>>> US Research Calls I

Research Calls I
  • Upgrades
    • Adient (ADNT) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $31
    • Ameresco (AMRC) upgraded to Buy from Hold at Jefferies, tgt $39
    • Amentum (AMTM) upgraded to Overweight from Neutral at Cantor Fitzgerald, tgt $35
    • Arista Networks (ANET) upgraded to Outperform from Neutral at BNP Paribas Exane, tgt $172
    • Baidu (BIDU) upgraded to Buy from Hold at DBS Bank, tgt $177
    • Chewy (CHWY) upgraded to Buy from Neutral at MoffettNathanson, tgt $48
    • CME Group (CME) upgraded to Buy from Neutral at Citigroup, tgt $300
    • CrowdStrike (CRWD) upgraded to Outperform from Sector Perform at Scotiabank, tgt $600
    • CSX (CSX) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $40
    • Freeport-McMoRan (FCX) upgraded to Outperform from Market Perform at Bernstein, tgt $48.50
    • Guardant Health (GH) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $75
    • Intel (INTC) upgraded to Neutral from Sell at Seaport Research Partners
    • Kodiak Sciences (KOD) upgraded to Equal Weight from Underweight at Barclays, tgt $17
    • Slide Insurance Holdings (SLDE) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $18
    • Ulta Beauty (ULTA) upgraded to Buy from Hold at Argus; tgt $570
    • United Natural Foods (UNFI) upgraded to Outperform from Market Perform at BMO Capital, tgt $36
    • Vertex Pharmaceuticals (VRTX) upgraded to Outperform from Market Perform at Leerink, tgt $456
  • Downgrades
    • Alibaba (BABA) downgraded to Hold from Buy at US Tiger Securities
    • BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (LND) downgraded to Market Perform from Outperform at Itau BBA
    • Caterpillar (CAT) downgraded to Negative from Mixed at BWG Global
    • Freeport-McMoRan (FCX) downgraded to Neutral from Buy at Clarksons, tgt $42
    • Freeport-McMoRan (FCX) downgraded to Sector Perform from Outperform at Scotiabank, tgt $45
    • Lithium Americas (LAC) downgraded to Hold from Buy at TD Cowen, tgt $5
    • Lululemon (LULU) downgraded to Hold from Buy at Needham
    • Qualcomm (QCOM) downgraded to Hold from Buy at Aletheia Capital
    • TotalEnergies (TTE) downgraded to Hold from Buy at Berenberg, tgt $64
    • Uranium Energy (UEC) downgraded to Market Perform from Outperform at BMO Capital, tgt $14
    • Wendy's (WEN) downgraded to Sell from Neutral at Northcoast, tgt $7
  • Others
    • Alpha Metallurgical (AMR) initiated with a Buy at Texas Capital, tgt $183
    • Apogee Therapeutics (APGE) initiated with an Outperform at RBC Capital, tgt $60
    • Alliance Resource Partners (ARLP) initiated with a Buy at Texas Capital, tgt $30
    • Atlantic Union Bankshares (AUB) initiated with a Buy at TD Cowen, tgt $46
    • Becton Dickinson (BDX) initiated with a Sector Perform at RBC Capital, tgt $211
    • Biogen (BIIB) initiated with a Buy at Jefferies, tgt $190
    • Blackstone Secured Lending Fund (BXSL) initiated with a Buy at B. Riley, tgt $32
    • BNY Mellon (BK) initiated with a Buy at TD Cowen
    • Commerce Bancshares (CBSH) initiated with a Hold at TD Cowen, tgt $63
    • Coastal Financial (CCB) initiated with a Buy at TD Cowen, tgt $140
    • Core Natural Resources (CNR) initiated with a Buy at Texas Capital, tgt $105
    • Columbia Banking (COLB) initiated with a Hold at TD Cowen, tgt $28
    • Comerica (CMA) initiated with a Hold at TD Cowen, tgt $75
    • Contineum Therapeutics (CTNM) initiated with an Outperform at Leerink, tgt $20
    • Customers Bancorp (CUBI) initiated with a Buy at TD Cowen, tgt $89
    • Eastern Bankshares (EBC) initiated with a Buy at TD Cowen, tgt $23
    • East West Bancorp (EWBC) initiated with a Buy at TD Cowen, tgt $139
    • Edgewise Therapeutics (EWTX) initiated with a Neutral at Goldman, tgt $20
    • First Hawaiian (FHB) initiated with a Hold at TD Cowen, tgt $27
    • First Horizon (FHN) initiated with a Hold at TD Cowen, tgt $25
    • Flagstar Financial (FLG) initiated with a Hold at TD Cowen, tgt $14
    • Frontier Group Holdings (ULCC) initiated with a Neutral at Seaport Research Partners
    • GFL Environmental (GFL) initiated with an Outperform at William Blair
    • Hallador Energy (HNRG) initiated with a Buy at Texas Capital, tgt $23
    • Levi Strauss (LEVI) initiated with a Buy at Needham, tgt $28
    • MVB Financial (MVBF) initiated with a Buy at TD Cowen, tgt $35
    • Navigator Holdings (NVGS) initiated with a Buy at Deutsche Bank; tgt $24
    • Northern Trust (NTRS) initiated with a Buy at TD Cowen
    • Oklo (OKLO) initiated with a Neutral at Goldman, tgt $117
    • Old National Bancorp (ONB) initiated with a Hold at TD Cowen, tgt $25
    • Oracle (ORCL) initiated with a Sell at Rothschild & Co Redburn, tgt $175
    • Peabody Energy (BTU) initiated with a Buy at Texas Capital, tgt $27
    • Pinnacle Financial (PNFP) initiated with a Buy at TD Cowen, tgt $122
    • Prosperity Bancshares (PB) initiated with a Buy at TD Cowen, tgt $79
    • Ramaco Resources (METC) initiated with a Buy at Texas Capital, tgt $42
    • Renasant (RNST) initiated with a Buy at TD Cowen, tgt $45
    • South State (SSB) initiated with a Buy at TD Cowen, tgt $127
    • State Street (STT) initiated with a Buy at TD Cowen
    • Sterling Infrastructure (STRL) initiated with a Hold at Texas Capital, tgt $348
    • Tutor Perini (TPC) initiated with a Buy at Texas Capital, tgt $85
    • Warrior Met Coal (HCC) initiated with a Buy at Texas Capital, tgt $75
    • Webull (BULL) initiated with a Buy at Rosenblatt, tgt $19
    • Webster Financial (WBS) initiated with a Buy at TD Cowen, tgt $78
    • Western Alliance (WAL) initiated with a Buy at TD Cowen, tgt $118
    • WSFS Financial (WSFS) initiated with a Buy at TD Cowen, tgt $67
    • Wintrust Financial (WTFC) initiated with a Buy at TD Cowen, tgt $166
    • Valley National (VLY) initiated with a Buy at TD Cowen, tgt $14
    • Zions Bancorp (ZION) initiated with a Hold at TD Cowen, tgt $64