>>> US Research Calls I

Research Calls I
  • Upgrades:
    • AIG (AIG) upgraded to Overweight from Neutral at Cantor Fitzgerald, tgt $92
    • American Tower (AMT) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $188
    • Cinemark (CNK) upgraded to Neutral from Sell at Goldman, tgt $30
    • Five Below (FIVE) upgraded to Outperform from Neutral at Mizuho, tgt $220
    • Grainger (GWW) upgraded to Peer Perform from Underperform at Wolfe Research
    • ITT (ITT) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $229
    • Knight-Swift Transportation (KNX) upgraded to Buy from Neutral at Citigroup, tgt $90
    • Old Dominion Freight Line (ODFL) upgraded to Neutral from Sell at Citigroup, tgt $228
    • Redwood Trust (RWT) upgraded to Outperform from Market Perform at Keefe Bruyette, tgt $6
    • Saia (SAIA) upgraded to Buy from Neutral at Citigroup, tgt $488
    • Sarepta Therapeutics (SRPT) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $27
    • Ternium (TX) upgraded to Equal Weight from Underweight at Wells Fargo, tgt $45
    • The Bancorp (TBBK) upgraded to Outperform from Market Perform at Keefe Bruyette, tgt $77
    • Toast (TOST) upgraded to Buy from Neutral at Goldman, tgt $36
  • Downgrades:
    • AeroVironment (AVAV) downgraded to Sector Perform from Outperform at RBC Capital, tgt $180
    • Caesars Entertainment (CZR) downgraded to Equal Weight from Overweight at Barclays, tgt $31
    • Ducommun (DCO) downgraded to Sector Perform from Outperform at RBC Capital, tgt $175
    • First Citizens BancShares (FCNCA) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $2,300
    • Goldman Sachs BDC (GSBD) downgraded to Underperform from Neutral at BofA Securities, tgt $8.50
    • Graco (GGG) downgraded to Peer Perform from Outperform at Wolfe Research
    • Granite Construction (GVA) downgraded to Sell from Neutral at Goldman, tgt $139
    • Kaiser Aluminum (KALU) downgraded to Underweight from Equal Weight at Wells Fargo, tgt $158
    • Madison Square Garden Entertainment (MSGE) downgraded to Neutral from Buy at Goldman, tgt $82
    • Mattel (MAT) downgraded to Sell from Neutral at Goldman, tgt $12
    • Packaging Corp (PKG) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $246
    • Paramount Skydance (PSKY) downgraded to Sell from Neutral at Arete, tgt $2
    • Pentair (PNR) downgraded to Peer Perform from Outperform at Wolfe Research
    • Salesforce (CRM) downgraded to Sector Weight from Overweight at KeyBanc
    • Stellantis (STLA) downgraded to Neutral from Overweight at JPMorgan
    • Tractor Supply (TSCO) downgraded to Neutral from Outperform at Mizuho, tgt $32
  • Others:
    • Alerus Financial (ALRS) resumed with an Outperform at Raymond James, tgt $34
    • Align Technology (ALGN) initiated with an Outperform at BMO Capital, tgt $209
    • Alphatec (ATEC) initiated with an Outperform at BMO Capital, tgt $11
    • Axos Financial (AX) initiated with a Buy at Benchmark, tgt $115
    • Bank of Hawaii (BOH) initiated with a Hold at Benchmark
    • Banner Corporation (BANR) initiated with a Hold at Benchmark
    • Capitol Federal Financial (CFFN) initiated with a Buy at Benchmark, tgt $10
    • CECO Environmental (CECO) initiated with an Overweight at JPMorgan, tgt $130
    • Central Pacific Financial (CPF) initiated with a Buy at Benchmark
    • Cohu (COHU) initiated with an Outperform at Robert W. Baird, tgt $65
    • Comfort Systems USA (FIX) initiated with a Buy at Goldman, tgt $2,159
    • CONMED (CNMD) initiated with a Market Perform at BMO Capital, tgt $36
    • Dentsply Sirona (XRAY) initiated with a Market Perform at BMO Capital, tgt $12
    • Edgewise Therapeutics (EWTX) initiated with an Outperform at Oppenheimer, tgt $51
    • Enovis (ENOV) initiated with an Outperform at BMO Capital, tgt $29
    • Envista (NVST) initiated with a Market Perform at BMO Capital, tgt $27
    • First Financial (THFF) resumed with a Market Perform at Raymond James
    • First Hawaiian (FHB) initiated with a Hold at Benchmark
    • Flotek (FTK) initiated with a Buy at JonesResearch, tgt $40
    • GE HealthCare (GEHC) initiated with a Market Perform at BMO Capital, tgt $70
    • Globus Medical (GMED) initiated with an Outperform at BMO Capital, tgt $94
    • Henry Schein (HSIC) initiated with a Market Perform at BMO Capital, tgt $85
    • Integra LifeSciences (IART) initiated with a Market Perform at BMO Capital, tgt $19
    • Intuitive Surgical (ISRG) initiated with an Outperform at BMO Capital, tgt $518
    • LXP Industrial Trust (LXP) initiated with an Outperform at BMO Capital, tgt $65
    • Medallion Financial (MFIN) initiated with a Market Perform at Raymond James
    • Orchid Island Capital (ORC) initiated with a Neutral at BTIG
    • Orrstown Financial (ORRF) resumed with a Market Perform at Raymond James
    • OS Therapies (OSTX) initiated with a Buy at Roth Capital, tgt $7
    • Perimeter Solutions (PRM) initiated with an Overweight at JPMorgan, tgt $50
    • Polaryx Therapeutics (PLYX) initiated with a Buy at H.C. Wainwright, tgt $7
    • Scorpio Tankers (STNG) reinstated with an Equal Weight at Morgan Stanley, tgt $82
    • Solventum (SOLV) initiated with a Market Perform at BMO Capital, tgt $81
    • Stryker (SYK) initiated with an Outperform at BMO Capital, tgt $369
    • Teleflex (TFX) initiated with an Outperform at BMO Capital, tgt $159
    • Tesla (TSLA) initiated with a Market Perform at Citizens
    • Waters (WAT) initiated with an Outperform at RBC Capital, tgt $435
    • Zimmer Biomet (ZBH) initiated with a Market Perform at BMO Capital, tgt $95