Research Calls
- Upgrades:
- America Movil SA (AMX) upgraded to Buy from Neutral at UBS; tgt lowered to $20.40
- Humana (HUM) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $549
- Martin Marietta (MLM) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $407
- Morningstar (MORN) upgraded to Buy from Neutral at Redburn
- Norwegian Cruise Line (NCLH) upgraded to Buy from Hold at Truist; tgt raised to $19
- SSE (SSEZY) upgraded to Overweight from Neutral at JP Morgan
- Downgrades:
- Adyen (ADYYF) downgraded to Hold from Buy at HSBC Securities
- AENA (ANNSF) downgraded to Underweight from Equal Weight at Barclays
- Air China (AIRYY) downgraded to Reduce from Hold at HSBC Securities
- CEMEX S.A. (CX) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $4
- Change Healthcare (CHNG) downgraded to Neutral from Buy at Citigroup; tgt $27.75
- Change Healthcare (CHNG) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $27.75
- China Southern Airlines (ZNH) downgraded to Hold from Buy at HSBC Securities
- Huntsman (HUN) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $28
- NIKE (NKE) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $110
- Ocado (OCDGF) downgraded to Reduce from Hold at HSBC Securities
- PayPal (PYPL) downgraded to Neutral from Positive at Susquehanna; tgt lowered to $100
- Telenet Group (TLGHY) downgraded to Neutral from Outperform at Credit Suisse
- Western Digital (WDC) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $40
- Weyerhaeuser (WY) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $34
- Others:
- Alnylam Pharma (ALNY) placed on Upside Catalyst Watch at Citigroup
- Ascendis Pharma (ASND) placed on Focus List at Citigroup
- Black Stone Minerals (BSM) initiated with an Overweight at KeyBanc Capital Markets; tgt $22
- Brigham Minerals (MNRL) initiated with a Sector Weight at KeyBanc Capital Markets
- Callon Petroleum (CPE) initiated with a Sector Weight at KeyBanc Capital Markets
- Cepton (CPTN) initiated with a Neutral at JP Morgan
- Corebridge Financial (CRBG) initiated with an Outperform at Autonomous Research; tgt $26
- Civitas Resources (CIVI) initiated with an Overweight at KeyBanc Capital Markets; tgt $80
- Comstock (CRK) initiated with an Overweight at KeyBanc Capital Markets; tgt $26
- Denbury (DEN) initiated with an Overweight at KeyBanc Capital Markets; tgt $102
- Diamondback Energy (FANG) initiated with an Overweight at KeyBanc Capital Markets; tgt $163
- EOG Resources (EOG) initiated with an Overweight at KeyBanc Capital Markets; tgt $157
- Enovix (ENVX) assumed with an Overweight at Piper Sandler; tgt $29
- Focus Financial (FOCS) initiated with an Underweight at Morgan Stanley; tgt $37
- Gogoro (GGR) initiated with an Underweight at JP Morgan; tgt $4.30
- Gulfport Energy (GPOR) initiated with a Sector Weight at KeyBanc Capital Markets
- Innoviz Technologies (INVZ) initiated with an Overweight at JP Morgan; tgt $22
- Ionis Pharma (IONS) removed from Focus List at Citigroup
- Kimbell Royalty Partners (KRP) initiated with a Sector Weight at KeyBanc Capital Markets
- Lithium Americas (LAC) assumed with an Overweight at Piper Sandler; tgt $38
- Livent (LTHM) assumed with an Overweight at Piper Sandler; tgt $42
- LiveRamp (RAMP) initiated with a Hold at The Benchmark Company
- Luminar Technologies (LAZR) initiated with an Overweight at JP Morgan; tgt $30
- Magnolia Oil & Gas (MGY) initiated with an Overweight at KeyBanc Capital Markets; tgt $28
- Matador Resources (MTDR) initiated with an Overweight at KeyBanc Capital Markets; tgt $72
- PDC Energy (PDCE) initiated with a Sector Weight at KeyBanc Capital Markets
- Pioneer Natural Resources (PXD) initiated with an Overweight at KeyBanc Capital Markets; tgt $290
- Provention Bio (PRVB) initiated with a Buy at Jefferies; tgt $10
- SilverBow Resources (SBOW) initiated with an Overweight at KeyBanc Capital Markets; tgt $58
- SM Energy (SM) initiated with an Overweight at KeyBanc Capital Markets; tgt $64
- Velodyne Lidar (VLDR) initiated with an Underweight at JP Morgan
- Viper Energy Partners (VNOM) initiated with an Overweight at KeyBanc Capital Markets; tgt $39
- Vista Outdoor (VSTO) initiated with a Hold at Jefferies; tgt $26
- Ziff Davis (ZD) initiated with an Outperform at Evercore ISI; tgt $90