Research Calls
Upgrades:
Allegro Microsystems (ALGM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $35
CMS Energy (CMS) upgraded to Buy from Neutral at Guggenheim; tgt raised to $64
Coca-Cola FEMSA (KOF) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $102
Corteva (CTVA) upgraded to Neutral from Underperform at Exane BNP Paribas; tgt $53
easyJet (ESYJY) upgraded to Overweight from Equal Weight at Barclays
Global Payments (GPN) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $185
Janus Henderson Group (JHG) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $31
Lonza (LZAGY) upgraded to Buy from Hold at Deutsche Bank
Macy's (M) upgraded to Neutral from Sell at Citigroup; tgt raised to $18
SAP SE (SAP) upgraded to Buy from Hold at Jefferies
Downgrades:
Bio-Techne (TECH) downgraded to Hold from Buy at Stifel; tgt $65
Evans Bancorp (EVBN) downgraded to Neutral from Overweight at Piper Sandler; tgt $32
Gold Fields (GFI) downgraded to Underperform from Market Perform at BMO Capital Markets; tgt lowered to $12
New York Community (NYCB) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $7
Oaktree Specialty Lending Corp (OCSL) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $19
Solo Brands (DTC) downgraded to Underweight from Overweight at JP Morgan
Tractor Supply (TSCO) downgraded to Outperform from Strong Buy at Raymond James; tgt raised to $250
Vertex Pharma (VRTX) downgraded to Mkt Perform from Outperform at Bernstein
WEC Energy Group (WEC) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $84
Others:
Redwire Corporation (RDW) initiated with an Overweight at Cantor Fitzgerald; tgt $5