>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Agilent (A) upgraded to Buy from Neutral at BofA Securities, tgt $145
    • Dick's Sporting Goods (DKS) upgraded to Overweight from Neutral at JPMorgan, tgt $270
    • Dominion Energy (D) upgraded to Buy from Hold at Jefferies, tgt $76
    • Equillium (EQ) upgraded to Outperform from Market Perform at Leerink, tgt $6
    • Integra LifeSciences (IART) upgraded to Neutral from Sell at Citigroup, tgt $16
    • L'Oreal (LRLCY) upgraded to Buy from Hold at Berenberg
    • LyondellBasell (LYB) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $98
    • Quanta Services (PWR) upgraded to Outperform from Perform at Oppenheimer, tgt $800
  • Downgrades:
    • Baxter (BAX) downgraded to Sell from Neutral at Citigroup, tgt $17
    • Boston Scientific (BSX) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $55
    • Electronic Arts (EA) downgraded to Hold from Buy at Argus
    • Heineken (HEINY) downgraded to Hold from Buy at Deutsche Bank
    • Mueller Industries (MLI) downgraded to Neutral from Buy at Northcoast
    • PDD Holdings (PDD) downgraded to Equal Weight from Overweight at Barclays, tgt $89
    • PDD Holdings (PDD) downgraded to Neutral from Outperform at Macquarie, tgt $87
    • RLJ Lodging Trust (RLJ) downgraded to Outperform from Strong Buy at Raymond James, tgt $11
    • Verra Mobility (VRRM) downgraded to Neutral from Buy at UBS, tgt $4
  • Others:
    • Absci (ABSI) initiated with a Buy at BTIG Research, tgt $9
    • Adlai Nortye (ANL) initiated with an Outperform at Oppenheimer, tgt $32
    • Alpha Tau Medical (DRTS) initiated with an Overweight at Barclays, tgt $15
    • CarGurus (CARG) initiated with an Overweight at Barclays, tgt $35
    • Cardinal Infrastructure Group (CDNL) initiated with an Outperform at Oppenheimer, tgt $60
    • Cellectis (CLLS) initiated with an Overweight at Barclays, tgt $9
    • Comfort Systems USA (FIX) initiated with an Outperform at Oppenheimer, tgt $2,200
    • Damora Therapeutics (DMRA) initiated with an Outperform at Wedbush, tgt $35
    • Emcor (EME) initiated with an Outperform at Oppenheimer, tgt $1,100
    • Encompass Health (EHC) initiated with a Buy at TD Cowen, tgt $125
    • Everus Construction (ECG) assumed with an Outperform at Oppenheimer, tgt $185
    • Flowco (FLOC) initiated with a Neutral at Citigroup, tgt $31
    • Granite Construction (GVA) initiated with an Outperform at Oppenheimer, tgt $170
    • Immunome (IMNM) initiated with an Overweight at Barclays, tgt $36
    • Knife River (KNF) assumed with an Outperform at Oppenheimer, tgt $95
    • Martin Marietta (MLM) initiated with a Perform at Oppenheimer
    • National Healthcare Properties (NHP) initiated with an Outperform at Citizens, tgt $18
    • Octave Intelligence (OCTV) initiated with a Buy at Guggenheim, tgt $30
    • Omnicom (OMC) resumed with a Neutral at Rothschild & Co Redburn, tgt $89
    • Organogenesis (ORGO) initiated with a Hold at Truist, tgt $3
    • RB Global (RBA) initiated with an Overweight at Barclays, tgt $124
    • Sensei Biotherapeutics (SNSE) initiated with a Buy at Lucid Capital, tgt $50
    • Snap-On (SNA) initiated with an Overweight at Barclays,. tgt $420
    • Sterling Infrastructure (STRL) initiated with an Outperform at Oppenheimer, tgt $950
    • Suncrete (RMIX) initiated with an Outperform at Robert W. Baird, tgt $21
    • Sutro Biopharma (STRO) initiated with an Overweight at Barclays, tgt $56
    • The Trade Desk (TTD) initiated with a Sell at Rothschild & Co Redburn, tgt $11
    • Valmont Industries (VMI) assumed with an Outperform at Oppenheimer, tgt $600
    • Valvoline (VVV) initiated with an Equal Weight at Barclays, tgt $35
    • Vulcan Materials (VMC) initiated with a Perform at Oppenheimer
    • WPP (WPP) initiated with a Buy at Rothschild & Co Redburn