraded to Buy from Neutral at Citigroup
- Philip Morris International (PM) upgraded to Hold from Sell at Societe Generale
- Trimble (TRMB) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $68
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Downgrades:
- 2U (TWOU) downgraded to Hold from Buy at Needham
- AN2 Therapeutics (ANTX) downgraded to Market Perform from Outperform at Leerink Partners; tgt lowered to $7
- Cadence Design (CDNS) downgraded to Neutral from Buy at Rosenblatt; tgt $280
- The Children's Place (PLCE) downgraded to Sell from Neutral at B. Riley Securities; tgt lowered to $4
- Cloudflare (NET) downgraded to Hold from Buy at DZ Bank; tgt $110
- The Duckhorn Portfolio (NAPA) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $8
- PayPal (PYPL) downgraded to Neutral from Outperform at Daiwa Securities; tgt lowered to $62
- Terex (TEX) downgraded to Neutral from Buy at UBS; tgt raised to $62
- United Airlines (UAL) downgraded to Neutral from Buy at Redburn Atlantic; tgt $50
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Others:
- 3D Systems (DDD) initiated with an Overweight at Cantor Fitzgerald; tgt $8.50
- Accuray (ARAY) initiated with a Buy at ROTH MKM; tgt $9
- Agree Realty (ADC) initiated with an Outperform at BMO Capital Markets; tgt $69
- Block (SQ) initiated with a Buy at The Benchmark Company; tgt $89
- CompoSecure (CMPO) initiated with a Buy at The Benchmark Company; tgt $7
- Dynatrace (DT) initiated with an Equal-Weight at Morgan Stanley; tgt $60
- Enovis Corporation (ENOV) initiated with an Overweight at Stephens; tgt $72
- Essential Properties Realty Trust (EPRT) initiated with an Outperform at BMO Capital Markets; tgt $29
- Global Net Lease (GNL) initiated with an Outperform at BMO Capital Markets; tgt $11
- Hilton Grand Vacations (HGV) initiated with a Mkt Outperform at JMP Securities; tgt $55
- IQVIA (IQV) initiated with a Buy at BTIG Research; tgt $285
- Kaspi.kz (KSPI) initiated with an Outperform at Wolfe Research; tgt $130
- Knife River Corp. (KNF) initiated with a Buy at Loop Capital; tgt $81
- Marriott Vacations (VAC) initiated with a Mkt Outperform at JMP Securities; tgt $105
- NextEra Energy Partners (NEP) initiated with an Outperform at Evercore ISI; tgt $43
- PAR Technology (PAR) initiated with a Hold at The Benchmark Company
- Payoneer (PAYO) initiated with a Buy at The Benchmark Company; tgt $7
- Quanta Services (PWR) initiated with an Outperform at Evercore ISI; tgt $237
- Realty Income (O) initiated with a Market Perform at BMO Capital Markets; tgt $57
- Repay Holdings (RPAY) initiated with a Buy at The Benchmark Company; tgt $10
- Shift4 Payments (FOUR) initiated with a Buy at The Benchmark Company; tgt $95
- Stratasys (SSYS) initiated with an Overweight at Cantor Fitzgerald; tgt $24
- Travel + Leisure Co (TNL) initiated with a Mkt Outperform at JMP Securities; tgt $50