Research Calls
- Upgrades:
- American Airlines (AAL) upgraded to Buy from Neutral at Redburn; tgt $25
- American Express (AXP) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $186
- Delta Air Lines (DAL) upgraded to Buy from Neutral at Redburn; tgt $55
- Enact Holdings (ACT) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $26.50
- Royal Caribbean (RCL) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $78
- TripAdvisor (TRIP) upgraded to Buy from Underperform at BofA Securities; tgt raised to $38
- United Airlines (UAL) upgraded to Neutral from Sell at Redburn; tgt $55
- Wayfair (W) upgraded to Equal Weight from Underweight at Barclays; tgt $70
- Downgrades:
- Adecoagro S.A. (AGRO) downgraded to Neutral from Overweight at JP Morgan; tgt $9
- Adecoagro S.A. (AGRO) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $9
- Black Hills Corp (BKH) downgraded to Sector Perform from Sector Outperform at Scotiabank; tgt $67
- Discover Financial Services (DFS) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $96
- Duck Creek Technologies (DCT) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $19
- Enbridge (ENB) downgraded to Underperform from Neutral at Credit Suisse
- Hain Celestial (HAIN) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $21
- Hain Celestial (HAIN) downgraded to Underweight from Neutral at Piper Sandler; tgt lowered to $17
- Kone Oyj (KNYJY) downgraded to Underperform from Neutral at Exane BNP Paribas
- Life Storage (LSI) downgraded to Neutral from Buy at Citigroup; tgt $126
- Southwest Air (LUV) downgraded to Neutral from Buy at Redburn; tgt $40
- Nutrien (NTR) downgraded to Hold from Buy at TD Securities; tgt $91
- Sherwin-Williams (SHW) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- UroGen Pharma (URGN) downgraded to Hold from Buy at Jefferies; tgt lowered to $10
- Volvo (VLVLY) downgraded to Hold from Buy at Jefferies
- Others:
- Advance Auto (AAP) initiated with an Underweight at Barclays; tgt $145
- AutoZone (AZO) initiated with an Overweight at Barclays; tgt $2663
- Best Buy (BBY) initiated with an Equal Weight at Barclays; tgt $88
- BJ's Wholesale (BJ) initiated with an Equal Weight at Barclays; tgt $72
- Chesapeake Energy (CHK) initiated with a Neutral at Citigroup; tgt $90
- Cisco (CSCO) added to Tactical Outperform list at Evercore ISI
- Costco (COST) initiated with an Equal Weight at Barclays; tgt $510
- Dollar General (DG) initiated with an Equal Weight at Barclays; tgt $237
- Dollar Tree (DLTR) initiated with an Equal Weight at Barclays; tgt $145
- Driven Brands (DRVN) initiated with an Overweight at Barclays; tgt $35
- Equitable Holdings (EQH) initiated with a Mkt Perform at Raymond James
- Evolv Technologies Holdings (EVLV) initiated with an Overweight at Cantor Fitzgerald; tgt $5.40
- Five Below (FIVE) initiated with an Overweight at Barclays; tgt $219
- Floor & Decor (FND) initiated with an Underweight at Barclays; tgt $88
- Home Depot (HD) initiated with an Equal Weight at Barclays; tgt $323
- Lowe's (LOW) initiated with an Equal Weight at Barclays; tgt $215
- Nouveau Monde Graphite (NMG) initiated with a Buy at H.C. Wainwright; tgt $17
- O'Reilly Auto (ORLY) initiated with an Equal Weight at Barclays; tgt $815
- Overstock.com (OSTK) initiated with an Equal Weight at Barclays; tgt $23
- Target (TGT) initiated with an Equal Weight at Barclays; tgt $163
- Tractor Supply (TSCO) initiated with an Overweight at Barclays; tgt $254
- United Rentals (URI) initiated with an Outperform at Credit Suisse; tgt $544
- Walmart (WMT) initiated with an Overweight at Barclays; tgt $159
- WillScot Mobile Mini (WSC) initiated with an Outperform at William Blair