Research Calls I
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Upgrades:
- Alcoa (AA) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $36
- Astera Labs (ALAB) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $55
- Ball Corp (BALL) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $78
- Boyd Gaming (BYD) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $74
- Coupang (CPNG) upgraded to Outperform from Hold at CLSA; tgt raised to $31
- Embraer SA (ERJ) upgraded to Buy from Hold at TD Cowen; tgt raised to $41
- Freeport-McMoRan (FCX) upgraded to Buy from Neutral at UBS; tgt raised to $55
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Downgrades:
- Amphenol (APH) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $71
- ArcBest (ARCB) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $112
- ASML (ASML) downgraded to Neutral from Buy at UBS
- Athira Pharma (ATHA) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- Athira Pharma (ATHA) downgraded to Neutral from Buy at BTIG Research
- Booking Holdings (BKNG) downgraded to Hold from Buy at Jefferies; tgt lowered to $4200
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Others:
- Adlai Nortye Ltd. (ANL) initiated with a Buy at H.C. Wainwright; tgt $9
- Ameresco (AMRC) initiated with a Hold at Jefferies; tgt $33
- American Homes 4 Rent (AMH) initiated with a Buy at Goldman; tgt $48
- Applied Industrial (AIT) initiated with an Outperform at Raymond James; tgt $225
- Array Tech (ARRY) resumed with a Buy at Jefferies; tgt $11
- AvidXchange (AVDX) initiated with a Neutral at Compass Point; tgt $8
- Berry Global (BERY) initiated with an Equal-Weight at Morgan Stanley; tgt $76
- Biohaven (BHVN) initiated with an Outperform at Bernstein; tgt $55
- BridgeBio Pharma (BBIO) initiated with an Overweight at Piper Sandler; tgt $46
- Camden Property (CPT) initiated with a Neutral at Goldman; tgt $139
- CI&T Inc (CINT) initiated with a Neutral at Goldman; tgt $7.30
- Confluent (CFLT) initiated with a Neutral at Robert W. Baird; tgt $23
- Core Scientific (CORZ) initiated with a Buy at Needham; tgt $16
- Equity Residential (EQR) initiated with a Neutral at Goldman; tgt $81
- Essex Property (ESS) initiated with a Neutral at Goldman; tgt $318
- Eton Pharmaceuticals resumed (ETON) with a Buy at H.C. Wainwright; tgt $9
- Fluence (FLNC) initiated with a Buy at Jefferies; tgt $26
- Genmab (GMAB) resumed with an Equal-Weight at Morgan Stanley; tgt $31
- Gentex (GNTX) initiated with a Neutral at UBS; tgt $34
- GE Vernova (GEV) initiated with a Buy at Jefferies; tgt $261
- Hannon Armstrong Sust. Infr. (HASI) initiated with a Buy at Jefferies; tgt $39