Research Calls
- Upgrades:
- Con Edison (ED) upgraded to Neutral from Underperform at BofA Securities
- Cooper (COO) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $375
- SoundHound AI (SOUN) upgraded to Overweight from Neutral at Cantor Fitzgerald
- Downgrades:
- ABB Ltd (ABB) downgraded to Underperform from Neutral at Exane BNP Paribas
- American Homes 4 Rent (AMH) downgraded to Peer Perform from Outperform at Wolfe Research
- Carvana (CVNA) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $10
- Civista Bancshares (CIVB) initiated with a Buy at Janney; tgt $27
- CrowdStrike (CRWD) downgraded to Hold from Buy at Stifel; tgt lowered to $120
- LPL Financial (LPLA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $239
- Methanex (MEOH) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $45
- MillerKnoll (MLKN) downgraded to Hold from Buy at The Benchmark Company
- Nutrien (NTR) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $93
- PennyMac Mortgage (PMT) downgraded to Hold from Buy at Jones Trading
- Solid Power (SLDP) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $5
- Steelcase (SCS) downgraded to Hold from Buy at The Benchmark Company
- Others:
- AerSale (ASLE) initiated with an Outperform at RBC Capital Mkts; tgt $21
- AppLovin (APP) initiated with a Hold at Jefferies; tgt $14
- Choice Hotels (CHH) initiated with a Sell at Redburn
- DocuSign (DOCU) initiated with a Hold at Jefferies; tgt $50
- Fisker (FSR) initiated with an Outperform at Evercore ISI; tgt $15
- Fusion Pharmaceuticals (FUSN) initiated with an Outperform at SVB Leerink; tgt $6
- Hilton (HLT) initiated with a Neutral at Redburn
- Hyatt Hotels (H) initiated with a Buy at Redburn
- Immunocore (IMCR) initiated with an Overweight at Barclays; tgt $80
- Kimball (KBAL) initiated with a Buy at The Benchmark Company; tgt $80
- LCNB (LCNB) initiated with a Neutral at Janney; tgt $19
- Leonardo DRS (DRS) initiated with a Buy at Vertical Research; tgt $14
- LSB Industries (LXU) initiated with a Buy at Jefferies; tgt $20
- Lucid Group (LCID) initiated with an In-line at Evercore ISI; tgt $12
- Marriott (MAR) initiated with a Sell at Redburn
- POINT Biopharma (PNT) initiated with an Outperform at SVB Leerink; tgt $14
- Polaris Industries (PII) initiated with a Neutral at MKM Partners; tgt $117
- Rivian Automotive (RIVN) initiated with an In-line at Evercore ISI; tgt $35
- Tricon Residential (TCN) initiated with a Peer Perform at Wolfe Research
- Wyndham Hotels & Resorts (WH) initiated with a Neutral at Redburn
- XPO Logistics (XPO) resumed with a Neutral at Citigroup; tgt $42