>>> US Research Calls

Research Calls

  • Upgrades:
    • Cisco (CSCO) upgraded to Outperform from Neutral at KGI Securities; tgt $56
    • Public Storage (PSA) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt lowered to $370
    • Reinsurance Group of America (RGA) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $132
  • Downgrades:
    • BNY Mellon (BK) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $45
    • CSX (CSX) downgraded to Neutral from Buy at Citigroup; tgt lowered to $35
    • Healthpeak (PEAK) downgraded to Neutral from Buy at BofA Securities; tgt $32
    • Life Storage (LSI) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $130
    • Norfolk Southern (NSC) downgraded to Neutral from Buy at Citigroup; tgt lowered to $260
    • NTT Data (NTDTY) downgraded to Sell from Neutral at Citigroup
    • Physicians Realty Trust (DOC) downgraded to Underperform from Neutral at BofA Securities; tgt $18
    • Primerica (PRI) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $148
    • Schnitzer Steel (SCHN) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Target (TGT) downgraded to Hold from Buy at Stifel; tgt lowered to $185
    • Thor Industries (THO) downgraded to Underperform from Neutral at DA Davidson; tgt $60
    • Under Armour (UAA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $11
    • Union Pacific (UNP) downgraded to Neutral from Buy at Citigroup; tgt lowered to $235
    • UWM Holdings (UWMC) downgraded to Underweight from Neutral at Piper Sandler; tgt lowered to $3
    • Winnebago (WGO) downgraded to Neutral from Buy at DA Davidson; tgt $52
    • Wipro (WIT) downgraded to Underweight from Neutral at JP Morgan
  • Others:
    • Ardagh Metal Packaging S.A. (AMBP) initiated with an Equal-Weight at Morgan Stanley; tgt $7.20
    • Dorman Products (DORM) initiated with a Buy at MKM Partners; tgt $129
    • Futu Holdings (FUTU) assumed with a Buy at China Renaissance; tgt lowered to $51.80
    • UP Fintech (TIGR) assumed with a Hold at China Renaissance; tgt lowered to $3.80