Research Calls I
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Upgrades:
- Analog Devices (ADI) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $225
- Apple (AAPL) upgraded to Buy from Neutral at BofA Securities; tgt raised to $225
- Evotec SE (EVO) upgraded to Outperform from Sector Perform at RBC Capital Mkts
- Grab (GRAB) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $3.80
- Hertz Global (HTZ) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt lowered to $15
- Microchip (MCHP) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $105
- Microsoft (MSFT) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $471
- NXP Semi (NXPI) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $255
- Pinterest (PINS) upgraded to Buy from Hold at Argus; tgt $45
- Tempur Sealy Int'l (TPX) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $61
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Downgrades:
- Adobe (ADBE) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $499
- BAE Systems (BAESY) downgraded to Underperform from Neutral at Exane BNP Paribas
- Century Casinos (CNTY) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- Charles Schwab (SCHW) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $70
- Playtika (PLTK) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $8
- Shopify (SHOP) downgraded to Underperform from Neutral at Exane BNP Paribas
- Spirit Airlines (SAVE) downgraded to Sell from Neutral at Citigroup; tgt lowered to $4
- Taro Pharm (TARO) downgraded to Neutral from Buy at H.C. Wainwright; tgt $43
- Wells Fargo (WFC) downgraded to Hold from Buy at Odeon
- Zoom Video (ZM) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $60
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Others:
- Cloudflare (NET) initiated with a Mkt Perform at Bernstein; tgt $85
- CrowdStrike (CRWD) initiated with an Outperform at Bernstein; tgt $334
- Enbridge (ENB) initiated with a Hold at Stifel
- Equinox Gold (EQX) resumed with an Outperform at BMO Capital Markets
- Fortinet (FTNT) initiated with a Mkt Perform at Bernstein; tgt $65
- Jack Henry (JKHY) initiated with a Neutral at Citigroup; tgt $177
- NewAmsterdam Pharma (NAMS) initiated with a Buy at Guggenheim; tgt $30
- Palo Alto Networks (PANW) initiated with an Outperform at Bernstein; tgt $402
- Red Rock Resorts (RRR) initiated with an Overweight at Barclays; tgt $60
- SentinelOne (S) initiated with an Outperform at Bernstein; tgt $34
- TC Energy (TRP) initiated with a Buy at Stifel
- Zscaler (ZS) initiated with an Outperform at Bernstein; tgt $311