Research Calls
- Upgrades:
- Anheuser-Busch InBev (ABEV) upgraded to Buy from Hold at HSBC Securities
- Euronav (EURN) upgraded to Buy from Hold at Jefferies; tgt raised to $20
- Frontline (FRO) upgraded to Buy from Hold at Jefferies; tgt raised to $16
- Greif (GEF) upgraded to Market Perform from Underperform at BMO Capital Markets; tgt raised to $70
- Mettler-Toledo (MTD) upgraded to Buy from Hold at Stifel; tgt $1500
- NextEra Energy (NEE) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $99
- Newmont Goldcorp (NEM) upgraded to Buy from Neutral at UBS
- Nordic American Tanker (NAT) upgraded to Buy from Hold at Jefferies; tgt raised to $4
- Organon (OGN) upgraded to Overweight from Neutral at Piper Sandler; tgt lowered to $34
- Perrigo (PRGO) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $54
- PPG Industries (PPG) upgraded to Buy from Neutral at Redburn
- TEN, Ltd. (TNP) upgraded to Buy from Hold at Jefferies; tgt raised to $25
- Tesla (TSLA) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $360
- Toro (TTC) upgraded to Buy from Neutral at Northcoast
- Transocean (RIG) upgraded to Buy from Neutral at BTIG Research; tgt $8
- W.R. Berkley (WRB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $80
- Downgrades:
- Alvotech (ALVO) downgraded to Sell from Buy at Citigroup; tgt lowered to $5
- Apollo Commercial Real Estate (ARI) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $11
- Carlyle Group (CG) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $33
- Ciena (CIEN) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $45
- Claros Mortgage Trust (CMTG) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $17
- Discover Financial Services (DFS) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $113
- Edison (EIX) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $62
- Enact Holdings (ACT) downgraded to Neutral from Overweight at JP Morgan; tgt $27
- Entergy (ETR) downgraded to Neutral from Buy at UBS; tgt lowered to $128
- FedEx (FDX) downgraded to Neutral from Buy at Citigroup; tgt lowered to $225
- Greif (GEF) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $71
- LegalZoom.com (LZ) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- Rocket Companies (RKT) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $8.50
- StoneCo (STNE) downgraded to Sell from Neutral at Goldman; tgt lowered to $7.80
- WhiteHorse Finance (WHF) downgraded to Underweight from Neutral at JP Morgan; tgt $14
- Others:
- Akili Inc. (AKLI) initiated with an Outperform at Cowen
- Cadre Holdings (CDRE) initiated with a Buy at BofA Securities; tgt $30
- Dropbox (DBX) initiated with a Buy at BofA Securities; tgt $34
- Lumentum (LITE) initiated with a Buy at BofA Securities; tgt $105
- Mesoblast (MESO) initiated with an Overweight at Piper Sandler; tgt $7
- Procore Technologies (PCOR) initiated with a Mkt Outperform at JMP Securities; tgt $70
- Sun Country Airlines (SNCY) initiated with an Outperform at Cowen; tgt $25
- United Bankshares (UBSI) initiated with a Buy at Janney; tgt $40
- WesBanco Inc (WSBC) initiated with a Neutral at Janney; tgt $37